GQJPX vs. BCIIX

Last updated Aug 4, 2026

GQJPX (GQG Partners International Quality Dividend Income Fund) and BCIIX (Brown Capital Management International Equity Fund) are both mutual funds - GQJPX is a Quality Factor fund managed by GQG Partners, while BCIIX is a Foreign Large Cap Equities fund managed by Brown Capital Management. Their 0.52 correlation means they have sometimes moved together and sometimes differently. GQJPX charges 0.91%/yr vs 1.25%/yr for BCIIX.

Performance

GQJPX vs. BCIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GQG Partners International Quality Dividend Income Fund (GQJPX) and Brown Capital Management International Equity Fund (BCIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GQJPX

• 1D: -0.31%
• 1M: 4.98%
• 6M: 4.52%
• YTD: 10.50%
• 1Y: 20.10%
• 3Y*: 16.70%
• 5Y*: 9.67%
• 10Y*: —
• ALL TIME*: 9.44%

BCIIX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GQJPX GQG Partners International Quality Dividend Income Fund	$0.00	$0.00	$0.00

GQJPX vs. BCIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GQJPX GQG Partners International Quality Dividend Income Fund	10.50%	24.88%	7.39%	18.06%	-10.50%	1.05%
BCIIX Brown Capital Management International Equity Fund	-13.18%	-0.24%	-0.83%	28.36%	-31.37%	1.18%

Correlation

The correlation between GQJPX and BCIIX is 0.31, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.31
Correlation (3Y) Balances recent behavior with more history.	0.50
Correlation (5Y) Shows whether the relationship held over a longer period.	0.52
Correlation (All Time) Calculated using the full available price history since Jun 30, 2021	0.52

Over the past year, the correlation between GQJPX and BCIIX has dropped to 0.31 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.

Return for Risk

GQJPX vs. BCIIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GQJPX

GQJPX Risk / Return Rank: 68
GQJPX Sharpe Ratio Rank: 80
GQJPX Sortino Ratio Rank: 76
GQJPX Omega Ratio Rank: 76
GQJPX Calmar Ratio Rank: 70
GQJPX Martin Ratio Rank: 38

BCIIX

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GQJPX vs. BCIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GQG Partners International Quality Dividend Income Fund (GQJPX) and Brown Capital Management International Equity Fund (BCIIX). 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.

	GQJPX	BCIIX	Difference
Sharpe ratio: Return per unit of total volatility	1.95	—	—
Sortino ratio: Return per unit of downside risk	2.70	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	2.39	—	—
Martin ratio: Return relative to average drawdown	5.95	—	—

Drawdowns

Drawdown Indicators

	GQJPX	BCIIX	Difference
Max Drawdown Largest peak-to-trough decline	-21.83%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.56%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-9.45%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.83%	—	—
Current Drawdown Current decline from peak	-1.37%	—	—
Average Drawdown Average peak-to-trough decline	-5.50%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.43%	—	—

Volatility

Volatility by Period

	GQJPX	BCIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.65%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.53%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.84%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.89%	—	—

GQJPX vs. BCIIX - Expense Ratio Comparison

GQJPX has a 0.91% expense ratio, which is lower than BCIIX's 1.25% expense ratio.

Dividends

GQJPX vs. BCIIX - Dividend Comparison

GQJPX's dividend yield for the trailing twelve months is around 3.80%, while BCIIX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BCIIX Brown Capital Management International Equity Fund	0.00%	0.00%	0.00%	0.00%	1.18%	0.64%	2.99%	0.62%	0.80%	0.77%	1.84%	0.31%
GQJPX GQG Partners International Quality Dividend Income Fund	3.80%	3.22%	3.35%	4.50%	5.59%	1.75%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GQJPX and BCIIX in my portfolio?

GQJPX and BCIIX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.