GQRIX vs. MEGI

Last updated Jun 26, 2026

GQRIX (GQG Partners Global Quality Equity Fund Institutional Shares) and MEGI (NYLI CBRE Global Infrastructure Megatrends Term Fund) are both Global Equities funds. Over the past 3 years, GQRIX returned 13.06%/yr vs 15.84%/yr for MEGI. At a 0.43 correlation, their price movements are largely independent. GQRIX charges 0.75%/yr vs 0.02%/yr for MEGI.

Performance

GQRIX vs. MEGI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GQG Partners Global Quality Equity Fund Institutional Shares (GQRIX) and NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GQRIX achieves a 5.63% return, which is significantly lower than MEGI's 15.81% return.

GQRIX

• 1D: -0.05%
• 1M: -2.39%
• YTD: 5.63%
• 6M: 5.65%
• 1Y: 6.47%
• 3Y*: 13.06%
• 5Y*: 8.99%
• 10Y*: —

MEGI

• 1D: 0.33%
• 1M: -0.86%
• YTD: 15.81%
• 6M: 15.65%
• 1Y: 19.25%
• 3Y*: 15.84%
• 5Y*: —
• 10Y*: —

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

GQRIX vs. MEGI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GQRIX GQG Partners Global Quality Equity Fund Institutional Shares	5.63%	0.91%	20.18%	19.79%	-3.64%	-2.04%
MEGI NYLI CBRE Global Infrastructure Megatrends Term Fund	15.81%	26.19%	5.19%	5.52%	-23.32%	-3.50%

Correlation

The correlation between GQRIX and MEGI is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (All Time) Calculated using the full available price history since Oct 27, 2021	0.43

Return for Risk

GQRIX vs. MEGI — Risk / Return Rank

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

GQRIX

GQRIX Risk / Return Rank: 9
GQRIX Sharpe Ratio Rank: 9
GQRIX Sortino Ratio Rank: 9
GQRIX Omega Ratio Rank: 8
GQRIX Calmar Ratio Rank: 10
GQRIX Martin Ratio Rank: 9

MEGI

MEGI Risk / Return Rank: 32
MEGI Sharpe Ratio Rank: 33
MEGI Sortino Ratio Rank: 33
MEGI Omega Ratio Rank: 32
MEGI Calmar Ratio Rank: 38
MEGI Martin Ratio Rank: 25

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.

GQRIX vs. MEGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GQG Partners Global Quality Equity Fund Institutional Shares (GQRIX) and NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI). 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.

	GQRIX	MEGI	Difference
Sharpe ratio: Return per unit of total volatility	0.57	1.39	-0.82
Sortino ratio: Return per unit of downside risk	0.87	2.02	-1.15
Omega ratio: Gain probability vs. loss probability	1.10	1.25	-0.15
Calmar ratio: Return relative to maximum drawdown	0.77	2.03	-1.27
Martin ratio: Return relative to average drawdown	1.90	5.00	-3.10

GQRIX vs. MEGI - Sharpe Ratio Comparison

The current GQRIX Sharpe Ratio is 0.57, which is lower than the MEGI Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of GQRIX and MEGI, 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

GQRIX vs. MEGI - Drawdown Comparison

The maximum GQRIX drawdown since its inception was -28.86%, smaller than the maximum MEGI drawdown of -39.48%. Use the drawdown chart below to compare losses from any high point for GQRIX and MEGI.

Drawdown Indicators

	GQRIX	MEGI	Difference
Max Drawdown Largest peak-to-trough decline	-28.86%	-39.48%	+10.62%
Max Drawdown (1Y) Largest decline over 1 year	-7.00%	-9.52%	+2.52%
Max Drawdown (3Y) Largest decline over 3 years	-16.47%	-22.53%	+6.06%
Max Drawdown (5Y) Largest decline over 5 years	-20.29%	—	—
Current Drawdown Current decline from peak	-5.35%	-1.04%	-4.31%
Average Drawdown Average peak-to-trough decline	-4.90%	-14.48%	+9.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.82%	3.86%	-1.04%

Volatility

GQRIX vs. MEGI - Volatility Comparison

GQG Partners Global Quality Equity Fund Institutional Shares (GQRIX) has a higher volatility of 3.45% compared to NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) at 3.24%. This indicates that GQRIX's price experiences larger fluctuations and is considered to be riskier than MEGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GQRIX	MEGI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.45%	3.24%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	7.32%	10.13%	-2.81%
Volatility (1Y) Calculated over the trailing 1-year period	9.36%	13.90%	-4.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.72%	19.76%	-5.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.23%	19.76%	-2.53%

GQRIX vs. MEGI - Expense Ratio Comparison

GQRIX has a 0.75% expense ratio, which is higher than MEGI's 0.02% expense ratio.

Dividends

GQRIX vs. MEGI - Dividend Comparison

GQRIX's dividend yield for the trailing twelve months is around 7.52%, less than MEGI's 9.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
GQRIX GQG Partners Global Quality Equity Fund Institutional Shares	7.52%	7.94%	6.46%	1.39%	2.99%	1.65%	0.11%	0.04%
MEGI NYLI CBRE Global Infrastructure Megatrends Term Fund	9.90%	10.90%	12.33%	10.66%	9.52%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GQRIX and MEGI in my portfolio?

GQRIX and MEGI have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GQRIX or MEGI?

GQRIX has higher volatility (3.45%) compared to MEGI (3.24%). In terms of maximum drawdown, GQRIX dropped -28.86% vs MEGI's -39.48%.

Which has better risk-adjusted returns?

MEGI currently has the higher Sharpe Ratio (1.39 vs 0.57), 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.