IGMIX vs. GQRPX

Last updated Jun 24, 2026

IGMIX (VY Invesco Oppenheimer Global Portfolio) and GQRPX (GQG Partners Global Quality Equity Fund) are both Global Equities funds. Over the past 5 years, IGMIX returned 6.72%/yr vs 8.73%/yr for GQRPX. A 0.68 correlation means they provide meaningful diversification when combined. IGMIX charges 0.80%/yr vs 0.97%/yr for GQRPX.

Performance

IGMIX vs. GQRPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VY Invesco Oppenheimer Global Portfolio (IGMIX) and GQG Partners Global Quality Equity Fund (GQRPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IGMIX achieves a 10.46% return, which is significantly higher than GQRPX's 4.15% return.

IGMIX

• 1D: 0.30%
• 1M: 2.55%
• YTD: 10.46%
• 6M: 8.65%
• 1Y: 29.35%
• 3Y*: 17.02%
• 5Y*: 6.72%
• 10Y*: 13.11%

GQRPX

• 1D: 0.44%
• 1M: -4.54%
• YTD: 4.15%
• 6M: 4.38%
• 1Y: 4.12%
• 3Y*: 12.36%
• 5Y*: 8.73%
• 10Y*: —

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

IGMIX vs. GQRPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IGMIX VY Invesco Oppenheimer Global Portfolio	10.46%	24.34%	6.81%	32.60%	-31.74%	15.39%	27.76%	13.27%
GQRPX GQG Partners Global Quality Equity Fund	4.15%	0.67%	19.98%	19.56%	-3.77%	16.94%	14.55%	12.70%

Correlation

The correlation between IGMIX and GQRPX is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (All Time) Calculated using the full available price history since Mar 29, 2019	0.68

The correlation between IGMIX and GQRPX shifts across timeframes, from -0.00 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.

Return for Risk

IGMIX vs. GQRPX — Risk / Return Rank

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

IGMIX

IGMIX Risk / Return Rank: 50
IGMIX Sharpe Ratio Rank: 45
IGMIX Sortino Ratio Rank: 40
IGMIX Omega Ratio Rank: 40
IGMIX Calmar Ratio Rank: 64
IGMIX Martin Ratio Rank: 60

GQRPX

GQRPX Risk / Return Rank: 7
GQRPX Sharpe Ratio Rank: 7
GQRPX Sortino Ratio Rank: 7
GQRPX Omega Ratio Rank: 6
GQRPX Calmar Ratio Rank: 8
GQRPX Martin Ratio Rank: 7

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.

IGMIX vs. GQRPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VY Invesco Oppenheimer Global Portfolio (IGMIX) and GQG Partners Global Quality Equity Fund (GQRPX). 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.

	IGMIX	GQRPX	Difference
Sharpe ratio: Return per unit of total volatility	1.83	0.54	+1.29
Sortino ratio: Return per unit of downside risk	2.46	0.82	+1.64
Omega ratio: Gain probability vs. loss probability	1.32	1.10	+0.22
Calmar ratio: Return relative to maximum drawdown	2.93	0.72	+2.21
Martin ratio: Return relative to average drawdown	11.19	1.79	+9.40

IGMIX vs. GQRPX - Sharpe Ratio Comparison

The current IGMIX Sharpe Ratio is 1.83, which is higher than the GQRPX Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of IGMIX and GQRPX, 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

IGMIX vs. GQRPX - Drawdown Comparison

The maximum IGMIX drawdown since its inception was -54.68%, which is greater than GQRPX's maximum drawdown of -28.88%. Use the drawdown chart below to compare losses from any high point for IGMIX and GQRPX.

Drawdown Indicators

	IGMIX	GQRPX	Difference
Max Drawdown Largest peak-to-trough decline	-54.68%	-28.88%	-25.80%
Max Drawdown (1Y) Largest decline over 1 year	-11.33%	-7.02%	-4.31%
Max Drawdown (3Y) Largest decline over 3 years	-26.93%	-16.49%	-10.44%
Max Drawdown (5Y) Largest decline over 5 years	-41.51%	-20.39%	-21.12%
Max Drawdown (10Y) Largest decline over 10 years	-41.51%	—	—
Current Drawdown Current decline from peak	-0.79%	-6.61%	+5.82%
Average Drawdown Average peak-to-trough decline	-13.87%	-4.96%	-8.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	2.81%	+0.02%

Volatility

IGMIX vs. GQRPX - Volatility Comparison

VY Invesco Oppenheimer Global Portfolio (IGMIX) has a higher volatility of 7.40% compared to GQG Partners Global Quality Equity Fund (GQRPX) at 3.12%. This indicates that IGMIX's price experiences larger fluctuations and is considered to be riskier than GQRPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGMIX	GQRPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.40%	3.12%	+4.28%
Volatility (6M) Calculated over the trailing 6-month period	14.79%	7.24%	+7.55%
Volatility (1Y) Calculated over the trailing 1-year period	18.20%	9.37%	+8.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.32%	14.72%	+8.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.92%	17.24%	+4.68%

IGMIX vs. GQRPX - Expense Ratio Comparison

IGMIX has a 0.80% expense ratio, which is lower than GQRPX's 0.97% expense ratio.

Dividends

IGMIX vs. GQRPX - Dividend Comparison

IGMIX's dividend yield for the trailing twelve months is around 23.79%, more than GQRPX's 7.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GQRPX GQG Partners Global Quality Equity Fund	7.30%	7.60%	6.35%	1.22%	2.93%	1.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IGMIX VY Invesco Oppenheimer Global Portfolio	23.79%	7.32%	101.91%	11.19%	19.30%	4.38%	3.99%	18.95%	10.27%	1.11%	8.51%	9.89%

Frequently Asked Questions

Can I hold both IGMIX and GQRPX in my portfolio?

IGMIX and GQRPX have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IGMIX or GQRPX?

IGMIX has higher volatility (7.40%) compared to GQRPX (3.12%). In terms of maximum drawdown, IGMIX dropped -54.68% vs GQRPX's -28.88%.

Which has better risk-adjusted returns?

IGMIX currently has the higher Sharpe Ratio (1.83 vs 0.54), 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.