GQGIX vs. FXAIX
Compare and contrast key facts about GQG Partners Emerging Markets Equity Fund Institutional Shares (GQGIX) and Fidelity 500 Index Fund (FXAIX).
GQGIX is managed by GQG Partners. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
GQGIX vs. FXAIX - Performance Comparison
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GQGIX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GQGIX GQG Partners Emerging Markets Equity Fund Institutional Shares | 2.19% | 9.92% | 6.19% | 28.81% | -20.85% | -2.37% | 33.98% | 21.08% | -14.70% | 30.20% |
FXAIX Fidelity 500 Index Fund | -4.34% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 20.80% |
Returns By Period
In the year-to-date period, GQGIX achieves a 2.19% return, which is significantly higher than FXAIX's -4.34% return.
GQGIX
- 1D
- 1.73%
- 1M
- -4.61%
- YTD
- 2.19%
- 6M
- 5.33%
- 1Y
- 12.60%
- 3Y*
- 14.20%
- 5Y*
- 3.39%
- 10Y*
- —
FXAIX
- 1D
- 2.92%
- 1M
- -5.02%
- YTD
- -4.34%
- 6M
- -2.14%
- 1Y
- 17.32%
- 3Y*
- 18.30%
- 5Y*
- 11.79%
- 10Y*
- 14.08%
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GQGIX vs. FXAIX - Expense Ratio Comparison
GQGIX has a 0.98% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
GQGIX vs. FXAIX — Risk / Return Rank
GQGIX
FXAIX
GQGIX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GQG Partners Emerging Markets Equity Fund Institutional Shares (GQGIX) and Fidelity 500 Index Fund (FXAIX). 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.
| GQGIX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.01 | 0.97 | +0.04 |
Sortino ratioReturn per unit of downside risk | 1.44 | 1.49 | -0.05 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.23 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.38 | 1.52 | -0.14 |
Martin ratioReturn relative to average drawdown | 4.75 | 7.30 | -2.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GQGIX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.01 | 0.97 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.70 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.78 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.76 | -0.22 |
Correlation
The correlation between GQGIX and FXAIX is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
GQGIX vs. FXAIX - Dividend Comparison
GQGIX's dividend yield for the trailing twelve months is around 2.08%, more than FXAIX's 1.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQGIX GQG Partners Emerging Markets Equity Fund Institutional Shares | 2.08% | 2.13% | 1.70% | 2.71% | 5.67% | 3.91% | 0.24% | 1.16% | 0.81% | 0.25% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.16% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
GQGIX vs. FXAIX - Drawdown Comparison
The maximum GQGIX drawdown since its inception was -33.50%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for GQGIX and FXAIX.
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Drawdown Indicators
| GQGIX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.50% | -33.79% | +0.29% |
Max Drawdown (1Y)Largest decline over 1 year | -9.11% | -12.13% | +3.02% |
Max Drawdown (5Y)Largest decline over 5 years | -29.89% | -24.50% | -5.39% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.79% | — |
Current DrawdownCurrent decline from peak | -7.38% | -6.23% | -1.15% |
Average DrawdownAverage peak-to-trough decline | -11.54% | -3.83% | -7.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 2.53% | +0.11% |
Volatility
GQGIX vs. FXAIX - Volatility Comparison
GQG Partners Emerging Markets Equity Fund Institutional Shares (GQGIX) has a higher volatility of 5.96% compared to Fidelity 500 Index Fund (FXAIX) at 5.34%. This indicates that GQGIX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GQGIX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.96% | 5.34% | +0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 9.03% | 9.53% | -0.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.60% | 18.32% | -5.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.74% | 16.92% | -2.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.00% | 18.05% | -2.05% |