QMGYX vs. DCINX

Last updated Jul 18, 2026

QMGYX (Invesco Advantage International Fund) and DCINX (Dunham International Stock Fund) are both Foreign Large Cap Equities funds. Their correlation of 0.88 suggests significant overlap in exposure. QMGYX charges 0.64%/yr vs 2.92%/yr for DCINX.

Performance

QMGYX vs. DCINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Advantage International Fund (QMGYX) and Dunham International Stock Fund (DCINX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QMGYX

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

DCINX

• 1D: -1.12%
• 1M: -3.92%
• 6M: 14.51%
• YTD: 21.35%
• 1Y: 41.46%
• 3Y*: 25.91%
• 5Y*: 13.79%
• 10Y*: 12.17%

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

QMGYX vs. DCINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QMGYX Invesco Advantage International Fund	14.38%	32.08%	5.74%	4.14%	-11.26%	6.82%	12.06%	21.53%	-13.00%	19.20%
DCINX Dunham International Stock Fund	21.35%	46.37%	7.65%	15.98%	-14.67%	9.70%	19.86%	18.14%	-14.27%	24.40%

Correlation

The correlation between QMGYX and DCINX is 0.74, 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	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.88

The correlation between QMGYX and DCINX shifts across timeframes, from 0.74 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.

Return for Risk

QMGYX vs. DCINX — Risk / Return Rank

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

QMGYX

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

DCINX

DCINX Risk / Return Rank: 84
DCINX Sharpe Ratio Rank: 86
DCINX Sortino Ratio Rank: 79
DCINX Omega Ratio Rank: 81
DCINX Calmar Ratio Rank: 87
DCINX Martin Ratio Rank: 88

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.

QMGYX vs. DCINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Advantage International Fund (QMGYX) and Dunham International Stock Fund (DCINX). 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.

	QMGYX	DCINX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.38	—
Sortino ratio: Return per unit of downside risk	—	3.04	—
Omega ratio: Gain probability vs. loss probability	—	1.42	—
Calmar ratio: Return relative to maximum drawdown	—	3.55	—
Martin ratio: Return relative to average drawdown	—	13.40	—

Drawdowns

Drawdown Indicators

	QMGYX	DCINX	Difference
Max Drawdown Largest peak-to-trough decline	—	-61.79%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.91%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.74%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-31.18%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.28%	—
Current Drawdown Current decline from peak	—	-4.54%	—
Average Drawdown Average peak-to-trough decline	—	-12.79%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.15%	—

Volatility

Volatility by Period

	QMGYX	DCINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	17.79%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	15.80%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	16.49%	—

QMGYX vs. DCINX - Expense Ratio Comparison

QMGYX has a 0.64% expense ratio, which is lower than DCINX's 2.92% expense ratio.

Dividends

QMGYX vs. DCINX - Dividend Comparison

QMGYX's dividend yield for the trailing twelve months is around 49.36%, more than DCINX's 9.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DCINX Dunham International Stock Fund	9.02%	10.95%	13.87%	3.45%	3.53%	15.49%	1.36%	1.54%	6.92%	3.92%	0.00%
QMGYX Invesco Advantage International Fund	49.36%	3.29%	4.68%	5.46%	0.00%	13.85%	0.07%	1.07%	6.12%	2.36%	5.03%

Frequently Asked Questions

Can I hold both QMGYX and DCINX in my portfolio?

QMGYX and DCINX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.