MGIFX vs. DHIVX

Last updated Apr 2, 2026

Compare and contrast key facts about Mondrian Global Listed Infrastructure Fund (MGIFX) and Centre Global Infrastructure Fund (DHIVX).

MGIFX is managed by Mondrian. It was launched on Dec 16, 2018. DHIVX is managed by Centre Funds. It was launched on Jan 28, 2018.

Performance

MGIFX vs. DHIVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mondrian Global Listed Infrastructure Fund (MGIFX) and Centre Global Infrastructure Fund (DHIVX). The values are adjusted to include any dividend payments, if applicable.

MGIFX vs. DHIVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
MGIFX Mondrian Global Listed Infrastructure Fund	9.95%	28.20%	-0.47%	7.88%	-3.61%	11.74%	-0.69%	31.06%
DHIVX Centre Global Infrastructure Fund	11.31%	16.30%	20.25%	5.34%	-3.28%	7.51%	-7.17%	25.27%

Returns By Period

In the year-to-date period, MGIFX achieves a 9.95% return, which is significantly lower than DHIVX's 11.31% return.

MGIFX

• 1D: 1.92%
• 1M: -4.05%
• YTD: 9.95%
• 6M: 13.66%
• 1Y: 29.79%
• 3Y*: 13.04%
• 5Y*: 9.32%
• 10Y*: —

DHIVX

• 1D: 0.00%
• 1M: -2.86%
• YTD: 11.31%
• 6M: 9.54%
• 1Y: 18.45%
• 3Y*: 17.13%
• 5Y*: 9.90%
• 10Y*: —

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

MGIFX vs. DHIVX - Expense Ratio Comparison

MGIFX has a 0.95% expense ratio, which is lower than DHIVX's 1.57% expense ratio.

DHIVX

Centre Global Infrastructure Fund

MGIFX

Mondrian Global Listed Infrastructure Fund

Return for Risk

MGIFX vs. DHIVX — Risk / Return Rank

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

MGIFX

MGIFX Risk / Return Rank: 95
MGIFX Sharpe Ratio Rank: 96
MGIFX Sortino Ratio Rank: 94
MGIFX Omega Ratio Rank: 93
MGIFX Calmar Ratio Rank: 95
MGIFX Martin Ratio Rank: 95

DHIVX

DHIVX Risk / Return Rank: 83
DHIVX Sharpe Ratio Rank: 83
DHIVX Sortino Ratio Rank: 79
DHIVX Omega Ratio Rank: 80
DHIVX Calmar Ratio Rank: 88
DHIVX Martin Ratio Rank: 87

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.

MGIFX vs. DHIVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mondrian Global Listed Infrastructure Fund (MGIFX) and Centre Global Infrastructure Fund (DHIVX). 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.

	MGIFX	DHIVX	Difference
Sharpe ratio Return per unit of total volatility	2.46	1.62	+0.84
Sortino ratio Return per unit of downside risk	3.09	2.10	+1.00
Omega ratio Gain probability vs. loss probability	1.48	1.33	+0.15
Calmar ratio Return relative to maximum drawdown	3.54	2.47	+1.07
Martin ratio Return relative to average drawdown	14.31	9.58	+4.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MGIFX vs. DHIVX - Sharpe Ratio Comparison

The current MGIFX Sharpe Ratio is 2.46, which is higher than the DHIVX Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of MGIFX and DHIVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MGIFX	DHIVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.46	1.62	+0.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.81	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.57	+0.12

Correlation

The correlation between MGIFX and DHIVX is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

MGIFX vs. DHIVX - Dividend Comparison

MGIFX's dividend yield for the trailing twelve months is around 6.87%, more than DHIVX's 3.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MGIFX Mondrian Global Listed Infrastructure Fund	6.87%	7.56%	3.17%	5.41%	8.60%	7.13%	6.18%	6.74%	0.00%
DHIVX Centre Global Infrastructure Fund	3.21%	3.66%	2.54%	1.60%	1.85%	1.70%	2.43%	2.31%	2.45%

Drawdowns

MGIFX vs. DHIVX - Drawdown Comparison

The maximum MGIFX drawdown since its inception was -36.75%, roughly equal to the maximum DHIVX drawdown of -36.18%. Use the drawdown chart below to compare losses from any high point for MGIFX and DHIVX.

Drawdown Indicators

	MGIFX	DHIVX	Difference
Max Drawdown Largest peak-to-trough decline	-36.75%	-36.18%	-0.57%
Max Drawdown (1Y) Largest decline over 1 year	-8.61%	-7.73%	-0.88%
Max Drawdown (5Y) Largest decline over 5 years	-23.41%	-20.41%	-3.00%
Current Drawdown Current decline from peak	-4.54%	-3.31%	-1.23%
Average Drawdown Average peak-to-trough decline	-5.25%	-5.65%	+0.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	1.99%	+0.14%

Volatility

MGIFX vs. DHIVX - Volatility Comparison

Mondrian Global Listed Infrastructure Fund (MGIFX) has a higher volatility of 4.79% compared to Centre Global Infrastructure Fund (DHIVX) at 2.70%. This indicates that MGIFX's price experiences larger fluctuations and is considered to be riskier than DHIVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MGIFX	DHIVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.79%	2.70%	+2.09%
Volatility (6M) Calculated over the trailing 6-month period	7.80%	6.98%	+0.82%
Volatility (1Y) Calculated over the trailing 1-year period	12.54%	11.76%	+0.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.13%	12.26%	+0.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.92%	14.73%	+1.19%