The Advisors’ Inner Circle Fund III (GQGU) Performance
GQGU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.6% since Dec 31, 2025
- 1 year
- −0.2% total return
- Since first price
- −0.6% since 2025
GQGU trailing returns vs SPY, QQQ, AGG
| Period | GQGU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −6.6% | −6.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −4.7% | −4.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −6.6% | −6.6% | +7.8% | +8.4% | −1.5% |
| YTD | +0.6% | +0.6% | +12.3% | +15.1% | −1.0% |
| 1 year | −0.2% | −1.2% | +14.4% | +15.9% | −1.1% |
| Since inceptionJul 14, 2025 | −0.6% | −1.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: GQGU vs SPY
From Jul 14, 2025: GQGU grew to $9,942, SPY to $12,329.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GQGU returns by calendar year
2026 is year to date.
GQGU annual returns table
| Year | GQGU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +0.6% | −10.0% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GQGU largest drawdowns
Now 10.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 27, 2026 | −10.0% | Oct 22, 2026 | not yet | 8 months | 8 months so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GQGU risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +6.6% |
| Volatility (annualized) | 12.0% |
| Sharpe ratio | 0.28 |
| Sortino ratio | 0.49 |
| Best month | +7.7% |
| Worst month | −5.1% |
| Best 12 months | +7.0% |
| Worst 12 months | +3.8% |
| Positive months | 43% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
GQGU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 4 | +3.8% | +4.9% | +7.0% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
GQGU performance overview
The Advisors’ Inner Circle Fund III (GQGU) returned −0.2% over the past year, with distributions reinvested. Since its first recorded price on Jul 14, 2025 it has returned −0.6%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −10.0%, from Feb 27, 2026 to Oct 22, 2026; the fund has not yet regained that high. Volatility has been 12.0% a year.
Related: GQGU chart, GQGU holdings, GQGU dividends, GQGU valuation. See the GQGU overview for the latest quote and fund facts.
GQGU performance FAQ
What is the GQGU return over the past year?
GQGU returned −0.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 1.2%.
How much would $10,000 invested in GQGU be worth?
$10,000 invested in GQGU at its first recorded close on July 14, 2025 would be worth about $9,942 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of GQGU?
The largest peak-to-trough decline was −10.0% between February 27, 2026 and October 22, 2026. It has not yet recovered to that high; it is 10.0% below its peak.
How volatile is GQGU?
Over the past history GQGU had an annualized volatility of 12.0% and a Sharpe ratio of 0.28 (excess return over 1–3 month T-bills per unit of risk).