MPGVX vs. MGIFX

Last updated Jun 24, 2026

MPGVX (Mondrian Global Equity Value Fund) and MGIFX (Mondrian Global Listed Infrastructure Fund) are both mutual funds - MPGVX is a Global Equities fund managed by Mondrian, while MGIFX is a Energy Equities fund managed by Mondrian. A 0.73 correlation means they provide meaningful diversification when combined. MPGVX charges 0.74%/yr vs 0.95%/yr for MGIFX.

Performance

MPGVX vs. MGIFX - Performance Comparison

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

Returns By Period

MPGVX

• 1D: -0.48%
• 1M: -0.89%
• YTD: 2.96%
• 6M: 2.94%
• 1Y: 16.94%
• 3Y*: 14.73%
• 5Y*: 8.50%
• 10Y*: —

MGIFX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MPGVX vs. MGIFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MPGVX Mondrian Global Equity Value Fund	2.96%	28.63%	2.87%	22.43%	-9.49%	10.90%	18.10%
MGIFX Mondrian Global Listed Infrastructure Fund	13.34%	28.20%	-0.47%	7.88%	-3.61%	11.74%	14.67%

Correlation

The correlation between MPGVX and MGIFX is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jun 30, 2020	0.73

The correlation between MPGVX and MGIFX shifts across timeframes, from 0.62 (1 year) to 0.73 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MPGVX vs. MGIFX — Risk / Return Rank

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

MPGVX

MPGVX Risk / Return Rank: 29
MPGVX Sharpe Ratio Rank: 31
MPGVX Sortino Ratio Rank: 30
MPGVX Omega Ratio Rank: 30
MPGVX Calmar Ratio Rank: 24
MPGVX Martin Ratio Rank: 29

MGIFX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

MPGVX vs. MGIFX - Risk-Adjusted Trends Comparison

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

	MPGVX	MGIFX	Difference
Sharpe ratio: Return per unit of total volatility	1.47	—	—
Sortino ratio: Return per unit of downside risk	2.11	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	1.68	—	—
Martin ratio: Return relative to average drawdown	6.27	—	—

Drawdowns

Drawdown Indicators

	MPGVX	MGIFX	Difference
Max Drawdown Largest peak-to-trough decline	-22.83%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.43%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.33%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.83%	—	—
Current Drawdown Current decline from peak	-3.30%	—	—
Average Drawdown Average peak-to-trough decline	-4.10%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	—	—

Volatility

Volatility by Period

	MPGVX	MGIFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.85%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.43%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.93%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.74%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.49%	—	—

MPGVX vs. MGIFX - Expense Ratio Comparison

MPGVX has a 0.74% expense ratio, which is lower than MGIFX's 0.95% expense ratio.

Dividends

MPGVX vs. MGIFX - Dividend Comparison

MPGVX's dividend yield for the trailing twelve months is around 8.14%, less than MGIFX's 49.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
MGIFX Mondrian Global Listed Infrastructure Fund	49.24%	7.56%	3.17%	5.41%	8.60%	7.13%	6.18%	6.74%
MPGVX Mondrian Global Equity Value Fund	8.14%	8.38%	1.53%	1.80%	2.53%	1.54%	1.61%	0.00%

Frequently Asked Questions

Can I hold both MPGVX and MGIFX in my portfolio?

MPGVX and MGIFX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.