SDVGX vs. GQEIX

Last updated Aug 4, 2026

SDVGX (SIT Dividend Growth Fund) and GQEIX (GQG Partners US Select Quality Equity Fund) are both mutual funds - SDVGX is a Large Cap Blend Equities fund managed by Sit, while GQEIX is a Quality Factor fund actively managed by GQG Partners. Over the past 5 years, SDVGX returned 10.87%/yr vs 9.49%/yr for GQEIX. Their 0.73 correlation means they have sometimes moved together and sometimes differently. SDVGX charges 0.70%/yr vs 0.49%/yr for GQEIX.

Performance

SDVGX vs. GQEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SIT Dividend Growth Fund (SDVGX) 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, SDVGX achieves a 9.28% return, which is significantly higher than GQEIX's 6.87% return.

SDVGX

• 1D: 0.22%
• 1M: 0.94%
• 6M: 6.51%
• YTD: 9.28%
• 1Y: 19.84%
• 3Y*: 16.70%
• 5Y*: 10.87%
• 10Y*: 12.31%
• ALL TIME*: 10.54%

GQEIX

• 1D: 0.94%
• 1M: 1.27%
• 6M: 3.27%
• YTD: 6.87%
• 1Y: 7.47%
• 3Y*: 12.04%
• 5Y*: 9.49%
• 10Y*: —
• ALL TIME*: 13.24%

*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
SDVGX SIT Dividend Growth Fund	$0.00	$0.00	$0.00

SDVGX vs. GQEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SDVGX SIT Dividend Growth Fund	9.28%	18.73%	18.22%	14.89%	-12.17%	27.87%	7.79%	29.18%	-13.01%
GQEIX GQG Partners US Select Quality Equity Fund	6.87%	-4.31%	29.20%	17.77%	-2.69%	19.88%	23.88%	27.34%	-7.65%

Correlation

The correlation between SDVGX and GQEIX is 0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.03
Correlation (3Y) Balances recent behavior with more history.	0.53
Correlation (5Y) Shows whether the relationship held over a longer period.	0.65
Correlation (All Time) Calculated using the full available price history since Oct 4, 2018	0.73

Over the past year, the correlation between SDVGX and GQEIX has dropped to 0.03 - well below their long-term average of 0.73, suggesting their price drivers have been diverging.

Return for Risk

SDVGX vs. GQEIX — Risk / Return Rank

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

SDVGX

SDVGX Risk / Return Rank: 71
SDVGX Sharpe Ratio Rank: 72
SDVGX Sortino Ratio Rank: 68
SDVGX Omega Ratio Rank: 68
SDVGX Calmar Ratio Rank: 66
SDVGX Martin Ratio Rank: 81

GQEIX

GQEIX Risk / Return Rank: 15
GQEIX Sharpe Ratio Rank: 16
GQEIX Sortino Ratio Rank: 16
GQEIX Omega Ratio Rank: 15
GQEIX Calmar Ratio Rank: 16
GQEIX Martin Ratio Rank: 13

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.

SDVGX vs. GQEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SIT Dividend Growth Fund (SDVGX) 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.

	SDVGX	GQEIX	Difference
Sharpe ratio: Return per unit of total volatility	1.75	0.67	+1.08
Sortino ratio: Return per unit of downside risk	2.43	1.04	+1.39
Omega ratio: Gain probability vs. loss probability	1.31	1.12	+0.19
Calmar ratio: Return relative to maximum drawdown	2.32	0.85	+1.47
Martin ratio: Return relative to average drawdown	10.42	1.92	+8.50

SDVGX vs. GQEIX - Sharpe Ratio Comparison

The current SDVGX Sharpe Ratio is 1.75, which is higher than the GQEIX Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of SDVGX 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

SDVGX vs. GQEIX - Drawdown Comparison

The maximum SDVGX drawdown since its inception was -45.52%, which is greater than GQEIX's maximum drawdown of -28.48%. Use the drawdown chart below to compare losses from any high point for SDVGX and GQEIX.

Drawdown Indicators

	SDVGX	GQEIX	Difference
Max Drawdown Largest peak-to-trough decline	-45.52%	-28.48%	-17.04%
Max Drawdown (1Y) Largest decline over 1 year	-7.92%	-8.45%	+0.53%
Max Drawdown (3Y) Largest decline over 3 years	-16.13%	-18.92%	+2.79%
Max Drawdown (5Y) Largest decline over 5 years	-21.13%	-20.44%	-0.69%
Max Drawdown (10Y) Largest decline over 10 years	-35.01%	—	—
Current Drawdown Current decline from peak	0.00%	-8.60%	+8.60%
Average Drawdown Average peak-to-trough decline	-4.99%	-5.83%	+0.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.76%	3.71%	-1.95%

Volatility

SDVGX vs. GQEIX - Volatility Comparison

SIT Dividend Growth Fund (SDVGX) and GQG Partners US Select Quality Equity Fund (GQEIX) have volatilities of 2.93% and 2.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDVGX	GQEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.93%	2.82%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	8.08%	8.42%	-0.34%
Volatility (1Y) Calculated over the trailing 1-year period	10.52%	10.65%	-0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.08%	15.90%	-0.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.15%	18.64%	-1.49%

SDVGX vs. GQEIX - Expense Ratio Comparison

SDVGX has a 0.70% expense ratio, which is higher than GQEIX's 0.49% expense ratio.

Dividends

SDVGX vs. GQEIX - Dividend Comparison

SDVGX's dividend yield for the trailing twelve months is around 9.26%, more than GQEIX's 6.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GQEIX GQG Partners US Select Quality Equity Fund	6.90%	7.38%	5.41%	0.63%	4.50%	1.50%	0.67%	0.65%	0.12%	0.00%	0.00%	0.00%
SDVGX SIT Dividend Growth Fund	9.26%	10.10%	12.47%	4.66%	12.01%	12.29%	1.42%	12.85%	25.20%	11.49%	8.32%	13.23%

Frequently Asked Questions

Can I hold both SDVGX and GQEIX in my portfolio?

SDVGX and GQEIX have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SDVGX or GQEIX?

SDVGX has higher volatility (2.93%) compared to GQEIX (2.82%). In terms of maximum drawdown, SDVGX dropped -45.52% vs GQEIX's -28.48%.

Which has better risk-adjusted returns?

SDVGX currently has the higher Sharpe Ratio (1.75 vs 0.67), 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.