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THOIX vs. TGVIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

THOIX vs. TGVIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thornburg Global Opportunities Fund (THOIX) and Thornburg International Equity I (TGVIX). The values are adjusted to include any dividend payments, if applicable.

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THOIX vs. TGVIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
THOIX
Thornburg Global Opportunities Fund
1.01%41.04%13.08%16.26%-10.12%14.72%22.50%28.74%-20.72%22.03%
TGVIX
Thornburg International Equity I
0.62%34.20%11.60%16.01%-16.74%7.59%22.64%29.09%-19.85%25.52%

Returns By Period

In the year-to-date period, THOIX achieves a 1.01% return, which is significantly higher than TGVIX's 0.62% return. Over the past 10 years, THOIX has outperformed TGVIX with an annualized return of 12.13%, while TGVIX has yielded a comparatively lower 9.90% annualized return.


THOIX

1D
-0.39%
1M
-8.12%
YTD
1.01%
6M
7.53%
1Y
32.87%
3Y*
21.58%
5Y*
12.57%
10Y*
12.13%

TGVIX

1D
-0.21%
1M
-10.32%
YTD
0.62%
6M
5.09%
1Y
22.85%
3Y*
17.41%
5Y*
8.48%
10Y*
9.90%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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THOIX vs. TGVIX - Expense Ratio Comparison

THOIX has a 0.99% expense ratio, which is higher than TGVIX's 0.90% expense ratio.


Return for Risk

THOIX vs. TGVIX — Risk / Return Rank

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

THOIX
THOIX Risk / Return Rank: 9494
Overall Rank
THOIX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
THOIX Sortino Ratio Rank: 9494
Sortino Ratio Rank
THOIX Omega Ratio Rank: 9494
Omega Ratio Rank
THOIX Calmar Ratio Rank: 9191
Calmar Ratio Rank
THOIX Martin Ratio Rank: 9595
Martin Ratio Rank

TGVIX
TGVIX Risk / Return Rank: 7878
Overall Rank
TGVIX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
TGVIX Sortino Ratio Rank: 7777
Sortino Ratio Rank
TGVIX Omega Ratio Rank: 7878
Omega Ratio Rank
TGVIX Calmar Ratio Rank: 8181
Calmar Ratio Rank
TGVIX Martin Ratio Rank: 7777
Martin Ratio Rank
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.

THOIX vs. TGVIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thornburg Global Opportunities Fund (THOIX) and Thornburg International Equity I (TGVIX). 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.


THOIXTGVIXDifference

Sharpe ratio

Return per unit of total volatility

2.27

1.48

+0.79

Sortino ratio

Return per unit of downside risk

2.95

1.97

+0.98

Omega ratio

Gain probability vs. loss probability

1.47

1.30

+0.17

Calmar ratio

Return relative to maximum drawdown

2.62

1.99

+0.63

Martin ratio

Return relative to average drawdown

12.75

7.48

+5.27

THOIX vs. TGVIX - Sharpe Ratio Comparison

The current THOIX Sharpe Ratio is 2.27, which is higher than the TGVIX Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of THOIX and TGVIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


THOIXTGVIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.27

1.48

+0.79

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.77

0.52

+0.25

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.70

0.60

+0.10

Sharpe Ratio (All Time)

Calculated using the full available price history

0.53

0.48

+0.05

Correlation

The correlation between THOIX and TGVIX is 0.81, 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

THOIX vs. TGVIX - Dividend Comparison

THOIX's dividend yield for the trailing twelve months is around 6.36%, more than TGVIX's 3.64% yield.


TTM20252024202320222021202020192018201720162015
THOIX
Thornburg Global Opportunities Fund
6.36%6.42%5.70%5.70%4.00%14.39%6.70%1.47%2.65%0.67%0.82%0.59%
TGVIX
Thornburg International Equity I
3.64%3.67%6.91%2.37%2.01%14.20%3.11%6.36%1.76%17.06%1.90%18.62%

Drawdowns

THOIX vs. TGVIX - Drawdown Comparison

The maximum THOIX drawdown since its inception was -64.58%, which is greater than TGVIX's maximum drawdown of -56.19%. Use the drawdown chart below to compare losses from any high point for THOIX and TGVIX.


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Drawdown Indicators


THOIXTGVIXDifference

Max Drawdown

Largest peak-to-trough decline

-64.58%

-56.19%

-8.39%

Max Drawdown (1Y)

Largest decline over 1 year

-11.47%

-10.32%

-1.15%

Max Drawdown (5Y)

Largest decline over 5 years

-30.18%

-39.46%

+9.28%

Max Drawdown (10Y)

Largest decline over 10 years

-35.22%

-39.46%

+4.24%

Current Drawdown

Current decline from peak

-8.62%

-10.32%

+1.70%

Average Drawdown

Average peak-to-trough decline

-11.56%

-12.17%

+0.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.38%

2.77%

-0.39%

Volatility

THOIX vs. TGVIX - Volatility Comparison

The current volatility for Thornburg Global Opportunities Fund (THOIX) is 3.66%, while Thornburg International Equity I (TGVIX) has a volatility of 5.28%. This indicates that THOIX experiences smaller price fluctuations and is considered to be less risky than TGVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


THOIXTGVIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.66%

5.28%

-1.62%

Volatility (6M)

Calculated over the trailing 6-month period

8.43%

9.41%

-0.98%

Volatility (1Y)

Calculated over the trailing 1-year period

14.22%

14.66%

-0.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.38%

16.39%

-0.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.50%

16.62%

+0.88%