KGIIX vs. GSINX

Last updated Aug 1, 2026

KGIIX (Kopernik International Fund) and GSINX (Goldman Sachs GQG Partners International Opportunities Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, KGIIX returned 8.94%/yr vs 9.09%/yr for GSINX. Their 0.51 correlation means they have sometimes moved together and sometimes differently. KGIIX charges 1.04%/yr vs 0.89%/yr for GSINX.

Performance

KGIIX vs. GSINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kopernik International Fund (KGIIX) and Goldman Sachs GQG Partners International Opportunities Fund (GSINX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KGIIX achieves a 5.87% return, which is significantly lower than GSINX's 8.09% return.

KGIIX

• 1D: 1.39%
• 1M: 3.46%
• 6M: -2.31%
• YTD: 5.87%
• 1Y: 25.82%
• 3Y*: 17.26%
• 5Y*: 8.94%
• 10Y*: 9.01%
• ALL TIME*: 11.44%

GSINX

• 1D: 0.62%
• 1M: 2.07%
• 6M: 4.40%
• YTD: 8.09%
• 1Y: 15.57%
• 3Y*: 15.35%
• 5Y*: 9.09%
• 10Y*: —
• ALL TIME*: 12.63%

*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)
GSINX Goldman Sachs GQG Partners International Opportunities Fund	$0.00	$0.00	$0.00
KGIIX Kopernik International Fund	$0.00	$0.00	$0.00

KGIIX vs. GSINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KGIIX Kopernik International Fund	5.87%	54.97%	-7.01%	13.86%	-14.05%	16.62%	18.94%	16.37%	-6.24%	10.50%
GSINX Goldman Sachs GQG Partners International Opportunities Fund	8.09%	20.76%	9.53%	21.93%	-11.14%	12.35%	15.64%	27.41%	-6.14%	29.66%

Correlation

The correlation between KGIIX and GSINX is 0.35, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.35
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 Jan 3, 2017	0.51

The correlation between KGIIX and GSINX shifts across timeframes, from 0.35 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

KGIIX vs. GSINX — Risk / Return Rank

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

KGIIX

KGIIX Risk / Return Rank: 66
KGIIX Sharpe Ratio Rank: 80
KGIIX Sortino Ratio Rank: 73
KGIIX Omega Ratio Rank: 76
KGIIX Calmar Ratio Rank: 64
KGIIX Martin Ratio Rank: 37

GSINX

GSINX Risk / Return Rank: 61
GSINX Sharpe Ratio Rank: 69
GSINX Sortino Ratio Rank: 65
GSINX Omega Ratio Rank: 69
GSINX Calmar Ratio Rank: 61
GSINX Martin Ratio Rank: 39

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.

KGIIX vs. GSINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kopernik International Fund (KGIIX) and Goldman Sachs GQG Partners International Opportunities Fund (GSINX). 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.

	KGIIX	GSINX	Difference
Sharpe ratio: Return per unit of total volatility	1.89	1.59	+0.30
Sortino ratio: Return per unit of downside risk	2.47	2.19	+0.29
Omega ratio: Gain probability vs. loss probability	1.34	1.29	+0.04
Calmar ratio: Return relative to maximum drawdown	2.11	2.01	+0.11
Martin ratio: Return relative to average drawdown	5.33	5.47	-0.14

KGIIX vs. GSINX - Sharpe Ratio Comparison

The current KGIIX Sharpe Ratio is 1.89, which is comparable to the GSINX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of KGIIX and GSINX, 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

KGIIX vs. GSINX - Drawdown Comparison

The maximum KGIIX drawdown since its inception was -27.81%, roughly equal to the maximum GSINX drawdown of -28.80%. Use the drawdown chart below to compare losses from any high point for KGIIX and GSINX.

Drawdown Indicators

	KGIIX	GSINX	Difference
Max Drawdown Largest peak-to-trough decline	-27.81%	-28.80%	+0.99%
Max Drawdown (1Y) Largest decline over 1 year	-11.96%	-7.80%	-4.16%
Max Drawdown (3Y) Largest decline over 3 years	-13.58%	-10.32%	-3.26%
Max Drawdown (5Y) Largest decline over 5 years	-27.81%	-25.46%	-2.35%
Max Drawdown (10Y) Largest decline over 10 years	-27.81%	—	—
Current Drawdown Current decline from peak	-7.70%	-2.18%	-5.52%
Average Drawdown Average peak-to-trough decline	-6.16%	-4.84%	-1.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.73%	2.85%	+1.88%

Volatility

KGIIX vs. GSINX - Volatility Comparison

Kopernik International Fund (KGIIX) has a higher volatility of 2.95% compared to Goldman Sachs GQG Partners International Opportunities Fund (GSINX) at 2.72%. This indicates that KGIIX's price experiences larger fluctuations and is considered to be riskier than GSINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KGIIX	GSINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.95%	2.72%	+0.23%
Volatility (6M) Calculated over the trailing 6-month period	10.51%	8.18%	+2.33%
Volatility (1Y) Calculated over the trailing 1-year period	13.35%	9.87%	+3.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.27%	14.26%	-0.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.66%	15.61%	-2.95%

KGIIX vs. GSINX - Expense Ratio Comparison

KGIIX has a 1.04% expense ratio, which is higher than GSINX's 0.89% expense ratio.

Dividends

KGIIX vs. GSINX - Dividend Comparison

KGIIX's dividend yield for the trailing twelve months is around 13.47%, more than GSINX's 4.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
GSINX Goldman Sachs GQG Partners International Opportunities Fund	4.65%	5.03%	11.11%	2.27%	4.79%	2.13%	0.08%	0.57%	0.43%	0.12%	0.00%
KGIIX Kopernik International Fund	13.47%	14.26%	0.48%	12.56%	2.46%	5.77%	2.89%	2.50%	1.19%	1.35%	0.33%

Frequently Asked Questions

Can I hold both KGIIX and GSINX in my portfolio?

KGIIX and GSINX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KGIIX or GSINX?

KGIIX has higher volatility (2.95%) compared to GSINX (2.72%). In terms of maximum drawdown, KGIIX dropped -27.81% vs GSINX's -28.80%.

Which has better risk-adjusted returns?

KGIIX currently has the higher Sharpe Ratio (1.89 vs 1.59), 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.