GQHPX vs. GQRPX

Last updated Jun 25, 2026

GQHPX (GQG Partners US Quality Dividend Income Fund) and GQRPX (GQG Partners Global Quality Equity Fund) are both mutual funds - GQHPX is a Large Cap Value Equities fund managed by GQG Partners Inc, while GQRPX is a Global Equities fund managed by GQG Partners. Over the past 3 years, GQHPX returned 11.72%/yr vs 12.85%/yr for GQRPX. A 0.80 correlation means they provide meaningful diversification when combined. GQHPX charges 0.57%/yr vs 0.97%/yr for GQRPX.

Performance

GQHPX vs. GQRPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GQG Partners US Quality Dividend Income Fund (GQHPX) and GQG Partners Global Quality Equity Fund (GQRPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GQHPX achieves a 8.99% return, which is significantly higher than GQRPX's 5.53% return.

GQHPX

• 1D: 1.66%
• 1M: -3.56%
• YTD: 8.99%
• 6M: 8.81%
• 1Y: 11.15%
• 3Y*: 11.72%
• 5Y*: —
• 10Y*: —

GQRPX

• 1D: 1.33%
• 1M: -3.27%
• YTD: 5.53%
• 6M: 5.58%
• 1Y: 5.11%
• 3Y*: 12.85%
• 5Y*: 8.85%
• 10Y*: —

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

GQHPX vs. GQRPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GQHPX GQG Partners US Quality Dividend Income Fund	8.99%	7.53%	12.69%	3.94%	6.73%	10.34%
GQRPX GQG Partners Global Quality Equity Fund	5.53%	0.67%	19.98%	19.56%	-3.77%	3.76%

Correlation

The correlation between GQHPX and GQRPX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jun 30, 2021	0.80

The correlation between GQHPX and GQRPX shifts across timeframes, from 0.73 (3 years) to 0.91 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

GQHPX vs. GQRPX — Risk / Return Rank

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

GQHPX

GQHPX Risk / Return Rank: 20
GQHPX Sharpe Ratio Rank: 18
GQHPX Sortino Ratio Rank: 19
GQHPX Omega Ratio Rank: 16
GQHPX Calmar Ratio Rank: 26
GQHPX Martin Ratio Rank: 23

GQRPX

GQRPX Risk / Return Rank: 8
GQRPX Sharpe Ratio Rank: 8
GQRPX Sortino Ratio Rank: 8
GQRPX Omega Ratio Rank: 7
GQRPX Calmar Ratio Rank: 9
GQRPX Martin Ratio Rank: 8

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.

GQHPX vs. GQRPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GQG Partners US Quality Dividend Income Fund (GQHPX) and GQG Partners Global Quality Equity Fund (GQRPX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GQHPX	GQRPX	Difference
Sharpe ratio: Return per unit of total volatility	1.06	0.59	+0.47
Sortino ratio: Return per unit of downside risk	1.60	0.89	+0.71
Omega ratio: Gain probability vs. loss probability	1.18	1.10	+0.08
Calmar ratio: Return relative to maximum drawdown	1.68	0.79	+0.89
Martin ratio: Return relative to average drawdown	4.85	1.95	+2.90

GQHPX vs. GQRPX - Sharpe Ratio Comparison

The current GQHPX Sharpe Ratio is 1.06, which is higher than the GQRPX Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of GQHPX and GQRPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GQHPX vs. GQRPX - Drawdown Comparison

The maximum GQHPX drawdown since its inception was -17.26%, smaller than the maximum GQRPX drawdown of -28.88%. Use the drawdown chart below to compare losses from any high point for GQHPX and GQRPX.

Drawdown Indicators

	GQHPX	GQRPX	Difference
Max Drawdown Largest peak-to-trough decline	-17.26%	-28.88%	+11.62%
Max Drawdown (1Y) Largest decline over 1 year	-6.50%	-7.02%	+0.52%
Max Drawdown (3Y) Largest decline over 3 years	-8.71%	-16.49%	+7.78%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.39%	—
Current Drawdown Current decline from peak	-4.61%	-5.37%	+0.76%
Average Drawdown Average peak-to-trough decline	-3.35%	-4.96%	+1.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	2.83%	-0.59%

Volatility

GQHPX vs. GQRPX - Volatility Comparison

GQG Partners US Quality Dividend Income Fund (GQHPX) has a higher volatility of 4.35% compared to GQG Partners Global Quality Equity Fund (GQRPX) at 3.47%. This indicates that GQHPX's price experiences larger fluctuations and is considered to be riskier than GQRPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GQHPX	GQRPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.35%	3.47%	+0.88%
Volatility (6M) Calculated over the trailing 6-month period	8.32%	7.34%	+0.98%
Volatility (1Y) Calculated over the trailing 1-year period	10.34%	9.44%	+0.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.70%	14.74%	-2.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.70%	17.24%	-4.54%

GQHPX vs. GQRPX - Expense Ratio Comparison

GQHPX has a 0.57% expense ratio, which is lower than GQRPX's 0.97% expense ratio.

Dividends

GQHPX vs. GQRPX - Dividend Comparison

GQHPX's dividend yield for the trailing twelve months is around 3.65%, less than GQRPX's 7.20% yield.

Position	TTM	2025	2024	2023	2022	2021
GQHPX GQG Partners US Quality Dividend Income Fund	3.65%	2.98%	3.14%	2.64%	3.24%	0.77%
GQRPX GQG Partners Global Quality Equity Fund	7.20%	7.60%	6.35%	1.22%	2.93%	1.53%

Frequently Asked Questions

Can I hold both GQHPX and GQRPX in my portfolio?

With a correlation of 0.91, GQHPX and GQRPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GQHPX or GQRPX?

GQHPX has higher volatility (4.35%) compared to GQRPX (3.47%). In terms of maximum drawdown, GQHPX dropped -17.26% vs GQRPX's -28.88%.

Which has better risk-adjusted returns?

GQHPX currently has the higher Sharpe Ratio (1.06 vs 0.59), 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.