GQGPX vs. GQEIX

Last updated Jun 4, 2026

GQGPX (GQG Partners Emerging Markets Equity Fund) and GQEIX (GQG Partners US Select Quality Equity Fund) are both mutual funds - GQGPX is a Emerging Markets Diversified fund managed by GQG Partners Inc, while GQEIX is a Large Cap Blend Equities fund actively managed by GQG Partners Inc. Over the past 5 years, GQGPX returned 3.33%/yr vs 10.87%/yr for GQEIX. A 0.54 correlation means they provide meaningful diversification when combined. GQGPX charges 1.22%/yr vs 0.49%/yr for GQEIX.

Performance

GQGPX vs. GQEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GQG Partners Emerging Markets Equity Fund (GQGPX) 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 GQGPX having a 7.63% return and GQEIX slightly higher at 7.72%.

GQGPX

• 1D: 1.28%
• 1M: -1.80%
• YTD: 7.63%
• 6M: 8.05%
• 1Y: 15.72%
• 3Y*: 13.47%
• 5Y*: 3.33%
• 10Y*: —

GQEIX

• 1D: -0.46%
• 1M: -0.69%
• YTD: 7.72%
• 6M: 8.37%
• 1Y: 6.34%
• 3Y*: 14.00%
• 5Y*: 10.87%
• 10Y*: —

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

GQGPX vs. GQEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
GQGPX GQG Partners Emerging Markets Equity Fund	7.63%	9.67%	6.00%	28.47%	-21.01%	-2.52%	33.74%	20.92%	-0.03%
GQEIX GQG Partners US Select Quality Equity Fund	7.72%	-4.31%	29.20%	17.77%	-2.69%	19.88%	23.88%	27.34%	-7.65%

Correlation

The correlation between GQGPX 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	0.51
Correlation (All Time) Calculated using the full available price history since Oct 5, 2018	0.54

Over the past year, the correlation between GQGPX 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

GQGPX vs. GQEIX — Risk / Return Rank

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

GQGPX

GQGPX Risk / Return Rank: 22
GQGPX Sharpe Ratio Rank: 23
GQGPX Sortino Ratio Rank: 22
GQGPX Omega Ratio Rank: 22
GQGPX Calmar Ratio Rank: 21
GQGPX Martin Ratio Rank: 22

GQEIX

GQEIX Risk / Return Rank: 7
GQEIX Sharpe Ratio Rank: 7
GQEIX Sortino Ratio Rank: 7
GQEIX Omega Ratio Rank: 7
GQEIX Calmar Ratio Rank: 9
GQEIX Martin Ratio Rank: 7

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.

GQGPX vs. GQEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GQG Partners Emerging Markets Equity Fund (GQGPX) 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.

	GQGPX	GQEIX	Difference
Sharpe ratio: Return per unit of total volatility	1.36	0.60	+0.77
Sortino ratio: Return per unit of downside risk	1.98	0.93	+1.06
Omega ratio: Gain probability vs. loss probability	1.25	1.10	+0.14
Calmar ratio: Return relative to maximum drawdown	1.69	0.89	+0.80
Martin ratio: Return relative to average drawdown	5.73	2.02	+3.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GQGPX vs. GQEIX - Sharpe Ratio Comparison

The current GQGPX Sharpe Ratio is 1.36, which is higher than the GQEIX Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of GQGPX 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.

Sharpe Ratios by Period

	GQGPX	GQEIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.36	0.60	+0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.69	-0.46
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.73	-0.18

Drawdowns

GQGPX vs. GQEIX - Drawdown Comparison

The maximum GQGPX drawdown since its inception was -33.68%, which is greater than GQEIX's maximum drawdown of -28.48%. Use the drawdown chart below to compare losses from any high point for GQGPX and GQEIX.

Drawdown Indicators

	GQGPX	GQEIX	Difference
Max Drawdown Largest peak-to-trough decline	-33.68%	-28.48%	-5.20%
Max Drawdown (1Y) Largest decline over 1 year	-9.12%	-6.73%	-2.39%
Max Drawdown (3Y) Largest decline over 3 years	-18.83%	-18.92%	+0.09%
Max Drawdown (5Y) Largest decline over 5 years	-30.02%	-20.44%	-9.58%
Current Drawdown Current decline from peak	-3.00%	-7.88%	+4.88%
Average Drawdown Average peak-to-trough decline	-11.53%	-5.75%	-5.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	2.98%	-0.29%

Volatility

GQGPX vs. GQEIX - Volatility Comparison

The current volatility for GQG Partners Emerging Markets Equity Fund (GQGPX) is 3.31%, while GQG Partners US Select Quality Equity Fund (GQEIX) has a volatility of 3.52%. This indicates that GQGPX 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

	GQGPX	GQEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.31%	3.52%	-0.21%
Volatility (6M) Calculated over the trailing 6-month period	9.52%	7.69%	+1.83%
Volatility (1Y) Calculated over the trailing 1-year period	11.32%	10.10%	+1.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.68%	15.87%	-1.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.92%	18.75%	-2.83%

GQGPX vs. GQEIX - Expense Ratio Comparison

GQGPX has a 1.22% expense ratio, which is higher than GQEIX's 0.49% expense ratio.

Dividends

GQGPX vs. GQEIX - Dividend Comparison

GQGPX's dividend yield for the trailing twelve months is around 1.78%, less than GQEIX's 6.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
GQEIX GQG Partners US Select Quality Equity Fund	6.85%	7.38%	5.41%	0.63%	4.50%	1.50%	0.67%	0.65%	0.12%	0.00%
GQGPX GQG Partners Emerging Markets Equity Fund	1.78%	1.91%	1.50%	2.54%	5.52%	3.78%	0.15%	1.06%	0.59%	0.17%

Frequently Asked Questions

Can I hold both GQGPX and GQEIX in my portfolio?

GQGPX 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, GQGPX or GQEIX?

GQEIX has higher volatility (3.52%) compared to GQGPX (3.31%). In terms of maximum drawdown, GQGPX dropped -33.68% vs GQEIX's -28.48%.

Which has better risk-adjusted returns?

GQGPX currently has the higher Sharpe Ratio (1.36 vs 0.60), 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.