GQHPX vs. FEQIX
Compare and contrast key facts about GQG Partners US Quality Dividend Income Fund (GQHPX) and Fidelity Equity-Income Fund (FEQIX).
GQHPX is managed by GQG Partners Inc. It was launched on Jun 29, 2021. FEQIX is managed by Fidelity. It was launched on May 16, 1966.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GQHPX or FEQIX.
Key characteristics
| GQHPX | FEQIX | |
|---|---|---|
| YTD Return | 16.97% | 16.22% |
| 1Y Return | 20.64% | 22.90% |
| 3Y Return (Ann) | 12.00% | 9.05% |
| Sharpe Ratio | 1.91 | 2.21 |
| Daily Std Dev | 10.60% | 10.23% |
| Max Drawdown | -17.26% | -62.07% |
| Current Drawdown | -1.12% | -0.60% |
Correlation
The correlation between GQHPX and FEQIX is 0.86, 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
GQHPX vs. FEQIX - Performance Comparison
The year-to-date returns for both stocks are quite close, with GQHPX having a 16.97% return and FEQIX slightly lower at 16.22%. 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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GQHPX vs. FEQIX - Expense Ratio Comparison
Both GQHPX and FEQIX have an expense ratio of 0.57%.
Risk-Adjusted Performance
GQHPX vs. FEQIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GQG Partners US Quality Dividend Income Fund (GQHPX) and Fidelity Equity-Income Fund (FEQIX). 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
GQHPX vs. FEQIX - Dividend Comparison
GQHPX's dividend yield for the trailing twelve months is around 2.20%, less than FEQIX's 4.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQHPX GQG Partners US Quality Dividend Income Fund | 2.20% | 2.64% | 3.24% | 0.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FEQIX Fidelity Equity-Income Fund | 4.03% | 4.26% | 4.56% | 9.90% | 3.38% | 7.16% | 9.76% | 6.80% | 4.28% | 7.35% | 8.14% | 2.18% |
Drawdowns
GQHPX vs. FEQIX - Drawdown Comparison
The maximum GQHPX drawdown since its inception was -17.26%, smaller than the maximum FEQIX drawdown of -62.07%. Use the drawdown chart below to compare losses from any high point for GQHPX and FEQIX. For additional features, visit the drawdowns tool.
Volatility
GQHPX vs. FEQIX - Volatility Comparison
The current volatility for GQG Partners US Quality Dividend Income Fund (GQHPX) is 2.23%, while Fidelity Equity-Income Fund (FEQIX) has a volatility of 2.94%. This indicates that GQHPX experiences smaller price fluctuations and is considered to be less risky than FEQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.