REDWX vs. GQEIX

Last updated Jun 4, 2026

REDWX (Aspiration Redwood Fund) and GQEIX (GQG Partners US Select Quality Equity Fund) are both Large Cap Blend Equities funds. Over the past 5 years, REDWX returned 8.73%/yr vs 10.87%/yr for GQEIX. A 0.67 correlation means they provide meaningful diversification when combined. REDWX charges 2.50%/yr vs 0.49%/yr for GQEIX.

Performance

REDWX vs. GQEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aspiration Redwood Fund (REDWX) and GQG Partners US Select Quality Equity Fund (GQEIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, REDWX achieves a 8.62% return, which is significantly higher than GQEIX's 7.72% return.

REDWX

• 1D: -0.36%
• 1M: 6.69%
• YTD: 8.62%
• 6M: 9.47%
• 1Y: 22.84%
• 3Y*: 15.99%
• 5Y*: 8.73%
• 10Y*: 13.38%

GQEIX

• 1D: -0.46%
• 1M: -0.69%
• YTD: 7.72%
• 6M: 8.37%
• 1Y: 6.34%
• 3Y*: 14.00%
• 5Y*: 10.87%
• 10Y*: —

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

REDWX vs. GQEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
REDWX Aspiration Redwood Fund	8.62%	18.06%	7.91%	23.24%	-20.30%	26.83%	15.89%	37.29%	-15.22%
GQEIX GQG Partners US Select Quality Equity Fund	7.72%	-4.31%	29.20%	17.77%	-2.69%	19.88%	23.88%	27.34%	-7.65%

Correlation

The correlation between REDWX and GQEIX is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Oct 5, 2018	0.67

The correlation between REDWX and GQEIX shifts across timeframes, from -0.06 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.

Return for Risk

REDWX vs. GQEIX — Risk / Return Rank

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

REDWX

REDWX Risk / Return Rank: 35
REDWX Sharpe Ratio Rank: 43
REDWX Sortino Ratio Rank: 42
REDWX Omega Ratio Rank: 39
REDWX Calmar Ratio Rank: 23
REDWX Martin Ratio Rank: 29

GQEIX

GQEIX Risk / Return Rank: 7
GQEIX Sharpe Ratio Rank: 7
GQEIX Sortino Ratio Rank: 7
GQEIX Omega Ratio Rank: 7
GQEIX Calmar Ratio Rank: 9
GQEIX Martin Ratio Rank: 7

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.

REDWX vs. GQEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aspiration Redwood Fund (REDWX) 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.

	REDWX	GQEIX	Difference
Sharpe ratio: Return per unit of total volatility	1.92	0.60	+1.33
Sortino ratio: Return per unit of downside risk	2.74	0.93	+1.82
Omega ratio: Gain probability vs. loss probability	1.33	1.10	+0.23
Calmar ratio: Return relative to maximum drawdown	1.81	0.89	+0.91
Martin ratio: Return relative to average drawdown	6.83	2.02	+4.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

REDWX vs. GQEIX - Sharpe Ratio Comparison

The current REDWX Sharpe Ratio is 1.92, which is higher than the GQEIX Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of REDWX and GQEIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	REDWX	GQEIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	0.60	+1.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.69	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.73	-0.08

Drawdowns

REDWX vs. GQEIX - Drawdown Comparison

The maximum REDWX drawdown since its inception was -41.09%, which is greater than GQEIX's maximum drawdown of -28.48%. Use the drawdown chart below to compare losses from any high point for REDWX and GQEIX.

Drawdown Indicators

	REDWX	GQEIX	Difference
Max Drawdown Largest peak-to-trough decline	-41.09%	-28.48%	-12.61%
Max Drawdown (1Y) Largest decline over 1 year	-13.47%	-6.73%	-6.74%
Max Drawdown (3Y) Largest decline over 3 years	-18.23%	-18.92%	+0.69%
Max Drawdown (5Y) Largest decline over 5 years	-26.04%	-20.44%	-5.60%
Max Drawdown (10Y) Largest decline over 10 years	-41.09%	—	—
Current Drawdown Current decline from peak	-0.36%	-7.88%	+7.52%
Average Drawdown Average peak-to-trough decline	-5.58%	-5.75%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.55%	2.98%	+0.57%

Volatility

REDWX vs. GQEIX - Volatility Comparison

The current volatility for Aspiration Redwood Fund (REDWX) is 3.34%, while GQG Partners US Select Quality Equity Fund (GQEIX) has a volatility of 3.52%. This indicates that REDWX experiences smaller price fluctuations and is considered to be less risky than GQEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REDWX	GQEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	3.52%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	9.69%	7.69%	+2.00%
Volatility (1Y) Calculated over the trailing 1-year period	12.66%	10.10%	+2.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.90%	15.87%	+2.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.37%	18.75%	+1.62%

REDWX vs. GQEIX - Expense Ratio Comparison

REDWX has a 2.50% expense ratio, which is higher than GQEIX's 0.49% expense ratio.

Dividends

REDWX vs. GQEIX - Dividend Comparison

REDWX's dividend yield for the trailing twelve months is around 11.59%, more than GQEIX's 6.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
GQEIX GQG Partners US Select Quality Equity Fund	6.85%	7.38%	5.41%	0.63%	4.50%	1.50%	0.67%	0.65%	0.12%	0.00%	0.00%
REDWX Aspiration Redwood Fund	11.59%	12.59%	7.55%	0.44%	2.40%	9.99%	0.00%	9.08%	9.75%	4.66%	5.17%

Frequently Asked Questions

Can I hold both REDWX and GQEIX in my portfolio?

REDWX and GQEIX have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REDWX or GQEIX?

GQEIX has higher volatility (3.52%) compared to REDWX (3.34%). In terms of maximum drawdown, REDWX dropped -41.09% vs GQEIX's -28.48%.

Which has better risk-adjusted returns?

REDWX currently has the higher Sharpe Ratio (1.92 vs 0.60), 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.