GMO International Equity Fund (GMOIX)

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GMO International Equity Fund (GMOIX) is up 20.7% since the beginning of the year. GMOIX is currently trading at $41 per share. Investors who bought $1,000 worth of GMOIX shares 5 years ago would now be looking at an investment worth $2,086.

GMO International Equity Fund (GMOIX) has returned 20.73% so far this year and 46.13% over the past 12 months. Over the last ten years, GMOIX has returned 12.48% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Jan 2, 1990, GMOIX's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, an investment would double in approximately 9.8 years.

Historically, 58% of months were positive and 42% were negative. The best month was Nov 2020 with a return of +13.0%, while the worst month was Oct 2008 at -18.9%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.

On a daily basis, GMOIX closed higher 52% of trading days. The best single day was Oct 28, 2008 with a return of +11.0%, while the worst single day was Dec 22, 1997 at -12.7%.

GMO International Equity Fund has an annualized alpha of 0.87%, beta of 0.64, and R2 of 0.46 versus S&P 500 Index. Calculated based on daily prices since January 02, 1990.

• This fund participated in 82.88% of S&P 500 Index downside but only 72.27% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.64 may look defensive, but with R2 of 0.46 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.46 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.

GMOIX has an expense ratio of 0.66%, placing it in the medium range.

GMOIX ranks 84 for risk / return — in the top 84% 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.

GMO International Equity Fund provided a 4.65% dividend yield over the last twelve months, with an annual payout of $1.90 per share.

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

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.

The table below displays the maximum drawdowns of the GMO International Equity 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 International Equity Fund was 59.00%, occurring on Mar 9, 2009. Recovery took 1320 trading sessions.

The current GMO International Equity Fund drawdown is 0.02%.

The chart below shows the rolling one-month volatility.