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GMO Climate Change Fund (GCCHX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US3620146155
Issuer
GMO
Inception Date
Apr 4, 2017
Min. Investment
$5,000,000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in GMO Climate Change Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

GMO Climate Change Fund (GCCHX) has returned 6.61% so far this year and 64.36% over the past 12 months.


GMO Climate Change Fund

1D
-1.04%
1M
-5.74%
YTD
6.61%
6M
15.46%
1Y
64.36%
3Y*
-1.00%
5Y*
0.70%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Apr 18, 2017, GCCHX's average daily return is +0.05%, while the average monthly return is +0.98%. At this rate, your investment would double in approximately 5.9 years.

Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +17.3%, while the worst month was Mar 2020 at -22.8%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 4 months.

On a daily basis, GCCHX closed higher 51% of trading days. The best single day was Dec 31, 2021 with a return of +11.5%, while the worst single day was Mar 16, 2020 at -12.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20269.84%2.97%-5.74%6.61%
20251.80%-7.51%-4.06%-1.21%8.33%7.29%6.80%12.14%3.52%7.22%0.32%0.68%39.25%
2024-12.68%1.67%5.51%-5.69%8.46%-11.17%5.79%0.63%3.17%-8.43%-3.73%-9.73%-25.63%
202313.48%-5.15%-1.52%-2.92%-3.51%6.94%4.66%-12.09%-8.16%-14.23%9.34%10.71%-6.85%
2022-7.04%5.96%5.49%-13.01%7.17%-15.07%14.58%-0.04%-13.46%6.60%13.14%-8.89%-10.39%
20212.61%3.96%1.69%0.31%1.51%2.05%-0.71%0.88%-3.07%11.76%-6.96%7.07%21.84%

Benchmark Metrics

GMO Climate Change Fund has an annualized alpha of -1.18%, beta of 1.00, and R² of 0.56 versus S&P 500 Index. Calculated based on daily prices since April 19, 2017.

  • This fund participated in 124.70% of S&P 500 Index downside but only 115.68% of its upside — more exposed to losses than it benefited from rallies.
  • With beta of 1.00 and R² of 0.56, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
-1.18%
Beta
1.00
0.56
Upside Capture
115.68%
Downside Capture
124.70%

Expense Ratio

GCCHX has an expense ratio of 0.77%, placing it in the medium range.


Return for Risk

Risk / Return Rank

GCCHX ranks 94 for risk / return — in the top 94% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


GCCHX Risk / Return Rank: 9494
Overall Rank
GCCHX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
GCCHX Sortino Ratio Rank: 9393
Sortino Ratio Rank
GCCHX Omega Ratio Rank: 8787
Omega Ratio Rank
GCCHX Calmar Ratio Rank: 9797
Calmar Ratio Rank
GCCHX Martin Ratio Rank: 9696
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.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for GMO Climate Change Fund (GCCHX) and compare them to a chosen benchmark (S&P 500 Index).


GCCHXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.24

0.90

+1.35

Sortino ratio

Return per unit of downside risk

2.89

1.39

+1.50

Omega ratio

Gain probability vs. loss probability

1.38

1.21

+0.17

Calmar ratio

Return relative to maximum drawdown

3.92

1.40

+2.52

Martin ratio

Return relative to average drawdown

13.98

6.61

+7.37

Explore GCCHX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

GMO Climate Change Fund provided a 1.41% dividend yield over the last twelve months, with an annual payout of $0.38 per share.


0.00%5.00%10.00%15.00%20.00%25.00%$0.00$2.00$4.00$6.00$8.00201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$0.38$0.38$0.12$0.24$0.60$7.80$1.75$0.97$0.52$0.82

Dividend yield

1.41%1.51%0.66%0.96%2.24%25.43%5.42%4.03%2.62%3.43%

Monthly Dividends

The table displays the monthly dividend distributions for GMO Climate Change Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.38$0.38
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.12$0.12
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.24$0.24
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.48$0.00$0.00$0.00$0.00$0.12$0.60
2021$0.00$0.00$0.00$0.00$0.00$0.00$2.15$0.00$0.00$0.00$0.00$5.65$7.80

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the GMO Climate Change Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the GMO Climate Change Fund was 54.32%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current GMO Climate Change Fund drawdown is 13.15%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-54.32%Apr 5, 2022755Apr 8, 2025
-40.29%Feb 21, 202022Mar 23, 202099Aug 12, 2020121
-20.9%May 22, 2018150Dec 24, 2018247Dec 17, 2019397
-16.95%Nov 9, 202129Dec 20, 202163Mar 22, 202292
-8.89%Jan 23, 201813Feb 8, 201864May 11, 201877

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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