REDWX vs. GQEIX

Last updated Aug 5, 2026

REDWX (GreenFi Redwood Fund) and GQEIX (GQG Partners US Select Quality Equity Fund) are both mutual funds - REDWX is a Large Cap Blend Equities fund managed by GreenFi, while GQEIX is a Quality Factor fund actively managed by GQG Partners. Over the past 5 years, REDWX returned 8.50%/yr vs 9.75%/yr for GQEIX. Their 0.66 correlation means they have sometimes moved together and sometimes differently. 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 GreenFi 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 10.04% return, which is significantly higher than GQEIX's 8.17% return.

REDWX

• 1D: 1.84%
• 1M: 2.59%
• 6M: 11.88%
• YTD: 10.04%
• 1Y: 18.14%
• 3Y*: 14.70%
• 5Y*: 8.50%
• 10Y*: 12.83%
• ALL TIME*: 13.15%

GQEIX

• 1D: 1.21%
• 1M: 2.50%
• 6M: 3.33%
• YTD: 8.17%
• 1Y: 7.86%
• 3Y*: 13.41%
• 5Y*: 9.75%
• 10Y*: —
• ALL TIME*: 13.40%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GQEIX GQG Partners US Select Quality Equity Fund	$0.00	$0.00	$0.00
REDWX GreenFi Redwood Fund	$0.00	$0.00	$0.00

REDWX vs. GQEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
REDWX GreenFi Redwood Fund	10.04%	18.06%	7.91%	23.24%	-20.30%	26.83%	15.89%	37.29%	-16.22%
GQEIX GQG Partners US Select Quality Equity Fund	8.17%	-4.31%	29.20%	17.77%	-2.69%	19.88%	23.88%	27.34%	-7.65%

Correlation

The correlation between REDWX and GQEIX is -0.10, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.10
Correlation (3Y) Balances recent behavior with more history.	0.47
Correlation (5Y) Shows whether the relationship held over a longer period.	0.60
Correlation (All Time) Calculated using the full available price history since Oct 4, 2018	0.66

The correlation between REDWX and GQEIX shifts across timeframes, from -0.10 (1 year) to 0.66 (all time), reflecting how their relationship changes across market environments.

Return for Risk

REDWX vs. GQEIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

REDWX

REDWX Risk / Return Rank: 37
REDWX Sharpe Ratio Rank: 44
REDWX Sortino Ratio Rank: 44
REDWX Omega Ratio Rank: 38
REDWX Calmar Ratio Rank: 29
REDWX Martin Ratio Rank: 33

GQEIX

GQEIX Risk / Return Rank: 19
GQEIX Sharpe Ratio Rank: 21
GQEIX Sortino Ratio Rank: 21
GQEIX Omega Ratio Rank: 19
GQEIX Calmar Ratio Rank: 21
GQEIX Martin Ratio Rank: 16

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

REDWX vs. GQEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GreenFi 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.

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.

	REDWX	GQEIX	Difference
Sharpe ratio: Return per unit of total volatility	1.47	0.82	+0.65
Sortino ratio: Return per unit of downside risk	2.10	1.25	+0.85
Omega ratio: Gain probability vs. loss probability	1.25	1.14	+0.11
Calmar ratio: Return relative to maximum drawdown	1.49	1.04	+0.45
Martin ratio: Return relative to average drawdown	5.40	2.36	+3.04

REDWX vs. GQEIX - Sharpe Ratio Comparison

The current REDWX Sharpe Ratio is 1.47, which is higher than the GQEIX Sharpe Ratio of 0.82. 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.

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%	-8.45%	-5.02%
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	0.00%	-7.50%	+7.50%
Average Drawdown Average peak-to-trough decline	-5.53%	-5.83%	+0.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.70%	3.72%	-0.02%

Volatility

REDWX vs. GQEIX - Volatility Comparison

GreenFi Redwood Fund (REDWX) has a higher volatility of 4.05% compared to GQG Partners US Select Quality Equity Fund (GQEIX) at 2.56%. This indicates that REDWX's price experiences larger fluctuations and is considered to be riskier 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	4.05%	2.56%	+1.49%
Volatility (6M) Calculated over the trailing 6-month period	10.91%	8.43%	+2.48%
Volatility (1Y) Calculated over the trailing 1-year period	13.67%	10.73%	+2.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.04%	15.91%	+2.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.34%	18.64%	+1.70%

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 11.44%, more than GQEIX's 6.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
GQEIX GQG Partners US Select Quality Equity Fund	6.82%	7.38%	5.41%	0.63%	4.50%	1.50%	0.67%	0.65%	0.12%	0.00%	0.00%
REDWX GreenFi Redwood Fund	11.44%	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 -0.10, 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?

REDWX has higher volatility (4.05%) compared to GQEIX (2.56%). 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 (1.47 vs 0.82), 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.