SGOIX vs. QFVOX

Last updated Aug 4, 2026

SGOIX (First Eagle Overseas Fund Class I) and QFVOX (Pear Tree Polaris Foreign Value Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, SGOIX returned 8.35%/yr vs 10.51%/yr for QFVOX. Their 0.70 correlation means they have sometimes moved together and sometimes differently. SGOIX charges 0.88%/yr vs 1.40%/yr for QFVOX.

Performance

SGOIX vs. QFVOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Eagle Overseas Fund Class I (SGOIX) and Pear Tree Polaris Foreign Value Fund (QFVOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SGOIX achieves a 11.27% return, which is significantly lower than QFVOX's 21.28% return. Over the past 10 years, SGOIX has underperformed QFVOX with an annualized return of 8.35%, while QFVOX has yielded a comparatively higher 10.51% annualized return.

SGOIX

• 1D: -0.77%
• 1M: 3.29%
• 6M: 4.81%
• YTD: 11.27%
• 1Y: 29.00%
• 3Y*: 18.83%
• 5Y*: 10.84%
• 10Y*: 8.35%
• ALL TIME*: 10.10%

QFVOX

• 1D: 1.71%
• 1M: 3.79%
• 6M: 13.92%
• YTD: 21.28%
• 1Y: 39.79%
• 3Y*: 19.09%
• 5Y*: 11.83%
• 10Y*: 10.51%
• ALL TIME*: 7.27%

*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)
QFVOX Pear Tree Polaris Foreign Value Fund	$0.00	$0.00	$0.00
SGOIX First Eagle Overseas Fund Class I	$0.00	$0.00	$0.00

SGOIX vs. QFVOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SGOIX First Eagle Overseas Fund Class I	11.27%	39.06%	6.45%	10.73%	-7.86%	5.25%	7.25%	17.90%	-9.95%	14.38%
QFVOX Pear Tree Polaris Foreign Value Fund	21.28%	33.85%	-0.70%	19.88%	-17.14%	19.44%	2.65%	17.93%	-13.28%	25.24%

Correlation

The correlation between SGOIX and QFVOX is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.56
Correlation (3Y) Balances recent behavior with more history.	0.62
Correlation (5Y) Shows whether the relationship held over a longer period.	0.68
Correlation (10Y) Provides a long-term view across more market conditions.	0.68
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999	0.70

The correlation between SGOIX and QFVOX shifts across timeframes, from 0.56 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SGOIX vs. QFVOX — Risk / Return Rank

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

SGOIX

SGOIX Risk / Return Rank: 77
SGOIX Sharpe Ratio Rank: 90
SGOIX Sortino Ratio Rank: 83
SGOIX Omega Ratio Rank: 84
SGOIX Calmar Ratio Rank: 77
SGOIX Martin Ratio Rank: 51

QFVOX

QFVOX Risk / Return Rank: 91
QFVOX Sharpe Ratio Rank: 94
QFVOX Sortino Ratio Rank: 91
QFVOX Omega Ratio Rank: 89
QFVOX Calmar Ratio Rank: 90
QFVOX Martin Ratio Rank: 89

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.

SGOIX vs. QFVOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Eagle Overseas Fund Class I (SGOIX) and Pear Tree Polaris Foreign Value Fund (QFVOX). 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.

	SGOIX	QFVOX	Difference
Sharpe ratio: Return per unit of total volatility	2.28	2.52	-0.24
Sortino ratio: Return per unit of downside risk	3.00	3.44	-0.44
Omega ratio: Gain probability vs. loss probability	1.42	1.47	-0.05
Calmar ratio: Return relative to maximum drawdown	2.60	3.54	-0.94
Martin ratio: Return relative to average drawdown	7.55	12.57	-5.02

SGOIX vs. QFVOX - Sharpe Ratio Comparison

The current SGOIX Sharpe Ratio is 2.28, which is comparable to the QFVOX Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of SGOIX and QFVOX, 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

SGOIX vs. QFVOX - Drawdown Comparison

The maximum SGOIX drawdown since its inception was -35.54%, smaller than the maximum QFVOX drawdown of -70.51%. Use the drawdown chart below to compare losses from any high point for SGOIX and QFVOX.

Drawdown Indicators

	SGOIX	QFVOX	Difference
Max Drawdown Largest peak-to-trough decline	-35.54%	-70.51%	+34.97%
Max Drawdown (1Y) Largest decline over 1 year	-11.35%	-11.02%	-0.33%
Max Drawdown (3Y) Largest decline over 3 years	-11.35%	-14.92%	+3.57%
Max Drawdown (5Y) Largest decline over 5 years	-20.21%	-32.90%	+12.69%
Max Drawdown (10Y) Largest decline over 10 years	-24.79%	-45.52%	+20.73%
Current Drawdown Current decline from peak	-2.35%	0.00%	-2.35%
Average Drawdown Average peak-to-trough decline	-4.57%	-15.22%	+10.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.90%	3.09%	+0.81%

Volatility

SGOIX vs. QFVOX - Volatility Comparison

The current volatility for First Eagle Overseas Fund Class I (SGOIX) is 3.50%, while Pear Tree Polaris Foreign Value Fund (QFVOX) has a volatility of 4.42%. This indicates that SGOIX experiences smaller price fluctuations and is considered to be less risky than QFVOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SGOIX	QFVOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.50%	4.42%	-0.92%
Volatility (6M) Calculated over the trailing 6-month period	11.17%	13.92%	-2.75%
Volatility (1Y) Calculated over the trailing 1-year period	12.96%	15.51%	-2.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.05%	15.59%	-3.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.44%	16.37%	-4.93%

SGOIX vs. QFVOX - Expense Ratio Comparison

SGOIX has a 0.88% expense ratio, which is lower than QFVOX's 1.40% expense ratio.

Dividends

SGOIX vs. QFVOX - Dividend Comparison

SGOIX's dividend yield for the trailing twelve months is around 7.60%, more than QFVOX's 4.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QFVOX Pear Tree Polaris Foreign Value Fund	4.66%	5.66%	1.95%	1.88%	1.43%	10.11%	1.58%	1.14%	0.98%	0.60%	1.02%	1.58%
SGOIX First Eagle Overseas Fund Class I	7.60%	8.45%	8.49%	2.45%	3.81%	5.92%	0.47%	5.70%	3.36%	3.59%	3.80%	1.58%

Frequently Asked Questions

Can I hold both SGOIX and QFVOX in my portfolio?

SGOIX and QFVOX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SGOIX or QFVOX?

QFVOX has higher volatility (4.42%) compared to SGOIX (3.50%). In terms of maximum drawdown, SGOIX dropped -35.54% vs QFVOX's -70.51%.

Which has better risk-adjusted returns?

QFVOX currently has the higher Sharpe Ratio (2.52 vs 2.28), 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.