GSAGX vs. WCQGX
GSAGX (Goldman Sachs China Equity Fund) and WCQGX (WCM China Quality Growth Fund) are both mutual funds - GSAGX is a China Equities fund managed by Goldman Sachs, while WCQGX is a Quality Factor fund managed by WCM. Over the past 5 years, GSAGX returned -5.14%/yr vs -8.50%/yr for WCQGX. Their correlation of 0.87 means they have usually moved in the same direction. GSAGX charges 1.47%/yr vs 1.50%/yr for WCQGX.
Performance
GSAGX vs. WCQGX - Performance Comparison
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Returns By Period
In the year-to-date period, GSAGX achieves a -0.82% return, which is significantly higher than WCQGX's -5.32% return.
GSAGX
- 1D
- 0.24%
- 1M
- -0.63%
- 6M
- -5.02%
- YTD
- -0.82%
- 1Y
- 13.64%
- 3Y*
- 8.01%
- 5Y*
- -5.14%
- 10Y*
- 4.53%
- ALL TIME*
- 3.18%
WCQGX
- 1D
- 1.42%
- 1M
- -13.94%
- 6M
- -9.92%
- YTD
- -5.32%
- 1Y
- 0.03%
- 3Y*
- -1.07%
- 5Y*
- -8.50%
- 10Y*
- —
- ALL TIME*
- 1.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
GSAGX vs. WCQGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GSAGX Goldman Sachs China Equity Fund | -0.82% | 32.36% | 13.00% | -18.78% | -30.71% | -14.26% | 68.19% |
WCQGX WCM China Quality Growth Fund | -5.32% | 20.97% | -3.03% | -18.49% | -26.70% | 4.03% | 64.08% |
Correlation
The correlation between GSAGX and WCQGX is 0.83, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.83 |
Correlation (3Y) Balances recent behavior with more history. | 0.85 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2020 | 0.87 |
The correlation between GSAGX and WCQGX has been stable across timeframes, ranging from 0.83 to 0.87 - a consistent structural relationship.
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Return for Risk
GSAGX vs. WCQGX — Risk / Return Rank
GSAGX
WCQGX
GSAGX vs. WCQGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs China Equity Fund (GSAGX) and WCM China Quality Growth Fund (WCQGX). 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.
| GSAGX | WCQGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.69 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.01 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.96 | -0.09 | +1.06 |
| Martin ratioReturn relative to average drawdown | 2.18 | -0.26 | +2.44 |
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Drawdowns
GSAGX vs. WCQGX - Drawdown Comparison
The maximum GSAGX drawdown since its inception was -70.73%, which is greater than WCQGX's maximum drawdown of -59.28%. Use the drawdown chart below to compare losses from any high point for GSAGX and WCQGX.
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Drawdown Indicators
| GSAGX | WCQGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.73% | -59.28% | -11.45% |
Max Drawdown (1Y)Largest decline over 1 year | -12.65% | -22.31% | +9.66% |
Max Drawdown (3Y)Largest decline over 3 years | -23.39% | -27.02% | +3.63% |
Max Drawdown (5Y)Largest decline over 5 years | -54.82% | -53.96% | -0.86% |
Max Drawdown (10Y)Largest decline over 10 years | -63.98% | — | — |
Current DrawdownCurrent decline from peak | -40.44% | -45.45% | +5.01% |
Average DrawdownAverage peak-to-trough decline | -28.65% | -34.38% | +5.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.59% | 7.99% | -2.40% |
Volatility
GSAGX vs. WCQGX - Volatility Comparison
The current volatility for Goldman Sachs China Equity Fund (GSAGX) is 7.37%, while WCM China Quality Growth Fund (WCQGX) has a volatility of 14.65%. This indicates that GSAGX experiences smaller price fluctuations and is considered to be less risky than WCQGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSAGX | WCQGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.37% | 14.65% | -7.28% |
Volatility (6M)Calculated over the trailing 6-month period | 15.41% | 24.64% | -9.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.98% | 28.68% | -8.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.28% | 24.80% | +0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.80% | 24.82% | -2.02% |
GSAGX vs. WCQGX - Expense Ratio Comparison
GSAGX has a 1.47% expense ratio, which is lower than WCQGX's 1.50% expense ratio.
Dividends
GSAGX vs. WCQGX - Dividend Comparison
GSAGX's dividend yield for the trailing twelve months is around 1.35%, less than WCQGX's 7.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
GSAGX Goldman Sachs China Equity Fund | 1.35% | 1.34% | 1.40% | 0.89% | 0.00% | 6.78% | 5.02% | 0.57% | 6.92% | 1.35% |
WCQGX WCM China Quality Growth Fund | 7.04% | 6.67% | 2.02% | 0.82% | 0.28% | 8.54% | 2.38% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GSAGX and WCQGX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WCQGX has higher volatility (14.65%) compared to GSAGX (7.37%). In terms of maximum drawdown, GSAGX dropped -70.73% vs WCQGX's -59.28%.
GSAGX currently has the higher Sharpe Ratio (0.61 vs -0.07), 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.
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