GQGIX vs. IEMG
Compare and contrast key facts about GQG Partners Emerging Markets Equity Fund Institutional Shares (GQGIX) and iShares Core MSCI Emerging Markets ETF (IEMG).
GQGIX is managed by GQG Partners. IEMG is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets 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 IEMG.
Key characteristics
| GQGIX | IEMG | |
|---|---|---|
| YTD Return | 10.16% | 10.59% |
| 1Y Return | 21.01% | 18.78% |
| 3Y Return (Ann) | 2.15% | -1.83% |
| 5Y Return (Ann) | 8.88% | 4.37% |
| Sharpe Ratio | 1.55 | 1.29 |
| Sortino Ratio | 2.08 | 1.88 |
| Omega Ratio | 1.30 | 1.23 |
| Calmar Ratio | 1.11 | 0.75 |
| Martin Ratio | 5.98 | 6.91 |
| Ulcer Index | 3.68% | 2.83% |
| Daily Std Dev | 14.16% | 15.16% |
| Max Drawdown | -34.47% | -38.72% |
| Current Drawdown | -8.45% | -12.41% |
Correlation
The correlation between GQGIX and IEMG is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GQGIX vs. IEMG - Performance Comparison
The year-to-date returns for both investments are quite close, with GQGIX having a 10.16% return and IEMG slightly higher at 10.59%. 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. IEMG - Expense Ratio Comparison
GQGIX has a 0.98% expense ratio, which is higher than IEMG's 0.14% expense ratio.
Risk-Adjusted Performance
GQGIX vs. IEMG - 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 Emerging Markets ETF (IEMG). 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. IEMG - Dividend Comparison
GQGIX's dividend yield for the trailing twelve months is around 2.46%, less than IEMG's 2.68% 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% |
IEMG iShares Core MSCI Emerging Markets ETF | 2.68% | 2.89% | 2.70% | 3.06% | 1.87% | 3.15% | 2.76% | 2.34% | 2.28% | 2.52% | 2.30% | 1.76% |
Drawdowns
GQGIX vs. IEMG - Drawdown Comparison
The maximum GQGIX drawdown since its inception was -34.47%, smaller than the maximum IEMG drawdown of -38.72%. Use the drawdown chart below to compare losses from any high point for GQGIX and IEMG. For additional features, visit the drawdowns tool.
Volatility
GQGIX vs. IEMG - Volatility Comparison
The current volatility for GQG Partners Emerging Markets Equity Fund Institutional Shares (GQGIX) is 2.80%, while iShares Core MSCI Emerging Markets ETF (IEMG) has a volatility of 4.78%. This indicates that GQGIX experiences smaller price fluctuations and is considered to be less risky than IEMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.