SGENX vs. PGVFX
SGENX (First Eagle Global Fund Class A) and PGVFX (Polaris Global Value Fund) are both Global Equities funds. Over the past 10 years, SGENX returned 10.11%/yr vs 11.80%/yr for PGVFX. Their correlation of 0.82 suggests significant overlap in exposure. SGENX charges 1.11%/yr vs 0.99%/yr for PGVFX.
Performance
SGENX vs. PGVFX - Performance Comparison
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Returns By Period
In the year-to-date period, SGENX achieves a 4.80% return, which is significantly lower than PGVFX's 21.22% return. Over the past 10 years, SGENX has underperformed PGVFX with an annualized return of 10.11%, while PGVFX has yielded a comparatively higher 11.80% annualized return.
SGENX
- 1D
- -0.72%
- 1M
- -2.28%
- YTD
- 4.80%
- 6M
- 4.14%
- 1Y
- 21.98%
- 3Y*
- 17.40%
- 5Y*
- 10.64%
- 10Y*
- 10.11%
PGVFX
- 1D
- 0.67%
- 1M
- 2.47%
- YTD
- 21.22%
- 6M
- 21.44%
- 1Y
- 40.62%
- 3Y*
- 22.15%
- 5Y*
- 10.54%
- 10Y*
- 11.80%
SGENX vs. PGVFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SGENX First Eagle Global Fund Class A | 4.80% | 31.62% | 11.78% | 12.77% | -6.46% | 12.20% | 8.33% | 20.16% | -8.46% | 13.48% |
PGVFX Polaris Global Value Fund | 21.22% | 27.01% | 5.33% | 14.76% | -12.00% | 15.38% | 6.65% | 22.83% | -12.64% | 20.60% |
Correlation
The correlation between SGENX and PGVFX is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since May 29, 1998 | 0.82 |
The correlation between SGENX and PGVFX shifts across timeframes, from 0.67 (1 year) to 0.83 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
SGENX vs. PGVFX — Risk / Return Rank
SGENX
PGVFX
SGENX vs. PGVFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Eagle Global Fund Class A (SGENX) and Polaris Global Value Fund (PGVFX). 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.
| SGENX | PGVFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.42 | ||
| Sortino ratioReturn per unit of downside risk | -2.04 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.63 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 2.14 | 4.68 | -2.54 |
| Martin ratioReturn relative to average drawdown | 7.14 | 16.84 | -9.70 |
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Drawdowns
SGENX vs. PGVFX - Drawdown Comparison
The maximum SGENX drawdown since its inception was -37.60%, smaller than the maximum PGVFX drawdown of -68.09%. Use the drawdown chart below to compare losses from any high point for SGENX and PGVFX.
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Drawdown Indicators
| SGENX | PGVFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.60% | -68.09% | +30.49% |
Max Drawdown (1Y)Largest decline over 1 year | -10.53% | -8.76% | -1.77% |
Max Drawdown (3Y)Largest decline over 3 years | -10.53% | -12.53% | +2.00% |
Max Drawdown (5Y)Largest decline over 5 years | -19.57% | -27.58% | +8.01% |
Max Drawdown (10Y)Largest decline over 10 years | -27.68% | -41.26% | +13.58% |
Current DrawdownCurrent decline from peak | -5.64% | 0.00% | -5.64% |
Average DrawdownAverage peak-to-trough decline | -3.42% | -11.28% | +7.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 2.43% | +0.72% |
Volatility
SGENX vs. PGVFX - Volatility Comparison
The current volatility for First Eagle Global Fund Class A (SGENX) is 3.88%, while Polaris Global Value Fund (PGVFX) has a volatility of 4.22%. This indicates that SGENX experiences smaller price fluctuations and is considered to be less risky than PGVFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SGENX | PGVFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.88% | 4.22% | -0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 9.76% | 10.16% | -0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.70% | 12.27% | -0.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.03% | 13.86% | -1.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.54% | 15.86% | -3.32% |
SGENX vs. PGVFX - Expense Ratio Comparison
SGENX has a 1.11% expense ratio, which is higher than PGVFX's 0.99% expense ratio.
Dividends
SGENX vs. PGVFX - Dividend Comparison
SGENX's dividend yield for the trailing twelve months is around 9.02%, more than PGVFX's 4.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGVFX Polaris Global Value Fund | 4.27% | 5.17% | 5.65% | 1.68% | 3.55% | 4.05% | 1.55% | 3.69% | 3.39% | 1.50% | 1.32% | 1.26% |
SGENX First Eagle Global Fund Class A | 9.02% | 9.45% | 5.46% | 3.52% | 4.17% | 6.27% | 2.38% | 5.48% | 6.35% | 4.23% | 4.72% | 1.16% |
Frequently Asked Questions
SGENX and PGVFX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PGVFX has higher volatility (4.22%) compared to SGENX (3.88%). In terms of maximum drawdown, SGENX dropped -37.60% vs PGVFX's -68.09%.
PGVFX currently has the higher Sharpe Ratio (3.35 vs 1.93), 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.
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