AGEYX vs. GMOQX
Compare and contrast key facts about American Beacon Developing World Income Fund Class Y (AGEYX) and GMO Emerging Country Debt Fund Class VI (GMOQX).
AGEYX is a passively managed fund by American Beacon that tracks the performance of the JPMorgan® EMBI Global Diversified Index. It was launched on Feb 25, 2014. GMOQX is an actively managed fund by GMO. It was launched on Apr 19, 1994.
Performance
AGEYX vs. GMOQX - Performance Comparison
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AGEYX vs. GMOQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AGEYX American Beacon Developing World Income Fund Class Y | 1.32% | 19.15% | 15.85% | 13.10% | -12.62% | 0.24% |
GMOQX GMO Emerging Country Debt Fund Class VI | 2.32% | 22.45% | 12.60% | 17.76% | -16.26% | -2.20% |
Returns By Period
In the year-to-date period, AGEYX achieves a 1.32% return, which is significantly lower than GMOQX's 2.32% return.
AGEYX
- 1D
- -0.26%
- 1M
- -2.20%
- YTD
- 1.32%
- 6M
- 6.93%
- 1Y
- 18.28%
- 3Y*
- 16.20%
- 5Y*
- 8.01%
- 10Y*
- 7.74%
GMOQX
- 1D
- 0.31%
- 1M
- -2.50%
- YTD
- 2.32%
- 6M
- 8.47%
- 1Y
- 20.48%
- 3Y*
- 17.70%
- 5Y*
- —
- 10Y*
- —
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AGEYX vs. GMOQX - Expense Ratio Comparison
AGEYX has a 1.14% expense ratio, which is higher than GMOQX's 0.51% expense ratio.
Return for Risk
AGEYX vs. GMOQX — Risk / Return Rank
AGEYX
GMOQX
AGEYX vs. GMOQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon Developing World Income Fund Class Y (AGEYX) and GMO Emerging Country Debt Fund Class VI (GMOQX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AGEYX | GMOQX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.99 | 3.14 | +0.85 |
Sortino ratioReturn per unit of downside risk | 5.48 | 4.57 | +0.91 |
Omega ratioGain probability vs. loss probability | 2.05 | 1.75 | +0.30 |
Calmar ratioReturn relative to maximum drawdown | 4.43 | 3.59 | +0.84 |
Martin ratioReturn relative to average drawdown | 21.23 | 18.03 | +3.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AGEYX | GMOQX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.99 | 3.14 | +0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.57 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.55 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.30 | 0.63 | +0.67 |
Correlation
The correlation between AGEYX and GMOQX is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
AGEYX vs. GMOQX - Dividend Comparison
AGEYX's dividend yield for the trailing twelve months is around 9.17%, more than GMOQX's 6.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGEYX American Beacon Developing World Income Fund Class Y | 9.17% | 9.99% | 12.16% | 9.64% | 7.50% | 7.90% | 7.34% | 8.61% | 9.88% | 7.30% | 8.43% | 7.03% |
GMOQX GMO Emerging Country Debt Fund Class VI | 6.23% | 6.37% | 6.23% | 10.36% | 13.87% | 7.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AGEYX vs. GMOQX - Drawdown Comparison
The maximum AGEYX drawdown since its inception was -22.24%, smaller than the maximum GMOQX drawdown of -31.41%. Use the drawdown chart below to compare losses from any high point for AGEYX and GMOQX.
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Drawdown Indicators
| AGEYX | GMOQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.24% | -31.41% | +9.17% |
Max Drawdown (1Y)Largest decline over 1 year | -3.45% | -5.66% | +2.21% |
Max Drawdown (5Y)Largest decline over 5 years | -22.24% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -22.24% | — | — |
Current DrawdownCurrent decline from peak | -3.40% | -3.53% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -3.59% | -10.04% | +6.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.86% | 1.14% | -0.28% |
Volatility
AGEYX vs. GMOQX - Volatility Comparison
The current volatility for American Beacon Developing World Income Fund Class Y (AGEYX) is 1.63%, while GMO Emerging Country Debt Fund Class VI (GMOQX) has a volatility of 2.28%. This indicates that AGEYX experiences smaller price fluctuations and is considered to be less risky than GMOQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGEYX | GMOQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.63% | 2.28% | -0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 2.85% | 3.93% | -1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.64% | 6.71% | -2.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.12% | 11.00% | -5.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.00% | 11.00% | -6.00% |