TBWIX vs. GSINX
Compare and contrast key facts about Thornburg Better World International Fund (TBWIX) and Goldman Sachs GQG Partners International Opportunities Fund (GSINX).
TBWIX is managed by Thornburg. It was launched on Sep 30, 2015. GSINX is managed by Goldman Sachs. It was launched on Dec 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TBWIX or GSINX.
Key characteristics
| TBWIX | GSINX | |
|---|---|---|
| YTD Return | 11.32% | 16.82% |
| 1Y Return | 14.53% | 28.62% |
| 3Y Return (Ann) | -0.22% | 7.93% |
| 5Y Return (Ann) | 11.58% | 12.11% |
| Sharpe Ratio | 1.28 | 2.07 |
| Daily Std Dev | 11.11% | 13.70% |
| Max Drawdown | -32.65% | -28.80% |
| Current Drawdown | -2.53% | -3.11% |
Correlation
The correlation between TBWIX and GSINX is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TBWIX vs. GSINX - Performance Comparison
In the year-to-date period, TBWIX achieves a 11.32% return, which is significantly lower than GSINX's 16.82% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TBWIX vs. GSINX - Expense Ratio Comparison
TBWIX has a 1.21% expense ratio, which is higher than GSINX's 0.89% expense ratio.
Risk-Adjusted Performance
TBWIX vs. GSINX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thornburg Better World International Fund (TBWIX) and Goldman Sachs GQG Partners International Opportunities Fund (GSINX). 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.
Dividends
TBWIX vs. GSINX - Dividend Comparison
TBWIX's dividend yield for the trailing twelve months is around 1.39%, less than GSINX's 1.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
TBWIX Thornburg Better World International Fund | 1.39% | 1.55% | 0.87% | 15.10% | 0.40% | 1.29% | 10.14% | 3.53% | 5.99% |
GSINX Goldman Sachs GQG Partners International Opportunities Fund | 1.94% | 2.27% | 4.79% | 2.13% | 0.08% | 0.57% | 0.43% | 0.12% | 0.06% |
Drawdowns
TBWIX vs. GSINX - Drawdown Comparison
The maximum TBWIX drawdown since its inception was -32.65%, which is greater than GSINX's maximum drawdown of -28.80%. Use the drawdown chart below to compare losses from any high point for TBWIX and GSINX. For additional features, visit the drawdowns tool.
Volatility
TBWIX vs. GSINX - Volatility Comparison
The current volatility for Thornburg Better World International Fund (TBWIX) is 2.40%, while Goldman Sachs GQG Partners International Opportunities Fund (GSINX) has a volatility of 3.06%. This indicates that TBWIX experiences smaller price fluctuations and is considered to be less risky than GSINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.