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GQGPX vs. HAWX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

GQGPX vs. HAWX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GQG Partners Emerging Markets Equity Fund (GQGPX) and iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%JuneJulyAugustSeptemberOctoberNovember
-6.83%
2.40%
GQGPX
HAWX

Returns By Period

In the year-to-date period, GQGPX achieves a 6.54% return, which is significantly lower than HAWX's 14.22% return.


GQGPX

YTD

6.54%

1M

-4.82%

6M

-6.73%

1Y

14.93%

5Y (annualized)

7.88%

10Y (annualized)

N/A

HAWX

YTD

14.22%

1M

-1.27%

6M

2.99%

1Y

17.74%

5Y (annualized)

8.74%

10Y (annualized)

N/A

Key characteristics


GQGPXHAWX
Sharpe Ratio0.891.72
Sortino Ratio1.242.30
Omega Ratio1.191.31
Calmar Ratio0.772.00
Martin Ratio3.479.35
Ulcer Index4.17%1.96%
Daily Std Dev16.30%10.68%
Max Drawdown-34.66%-30.64%
Current Drawdown-11.36%-2.69%

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GQGPX vs. HAWX - Expense Ratio Comparison

GQGPX has a 1.22% expense ratio, which is higher than HAWX's 0.35% expense ratio.


GQGPX
GQG Partners Emerging Markets Equity Fund
Expense ratio chart for GQGPX: current value at 1.22% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.22%
Expense ratio chart for HAWX: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Correlation

-0.50.00.51.00.7

The correlation between GQGPX and HAWX is 0.70, 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.

Risk-Adjusted Performance

GQGPX vs. HAWX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for GQG Partners Emerging Markets Equity Fund (GQGPX) and iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX). 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.


Sharpe ratio
The chart of Sharpe ratio for GQGPX, currently valued at 0.89, compared to the broader market-1.000.001.002.003.004.005.000.891.72
The chart of Sortino ratio for GQGPX, currently valued at 1.24, compared to the broader market0.005.0010.001.242.30
The chart of Omega ratio for GQGPX, currently valued at 1.19, compared to the broader market1.002.003.004.001.191.31
The chart of Calmar ratio for GQGPX, currently valued at 0.77, compared to the broader market0.005.0010.0015.0020.0025.000.772.00
The chart of Martin ratio for GQGPX, currently valued at 3.47, compared to the broader market0.0020.0040.0060.0080.00100.003.479.35
GQGPX
HAWX

The current GQGPX Sharpe Ratio is 0.89, which is lower than the HAWX Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of GQGPX and HAWX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
0.89
1.72
GQGPX
HAWX

Dividends

GQGPX vs. HAWX - Dividend Comparison

GQGPX's dividend yield for the trailing twelve months is around 2.38%, less than HAWX's 2.75% yield.


TTM202320222021202020192018201720162015
GQGPX
GQG Partners Emerging Markets Equity Fund
2.38%2.53%5.52%2.27%0.15%2.39%0.59%0.17%0.00%0.00%
HAWX
iShares Currency Hedged MSCI ACWI ex U.S. ETF
2.75%2.95%16.94%2.63%2.00%3.22%2.51%2.40%2.49%3.86%

Drawdowns

GQGPX vs. HAWX - Drawdown Comparison

The maximum GQGPX drawdown since its inception was -34.66%, which is greater than HAWX's maximum drawdown of -30.64%. Use the drawdown chart below to compare losses from any high point for GQGPX and HAWX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-11.36%
-2.69%
GQGPX
HAWX

Volatility

GQGPX vs. HAWX - Volatility Comparison

GQG Partners Emerging Markets Equity Fund (GQGPX) has a higher volatility of 8.72% compared to iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) at 2.86%. This indicates that GQGPX's price experiences larger fluctuations and is considered to be riskier than HAWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
8.72%
2.86%
GQGPX
HAWX