GMOQX Alternatives & Similar Mutual Funds

GMO Emerging Country Debt Fund Class VI (GMOQX) belongs to the Emerging Markets Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GMOQX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to GMOQX

GMOQX charges 0.51% annually. There are 4 mutual funds in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
PYELX	Payden Emerging Markets Local Bond Fund	0.09%	—	Nov 2011	GMOQX vs PYELX
IMCDX	Voya Emerging Markets Corporate Debt Fund	0.10%	—	Aug 2012	GMOQX vs IMCDX
VEGBX	Vanguard Emerging Markets Bond Fund Admiral Shares	0.40%	—	Dec 2017	GMOQX vs VEGBX
SEDAX	SEI Institutional Investments Trust Emerging Marke...	0.41%	—	Dec 2005	GMOQX vs SEDAX
GMCDX	GMO Emerging Country Debt Fund	0.53%	—	Apr 1994	GMOQX vs GMCDX

Best Risk-Adjusted Alternatives to GMOQX

GMOQX has a PortfoliosLab risk / return rank of 98. There are 2 mutual funds in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
AGEPX	American Beacon Frontier Markets Income Fund	98	—	Feb 2014	GMOQX vs AGEPX
AGEYX	American Beacon Developing World Income Fund Class...	98	—	Feb 2014	GMOQX vs AGEYX
GMCDX	GMO Emerging Country Debt Fund	98	—	Apr 1994	GMOQX vs GMCDX
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	98	—	Apr 2014	GMOQX vs DBLLX
FEMDX	Franklin Emerging Market Debt Opportunities Fund	98	—	May 2006	GMOQX vs FEMDX

Top Performing GMOQX Alternatives (YTD)

GMOQX is at 8.73% YTD. There is 1 mutual fund in the Emerging Markets Bonds category with a higher YTD return, going as high as 14.37%.

Symbol	Name	YTD Return	AUM	Inception
EDF	Virtus Stone Harbor Emerging Markets Income Fund	14.37%	—	Dec 2010	GMOQX vs EDF
GMCDX	GMO Emerging Country Debt Fund	8.34%	—	Apr 1994	GMOQX vs GMCDX
FEMDX	Franklin Emerging Market Debt Opportunities Fund	7.68%	—	May 2006	GMOQX vs FEMDX
AGEPX	American Beacon Frontier Markets Income Fund	6.76%	—	Feb 2014	GMOQX vs AGEPX
EIDOX	Eaton Vance Emerging Markets Debt Opportunities Fu...	6.75%	—	Sep 2015	GMOQX vs EIDOX

Lowest Volatility Alternatives to GMOQX

GMOQX has 5.33% 1-year volatility. There are 49 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.15%.

Symbol	Name	Volatility 1Y	AUM	Inception
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	1.15%	—	Apr 2014	GMOQX vs DBLLX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	1.93%	—	Apr 2010	GMOQX vs DLENX
PYCEX	Payden Emerging Markets Corporate Bond Fund	2.04%	—	Nov 2013	GMOQX vs PYCEX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	2.05%	—	May 2011	GMOQX vs SHCDX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	2.06%	—	Apr 2010	GMOQX vs DBLEX

Lowest Drawdown Alternatives to GMOQX

GMOQX has a 1-year max drawdown of -3.82%. There are 22 mutual funds in the Emerging Markets Bonds category with shallower 1-year drawdowns, going as shallow as -0.92%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	-0.92%	—	Apr 2014	GMOQX vs DBLLX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	-1.81%	—	Apr 2010	GMOQX vs DBLEX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	-1.83%	—	Apr 2010	GMOQX vs DLENX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	-1.90%	—	May 2011	GMOQX vs SHCDX
PYCEX	Payden Emerging Markets Corporate Bond Fund	-2.37%	—	Nov 2013	GMOQX vs PYCEX

Other Mutual Funds from GMO

The 10 most viewed GMO mutual funds shown here include GQETX, GMOIX, GUSTX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GQETX	GMO Quality Fund	Large Cap Blend Equities	35	5.77%	—	Feb 2004	GMOQX vs GQETX
GMOIX	GMO International Equity Fund	Foreign Large Cap Equities	76	19.96%	—	Mar 1987	GMOQX vs GMOIX
GUSTX	GMO U.S. Treasury Fund	Government Bonds	99	1.46%	—	Mar 2009	GMOQX vs GUSTX
GMGEX	GMO Global Equity Allocation Fund	Global Equities	91	19.85%	—	Nov 1996	GMOQX vs GMGEX
GIOTX	GMO International Developed Equity Allocation Fund	Foreign Large Cap Equities	81	18.85%	—	Jun 2006	GMOQX vs GIOTX
GABFX	GMO Asset Allocation Bond Fund	Inflation-Protected Bonds	4	-4.23%	—	Mar 2009	GMOQX vs GABFX
GBFFX	GMO Benchmark-Free Fund	Global Allocation	96	12.11%	—	Jun 2011	GMOQX vs GBFFX
GMWAX	GMO Global Asset Allocation Fund	Global Allocation	91	12.73%	—	Oct 1996	GMOQX vs GMWAX
GUGAX	GMO Multi-Sector Fixed Income Fund	Intermediate Core-Plus Bond	74	0.96%	—	Apr 1997	GMOQX vs GUGAX
GAAVX	GMO Alternative Allocation Fund	Multistrategy	66	1.26%	—	May 2019	GMOQX vs GAAVX

Often Compared With GMOQX

Investors most often compare GMOQX with GHVIX, GOFIX, PEMIX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GHVIX	GMO High Yield Fund	High Yield Bonds	74	1.57%	—	Jun 2018	GMOQX vs GHVIX
GOFIX	GMO Resources Fund	Energy Equities	96	33.87%	—	Dec 2011	GMOQX vs GOFIX
PEMIX	PIMCO Emerging Markets Corporate Bond Fund	Emerging Markets Bonds	75	1.30%	—	Jun 2009	GMOQX vs PEMIX
PACEX	T. Rowe Price Emerging Markets Corporate Bond Fund	Emerging Markets Bonds	74	1.41%	—	May 2012	GMOQX vs PACEX
SHMDX	Virtus Stone Harbor Emerging Mkts Debt	Emerging Markets Bonds	91	3.80%	—	Aug 2007	GMOQX vs SHMDX
IHIAX	Federated Hermes Emerging Market Debt Fund	Emerging Markets Bonds	78	2.61%	—	Oct 1996	GMOQX vs IHIAX
PFSIX	PIMCO Emerging Markets Full Spectrum Bond Fund	Emerging Markets Bonds	51	1.09%	—	Feb 2013	GMOQX vs PFSIX
EMKIX	Ashmore Emerging Markets Total Return Fund	Emerging Markets Bonds	65	2.66%	—	Dec 2010	GMOQX vs EMKIX
AEDVX	American Century Emerging Markets Debt Fund	Emerging Markets Bonds	80	2.12%	456.94M	Jul 2014	GMOQX vs AEDVX
EMDIX	Federated Hermes Emerging Market Debt Fund Institu...	Emerging Markets Bonds	82	2.73%	—	Oct 1996	GMOQX vs EMDIX
EMCIX	Ashmore Emerging Markets Corporate Income Fund	Emerging Markets Bonds	63	3.42%	—	Dec 2010	GMOQX vs EMCIX
WEDIX	William Blair Emerging Markets Debt Fund	Emerging Markets Bonds	92	4.01%	—	May 2021	GMOQX vs WEDIX
PELBX	PIMCO Emerging Markets Local Currency and Bond Fun...	Emerging Markets Bonds	36	1.60%	—	Dec 2006	GMOQX vs PELBX
FNMIX	Fidelity New Markets Income Fund	Emerging Markets Bonds	94	3.96%	—	—	GMOQX vs FNMIX
EDD	Morgan Stanley Emerging Markets Domestic Fund	Emerging Markets Bonds	15	3.21%	—	Apr 2007	GMOQX vs EDD
EEIIX	Eaton Vance Emerging Markets Local Income Fund Cla...	Emerging Markets Bonds	60	3.85%	—	Nov 2009	GMOQX vs EEIIX
TEDNX	TIAA-CREF Emerging Markets Debt Fund	Emerging Markets Bonds	65	0.77%	—	Sep 2014	GMOQX vs TEDNX
ESDIX	Ashmore Emerging Markets Short Duration Select Fun...	Emerging Markets Bonds	—	—	—	Jun 2020	GMOQX vs ESDIX
TEI	Templeton Emerging Markets Income Fund	Emerging Markets Bonds	35	2.44%	—	—	GMOQX vs TEI
AMAPX	Amana Participation Fund	Emerging Markets Bonds	45	0.26%	—	Sep 2015	GMOQX vs AMAPX

Compare GMOQX with Any Fund or Stock

Compare GMOQX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair GMOQX with funds that move differently

GMO Emerging Country Debt Fund Class VI alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GMOQX.

Explore GMOQX Diversifiers

GMO Emerging Country Debt Fund Class VI (GMOQX) Alternatives