TGVAX vs. ANDIX
Compare and contrast key facts about Thornburg International Equity Fund (TGVAX) and AQR International Defensive Style Fund (ANDIX).
TGVAX is managed by Thornburg. It was launched on May 28, 1998. ANDIX is managed by AQR Funds. It was launched on Jul 9, 2012.
Performance
TGVAX vs. ANDIX - Performance Comparison
Loading graphics...
TGVAX vs. ANDIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TGVAX Thornburg International Equity Fund | 0.56% | 33.81% | 11.24% | 15.77% | -17.04% | 7.25% | 22.59% | 28.67% | -20.08% | 25.03% |
ANDIX AQR International Defensive Style Fund | -0.25% | 21.41% | 2.83% | 12.06% | -14.26% | 7.59% | 8.43% | 18.39% | -10.35% | 22.86% |
Returns By Period
In the year-to-date period, TGVAX achieves a 0.56% return, which is significantly higher than ANDIX's -0.25% return. Over the past 10 years, TGVAX has outperformed ANDIX with an annualized return of 9.59%, while ANDIX has yielded a comparatively lower 6.30% annualized return.
TGVAX
- 1D
- -0.22%
- 1M
- -10.34%
- YTD
- 0.56%
- 6M
- 4.96%
- 1Y
- 22.51%
- 3Y*
- 17.09%
- 5Y*
- 8.16%
- 10Y*
- 9.59%
ANDIX
- 1D
- 0.50%
- 1M
- -8.31%
- YTD
- -0.25%
- 6M
- 2.13%
- 1Y
- 13.15%
- 3Y*
- 9.32%
- 5Y*
- 4.98%
- 10Y*
- 6.30%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TGVAX vs. ANDIX - Expense Ratio Comparison
TGVAX has a 1.25% expense ratio, which is higher than ANDIX's 0.55% expense ratio.
Return for Risk
TGVAX vs. ANDIX — Risk / Return Rank
TGVAX
ANDIX
TGVAX vs. ANDIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thornburg International Equity Fund (TGVAX) and AQR International Defensive Style Fund (ANDIX). 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.
| TGVAX | ANDIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.46 | 0.99 | +0.47 |
Sortino ratioReturn per unit of downside risk | 1.94 | 1.40 | +0.54 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.20 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.95 | 1.42 | +0.53 |
Martin ratioReturn relative to average drawdown | 7.34 | 5.30 | +2.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TGVAX | ANDIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 0.99 | +0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.39 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.47 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.49 | +0.03 |
Correlation
The correlation between TGVAX and ANDIX is 0.80, 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.
Dividends
TGVAX vs. ANDIX - Dividend Comparison
TGVAX's dividend yield for the trailing twelve months is around 3.52%, less than ANDIX's 4.76% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TGVAX Thornburg International Equity Fund | 3.52% | 3.54% | 6.90% | 2.23% | 1.69% | 14.24% | 2.98% | 6.60% | 1.45% | 17.24% | 1.67% | 18.63% |
ANDIX AQR International Defensive Style Fund | 4.76% | 4.74% | 2.29% | 3.02% | 2.00% | 2.53% | 1.73% | 2.51% | 2.40% | 3.30% | 1.47% | 2.09% |
Drawdowns
TGVAX vs. ANDIX - Drawdown Comparison
The maximum TGVAX drawdown since its inception was -56.44%, which is greater than ANDIX's maximum drawdown of -27.59%. Use the drawdown chart below to compare losses from any high point for TGVAX and ANDIX.
Loading graphics...
Drawdown Indicators
| TGVAX | ANDIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.44% | -27.59% | -28.85% |
Max Drawdown (1Y)Largest decline over 1 year | -10.34% | -8.76% | -1.58% |
Max Drawdown (5Y)Largest decline over 5 years | -39.96% | -27.59% | -12.37% |
Max Drawdown (10Y)Largest decline over 10 years | -39.96% | -27.59% | -12.37% |
Current DrawdownCurrent decline from peak | -10.34% | -8.31% | -2.03% |
Average DrawdownAverage peak-to-trough decline | -12.52% | -5.33% | -7.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.78% | 2.35% | +0.43% |
Volatility
TGVAX vs. ANDIX - Volatility Comparison
Thornburg International Equity Fund (TGVAX) and AQR International Defensive Style Fund (ANDIX) have volatilities of 5.26% and 5.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TGVAX | ANDIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.26% | 5.12% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 9.42% | 8.12% | +1.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.64% | 12.93% | +1.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.53% | 12.75% | +3.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.66% | 13.44% | +3.22% |