GQEPX vs. AGTHX

Last updated Aug 4, 2026

GQEPX (GQG Partners US Select Quality Equity Fund Investor Shares) and AGTHX (American Funds The Growth Fund of America Class A) are both mutual funds - GQEPX is a Quality Factor fund managed by GQG Partners, while AGTHX is a Large Cap Growth Equities fund actively managed by Capital Group. Over the past 5 years, GQEPX returned 9.28%/yr vs 10.36%/yr for AGTHX. Their 0.69 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.59% expense ratio.

Performance

GQEPX vs. AGTHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GQG Partners US Select Quality Equity Fund Investor Shares (GQEPX) and American Funds The Growth Fund of America Class A (AGTHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GQEPX achieves a 6.74% return, which is significantly higher than AGTHX's 5.61% return.

GQEPX

• 1D: 0.94%
• 1M: 1.28%
• 6M: 3.19%
• YTD: 6.74%
• 1Y: 7.22%
• 3Y*: 11.80%
• 5Y*: 9.28%
• 10Y*: —
• ALL TIME*: 13.06%

AGTHX

• 1D: 1.17%
• 1M: -2.12%
• 6M: 4.73%
• YTD: 5.61%
• 1Y: 14.21%
• 3Y*: 20.28%
• 5Y*: 10.36%
• 10Y*: 15.25%
• ALL TIME*: 13.02%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AGTHX American Funds The Growth Fund of America Class A	$0.00	$0.00	$0.00
GQEPX GQG Partners US Select Quality Equity Fund Investor Shares	$0.00	$0.00	$0.00

GQEPX vs. AGTHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
GQEPX GQG Partners US Select Quality Equity Fund Investor Shares	6.74%	-4.52%	28.99%	17.39%	-2.81%	19.90%	23.65%	27.21%	-7.67%
AGTHX American Funds The Growth Fund of America Class A	5.61%	19.73%	28.02%	37.22%	-30.75%	19.32%	37.83%	28.16%	-15.32%

Correlation

The correlation between GQEPX and AGTHX is -0.27, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.27
Correlation (3Y) Balances recent behavior with more history.	0.46
Correlation (5Y) Shows whether the relationship held over a longer period.	0.58
Correlation (All Time) Calculated using the full available price history since Oct 4, 2018	0.69

The correlation between GQEPX and AGTHX shifts across timeframes, from -0.27 (1 year) to 0.69 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GQEPX vs. AGTHX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GQEPX

GQEPX Risk / Return Rank: 14
GQEPX Sharpe Ratio Rank: 15
GQEPX Sortino Ratio Rank: 15
GQEPX Omega Ratio Rank: 14
GQEPX Calmar Ratio Rank: 15
GQEPX Martin Ratio Rank: 12

AGTHX

AGTHX Risk / Return Rank: 18
AGTHX Sharpe Ratio Rank: 17
AGTHX Sortino Ratio Rank: 17
AGTHX Omega Ratio Rank: 18
AGTHX Calmar Ratio Rank: 17
AGTHX Martin Ratio Rank: 22

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GQEPX vs. AGTHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GQG Partners US Select Quality Equity Fund Investor Shares (GQEPX) and American Funds The Growth Fund of America Class A (AGTHX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GQEPX	AGTHX	Difference
Sharpe ratio: Return per unit of total volatility	0.65	0.73	-0.08
Sortino ratio: Return per unit of downside risk	1.01	1.10	-0.09
Omega ratio: Gain probability vs. loss probability	1.12	1.14	-0.02
Calmar ratio: Return relative to maximum drawdown	0.81	0.90	-0.08
Martin ratio: Return relative to average drawdown	1.84	3.24	-1.41

GQEPX vs. AGTHX - Sharpe Ratio Comparison

The current GQEPX Sharpe Ratio is 0.65, which is comparable to the AGTHX Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of GQEPX and AGTHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GQEPX vs. AGTHX - Drawdown Comparison

The maximum GQEPX drawdown since its inception was -28.45%, smaller than the maximum AGTHX drawdown of -51.91%. Use the drawdown chart below to compare losses from any high point for GQEPX and AGTHX.

Drawdown Indicators

	GQEPX	AGTHX	Difference
Max Drawdown Largest peak-to-trough decline	-28.45%	-51.91%	+23.46%
Max Drawdown (1Y) Largest decline over 1 year	-8.48%	-13.76%	+5.28%
Max Drawdown (3Y) Largest decline over 3 years	-18.97%	-21.57%	+2.60%
Max Drawdown (5Y) Largest decline over 5 years	-20.49%	-36.38%	+15.89%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.38%	—
Current Drawdown Current decline from peak	-8.89%	-4.39%	-4.50%
Average Drawdown Average peak-to-trough decline	-5.90%	-9.17%	+3.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.75%	3.81%	-0.06%

Volatility

GQEPX vs. AGTHX - Volatility Comparison

The current volatility for GQG Partners US Select Quality Equity Fund Investor Shares (GQEPX) is 2.81%, while American Funds The Growth Fund of America Class A (AGTHX) has a volatility of 5.01%. This indicates that GQEPX experiences smaller price fluctuations and is considered to be less risky than AGTHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GQEPX	AGTHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.81%	5.01%	-2.20%
Volatility (6M) Calculated over the trailing 6-month period	8.39%	13.70%	-5.31%
Volatility (1Y) Calculated over the trailing 1-year period	10.60%	16.94%	-6.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.89%	20.52%	-4.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.61%	19.77%	-1.16%

GQEPX vs. AGTHX - Expense Ratio Comparison

Both GQEPX and AGTHX have an expense ratio of 0.59%.

Dividends

GQEPX vs. AGTHX - Dividend Comparison

GQEPX's dividend yield for the trailing twelve months is around 6.54%, less than AGTHX's 10.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGTHX American Funds The Growth Fund of America Class A	10.13%	10.69%	8.99%	7.40%	4.05%	8.18%	4.30%	7.15%	11.99%	7.03%	6.61%	8.87%
GQEPX GQG Partners US Select Quality Equity Fund Investor Shares	6.54%	6.98%	5.30%	0.44%	4.46%	1.49%	0.61%	0.63%	0.09%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GQEPX and AGTHX in my portfolio?

GQEPX and AGTHX have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GQEPX or AGTHX?

AGTHX has higher volatility (5.01%) compared to GQEPX (2.81%). In terms of maximum drawdown, GQEPX dropped -28.45% vs AGTHX's -51.91%.

Which has better risk-adjusted returns?

AGTHX currently has the higher Sharpe Ratio (0.73 vs 0.65), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.