TGRGX vs. THOIX
TGRGX (Transamerica International Focus) and THOIX (Thornburg Global Opportunities Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, TGRGX returned 0.46%/yr vs 13.48%/yr for THOIX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. TGRGX charges 1.05%/yr vs 0.99%/yr for THOIX.
Performance
TGRGX vs. THOIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TGRGX achieves a 3.76% return, which is significantly lower than THOIX's 10.91% return.
TGRGX
- 1D
- 2.87%
- 1M
- -2.18%
- 6M
- 4.06%
- YTD
- 3.76%
- 1Y
- -0.33%
- 3Y*
- 3.66%
- 5Y*
- 0.46%
- 10Y*
- —
- ALL TIME*
- 5.83%
THOIX
- 1D
- -0.41%
- 1M
- 1.48%
- 6M
- 3.68%
- YTD
- 10.91%
- 1Y
- 30.28%
- 3Y*
- 21.57%
- 5Y*
- 13.48%
- 10Y*
- 13.43%
- ALL TIME*
- 10.40%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TGRGX vs. THOIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TGRGX Transamerica International Focus | 3.76% | 6.79% | -0.73% | 12.65% | -20.27% | 10.78% | 21.16% | 14.39% |
THOIX Thornburg Global Opportunities Fund | 10.91% | 41.04% | 13.08% | 16.26% | -10.12% | 14.72% | 22.50% | 13.32% |
Correlation
The correlation between TGRGX and THOIX is 0.58, 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. | 0.58 |
Correlation (3Y) Balances recent behavior with more history. | 0.70 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.77 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2019 | 0.79 |
Over the past year, the correlation between TGRGX and THOIX has dropped to 0.58 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TGRGX vs. THOIX — Risk / Return Rank
TGRGX
THOIX
TGRGX vs. THOIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica International Focus (TGRGX) and Thornburg Global Opportunities Fund (THOIX). 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.
| TGRGX | THOIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.53 | ||
| Sortino ratioReturn per unit of downside risk | -3.28 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.45 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 3.32 | -3.47 |
| Martin ratioReturn relative to average drawdown | -0.39 | 11.52 | -11.92 |
Loading charts...
Drawdowns
TGRGX vs. THOIX - Drawdown Comparison
The maximum TGRGX drawdown since its inception was -35.21%, smaller than the maximum THOIX drawdown of -64.58%. Use the drawdown chart below to compare losses from any high point for TGRGX and THOIX.
Loading charts...
Drawdown Indicators
| TGRGX | THOIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.21% | -64.58% | +29.37% |
Max Drawdown (1Y)Largest decline over 1 year | -14.54% | -8.62% | -5.92% |
Max Drawdown (3Y)Largest decline over 3 years | -17.88% | -13.71% | -4.17% |
Max Drawdown (5Y)Largest decline over 5 years | -34.46% | -30.18% | -4.28% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.22% | — |
Current DrawdownCurrent decline from peak | -4.54% | -3.32% | -1.22% |
Average DrawdownAverage peak-to-trough decline | -9.45% | -11.40% | +1.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.34% | 2.48% | +2.86% |
Volatility
TGRGX vs. THOIX - Volatility Comparison
Transamerica International Focus (TGRGX) has a higher volatility of 5.54% compared to Thornburg Global Opportunities Fund (THOIX) at 3.36%. This indicates that TGRGX's price experiences larger fluctuations and is considered to be riskier than THOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TGRGX | THOIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.54% | 3.36% | +2.18% |
Volatility (6M)Calculated over the trailing 6-month period | 15.31% | 9.38% | +5.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.30% | 11.89% | +5.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.04% | 16.48% | +1.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.41% | 17.33% | +2.08% |
TGRGX vs. THOIX - Expense Ratio Comparison
TGRGX has a 1.05% expense ratio, which is higher than THOIX's 0.99% expense ratio.
Dividends
TGRGX vs. THOIX - Dividend Comparison
TGRGX's dividend yield for the trailing twelve months is around 0.88%, less than THOIX's 5.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TGRGX Transamerica International Focus | 0.88% | 0.91% | 20.50% | 8.42% | 1.74% | 5.85% | 0.78% | 1.72% | 0.00% | 0.00% | 0.00% | 0.00% |
THOIX Thornburg Global Opportunities Fund | 5.79% | 6.42% | 5.70% | 5.70% | 4.00% | 14.39% | 6.70% | 1.47% | 2.65% | 0.67% | 0.82% | 0.59% |
Frequently Asked Questions
TGRGX and THOIX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TGRGX has higher volatility (5.54%) compared to THOIX (3.36%). In terms of maximum drawdown, TGRGX dropped -35.21% vs THOIX's -64.58%.
THOIX currently has the higher Sharpe Ratio (2.41 vs -0.12), 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.
Find the right allocation for TGRGX and THOIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer