SGOIX vs. QUERX

Last updated Apr 2, 2026

Compare and contrast key facts about First Eagle Overseas Fund Class I (SGOIX) and AQR Large Cap Defensive Style Fund Class R6 (QUERX).

SGOIX is managed by First Eagle. QUERX is an actively managed fund by AQR Funds. It was launched on Jul 9, 2012.

Performance

SGOIX vs. QUERX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Eagle Overseas Fund Class I (SGOIX) and AQR Large Cap Defensive Style Fund Class R6 (QUERX). The values are adjusted to include any dividend payments, if applicable.

SGOIX vs. QUERX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SGOIX First Eagle Overseas Fund Class I	3.80%	39.06%	6.45%	10.73%	-7.86%	5.25%	7.25%	17.90%	-9.95%	14.38%
QUERX AQR Large Cap Defensive Style Fund Class R6	1.76%	6.98%	13.98%	9.55%	-13.73%	23.56%	13.20%	28.82%	-0.21%	22.22%

Returns By Period

In the year-to-date period, SGOIX achieves a 3.80% return, which is significantly higher than QUERX's 1.76% return. Over the past 10 years, SGOIX has underperformed QUERX with an annualized return of 8.31%, while QUERX has yielded a comparatively higher 10.65% annualized return.

SGOIX

• 1D: 2.33%
• 1M: -7.69%
• YTD: 3.80%
• 6M: 9.66%
• 1Y: 29.85%
• 3Y*: 16.77%
• 5Y*: 10.05%
• 10Y*: 8.31%

QUERX

• 1D: 0.96%
• 1M: -4.33%
• YTD: 1.76%
• 6M: -0.27%
• 1Y: 3.98%
• 3Y*: 10.10%
• 5Y*: 6.84%
• 10Y*: 10.65%

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

SGOIX vs. QUERX - Expense Ratio Comparison

SGOIX has a 0.88% expense ratio, which is higher than QUERX's 0.31% expense ratio.

SGOIX

First Eagle Overseas Fund Class I

QUERX

AQR Large Cap Defensive Style Fund Class R6

Return for Risk

SGOIX vs. QUERX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SGOIX

SGOIX Risk / Return Rank: 92
SGOIX Sharpe Ratio Rank: 94
SGOIX Sortino Ratio Rank: 92
SGOIX Omega Ratio Rank: 92
SGOIX Calmar Ratio Rank: 90
SGOIX Martin Ratio Rank: 91

QUERX

QUERX Risk / Return Rank: 10
QUERX Sharpe Ratio Rank: 9
QUERX Sortino Ratio Rank: 9
QUERX Omega Ratio Rank: 9
QUERX Calmar Ratio Rank: 11
QUERX Martin Ratio Rank: 14

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SGOIX vs. QUERX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Eagle Overseas Fund Class I (SGOIX) and AQR Large Cap Defensive Style Fund Class R6 (QUERX). 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.

	SGOIX	QUERX	Difference
Sharpe ratio Return per unit of total volatility	2.21	0.34	+1.87
Sortino ratio Return per unit of downside risk	2.80	0.56	+2.24
Omega ratio Gain probability vs. loss probability	1.44	1.08	+0.36
Calmar ratio Return relative to maximum drawdown	2.59	0.45	+2.14
Martin ratio Return relative to average drawdown	10.79	2.06	+8.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SGOIX vs. QUERX - Sharpe Ratio Comparison

The current SGOIX Sharpe Ratio is 2.21, which is higher than the QUERX Sharpe Ratio of 0.34. The chart below compares the historical Sharpe Ratios of SGOIX and QUERX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SGOIX	QUERX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.21	0.34	+1.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	0.53	+0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.70	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.70	+0.17

Correlation

The correlation between SGOIX and QUERX is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SGOIX vs. QUERX - Dividend Comparison

SGOIX's dividend yield for the trailing twelve months is around 8.15%, less than QUERX's 22.46% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SGOIX First Eagle Overseas Fund Class I	8.15%	8.45%	8.49%	2.45%	3.81%	5.92%	0.47%	5.70%	3.36%	3.59%	3.80%	1.58%
QUERX AQR Large Cap Defensive Style Fund Class R6	22.46%	22.86%	24.47%	24.43%	10.37%	2.62%	1.37%	1.18%	1.74%	2.45%	2.06%	6.28%

Drawdowns

SGOIX vs. QUERX - Drawdown Comparison

The maximum SGOIX drawdown since its inception was -35.54%, which is greater than QUERX's maximum drawdown of -30.81%. Use the drawdown chart below to compare losses from any high point for SGOIX and QUERX.

Drawdown Indicators

	SGOIX	QUERX	Difference
Max Drawdown Largest peak-to-trough decline	-35.54%	-30.81%	-4.73%
Max Drawdown (1Y) Largest decline over 1 year	-11.35%	-8.92%	-2.43%
Max Drawdown (5Y) Largest decline over 5 years	-21.39%	-22.04%	+0.65%
Max Drawdown (10Y) Largest decline over 10 years	-24.79%	-30.81%	+6.02%
Current Drawdown Current decline from peak	-8.91%	-4.33%	-4.58%
Average Drawdown Average peak-to-trough decline	-4.57%	-3.95%	-0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.72%	1.95%	+0.77%

Volatility

SGOIX vs. QUERX - Volatility Comparison

First Eagle Overseas Fund Class I (SGOIX) has a higher volatility of 6.40% compared to AQR Large Cap Defensive Style Fund Class R6 (QUERX) at 2.81%. This indicates that SGOIX's price experiences larger fluctuations and is considered to be riskier than QUERX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SGOIX	QUERX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.40%	2.81%	+3.59%
Volatility (6M) Calculated over the trailing 6-month period	9.85%	5.75%	+4.10%
Volatility (1Y) Calculated over the trailing 1-year period	13.64%	12.05%	+1.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.77%	13.08%	-1.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.37%	15.23%	-3.86%