GMO Benchmark-Free Allocation Fund (GBMFX) Alternatives
GMO Benchmark-Free Allocation Fund (GBMFX) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GBMFX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to GBMFX
GBMFX charges 0.74% annually. Among mutual funds in the Global Allocation category, these options have the lowest expense ratios among GBMFX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | Feb 29, 2012 | GBMFX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | Jan 1, 1998 | GBMFX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | Apr 30, 2013 | GBMFX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | Apr 5, 2006 | GBMFX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | Dec 29, 2005 | GBMFX vs JNSMX |
Best Risk-Adjusted Alternatives to GBMFX
Among mutual funds in the Global Allocation category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | Dec 23, 2002 | GBMFX vs TIBAX | |
| Hartford Real Asset Fund | 97 | May 27, 2010 | GBMFX vs HRLYX | |
| GMO Benchmark-Free Fund | 97 | Jun 14, 2011 | GBMFX vs GBFFX | |
| GMO Implementation Fund | 96 | Feb 29, 2012 | GBMFX vs GIMFX | |
| Delaware Global Listed Real Assets Fund | 95 | Dec 5, 1995 | GBMFX vs DPREX |
Top Performing GBMFX Alternatives (YTD)
GBMFX alternatives from the Global Allocation category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Allspring Absolute Return Fund | 14.79% | Feb 29, 2012 | GBMFX vs WARAX | |
| Hartford Real Asset Fund | 10.68% | May 27, 2010 | GBMFX vs HRLYX | |
| Wilmington Real Asset Fund | 10.27% | Jun 30, 2003 | GBMFX vs WMRIX | |
| Cohen & Steers Real Assets Fund Inc | 10.26% | Jan 30, 2012 | GBMFX vs RAPZX | |
| Principal Diversified Real Asset Fund | 9.23% | Mar 15, 2010 | GBMFX vs PDRDX |
Lowest Volatility Alternatives to GBMFX
GBMFX alternatives from the Global Allocation category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| PFG BNY Mellon Diversifier Strategy Fund | 4.95% | Dec 10, 2017 | GBMFX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.78% | Mar 24, 2011 | GBMFX vs LFMIX | |
| MH Elite Income Fund of Funds | 6.46% | Aug 14, 2011 | GBMFX vs MHEIX | |
| Principal Diversified Select Real Asset Fund | 6.83% | Jul 2, 2019 | GBMFX vs PDSYX | |
| Nuveen Real Asset Income Fund | 6.94% | Sep 12, 2011 | GBMFX vs NRIIX |
Lowest Drawdown Alternatives to GBMFX
GBMFX alternatives from the Global Allocation category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | -3.08% | Mar 24, 2011 | GBMFX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -4.21% | Dec 10, 2017 | GBMFX vs PFADX | |
| MH Elite Income Fund of Funds | -4.54% | Aug 14, 2011 | GBMFX vs MHEIX | |
| Allspring Absolute Return Fund | -5.06% | Feb 29, 2012 | GBMFX vs WARAX | |
| Principal Diversified Select Real Asset Fund | -5.32% | Jul 2, 2019 | GBMFX vs PDSYX |
Other Mutual Funds from GMO
Most popular GMO mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| GMO Quality Fund | Large Cap Blend Equities | 24 | -9.54% | Feb 6, 2004 | GBMFX vs GQETX | |
| GMO International Equity Fund | Foreign Large Cap Equities | 89 | 1.83% | Mar 30, 1987 | GBMFX vs GMOIX | |
| GMO U.S. Treasury Fund | Government Bonds | 100 | 0.51% | Mar 16, 2009 | GBMFX vs GUSTX | |
| GMO Asset Allocation Bond Fund | Inflation-Protected Bonds | 8 | -1.12% | Mar 17, 2009 | GBMFX vs GABFX | |
| GMO Resources Fund | Energy Equities | 95 | 27.66% | Dec 27, 2011 | GBMFX vs GOFIX | |
| GMO Emerging Country Debt Fund | Emerging Markets Bonds | 97 | 2.00% | Apr 18, 1994 | GBMFX vs GMCDX | |
| GMO High Yield Fund | High Yield Bonds | 84 | -1.45% | Jun 25, 2018 | GBMFX vs GHVIX | |
| GMO Alternative Allocation Fund | Multistrategy | 92 | 3.33% | May 1, 2019 | GBMFX vs GAAVX | |
| GMO Global Equity Allocation Fund | Global Equities | 86 | 1.01% | Nov 25, 1996 | GBMFX vs GMGEX | |
| GMO International Developed Equity Allocation Fund | Foreign Large Cap Equities | 91 | 2.84% | Jun 4, 2006 | GBMFX vs GIOTX |
Often Compared With GBMFX
What investors most often compare with GBMFX, based on PortfoliosLab usage data.
Compare GBMFX with Any Fund or Stock
Compare GBMFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.