GMO Quality Fund (GQETX)
The investment seeks total return. The fund is permitted to invest directly and indirectly (e.g., through underlying funds or derivatives) in equities of companies tied economically to any country in the world, including emerging countries. In addition, the fund may lend its portfolio securities. It also may invest in U.S. Treasury fund, in money market funds unaffiliated with GMO, and directly in the types of investments typically held by money market funds. It is non-diversified.
Fund Info
| ISIN | US3620082608 |
|---|---|
| Issuer | GMO |
| Inception Date | Feb 6, 2004 |
| Category | Large Cap Blend Equities |
| Min. Investment | $5,000,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
GQETX has a high expense ratio of 0.49%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: GQETX vs. TRBUX, GQETX vs. GQLVX, GQETX vs. GQSCX, GQETX vs. VOO, GQETX vs. QQQ, GQETX vs. VXUS, GQETX vs. VTAPX, GQETX vs. VYM, GQETX vs. VUG, GQETX vs. VTIP
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in GMO Quality Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
GMO Quality Fund had a return of 11.24% year-to-date (YTD) and 28.38% in the last 12 months. Over the past 10 years, GMO Quality Fund had an annualized return of 14.75%, outperforming the S&P 500 benchmark which had an annualized return of 10.84%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.24% | 10.00% |
| 1 month | 3.26% | 2.41% |
| 6 months | 16.87% | 16.70% |
| 1 year | 28.38% | 26.85% |
| 5 years (annualized) | 17.19% | 12.81% |
| 10 years (annualized) | 14.75% | 10.84% |
Monthly Returns
The table below presents the monthly returns of GQETX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.71% | 5.05% | 2.71% | -3.77% | 11.24% | ||||||||
| 2023 | 6.72% | -3.45% | 5.47% | 3.19% | 2.75% | 5.34% | 2.68% | -1.81% | -5.01% | -0.34% | 8.74% | 3.21% | 30.02% |
| 2022 | -3.68% | -4.23% | 1.46% | -6.08% | 0.60% | -6.77% | 7.12% | -4.98% | -8.35% | 7.66% | 7.15% | -4.57% | -15.33% |
| 2021 | -1.68% | 3.22% | 5.16% | 5.71% | 1.56% | 1.19% | 2.95% | 1.83% | -4.65% | 6.08% | -3.14% | 10.57% | 31.67% |
| 2020 | -0.61% | -7.55% | -9.05% | 11.20% | 3.26% | 1.05% | 4.57% | 6.06% | -3.03% | -3.65% | 11.99% | 5.15% | 18.33% |
| 2019 | 6.28% | 2.91% | 3.55% | 2.86% | -4.97% | 6.03% | 2.21% | -1.49% | 1.05% | 3.25% | 3.59% | 3.17% | 31.77% |
| 2018 | 6.10% | -3.09% | -3.42% | 0.66% | 2.21% | 1.16% | 5.38% | 3.84% | 0.87% | -5.05% | 1.62% | -8.69% | 0.50% |
| 2017 | 1.90% | 5.60% | 1.50% | 2.41% | 3.58% | 0.38% | 1.03% | 1.47% | 0.62% | 4.48% | 2.64% | 0.36% | 29.11% |
| 2016 | -2.22% | 0.42% | 6.06% | -0.94% | 2.51% | 1.08% | 3.54% | -0.14% | 0.10% | -2.19% | -0.00% | 1.42% | 9.73% |
| 2015 | -2.46% | 5.22% | -2.09% | 0.58% | 0.97% | -2.89% | 3.29% | -6.22% | -1.05% | 7.71% | -0.61% | -0.12% | 1.58% |
| 2014 | -3.41% | 4.20% | 1.40% | 1.26% | 1.94% | 0.46% | -0.93% | 3.45% | -1.24% | 2.38% | 3.75% | -1.13% | 12.48% |
| 2013 | 4.83% | 1.66% | 3.61% | 2.76% | 0.67% | -1.25% | 3.61% | -3.50% | 1.61% | 4.45% | 3.04% | 1.54% | 25.23% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of GQETX is 92, placing it in the top 8% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
GQETX (GMO Quality Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for GMO Quality Fund (GQETX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
GMO Quality Fund granted a 3.82% dividend yield in the last twelve months. The annual payout for that period amounted to $1.22 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.22 | $1.22 | $2.73 | $3.10 | $3.48 | $2.00 | $4.41 | $1.98 | $0.73 | $3.34 | $5.43 | $2.95 |
Dividend yield | 3.82% | 4.25% | 11.85% | 10.19% | 13.61% | 8.08% | 21.66% | 8.10% | 3.56% | 17.25% | 24.26% | 11.82% |
Monthly Dividends
The table displays the monthly dividend distributions for GMO Quality Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $1.17 | $1.22 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.72 | $0.00 | $0.00 | $0.00 | $0.00 | $2.01 | $2.73 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.00 | $0.00 | $2.54 | $3.10 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.87 | $0.00 | $0.00 | $0.00 | $0.00 | $2.61 | $3.48 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.00 | $0.00 | $1.70 | $2.00 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.07 | $0.00 | $0.00 | $0.00 | $0.00 | $3.34 | $4.41 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.00 | $0.00 | $1.73 | $1.98 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.73 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.49 | $0.00 | $0.00 | $0.00 | $0.00 | $1.85 | $3.34 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.70 | $0.00 | $0.00 | $0.00 | $0.00 | $2.73 | $5.43 |
| 2013 | $0.41 | $0.00 | $0.00 | $0.00 | $0.00 | $2.54 | $2.95 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the GMO Quality 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 Quality Fund was 39.99%, occurring on Mar 9, 2009. Recovery took 538 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.99% | Nov 1, 2007 | 338 | Mar 9, 2009 | 538 | Apr 26, 2011 | 876 |
| -30.44% | Feb 20, 2020 | 23 | Mar 23, 2020 | 97 | Aug 10, 2020 | 120 |
| -24.22% | Jan 4, 2022 | 195 | Oct 12, 2022 | 167 | Jun 13, 2023 | 362 |
| -16.88% | Oct 2, 2018 | 58 | Dec 24, 2018 | 59 | Mar 21, 2019 | 117 |
| -11.98% | Jul 25, 2011 | 13 | Aug 10, 2011 | 55 | Oct 27, 2011 | 68 |
Volatility
Volatility Chart
The current GMO Quality Fund volatility is 2.83%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.