PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
GQGPX vs. HAWX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


GQGPXHAWX
YTD Return9.08%13.86%
1Y Return19.58%20.06%
3Y Return (Ann)1.65%6.25%
5Y Return (Ann)8.47%8.76%
Sharpe Ratio1.401.88
Sortino Ratio1.892.51
Omega Ratio1.271.34
Calmar Ratio0.982.21
Martin Ratio5.2910.68
Ulcer Index3.73%1.90%
Daily Std Dev14.14%10.77%
Max Drawdown-34.66%-30.64%
Current Drawdown-9.24%-3.00%

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.

Performance

GQGPX vs. HAWX - Performance Comparison

In the year-to-date period, GQGPX achieves a 9.08% return, which is significantly lower than HAWX's 13.86% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
-3.48%
2.19%
GQGPX
HAWX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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%

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.


GQGPX
Sharpe ratio
The chart of Sharpe ratio for GQGPX, currently valued at 1.40, compared to the broader market0.002.004.001.40
Sortino ratio
The chart of Sortino ratio for GQGPX, currently valued at 1.89, compared to the broader market0.005.0010.001.89
Omega ratio
The chart of Omega ratio for GQGPX, currently valued at 1.27, compared to the broader market1.002.003.004.001.27
Calmar ratio
The chart of Calmar ratio for GQGPX, currently valued at 0.98, compared to the broader market0.005.0010.0015.0020.000.98
Martin ratio
The chart of Martin ratio for GQGPX, currently valued at 5.29, compared to the broader market0.0020.0040.0060.0080.00100.005.29
HAWX
Sharpe ratio
The chart of Sharpe ratio for HAWX, currently valued at 1.88, compared to the broader market0.002.004.001.88
Sortino ratio
The chart of Sortino ratio for HAWX, currently valued at 2.51, compared to the broader market0.005.0010.002.51
Omega ratio
The chart of Omega ratio for HAWX, currently valued at 1.34, compared to the broader market1.002.003.004.001.34
Calmar ratio
The chart of Calmar ratio for HAWX, currently valued at 2.21, compared to the broader market0.005.0010.0015.0020.002.21
Martin ratio
The chart of Martin ratio for HAWX, currently valued at 10.68, compared to the broader market0.0020.0040.0060.0080.00100.0010.68

GQGPX vs. HAWX - Sharpe Ratio Comparison

The current GQGPX Sharpe Ratio is 1.40, which is comparable to the HAWX Sharpe Ratio of 1.88. 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 Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.40
1.88
GQGPX
HAWX

Dividends

GQGPX vs. HAWX - Dividend Comparison

GQGPX's dividend yield for the trailing twelve months is around 2.32%, less than HAWX's 2.76% yield.


TTM202320222021202020192018201720162015
GQGPX
GQG Partners Emerging Markets Equity Fund
2.32%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
2.76%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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-9.24%
-3.00%
GQGPX
HAWX

Volatility

GQGPX vs. HAWX - Volatility Comparison

The current volatility for GQG Partners Emerging Markets Equity Fund (GQGPX) is 2.70%, while iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) has a volatility of 3.44%. This indicates that GQGPX experiences smaller price fluctuations and is considered to be less risky than HAWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
2.70%
3.44%
GQGPX
HAWX