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 | |
|---|---|---|---|---|---|
| Payden Emerging Markets Local Bond Fund | 0.09% | — | Nov 2011 | GMOQX vs PYELX | |
| Voya Emerging Markets Corporate Debt Fund | 0.10% | — | Aug 2012 | GMOQX vs IMCDX | |
| Vanguard Emerging Markets Bond Fund Admiral Shares | 0.40% | — | Dec 2017 | GMOQX vs VEGBX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.41% | — | Dec 2005 | GMOQX vs SEDAX | |
| 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 is 1 mutual fund in the Emerging Markets Bonds category with a higher risk-adjusted rank, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Developing World Income Fund Class... | 98 | — | Feb 2014 | GMOQX vs AGEYX | |
| American Beacon Frontier Markets Income Fund | 98 | — | Feb 2014 | GMOQX vs AGEPX | |
| GMO Emerging Country Debt Fund | 98 | — | Apr 1994 | GMOQX vs GMCDX | |
| Franklin Emerging Market Debt Opportunities Fund | 98 | — | May 2006 | GMOQX vs FEMDX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | — | Sep 2015 | GMOQX vs EIDOX |
Top Performing GMOQX Alternatives (YTD)
GMOQX is at 9.35% YTD. There is 1 mutual fund in the Emerging Markets Bonds category with a higher YTD return, going as high as 19.48%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 19.48% | — | Dec 2010 | GMOQX vs EDF | |
| GMO Emerging Country Debt Fund | 9.32% | — | Apr 1994 | GMOQX vs GMCDX | |
| Franklin Emerging Market Debt Opportunities Fund | 8.24% | — | May 2006 | GMOQX vs FEMDX | |
| Morgan Stanley Emerging Markets Domestic Fund | 7.76% | — | Apr 2007 | GMOQX vs EDD | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 7.74% | — | Sep 2015 | GMOQX vs EIDOX |
Lowest Volatility Alternatives to GMOQX
GMOQX has 5.35% 1-year volatility. There are 49 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 1.16% | — | Apr 2014 | GMOQX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | 1.93% | — | Apr 2010 | GMOQX vs DLENX | |
| Payden Emerging Markets Corporate Bond Fund | 2.04% | — | Nov 2013 | GMOQX vs PYCEX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 2.05% | — | May 2011 | GMOQX vs SHCDX | |
| DoubleLine Emerging Markets Fixed Income Fund | 2.09% | — | 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 | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | -0.92% | — | Apr 2014 | GMOQX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund | -1.81% | — | Apr 2010 | GMOQX vs DBLEX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | -1.83% | — | Apr 2010 | GMOQX vs DLENX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | -1.90% | — | May 2011 | GMOQX vs SHCDX | |
| 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 | |
|---|---|---|---|---|---|---|---|
| GMO Quality Fund | Large Cap Blend Equities | 32 | 3.91% | — | Feb 2004 | GMOQX vs GQETX | |
| GMO International Equity Fund | Foreign Large Cap Equities | 86 | 21.29% | — | Mar 1987 | GMOQX vs GMOIX | |
| GMO U.S. Treasury Fund | Government Bonds | 99 | 1.26% | — | Mar 2009 | GMOQX vs GUSTX | |
| GMO Global Equity Allocation Fund | Global Equities | 91 | 18.76% | — | Nov 1996 | GMOQX vs GMGEX | |
| GMO International Developed Equity Allocation Fund | Foreign Large Cap Equities | 89 | 19.59% | — | Jun 2006 | GMOQX vs GIOTX | |
| GMO Multi-Sector Fixed Income Fund | Intermediate Core-Plus Bond | 76 | 0.96% | — | Apr 1997 | GMOQX vs GUGAX | |
| GMO Benchmark-Free Fund | Global Allocation | 95 | 10.65% | — | Jun 2011 | GMOQX vs GBFFX | |
| GMO Asset Allocation Bond Fund | Inflation-Protected Bonds | 3 | -4.93% | — | Mar 2009 | GMOQX vs GABFX | |
| GMO Alternative Allocation Fund | Multistrategy | 69 | 1.36% | — | May 2019 | GMOQX vs GAAVX | |
| GMO Tax-Managed International Equities Fund | Foreign Large Cap Equities | 91 | 13.12% | — | Jul 1998 | GMOQX vs GTMIX |
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.
Compare GMOQX with Any Fund or Stock
Compare GMOQX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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