PIGDX vs. GSINX
PIGDX (Federated Hermes International Growth Fund) and GSINX (Goldman Sachs GQG Partners International Opportunities Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, PIGDX returned -24.69%/yr vs 9.09%/yr for GSINX. Their 0.78 correlation means they have sometimes moved together and sometimes differently. PIGDX charges 0.84%/yr vs 0.89%/yr for GSINX.
Performance
PIGDX vs. GSINX - Performance Comparison
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Returns By Period
In the year-to-date period, PIGDX achieves a 10.51% return, which is significantly higher than GSINX's 8.09% return.
PIGDX
- 1D
- 3.11%
- 1M
- -4.65%
- 6M
- 0.23%
- YTD
- 10.51%
- 1Y
- -73.43%
- 3Y*
- -31.63%
- 5Y*
- -24.69%
- 10Y*
- —
- ALL TIME*
- -5.31%
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%
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 |
PIGDX vs. GSINX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PIGDX Federated Hermes International Growth Fund | 10.51% | -72.44% | 6.47% | 8.80% | -29.43% | 6.85% | 43.18% | 26.99% | -13.33% | 41.55% |
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 PIGDX and GSINX is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.58 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.69 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.78 |
Over the past year, the correlation between PIGDX and GSINX has dropped to 0.20 - well below their long-term average of 0.78, suggesting their price drivers have been diverging.
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Return for Risk
PIGDX vs. GSINX — Risk / Return Rank
PIGDX
GSINX
PIGDX vs. GSINX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes International Growth Fund (PIGDX) 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.
| PIGDX | GSINX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.52 | ||
| Sortino ratioReturn per unit of downside risk | -3.03 | ||
| Omega ratioGain probability vs. loss probability | 0.64 | 1.29 | -0.65 |
| Calmar ratioReturn relative to maximum drawdown | -0.97 | 2.01 | -2.98 |
| Martin ratioReturn relative to average drawdown | -1.28 | 5.47 | -6.75 |
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Drawdowns
PIGDX vs. GSINX - Drawdown Comparison
The maximum PIGDX drawdown since its inception was -79.94%, which is greater than GSINX's maximum drawdown of -28.80%. Use the drawdown chart below to compare losses from any high point for PIGDX and GSINX.
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Drawdown Indicators
| PIGDX | GSINX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.94% | -28.80% | -51.14% |
Max Drawdown (1Y)Largest decline over 1 year | -78.87% | -7.80% | -71.07% |
Max Drawdown (3Y)Largest decline over 3 years | -78.87% | -10.32% | -68.55% |
Max Drawdown (5Y)Largest decline over 5 years | -79.94% | -25.46% | -54.48% |
Current DrawdownCurrent decline from peak | -77.31% | -2.18% | -75.13% |
Average DrawdownAverage peak-to-trough decline | -18.06% | -4.84% | -13.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 57.49% | 2.85% | +54.64% |
Volatility
PIGDX vs. GSINX - Volatility Comparison
Federated Hermes International Growth Fund (PIGDX) has a higher volatility of 6.88% compared to Goldman Sachs GQG Partners International Opportunities Fund (GSINX) at 2.72%. This indicates that PIGDX'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.
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Volatility by Period
| PIGDX | GSINX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.88% | 2.72% | +4.16% |
Volatility (6M)Calculated over the trailing 6-month period | 16.97% | 8.18% | +8.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 82.30% | 9.87% | +72.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.27% | 14.26% | +25.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.87% | 15.61% | +15.26% |
PIGDX vs. GSINX - Expense Ratio Comparison
PIGDX has a 0.84% expense ratio, which is lower than GSINX's 0.89% expense ratio.
Dividends
PIGDX vs. GSINX - Dividend Comparison
PIGDX has not paid dividends to shareholders, while GSINX's dividend yield for the trailing twelve months is around 4.65%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
PIGDX Federated Hermes International Growth Fund | 0.00% | 0.00% | 1.98% | 1.24% | 2.03% | 3.98% | 4.51% | 4.64% | 16.19% | 1.26% |
Frequently Asked Questions
PIGDX and GSINX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PIGDX has higher volatility (6.88%) compared to GSINX (2.72%). In terms of maximum drawdown, PIGDX dropped -79.94% vs GSINX's -28.80%.
GSINX currently has the higher Sharpe Ratio (1.59 vs -0.93), 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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