QFVOX vs. USBOX

Last updated Apr 1, 2026

Compare and contrast key facts about Pear Tree Polaris Foreign Value Fund (QFVOX) and Pear Tree Quality Fund (USBOX).

QFVOX is managed by Pear Tree Funds. It was launched on May 14, 1998. USBOX is managed by Pear Tree Funds. It was launched on May 6, 1985.

Performance

QFVOX vs. USBOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pear Tree Polaris Foreign Value Fund (QFVOX) and Pear Tree Quality Fund (USBOX). The values are adjusted to include any dividend payments, if applicable.

QFVOX vs. USBOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QFVOX Pear Tree Polaris Foreign Value Fund	4.28%	33.85%	-0.70%	19.88%	-17.14%	19.44%	2.65%	17.93%	-13.28%	25.24%
USBOX Pear Tree Quality Fund	-9.51%	15.77%	17.99%	29.20%	-16.25%	16.50%	18.06%	31.18%	-1.97%	28.49%

Returns By Period

In the year-to-date period, QFVOX achieves a 4.28% return, which is significantly higher than USBOX's -9.51% return. Over the past 10 years, QFVOX has underperformed USBOX with an annualized return of 8.73%, while USBOX has yielded a comparatively higher 12.17% annualized return.

QFVOX

• 1D: -0.67%
• 1M: -10.27%
• YTD: 4.28%
• 6M: 12.58%
• 1Y: 32.52%
• 3Y*: 15.45%
• 5Y*: 8.66%
• 10Y*: 8.73%

USBOX

• 1D: -0.05%
• 1M: -10.18%
• YTD: -9.51%
• 6M: -5.85%
• 1Y: 5.61%
• 3Y*: 13.58%
• 5Y*: 7.72%
• 10Y*: 12.17%

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

QFVOX vs. USBOX - Expense Ratio Comparison

QFVOX has a 1.40% expense ratio, which is higher than USBOX's 1.16% expense ratio.

QFVOX

Pear Tree Polaris Foreign Value Fund

USBOX

Pear Tree Quality Fund

Return for Risk

QFVOX vs. USBOX — Risk / Return Rank

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

QFVOX

QFVOX Risk / Return Rank: 89
QFVOX Sharpe Ratio Rank: 92
QFVOX Sortino Ratio Rank: 89
QFVOX Omega Ratio Rank: 88
QFVOX Calmar Ratio Rank: 89
QFVOX Martin Ratio Rank: 86

USBOX

USBOX Risk / Return Rank: 14
USBOX Sharpe Ratio Rank: 15
USBOX Sortino Ratio Rank: 15
USBOX Omega Ratio Rank: 14
USBOX Calmar Ratio Rank: 11
USBOX Martin Ratio Rank: 13

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.

QFVOX vs. USBOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pear Tree Polaris Foreign Value Fund (QFVOX) and Pear Tree Quality Fund (USBOX). 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.

	QFVOX	USBOX	Difference
Sharpe ratio Return per unit of total volatility	2.01	0.39	+1.62
Sortino ratio Return per unit of downside risk	2.49	0.67	+1.82
Omega ratio Gain probability vs. loss probability	1.39	1.09	+0.30
Calmar ratio Return relative to maximum drawdown	2.40	0.28	+2.13
Martin ratio Return relative to average drawdown	9.01	1.08	+7.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QFVOX vs. USBOX - Sharpe Ratio Comparison

The current QFVOX Sharpe Ratio is 2.01, which is higher than the USBOX Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of QFVOX and USBOX, 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

	QFVOX	USBOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.01	0.39	+1.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.49	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.72	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.45	-0.07

Correlation

The correlation between QFVOX and USBOX is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

QFVOX vs. USBOX - Dividend Comparison

QFVOX's dividend yield for the trailing twelve months is around 5.42%, less than USBOX's 32.24% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QFVOX Pear Tree Polaris Foreign Value Fund	5.42%	5.66%	1.95%	1.88%	1.43%	10.11%	1.58%	1.14%	0.98%	0.60%	1.02%	1.58%
USBOX Pear Tree Quality Fund	32.24%	29.17%	8.71%	4.37%	14.55%	0.88%	7.47%	19.65%	15.43%	6.92%	6.19%	12.85%

Drawdowns

QFVOX vs. USBOX - Drawdown Comparison

The maximum QFVOX drawdown since its inception was -70.51%, which is greater than USBOX's maximum drawdown of -65.67%. Use the drawdown chart below to compare losses from any high point for QFVOX and USBOX.

Drawdown Indicators

	QFVOX	USBOX	Difference
Max Drawdown Largest peak-to-trough decline	-70.51%	-65.67%	-4.84%
Max Drawdown (1Y) Largest decline over 1 year	-11.02%	-12.76%	+1.74%
Max Drawdown (5Y) Largest decline over 5 years	-32.90%	-30.42%	-2.48%
Max Drawdown (10Y) Largest decline over 10 years	-45.52%	-30.42%	-15.10%
Current Drawdown Current decline from peak	-10.54%	-12.76%	+2.22%
Average Drawdown Average peak-to-trough decline	-15.38%	-17.17%	+1.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.21%	3.26%	-0.05%

Volatility

QFVOX vs. USBOX - Volatility Comparison

Pear Tree Polaris Foreign Value Fund (QFVOX) has a higher volatility of 7.54% compared to Pear Tree Quality Fund (USBOX) at 4.65%. This indicates that QFVOX's price experiences larger fluctuations and is considered to be riskier than USBOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QFVOX	USBOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.54%	4.65%	+2.89%
Volatility (6M) Calculated over the trailing 6-month period	10.62%	9.46%	+1.16%
Volatility (1Y) Calculated over the trailing 1-year period	15.33%	16.07%	-0.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.20%	16.02%	-0.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.71%	17.09%	-0.38%