GQGU vs. MFUS

Last updated Jun 4, 2026

GQGU (GQG US Equity ETF) and MFUS (PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF) are both Large Cap Growth Equities funds. GQGU is actively managed, while MFUS is passively managed. At a 0.13 correlation, their price movements are largely independent. GQGU charges 0.49%/yr vs 0.30%/yr for MFUS.

Performance

GQGU vs. MFUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GQG US Equity ETF (GQGU) and PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GQGU achieves a 6.60% return, which is significantly lower than MFUS's 16.37% return.

GQGU

• 1D: -1.06%
• 1M: -1.65%
• YTD: 6.60%
• 6M: 7.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MFUS

• 1D: 0.03%
• 1M: 5.72%
• YTD: 16.37%
• 6M: 16.58%
• 1Y: 28.04%
• 3Y*: 22.25%
• 5Y*: 12.82%
• 10Y*: —

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

GQGU vs. MFUS - Yearly Performance Comparison

	2026 (YTD)	2025
GQGU GQG US Equity ETF	6.60%	-1.14%
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	16.37%	6.13%

Correlation

The correlation between GQGU and MFUS is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025	0.13

Return for Risk

GQGU vs. MFUS — Risk / Return Rank

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

MFUS

MFUS Risk / Return Rank: 82
MFUS Sharpe Ratio Rank: 80
MFUS Sortino Ratio Rank: 83
MFUS Omega Ratio Rank: 78
MFUS Calmar Ratio Rank: 83
MFUS Martin Ratio Rank: 86

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.

GQGU vs. MFUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GQG US Equity ETF (GQGU) and PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GQGU	MFUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.63	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.86	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.79	-0.19

Drawdowns

GQGU vs. MFUS - Drawdown Comparison

The maximum GQGU drawdown since its inception was -6.65%, smaller than the maximum MFUS drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for GQGU and MFUS.

Drawdown Indicators

	GQGU	MFUS	Difference
Max Drawdown Largest peak-to-trough decline	-6.65%	-35.21%	+28.56%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.39%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.39%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.22%	—
Current Drawdown Current decline from peak	-4.66%	0.00%	-4.66%
Average Drawdown Average peak-to-trough decline	-2.54%	-4.00%	+1.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.55%	—

Volatility

Volatility by Period

	GQGU	MFUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.22%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.14%	10.72%	-0.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.14%	15.03%	-4.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.14%	17.35%	-7.21%

GQGU vs. MFUS - Expense Ratio Comparison

GQGU has a 0.49% expense ratio, which is higher than MFUS's 0.30% expense ratio.

Dividends

GQGU vs. MFUS - Dividend Comparison

GQGU's dividend yield for the trailing twelve months is around 0.96%, less than MFUS's 1.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
GQGU GQG US Equity ETF	0.96%	1.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	1.36%	1.54%	1.45%	1.96%	2.07%	1.35%	1.72%	1.89%	1.69%	1.01%

Frequently Asked Questions

Can I hold both GQGU and MFUS in my portfolio?

GQGU and MFUS have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GQGU or MFUS?

On fees, MFUS is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GQGU or MFUS?

MFUS is cheaper with a 0.30% expense ratio, compared with 0.49% for GQGU.

Which ETF pays a higher dividend yield, GQGU or MFUS?

MFUS has the higher dividend yield at 1.36%, compared with 0.96% for GQGU.

What is the main difference between GQGU and MFUS?

They also come from different issuers: GQG Partners and PIMCO. Their fees differ too: 0.49% for GQGU and 0.30% for MFUS.