GQRIX vs. RSP
Compare and contrast key facts about GQG Partners Global Quality Equity Fund Institutional Shares (GQRIX) and Invesco S&P 500 Equal Weight ETF (RSP).
GQRIX is managed by GQG Partners Inc. It was launched on Mar 29, 2019. RSP is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Index. It was launched on Apr 24, 2003.
Performance
GQRIX vs. RSP - Performance Comparison
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GQRIX vs. RSP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
GQRIX GQG Partners Global Quality Equity Fund Institutional Shares | 7.87% | 0.91% | 20.18% | 19.79% | -3.64% | 17.13% | 14.75% | 12.84% |
RSP Invesco S&P 500 Equal Weight ETF | 0.94% | 11.21% | 12.79% | 13.70% | -11.62% | 29.41% | 12.66% | 12.29% |
Returns By Period
In the year-to-date period, GQRIX achieves a 7.87% return, which is significantly higher than RSP's 0.94% return.
GQRIX
- 1D
- 0.11%
- 1M
- -2.69%
- YTD
- 7.87%
- 6M
- 7.23%
- 1Y
- 7.92%
- 3Y*
- 17.11%
- 5Y*
- 11.55%
- 10Y*
- —
RSP
- 1D
- 0.32%
- 1M
- -5.49%
- YTD
- 0.94%
- 6M
- 2.11%
- 1Y
- 12.90%
- 3Y*
- 11.84%
- 5Y*
- 7.88%
- 10Y*
- 11.21%
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GQRIX vs. RSP - Expense Ratio Comparison
GQRIX has a 0.75% expense ratio, which is higher than RSP's 0.20% expense ratio.
Return for Risk
GQRIX vs. RSP — Risk / Return Rank
GQRIX
RSP
GQRIX vs. RSP - 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 Invesco S&P 500 Equal Weight ETF (RSP). 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.
| GQRIX | RSP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.68 | 0.75 | -0.07 |
Sortino ratioReturn per unit of downside risk | 0.97 | 1.17 | -0.21 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.17 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.97 | 1.04 | -0.07 |
Martin ratioReturn relative to average drawdown | 3.48 | 4.64 | -1.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GQRIX | RSP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.68 | 0.75 | -0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.49 | +0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.55 | +0.18 |
Correlation
The correlation between GQRIX and RSP is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
GQRIX vs. RSP - Dividend Comparison
GQRIX's dividend yield for the trailing twelve months is around 7.36%, more than RSP's 1.62% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQRIX GQG Partners Global Quality Equity Fund Institutional Shares | 7.36% | 7.94% | 6.46% | 1.39% | 2.99% | 1.65% | 0.11% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% |
RSP Invesco S&P 500 Equal Weight ETF | 1.62% | 1.64% | 1.52% | 1.64% | 1.82% | 1.28% | 1.64% | 1.69% | 2.02% | 1.52% | 1.20% | 1.70% |
Drawdowns
GQRIX vs. RSP - Drawdown Comparison
The maximum GQRIX drawdown since its inception was -28.86%, smaller than the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for GQRIX and RSP.
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Drawdown Indicators
| GQRIX | RSP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.86% | -59.92% | +31.06% |
Max Drawdown (1Y)Largest decline over 1 year | -8.80% | -12.54% | +3.74% |
Max Drawdown (5Y)Largest decline over 5 years | -20.29% | -21.38% | +1.09% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.04% | — |
Current DrawdownCurrent decline from peak | -3.35% | -5.66% | +2.31% |
Average DrawdownAverage peak-to-trough decline | -4.94% | -6.69% | +1.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 2.80% | -0.27% |
Volatility
GQRIX vs. RSP - Volatility Comparison
The current volatility for GQG Partners Global Quality Equity Fund Institutional Shares (GQRIX) is 3.09%, while Invesco S&P 500 Equal Weight ETF (RSP) has a volatility of 4.40%. This indicates that GQRIX experiences smaller price fluctuations and is considered to be less risky than RSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GQRIX | RSP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.09% | 4.40% | -1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 6.73% | 8.84% | -2.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.89% | 17.16% | -5.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.69% | 16.20% | -1.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.40% | 18.36% | -0.96% |