XETOX vs. GQFPX
XETOX (Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund) and GQFPX (GQG Partners Global Quality Dividend Income Fund) are both mutual funds - XETOX is a Global Equities fund tracking the MSCI World Index, while GQFPX is a Quality Factor fund managed by GQG Partners. Over the past 5 years, XETOX returned 8.61%/yr vs 10.72%/yr for GQFPX. Their 0.60 correlation means they have sometimes moved together and sometimes differently. XETOX charges 1.74%/yr vs 0.86%/yr for GQFPX.
Performance
XETOX vs. GQFPX - Performance Comparison
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Returns By Period
In the year-to-date period, XETOX achieves a 8.87% return, which is significantly lower than GQFPX's 11.60% return.
XETOX
- 1D
- 2.58%
- 1M
- 0.54%
- 6M
- 4.37%
- YTD
- 8.87%
- 1Y
- 21.40%
- 3Y*
- 15.29%
- 5Y*
- 8.61%
- 10Y*
- 9.51%
- ALL TIME*
- 5.04%
GQFPX
- 1D
- -0.07%
- 1M
- 3.13%
- 6M
- 4.87%
- YTD
- 11.60%
- 1Y
- 18.02%
- 3Y*
- 13.78%
- 5Y*
- 10.72%
- 10Y*
- —
- ALL TIME*
- 10.59%
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 |
XETOX vs. GQFPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XETOX Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund | 8.87% | 21.76% | 10.32% | 24.83% | -22.82% | 9.45% |
GQFPX GQG Partners Global Quality Dividend Income Fund | 11.60% | 19.29% | 4.81% | 15.09% | -1.13% | 5.03% |
Correlation
The correlation between XETOX and GQFPX is 0.09, 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. | 0.09 |
Correlation (3Y) Balances recent behavior with more history. | 0.47 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.60 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2021 | 0.60 |
Over the past year, the correlation between XETOX and GQFPX has dropped to 0.09 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.
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Return for Risk
XETOX vs. GQFPX — Risk / Return Rank
XETOX
GQFPX
XETOX vs. GQFPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (XETOX) and GQG Partners Global Quality Dividend Income Fund (GQFPX). 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.
| XETOX | GQFPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.30 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 2.80 | -1.02 |
| Martin ratioReturn relative to average drawdown | 7.66 | 7.14 | +0.52 |
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Drawdowns
XETOX vs. GQFPX - Drawdown Comparison
The maximum XETOX drawdown since its inception was -68.63%, which is greater than GQFPX's maximum drawdown of -16.95%. Use the drawdown chart below to compare losses from any high point for XETOX and GQFPX.
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Drawdown Indicators
| XETOX | GQFPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.63% | -16.95% | -51.68% |
Max Drawdown (1Y)Largest decline over 1 year | -12.44% | -6.28% | -6.16% |
Max Drawdown (3Y)Largest decline over 3 years | -16.69% | -10.57% | -6.12% |
Max Drawdown (5Y)Largest decline over 5 years | -31.51% | -16.95% | -14.56% |
Max Drawdown (10Y)Largest decline over 10 years | -44.35% | — | — |
Current DrawdownCurrent decline from peak | -0.16% | -1.46% | +1.30% |
Average DrawdownAverage peak-to-trough decline | -24.48% | -3.03% | -21.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.74% | 2.45% | +0.29% |
Volatility
XETOX vs. GQFPX - Volatility Comparison
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (XETOX) has a higher volatility of 4.20% compared to GQG Partners Global Quality Dividend Income Fund (GQFPX) at 3.28%. This indicates that XETOX's price experiences larger fluctuations and is considered to be riskier than GQFPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XETOX | GQFPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.20% | 3.28% | +0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 12.22% | 8.32% | +3.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.69% | 10.18% | +5.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.42% | 12.78% | +5.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.89% | 12.81% | +7.08% |
XETOX vs. GQFPX - Expense Ratio Comparison
XETOX has a 1.74% expense ratio, which is higher than GQFPX's 0.86% expense ratio.
Dividends
XETOX vs. GQFPX - Dividend Comparison
XETOX's dividend yield for the trailing twelve months is around 1.01%, less than GQFPX's 5.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
GQFPX GQG Partners Global Quality Dividend Income Fund | 5.52% | 5.32% | 3.71% | 3.69% | 5.18% | 1.38% | 0.00% | 0.00% | 0.00% |
XETOX Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund | 1.01% | 3.82% | 6.59% | 6.25% | 9.14% | 6.43% | 6.91% | 6.17% | 1.74% |
Frequently Asked Questions
XETOX and GQFPX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XETOX has higher volatility (4.20%) compared to GQFPX (3.28%). In terms of maximum drawdown, XETOX dropped -68.63% vs GQFPX's -16.95%.
GQFPX currently has the higher Sharpe Ratio (1.73 vs 1.41), 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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