GMO Emerging Markets ex-China Fund (GMAQX)
The mutual fund aims to invest primarily in companies connected to emerging markets, excluding China, through various investment vehicles like derivatives and ETFs. It is categorized as a non-diversified fund.
Fund Info
Oct 17, 2021
$0
Expense Ratio
GMAQX features an expense ratio of 0.67%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in GMO Emerging Markets ex-China Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
GMO Emerging Markets ex-China Fund had a return of 2.23% year-to-date (YTD) and -17.80% in the last 12 months.
GMAQX
2.23%
0.85%
-15.80%
-17.80%
N/A
N/A
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of GMAQX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.37% | 2.23% | |||||||||||
| 2024 | -1.05% | 2.31% | 1.16% | -1.02% | 1.88% | -6.46% | 1.17% | 2.73% | 0.73% | -4.82% | -1.60% | -13.69% | -18.23% |
| 2023 | 8.40% | -4.30% | 1.57% | 0.52% | 0.22% | 3.88% | 5.68% | -5.01% | -0.57% | -2.29% | 9.90% | 7.81% | 27.41% |
| 2022 | -2.91% | -13.62% | -6.15% | -6.87% | 1.71% | -12.70% | 3.19% | -0.75% | -10.93% | 5.33% | 12.85% | -4.65% | -32.71% |
| 2021 | -0.75% | -3.93% | 5.37% | 0.47% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GMAQX is 0, meaning it’s performing worse than 100% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for GMO Emerging Markets ex-China Fund (GMAQX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
GMO Emerging Markets ex-China Fund provided a 8.34% dividend yield over the last twelve months, with an annual payout of $0.99 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dividend | $0.99 | $0.99 | $1.03 | $0.57 | $0.13 |
Dividend yield | 8.34% | 8.52% | 6.76% | 4.46% | 0.66% |
Monthly Dividends
The table displays the monthly dividend distributions for GMO Emerging Markets ex-China Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.67 | $0.99 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.84 | $1.03 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $0.57 |
| 2021 | $0.13 | $0.13 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the GMO Emerging Markets ex-China 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 Emerging Markets ex-China Fund was 42.26%, occurring on Sep 29, 2022. The portfolio has not yet recovered.
The current GMO Emerging Markets ex-China Fund drawdown is 30.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.26% | Jan 13, 2022 | 179 | Sep 29, 2022 | — | — | — |
| -5.93% | Nov 10, 2021 | 12 | Nov 26, 2021 | 20 | Dec 27, 2021 | 32 |
| -1.88% | Oct 27, 2021 | 3 | Oct 29, 2021 | 7 | Nov 9, 2021 | 10 |
| -1.68% | Jan 5, 2022 | 1 | Jan 5, 2022 | 4 | Jan 11, 2022 | 5 |
| -0.99% | Oct 21, 2021 | 2 | Oct 22, 2021 | 2 | Oct 26, 2021 | 4 |
Volatility
Volatility Chart
The current GMO Emerging Markets ex-China Fund volatility is 3.83%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.