MLVHX vs. GQEIX
MLVHX (MFS Low Volatility Equity Fund) and GQEIX (GQG Partners US Select Quality Equity Fund) are both mutual funds - MLVHX is a Low Volatility fund managed by MFS, while GQEIX is a Quality Factor fund actively managed by GQG Partners. Over the past 5 years, MLVHX returned 7.30%/yr vs 9.28%/yr for GQEIX. Their 0.71 correlation means they have sometimes moved together and sometimes differently. MLVHX charges 0.67%/yr vs 0.49%/yr for GQEIX.
Performance
MLVHX vs. GQEIX - Performance Comparison
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Returns By Period
In the year-to-date period, MLVHX achieves a 6.72% return, which is significantly higher than GQEIX's 5.88% return.
MLVHX
- 1D
- -0.74%
- 1M
- 1.07%
- 6M
- 4.42%
- YTD
- 6.72%
- 1Y
- 12.87%
- 3Y*
- 11.61%
- 5Y*
- 7.30%
- 10Y*
- 10.57%
- ALL TIME*
- 10.63%
GQEIX
- 1D
- 0.28%
- 1M
- 0.33%
- 6M
- 2.02%
- YTD
- 5.88%
- 1Y
- 6.47%
- 3Y*
- 11.58%
- 5Y*
- 9.28%
- 10Y*
- —
- ALL TIME*
- 13.11%
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 |
MLVHX vs. GQEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MLVHX MFS Low Volatility Equity Fund | 6.72% | 9.96% | 13.91% | 12.40% | -10.84% | 25.42% | 11.63% | 27.17% | -7.43% |
GQEIX GQG Partners US Select Quality Equity Fund | 5.88% | -4.31% | 29.20% | 17.77% | -2.69% | 19.88% | 23.88% | 27.34% | -7.65% |
Correlation
The correlation between MLVHX and GQEIX is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.52 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.63 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 2018 | 0.71 |
Over the past year, the correlation between MLVHX and GQEIX has dropped to 0.39 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.
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Return for Risk
MLVHX vs. GQEIX — Risk / Return Rank
MLVHX
GQEIX
MLVHX vs. GQEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Low Volatility Equity Fund (MLVHX) and GQG Partners US Select Quality Equity Fund (GQEIX). 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.
| MLVHX | GQEIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.11 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.39 | 0.74 | +0.65 |
| Martin ratioReturn relative to average drawdown | 4.33 | 1.68 | +2.65 |
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Drawdowns
MLVHX vs. GQEIX - Drawdown Comparison
The maximum MLVHX drawdown since its inception was -34.14%, which is greater than GQEIX's maximum drawdown of -28.48%. Use the drawdown chart below to compare losses from any high point for MLVHX and GQEIX.
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Drawdown Indicators
| MLVHX | GQEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.14% | -28.48% | -5.66% |
Max Drawdown (1Y)Largest decline over 1 year | -8.30% | -8.45% | +0.15% |
Max Drawdown (3Y)Largest decline over 3 years | -20.92% | -18.92% | -2.00% |
Max Drawdown (5Y)Largest decline over 5 years | -20.92% | -20.44% | -0.48% |
Max Drawdown (10Y)Largest decline over 10 years | -34.14% | — | — |
Current DrawdownCurrent decline from peak | -1.21% | -9.45% | +8.24% |
Average DrawdownAverage peak-to-trough decline | -3.87% | -5.83% | +1.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.66% | 3.70% | -1.04% |
Volatility
MLVHX vs. GQEIX - Volatility Comparison
MFS Low Volatility Equity Fund (MLVHX) has a higher volatility of 3.22% compared to GQG Partners US Select Quality Equity Fund (GQEIX) at 2.70%. This indicates that MLVHX's price experiences larger fluctuations and is considered to be riskier than GQEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MLVHX | GQEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.22% | 2.70% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 7.44% | 8.37% | -0.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.71% | 10.61% | -0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.26% | 15.90% | -0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.22% | 18.64% | -2.42% |
MLVHX vs. GQEIX - Expense Ratio Comparison
MLVHX has a 0.67% expense ratio, which is higher than GQEIX's 0.49% expense ratio.
Dividends
MLVHX vs. GQEIX - Dividend Comparison
MLVHX's dividend yield for the trailing twelve months is around 14.37%, more than GQEIX's 6.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQEIX GQG Partners US Select Quality Equity Fund | 6.97% | 7.38% | 5.41% | 0.63% | 4.50% | 1.50% | 0.67% | 0.65% | 0.12% | 0.00% | 0.00% | 0.00% |
MLVHX MFS Low Volatility Equity Fund | 14.37% | 15.40% | 13.51% | 6.47% | 13.00% | 5.33% | 1.25% | 1.17% | 4.99% | 2.23% | 1.19% | 1.90% |
Frequently Asked Questions
MLVHX and GQEIX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MLVHX has higher volatility (3.22%) compared to GQEIX (2.70%). In terms of maximum drawdown, MLVHX dropped -34.14% vs GQEIX's -28.48%.
MLVHX currently has the higher Sharpe Ratio (1.19 vs 0.59), 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.
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