GMO Global Equity Allocation Fund (GMGEX) belongs to the Global Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GMGEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GMGEX
GMGEX charges 0.01% annually. No mutual funds in the Global Equities category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Global Developed Equity Allocation Fund | 0.01% | — | Jun 2005 | GMGEX vs GWOAX | |
| State Street Global All Cap Equity ex-U.S. Index F... | 0.07% | — | Sep 2014 | GMGEX vs SSGLX | |
| Vanguard Total World Stock Index Fund Admiral Shar... | 0.09% | 95.30B | Feb 2019 | GMGEX vs VTWAX | |
| USAA Cornerstone Equity Fund | 0.09% | — | Jun 2012 | GMGEX vs UCEQX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 0.14% | 2.00B | Dec 2013 | GMGEX vs VMNVX |
Best Risk-Adjusted Alternatives to GMGEX
GMGEX has a PortfoliosLab risk / return rank of 88. There are 5 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LSV Global Value Fund | 94 | — | Jun 2014 | GMGEX vs LVAGX | |
| Polaris Global Value Fund | 92 | — | May 1998 | GMGEX vs PGVFX | |
| MainStay Epoch Global Equity Yield Fund | 91 | — | Dec 2005 | GMGEX vs EPSYX | |
| PGIM Jennison Global Equity Income Fund | 89 | — | Dec 1997 | GMGEX vs AGOCX | |
| John Hancock Global Shareholder Yield Fund | 89 | — | Feb 2007 | GMGEX vs JGYIX |
Top Performing GMGEX Alternatives (YTD)
GMGEX is at 16.28% YTD. There are 24 mutual funds in the Global Equities category with higher YTD returns, going as high as 35.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Global Technology Fund I Class | 35.04% | — | Nov 2016 | GMGEX vs PGTIX | |
| Oberweis Global Opportunities Fund | 27.07% | — | Jan 1987 | GMGEX vs OBEGX | |
| Ariel Global Fund | 23.87% | — | Dec 2011 | GMGEX vs AGLOX | |
| LSV Global Value Fund | 22.05% | — | Jun 2014 | GMGEX vs LVAGX | |
| Fidelity Advisor Worldwide Fund Class Z | 20.15% | — | Oct 2018 | GMGEX vs FIQOX |
Lowest Volatility Alternatives to GMGEX
GMGEX has 13.37% 1-year volatility. There are 97 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 7.01%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Global Minimum Volatility Fund Investor S... | 7.01% | 2.00B | Dec 2013 | GMGEX vs VMVFX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 7.03% | 2.00B | Dec 2013 | GMGEX vs VMNVX | |
| SEI Institutional Managed Trust Global Managed Vol... | 7.14% | — | Jul 2006 | GMGEX vs SVTAX | |
| MFS Global Total Return Fund Class I | 7.55% | — | Sep 1990 | GMGEX vs MFWIX | |
| SEI Institutional Investments Trust Global Managed... | 7.66% | — | Jan 2016 | GMGEX vs SGMAX |
Lowest Drawdown Alternatives to GMGEX
GMGEX has a 1-year max drawdown of -9.24%. There are 57 mutual funds in the Global Equities category with shallower 1-year drawdowns, going as shallow as -5.21%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | -5.21% | — | Jun 2019 | GMGEX vs RTXAX | |
| LSV Global Managed Volatility Fund | -5.76% | — | Jun 2014 | GMGEX vs LVAFX | |
| SEI Institutional Investments Trust Global Managed... | -5.88% | — | Jan 2016 | GMGEX vs SGMAX | |
| Cohen & Steers Global Infrastructure Fund Class A | -5.99% | — | Aug 2017 | GMGEX vs CSUAX | |
| SEI Institutional Managed Trust Global Managed Vol... | -5.99% | — | Jul 2006 | GMGEX vs SVTAX |
Other Mutual Funds from GMO
The 10 most viewed GMO mutual funds shown here include GQETX, GMOIX, GMOQX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| GMO Quality Fund | Large Cap Blend Equities | 27 | 3.20% | — | Feb 2004 | GMGEX vs GQETX | |
| GMO International Equity Fund | Foreign Large Cap Equities | 80 | 17.09% | — | Mar 1987 | GMGEX vs GMOIX | |
| GMO Emerging Country Debt Fund Class VI | Emerging Markets Bonds | 98 | 9.31% | — | Apr 1994 | GMGEX vs GMOQX | |
| GMO U.S. Treasury Fund | Government Bonds | 99 | 1.26% | — | Mar 2009 | GMGEX vs GUSTX | |
| GMO International Developed Equity Allocation Fund | Foreign Large Cap Equities | 84 | 16.00% | — | Jun 2006 | GMGEX vs GIOTX | |
| GMO Multi-Sector Fixed Income Fund | Intermediate Core-Plus Bond | 75 | 0.96% | — | Apr 1997 | GMGEX vs GUGAX | |
| GMO Benchmark-Free Fund | Global Allocation | 95 | 9.64% | — | Jun 2011 | GMGEX vs GBFFX | |
| GMO Asset Allocation Bond Fund | Inflation-Protected Bonds | 3 | -3.48% | — | Mar 2009 | GMGEX vs GABFX | |
| GMO Tax-Managed International Equities Fund | Foreign Large Cap Equities | 91 | 11.65% | — | Jul 1998 | GMGEX vs GTMIX | |
| GMO Alternative Allocation Fund | Multistrategy | 75 | 1.26% | — | May 2019 | GMGEX vs GAAVX |
Often Compared With GMGEX
Investors most often compare GMGEX with SPY, CWS, GMWAX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare GMGEX with Any Fund or Stock
Compare GMGEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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Pair GMGEX with funds that move differently
GMO Global Equity Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GMGEX.
Explore GMGEX Diversifiers