GQGIX vs. IEFA
Compare and contrast key facts about GQG Partners Emerging Markets Equity Fund Institutional Shares (GQGIX) and iShares Core MSCI EAFE ETF (IEFA).
GQGIX is managed by GQG Partners. IEFA is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Investable Market Index. It was launched on Oct 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GQGIX or IEFA.
Key characteristics
| GQGIX | IEFA | |
|---|---|---|
| YTD Return | 10.16% | 6.79% |
| 1Y Return | 21.01% | 18.21% |
| 3Y Return (Ann) | 2.15% | 1.66% |
| 5Y Return (Ann) | 8.88% | 5.97% |
| Sharpe Ratio | 1.55 | 1.45 |
| Sortino Ratio | 2.08 | 2.07 |
| Omega Ratio | 1.30 | 1.25 |
| Calmar Ratio | 1.11 | 1.54 |
| Martin Ratio | 5.98 | 7.74 |
| Ulcer Index | 3.68% | 2.43% |
| Daily Std Dev | 14.16% | 12.99% |
| Max Drawdown | -34.47% | -34.78% |
| Current Drawdown | -8.45% | -6.25% |
Correlation
The correlation between GQGIX and IEFA is 0.66, 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.
Performance
GQGIX vs. IEFA - Performance Comparison
In the year-to-date period, GQGIX achieves a 10.16% return, which is significantly higher than IEFA's 6.79% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GQGIX vs. IEFA - Expense Ratio Comparison
GQGIX has a 0.98% expense ratio, which is higher than IEFA's 0.07% expense ratio.
Risk-Adjusted Performance
GQGIX vs. IEFA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GQG Partners Emerging Markets Equity Fund Institutional Shares (GQGIX) and iShares Core MSCI EAFE ETF (IEFA). 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.
Dividends
GQGIX vs. IEFA - Dividend Comparison
GQGIX's dividend yield for the trailing twelve months is around 2.46%, less than IEFA's 3.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQGIX GQG Partners Emerging Markets Equity Fund Institutional Shares | 2.46% | 2.71% | 5.67% | 2.41% | 0.24% | 1.16% | 0.80% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% |
IEFA iShares Core MSCI EAFE ETF | 3.09% | 3.20% | 2.70% | 3.32% | 1.90% | 3.18% | 3.46% | 2.57% | 2.96% | 2.63% | 3.10% | 2.16% |
Drawdowns
GQGIX vs. IEFA - Drawdown Comparison
The maximum GQGIX drawdown since its inception was -34.47%, roughly equal to the maximum IEFA drawdown of -34.78%. Use the drawdown chart below to compare losses from any high point for GQGIX and IEFA. For additional features, visit the drawdowns tool.
Volatility
GQGIX vs. IEFA - Volatility Comparison
The current volatility for GQG Partners Emerging Markets Equity Fund Institutional Shares (GQGIX) is 2.80%, while iShares Core MSCI EAFE ETF (IEFA) has a volatility of 3.84%. This indicates that GQGIX experiences smaller price fluctuations and is considered to be less risky than IEFA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.