VEOIX vs. GQRIX
VEOIX (Vanguard Global Environmental Opportunities Stock Fund Investor Shares) and GQRIX (GQG Partners Global Quality Equity Fund Institutional Shares) are both mutual funds - VEOIX is a Global Equities fund actively managed by Vanguard, while GQRIX is a Quality Factor fund managed by GQG Partners. Over the past 3 years, VEOIX returned 7.25%/yr vs 11.84%/yr for GQRIX. Their 0.42 correlation means their historical movements had little consistent relationship. VEOIX charges 0.70%/yr vs 0.75%/yr for GQRIX.
Performance
VEOIX vs. GQRIX - Performance Comparison
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Returns By Period
In the year-to-date period, VEOIX achieves a 10.97% return, which is significantly higher than GQRIX's 7.29% return.
VEOIX
- 1D
- 1.72%
- 1M
- -1.66%
- 6M
- 7.37%
- YTD
- 10.97%
- 1Y
- 18.96%
- 3Y*
- 7.25%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 8.27%
GQRIX
- 1D
- 0.43%
- 1M
- 0.43%
- 6M
- 3.55%
- YTD
- 7.29%
- 1Y
- 9.44%
- 3Y*
- 11.84%
- 5Y*
- 9.20%
- 10Y*
- —
- ALL TIME*
- 11.87%
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 |
VEOIX vs. GQRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
VEOIX Vanguard Global Environmental Opportunities Stock Fund Investor Shares | 10.97% | 16.46% | 0.32% | 6.03% | -2.49% |
GQRIX GQG Partners Global Quality Equity Fund Institutional Shares | 7.29% | 0.91% | 20.18% | 19.79% | 1.11% |
Correlation
The correlation between VEOIX and GQRIX is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.01 |
Correlation (3Y) Balances recent behavior with more history. | 0.37 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2022 | 0.42 |
Over the past year, the correlation between VEOIX and GQRIX has dropped to 0.01 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.
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Return for Risk
VEOIX vs. GQRIX — Risk / Return Rank
VEOIX
GQRIX
VEOIX vs. GQRIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Environmental Opportunities Stock Fund Investor Shares (VEOIX) and GQG Partners Global Quality Equity Fund Institutional Shares (GQRIX). 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.
| VEOIX | GQRIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.17 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 1.29 | +0.45 |
| Martin ratioReturn relative to average drawdown | 5.89 | 2.93 | +2.96 |
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Drawdowns
VEOIX vs. GQRIX - Drawdown Comparison
The maximum VEOIX drawdown since its inception was -21.56%, smaller than the maximum GQRIX drawdown of -28.86%. Use the drawdown chart below to compare losses from any high point for VEOIX and GQRIX.
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Drawdown Indicators
| VEOIX | GQRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.56% | -28.86% | +7.30% |
Max Drawdown (1Y)Largest decline over 1 year | -9.73% | -7.00% | -2.73% |
Max Drawdown (3Y)Largest decline over 3 years | -20.50% | -16.47% | -4.03% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.29% | — |
Current DrawdownCurrent decline from peak | -3.34% | -3.86% | +0.52% |
Average DrawdownAverage peak-to-trough decline | -5.42% | -4.89% | -0.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 3.07% | -0.20% |
Volatility
VEOIX vs. GQRIX - Volatility Comparison
Vanguard Global Environmental Opportunities Stock Fund Investor Shares (VEOIX) has a higher volatility of 4.12% compared to GQG Partners Global Quality Equity Fund Institutional Shares (GQRIX) at 2.73%. This indicates that VEOIX's price experiences larger fluctuations and is considered to be riskier than GQRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEOIX | GQRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.12% | 2.73% | +1.39% |
Volatility (6M)Calculated over the trailing 6-month period | 12.93% | 7.50% | +5.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.60% | 9.45% | +6.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.38% | 14.67% | +0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.38% | 17.15% | -1.77% |
VEOIX vs. GQRIX - Expense Ratio Comparison
VEOIX has a 0.70% expense ratio, which is lower than GQRIX's 0.75% expense ratio.
Dividends
VEOIX vs. GQRIX - Dividend Comparison
VEOIX's dividend yield for the trailing twelve months is around 0.89%, less than GQRIX's 7.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
GQRIX GQG Partners Global Quality Equity Fund Institutional Shares | 7.40% | 7.94% | 6.46% | 1.39% | 2.99% | 1.65% | 0.11% | 0.04% |
VEOIX Vanguard Global Environmental Opportunities Stock Fund Investor Shares | 0.89% | 0.99% | 0.89% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VEOIX and GQRIX have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VEOIX has higher volatility (4.12%) compared to GQRIX (2.73%). In terms of maximum drawdown, VEOIX dropped -21.56% vs GQRIX's -28.86%.
VEOIX currently has the higher Sharpe Ratio (1.09 vs 0.95), 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.
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