GMO International Equity Fund (GMOIX) belongs to the Foreign Large Cap Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GMOIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GMOIX
GMOIX charges 0.66% annually. There are 111 mutual funds in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series International Growth Fund | 0.01% | — | Dec 2009 | GMOIX vs FIGSX | |
| Fidelity Series Global ex U.S. Index Fund | 0.01% | — | Sep 2009 | GMOIX vs FSGEX | |
| Fidelity Series Overseas Fund | 0.01% | — | Jun 2019 | GMOIX vs FSOSX | |
| Fidelity Series International Value Fund | 0.01% | — | Dec 2009 | GMOIX vs FINVX | |
| Fidelity Series International Index Fund | 0.01% | — | Aug 2018 | GMOIX vs FHLFX |
Best Risk-Adjusted Alternatives to GMOIX
GMOIX has a PortfoliosLab risk / return rank of 80. There are 11 mutual funds in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Touchstone International Equity Fund | 91 | — | Mar 1993 | GMOIX vs SWRLX | |
| GMO Tax-Managed International Equities Fund | 91 | — | Jul 1998 | GMOIX vs GTMIX | |
| American Beacon Tocqueville International Value Fu... | 91 | — | Aug 1994 | GMOIX vs TIVFX | |
| Thornburg Global Opportunities Fund | 89 | — | Jul 2006 | GMOIX vs THOIX | |
| SA International Value Fund | 87 | — | Aug 1999 | GMOIX vs SAHMX |
Top Performing GMOIX Alternatives (YTD)
GMOIX is at 17.09% YTD. There are 13 mutual funds in the Foreign Large Cap Equities category with higher YTD returns, going as high as 33.96%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Tocqueville International Value Fu... | 33.96% | — | Aug 1994 | GMOIX vs TIVFX | |
| Calamos International Growth Fund | 29.09% | — | Mar 2005 | GMOIX vs CIGIX | |
| Fidelity SAI International SMA Completion Fund | 27.74% | — | Apr 2019 | GMOIX vs FISZX | |
| Lord Abbett International Growth Fund | 26.67% | — | Jun 2021 | GMOIX vs LIAGX | |
| John Hancock International Dynamic Growth Fund | 25.73% | — | May 2019 | GMOIX vs JIJIX |
Lowest Volatility Alternatives to GMOIX
GMOIX has 17.63% 1-year volatility. There are 341 mutual funds in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 8.70%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Overseas Fund Class Z | 8.70% | — | Feb 2017 | GMOIX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class C | 8.70% | — | Nov 1997 | GMOIX vs FAOCX | |
| Fidelity Advisor Overseas Fund Class A | 8.71% | — | Sep 1996 | GMOIX vs FAOAX | |
| Fidelity Advisor Overseas Fund Class M | 8.72% | — | Apr 1990 | GMOIX vs FAERX | |
| Fidelity Advisor Overseas Fund Class I | 8.72% | — | Jul 1995 | GMOIX vs FAOIX |
Lowest Drawdown Alternatives to GMOIX
GMOIX has a 1-year max drawdown of -11.67%. There are 194 mutual funds in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -6.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood AlphaFactor Tactical International Fund | -6.94% | — | Nov 2017 | GMOIX vs RWIIX | |
| Federated Hermes International Strategic Value Div... | -6.97% | — | Jun 2008 | GMOIX vs IVFIX | |
| Fidelity Advisor Overseas Fund Class Z | -7.26% | — | Feb 2017 | GMOIX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class I | -7.28% | — | Jul 1995 | GMOIX vs FAOIX | |
| Fidelity Advisor Overseas Fund Class M | -7.29% | — | Apr 1990 | GMOIX vs FAERX |
Other Mutual Funds from GMO
The 10 most viewed GMO mutual funds shown here include GQETX, GMOQX, GUSTX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| GMO Quality Fund | Large Cap Blend Equities | 27 | 3.20% | — | Feb 2004 | GMOIX vs GQETX | |
| GMO Emerging Country Debt Fund Class VI | Emerging Markets Bonds | 98 | 9.31% | — | Apr 1994 | GMOIX vs GMOQX | |
| GMO U.S. Treasury Fund | Government Bonds | 99 | 1.26% | — | Mar 2009 | GMOIX vs GUSTX | |
| GMO Global Equity Allocation Fund | Global Equities | 88 | 16.28% | — | Nov 1996 | GMOIX vs GMGEX | |
| GMO International Developed Equity Allocation Fund | Foreign Large Cap Equities | 84 | 16.00% | — | Jun 2006 | GMOIX vs GIOTX | |
| GMO Multi-Sector Fixed Income Fund | Intermediate Core-Plus Bond | 75 | 0.96% | — | Apr 1997 | GMOIX vs GUGAX | |
| GMO Benchmark-Free Fund | Global Allocation | 95 | 9.64% | — | Jun 2011 | GMOIX vs GBFFX | |
| GMO Asset Allocation Bond Fund | Inflation-Protected Bonds | 3 | -3.48% | — | Mar 2009 | GMOIX vs GABFX | |
| GMO Alternative Allocation Fund | Multistrategy | 75 | 1.26% | — | May 2019 | GMOIX vs GAAVX | |
| GMO Global Asset Allocation Fund | Global Allocation | 89 | 10.55% | — | Oct 1996 | GMOIX vs GMWAX |
Often Compared With GMOIX
Investors most often compare GMOIX with FDNU.L, DFIV, IVLU. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare GMOIX with Any Fund or Stock
Compare GMOIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GMOIX with funds that move differently
GMO International Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GMOIX.
Explore GMOIX Diversifiers