GQGIX vs. GQEIX

Last updated Jun 25, 2026

GQGIX (GQG Partners Emerging Markets Equity Fund Institutional Shares) and GQEIX (GQG Partners US Select Quality Equity Fund) are both mutual funds - GQGIX is a Emerging Markets Equities fund managed by GQG Partners, while GQEIX is a Large Cap Blend Equities fund actively managed by GQG Partners Inc. Over the past 5 years, GQGIX returned 3.19%/yr vs 9.61%/yr for GQEIX. A 0.54 correlation means they provide meaningful diversification when combined. GQGIX charges 0.98%/yr vs 0.49%/yr for GQEIX.

Performance

GQGIX vs. GQEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GQG Partners Emerging Markets Equity Fund Institutional Shares (GQGIX) and GQG Partners US Select Quality Equity Fund (GQEIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with GQGIX having a 4.66% return and GQEIX slightly higher at 4.78%.

GQGIX

• 1D: -1.38%
• 1M: -2.10%
• YTD: 4.66%
• 6M: 4.96%
• 1Y: 10.96%
• 3Y*: 11.76%
• 5Y*: 3.19%
• 10Y*: —

GQEIX

• 1D: 1.79%
• 1M: -3.62%
• YTD: 4.78%
• 6M: 4.61%
• 1Y: 2.82%
• 3Y*: 12.95%
• 5Y*: 9.61%
• 10Y*: —

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

GQGIX vs. GQEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
GQGIX GQG Partners Emerging Markets Equity Fund Institutional Shares	4.66%	9.92%	6.19%	28.81%	-20.85%	-2.37%	33.98%	21.08%	-1.90%
GQEIX GQG Partners US Select Quality Equity Fund	4.78%	-4.31%	29.20%	17.77%	-2.69%	19.88%	23.88%	27.34%	-7.65%

Correlation

The correlation between GQGIX and GQEIX is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (All Time) Calculated using the full available price history since Oct 4, 2018	0.54

Over the past year, the correlation between GQGIX and GQEIX has dropped to 0.04 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.

Return for Risk

GQGIX vs. GQEIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GQGIX

GQGIX Risk / Return Rank: 18
GQGIX Sharpe Ratio Rank: 19
GQGIX Sortino Ratio Rank: 18
GQGIX Omega Ratio Rank: 18
GQGIX Calmar Ratio Rank: 18
GQGIX Martin Ratio Rank: 19

GQEIX

GQEIX Risk / Return Rank: 5
GQEIX Sharpe Ratio Rank: 5
GQEIX Sortino Ratio Rank: 5
GQEIX Omega Ratio Rank: 5
GQEIX Calmar Ratio Rank: 5
GQEIX Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GQGIX vs. GQEIX - 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 GQG Partners US Select Quality Equity Fund (GQEIX). 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.

	GQGIX	GQEIX	Difference
Sharpe ratio: Return per unit of total volatility	1.11	0.28	+0.83
Sortino ratio: Return per unit of downside risk	1.63	0.48	+1.16
Omega ratio: Gain probability vs. loss probability	1.20	1.05	+0.14
Calmar ratio: Return relative to maximum drawdown	1.41	0.35	+1.06
Martin ratio: Return relative to average drawdown	4.38	0.90	+3.48

GQGIX vs. GQEIX - Sharpe Ratio Comparison

The current GQGIX Sharpe Ratio is 1.11, which is higher than the GQEIX Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of GQGIX and GQEIX, 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

GQGIX vs. GQEIX - Drawdown Comparison

The maximum GQGIX drawdown since its inception was -33.50%, which is greater than GQEIX's maximum drawdown of -28.48%. Use the drawdown chart below to compare losses from any high point for GQGIX and GQEIX.

Drawdown Indicators

	GQGIX	GQEIX	Difference
Max Drawdown Largest peak-to-trough decline	-33.50%	-28.48%	-5.02%
Max Drawdown (1Y) Largest decline over 1 year	-9.11%	-8.45%	-0.66%
Max Drawdown (3Y) Largest decline over 3 years	-18.74%	-18.92%	+0.18%
Max Drawdown (5Y) Largest decline over 5 years	-29.14%	-20.44%	-8.70%
Current Drawdown Current decline from peak	-5.72%	-10.39%	+4.67%
Average Drawdown Average peak-to-trough decline	-11.33%	-5.77%	-5.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	3.30%	-0.37%

Volatility

GQGIX vs. GQEIX - Volatility Comparison

The current volatility for GQG Partners Emerging Markets Equity Fund Institutional Shares (GQGIX) is 3.51%, while GQG Partners US Select Quality Equity Fund (GQEIX) has a volatility of 4.18%. This indicates that GQGIX experiences smaller price fluctuations and is considered to be less risky than GQEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GQGIX	GQEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.51%	4.18%	-0.67%
Volatility (6M) Calculated over the trailing 6-month period	9.77%	8.17%	+1.60%
Volatility (1Y) Calculated over the trailing 1-year period	11.61%	10.62%	+0.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.74%	15.93%	-1.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.91%	18.73%	-2.82%

GQGIX vs. GQEIX - Expense Ratio Comparison

GQGIX has a 0.98% expense ratio, which is higher than GQEIX's 0.49% expense ratio.

Dividends

GQGIX vs. GQEIX - Dividend Comparison

GQGIX's dividend yield for the trailing twelve months is around 2.03%, less than GQEIX's 7.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
GQEIX GQG Partners US Select Quality Equity Fund	7.04%	7.38%	5.41%	0.63%	4.50%	1.50%	0.67%	0.65%	0.12%	0.00%
GQGIX GQG Partners Emerging Markets Equity Fund Institutional Shares	2.03%	2.13%	1.70%	2.71%	5.67%	3.91%	0.24%	1.16%	0.81%	0.25%

Frequently Asked Questions

Can I hold both GQGIX and GQEIX in my portfolio?

GQGIX and GQEIX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GQGIX or GQEIX?

GQEIX has higher volatility (4.18%) compared to GQGIX (3.51%). In terms of maximum drawdown, GQGIX dropped -33.50% vs GQEIX's -28.48%.

Which has better risk-adjusted returns?

GQGIX currently has the higher Sharpe Ratio (1.11 vs 0.28), 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.