SGISX vs. EQIIX

Last updated Aug 1, 2026

SGISX (Crossmark Steward Global Equity Income Fund) and EQIIX (Allspring Emerging Markets Equity Income Fund) are both Dividend funds. Over the past 10 years, SGISX returned 11.16%/yr vs 7.93%/yr for EQIIX. Their 0.62 correlation means they have sometimes moved together and sometimes differently. SGISX charges 0.99%/yr vs 1.22%/yr for EQIIX.

Performance

SGISX vs. EQIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Crossmark Steward Global Equity Income Fund (SGISX) and Allspring Emerging Markets Equity Income Fund (EQIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SGISX achieves a 12.19% return, which is significantly lower than EQIIX's 17.89% return. Over the past 10 years, SGISX has outperformed EQIIX with an annualized return of 11.16%, while EQIIX has yielded a comparatively lower 7.93% annualized return.

SGISX

• 1D: 0.96%
• 1M: 2.92%
• 6M: 9.80%
• YTD: 12.19%
• 1Y: 24.95%
• 3Y*: 16.39%
• 5Y*: 9.71%
• 10Y*: 11.16%
• ALL TIME*: 11.09%

EQIIX

• 1D: 4.01%
• 1M: -3.66%
• 6M: 7.18%
• YTD: 17.89%
• 1Y: 36.57%
• 3Y*: 18.98%
• 5Y*: 8.87%
• 10Y*: 7.93%
• ALL TIME*: 7.09%

*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)
EQIIX Allspring Emerging Markets Equity Income Fund	$0.00	$0.00	$0.00
SGISX Crossmark Steward Global Equity Income Fund	$0.00	$0.00	$0.00

SGISX vs. EQIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SGISX Crossmark Steward Global Equity Income Fund	12.19%	21.79%	9.34%	15.60%	-11.27%	19.46%	8.55%	24.76%	-7.78%	22.36%
EQIIX Allspring Emerging Markets Equity Income Fund	17.89%	28.19%	10.95%	12.25%	-17.91%	3.12%	7.70%	16.90%	-11.38%	24.97%

Correlation

The correlation between SGISX and EQIIX is 0.45, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.45
Correlation (3Y) Balances recent behavior with more history.	0.50
Correlation (5Y) Shows whether the relationship held over a longer period.	0.58
Correlation (10Y) Provides a long-term view across more market conditions.	0.60
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012	0.62

The correlation between SGISX and EQIIX shifts across timeframes, from 0.45 (1 year) to 0.62 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SGISX vs. EQIIX — Risk / Return Rank

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

SGISX

SGISX Risk / Return Rank: 72
SGISX Sharpe Ratio Rank: 71
SGISX Sortino Ratio Rank: 68
SGISX Omega Ratio Rank: 67
SGISX Calmar Ratio Rank: 81
SGISX Martin Ratio Rank: 74

EQIIX

EQIIX Risk / Return Rank: 63
EQIIX Sharpe Ratio Rank: 67
EQIIX Sortino Ratio Rank: 58
EQIIX Omega Ratio Rank: 67
EQIIX Calmar Ratio Rank: 73
EQIIX Martin Ratio Rank: 52

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.

SGISX vs. EQIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Crossmark Steward Global Equity Income Fund (SGISX) and Allspring Emerging Markets Equity Income Fund (EQIIX). 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.

	SGISX	EQIIX	Difference
Sharpe ratio: Return per unit of total volatility	1.66	1.61	+0.05
Sortino ratio: Return per unit of downside risk	2.32	2.11	+0.21
Omega ratio: Gain probability vs. loss probability	1.30	1.30	0.00
Calmar ratio: Return relative to maximum drawdown	2.71	2.40	+0.31
Martin ratio: Return relative to average drawdown	9.02	7.17	+1.84

SGISX vs. EQIIX - Sharpe Ratio Comparison

The current SGISX Sharpe Ratio is 1.66, which is comparable to the EQIIX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of SGISX and EQIIX, 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

SGISX vs. EQIIX - Drawdown Comparison

The maximum SGISX drawdown since its inception was -35.59%, smaller than the maximum EQIIX drawdown of -38.13%. Use the drawdown chart below to compare losses from any high point for SGISX and EQIIX.

Drawdown Indicators

	SGISX	EQIIX	Difference
Max Drawdown Largest peak-to-trough decline	-35.59%	-38.13%	+2.54%
Max Drawdown (1Y) Largest decline over 1 year	-8.16%	-13.94%	+5.78%
Max Drawdown (3Y) Largest decline over 3 years	-14.71%	-17.64%	+2.93%
Max Drawdown (5Y) Largest decline over 5 years	-21.76%	-29.25%	+7.49%
Max Drawdown (10Y) Largest decline over 10 years	-35.59%	-38.13%	+2.54%
Current Drawdown Current decline from peak	-1.77%	-10.48%	+8.71%
Average Drawdown Average peak-to-trough decline	-3.75%	-10.15%	+6.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.45%	4.66%	-2.21%

Volatility

SGISX vs. EQIIX - Volatility Comparison

The current volatility for Crossmark Steward Global Equity Income Fund (SGISX) is 3.39%, while Allspring Emerging Markets Equity Income Fund (EQIIX) has a volatility of 8.35%. This indicates that SGISX experiences smaller price fluctuations and is considered to be less risky than EQIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SGISX	EQIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.39%	8.35%	-4.96%
Volatility (6M) Calculated over the trailing 6-month period	10.47%	18.59%	-8.12%
Volatility (1Y) Calculated over the trailing 1-year period	13.33%	20.78%	-7.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.10%	16.24%	-1.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.65%	16.65%	0.00%

SGISX vs. EQIIX - Expense Ratio Comparison

SGISX has a 0.99% expense ratio, which is lower than EQIIX's 1.22% expense ratio.

Dividends

SGISX vs. EQIIX - Dividend Comparison

SGISX's dividend yield for the trailing twelve months is around 5.82%, more than EQIIX's 2.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQIIX Allspring Emerging Markets Equity Income Fund	2.28%	2.58%	2.08%	2.53%	2.70%	2.92%	1.79%	2.46%	2.87%	1.80%	2.77%	2.38%
SGISX Crossmark Steward Global Equity Income Fund	5.82%	6.35%	5.08%	2.67%	8.68%	16.69%	2.43%	7.94%	10.59%	7.58%	6.99%	8.32%

Frequently Asked Questions

Can I hold both SGISX and EQIIX in my portfolio?

SGISX and EQIIX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SGISX or EQIIX?

EQIIX has higher volatility (8.35%) compared to SGISX (3.39%). In terms of maximum drawdown, SGISX dropped -35.59% vs EQIIX's -38.13%.

Which has better risk-adjusted returns?

SGISX currently has the higher Sharpe Ratio (1.66 vs 1.61), 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.