HCMPX vs. GQHPX

Last updated Aug 1, 2026

HCMPX (HCM Dividend Sector Plus Fund) and GQHPX (GQG Partners US Quality Dividend Income Fund) are both mutual funds - HCMPX is a Large Cap Value Equities fund managed by Howard Capital Management, while GQHPX is a Quality Factor fund managed by GQG Partners. Over the past 5 years, HCMPX returned 11.44%/yr vs 10.77%/yr for GQHPX. Their 0.54 correlation means they have sometimes moved together and sometimes differently. HCMPX charges 2.38%/yr vs 0.57%/yr for GQHPX.

Performance

HCMPX vs. GQHPX - Performance Comparison

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

Returns By Period

In the year-to-date period, HCMPX achieves a 3.16% return, which is significantly lower than GQHPX's 13.55% return.

HCMPX

• 1D: 1.92%
• 1M: -1.49%
• 6M: 0.62%
• YTD: 3.16%
• 1Y: 17.86%
• 3Y*: 18.89%
• 5Y*: 11.44%
• 10Y*: 14.00%
• ALL TIME*: 13.45%

GQHPX

• 1D: -0.82%
• 1M: 2.68%
• 6M: 7.38%
• YTD: 13.55%
• 1Y: 16.78%
• 3Y*: 11.65%
• 5Y*: 10.77%
• 10Y*: —
• ALL TIME*: 10.80%

*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)
GQHPX GQG Partners US Quality Dividend Income Fund	$0.00	$0.00	$0.00
HCMPX HCM Dividend Sector Plus Fund	$0.00	$0.00	$0.00

HCMPX vs. GQHPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HCMPX HCM Dividend Sector Plus Fund	3.16%	15.92%	43.56%	16.87%	-22.96%	14.39%
GQHPX GQG Partners US Quality Dividend Income Fund	13.55%	7.53%	12.69%	3.94%	6.73%	10.34%

Correlation

The correlation between HCMPX and GQHPX is -0.14, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.14
Correlation (3Y) Balances recent behavior with more history.	0.36
Correlation (5Y) Shows whether the relationship held over a longer period.	0.53
Correlation (All Time) Calculated using the full available price history since Jun 30, 2021	0.54

The correlation between HCMPX and GQHPX shifts across timeframes, from -0.14 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.

Return for Risk

HCMPX vs. GQHPX — Risk / Return Rank

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

HCMPX

HCMPX Risk / Return Rank: 24
HCMPX Sharpe Ratio Rank: 21
HCMPX Sortino Ratio Rank: 20
HCMPX Omega Ratio Rank: 21
HCMPX Calmar Ratio Rank: 30
HCMPX Martin Ratio Rank: 28

GQHPX

GQHPX Risk / Return Rank: 62
GQHPX Sharpe Ratio Rank: 62
GQHPX Sortino Ratio Rank: 67
GQHPX Omega Ratio Rank: 55
GQHPX Calmar Ratio Rank: 78
GQHPX Martin Ratio Rank: 49

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.

HCMPX vs. GQHPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HCM Dividend Sector Plus Fund (HCMPX) and GQG Partners US Quality Dividend Income Fund (GQHPX). 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.

	HCMPX	GQHPX	Difference
Sharpe ratio: Return per unit of total volatility	0.77	1.49	-0.72
Sortino ratio: Return per unit of downside risk	1.12	2.28	-1.16
Omega ratio: Gain probability vs. loss probability	1.15	1.26	-0.11
Calmar ratio: Return relative to maximum drawdown	1.34	2.53	-1.19
Martin ratio: Return relative to average drawdown	4.07	6.76	-2.68

HCMPX vs. GQHPX - Sharpe Ratio Comparison

The current HCMPX Sharpe Ratio is 0.77, which is lower than the GQHPX Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of HCMPX and GQHPX, 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

HCMPX vs. GQHPX - Drawdown Comparison

The maximum HCMPX drawdown since its inception was -28.88%, which is greater than GQHPX's maximum drawdown of -17.26%. Use the drawdown chart below to compare losses from any high point for HCMPX and GQHPX.

Drawdown Indicators

	HCMPX	GQHPX	Difference
Max Drawdown Largest peak-to-trough decline	-28.88%	-17.26%	-11.62%
Max Drawdown (1Y) Largest decline over 1 year	-10.42%	-6.50%	-3.92%
Max Drawdown (3Y) Largest decline over 3 years	-18.43%	-8.71%	-9.72%
Max Drawdown (5Y) Largest decline over 5 years	-26.86%	-17.26%	-9.60%
Max Drawdown (10Y) Largest decline over 10 years	-28.88%	—	—
Current Drawdown Current decline from peak	-4.50%	-1.02%	-3.48%
Average Drawdown Average peak-to-trough decline	-7.90%	-3.34%	-4.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.42%	2.43%	+0.99%

Volatility

HCMPX vs. GQHPX - Volatility Comparison

HCM Dividend Sector Plus Fund (HCMPX) has a higher volatility of 4.83% compared to GQG Partners US Quality Dividend Income Fund (GQHPX) at 4.32%. This indicates that HCMPX's price experiences larger fluctuations and is considered to be riskier than GQHPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HCMPX	GQHPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.83%	4.32%	+0.51%
Volatility (6M) Calculated over the trailing 6-month period	12.79%	9.14%	+3.65%
Volatility (1Y) Calculated over the trailing 1-year period	18.09%	11.03%	+7.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.70%	12.74%	+6.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.11%	12.74%	+7.37%

HCMPX vs. GQHPX - Expense Ratio Comparison

HCMPX has a 2.38% expense ratio, which is higher than GQHPX's 0.57% expense ratio.

Dividends

HCMPX vs. GQHPX - Dividend Comparison

HCMPX's dividend yield for the trailing twelve months is around 0.42%, less than GQHPX's 3.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GQHPX GQG Partners US Quality Dividend Income Fund	3.66%	2.98%	3.14%	2.64%	3.24%	0.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HCMPX HCM Dividend Sector Plus Fund	0.42%	0.43%	29.52%	5.15%	8.57%	0.00%	0.00%	0.15%	12.87%	8.64%	4.18%	2.18%

Frequently Asked Questions

Can I hold both HCMPX and GQHPX in my portfolio?

HCMPX and GQHPX have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HCMPX or GQHPX?

HCMPX has higher volatility (4.83%) compared to GQHPX (4.32%). In terms of maximum drawdown, HCMPX dropped -28.88% vs GQHPX's -17.26%.

Which has better risk-adjusted returns?

GQHPX currently has the higher Sharpe Ratio (1.49 vs 0.77), 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.