APPLX vs. GBFFX

Last updated Apr 1, 2026

Compare and contrast key facts about Appleseed Fund (APPLX) and GMO Benchmark-Free Fund (GBFFX).

APPLX is managed by Appleseed Fund. It was launched on Dec 7, 2006. GBFFX is managed by GMO. It was launched on Jun 14, 2011.

Performance

APPLX vs. GBFFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Appleseed Fund (APPLX) and GMO Benchmark-Free Fund (GBFFX). The values are adjusted to include any dividend payments, if applicable.

APPLX vs. GBFFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
APPLX Appleseed Fund	1.14%	25.79%	6.38%	9.39%	-19.53%	20.71%	7.49%	15.68%	-3.40%	17.42%
GBFFX GMO Benchmark-Free Fund	4.66%	24.07%	0.40%	15.24%	-3.36%	4.38%	-3.35%	13.79%	-7.12%	17.06%

Returns By Period

APPLX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GBFFX

• 1D: 0.26%
• 1M: -4.58%
• YTD: 4.66%
• 6M: 11.31%
• 1Y: 23.15%
• 3Y*: 13.41%
• 5Y*: 7.34%
• 10Y*: 6.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

APPLX vs. GBFFX - Expense Ratio Comparison

APPLX has a 1.14% expense ratio, which is higher than GBFFX's 0.35% expense ratio.

APPLX

Appleseed Fund

GBFFX

GMO Benchmark-Free Fund

Return for Risk

APPLX vs. GBFFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GBFFX

GBFFX Risk / Return Rank: 97
GBFFX Sharpe Ratio Rank: 98
GBFFX Sortino Ratio Rank: 97
GBFFX Omega Ratio Rank: 96
GBFFX Calmar Ratio Rank: 96
GBFFX Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

APPLX vs. GBFFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Appleseed Fund (APPLX) and GMO Benchmark-Free Fund (GBFFX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	APPLX	GBFFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.90	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.92	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.64	—

Correlation

The correlation between APPLX and GBFFX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

APPLX vs. GBFFX - Dividend Comparison

APPLX's dividend yield for the trailing twelve months is around 46.50%, more than GBFFX's 4.89% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
APPLX Appleseed Fund	46.50%	22.94%	6.05%	1.95%	0.66%	6.09%	1.46%	2.68%	9.87%	1.09%	1.49%	2.54%
GBFFX GMO Benchmark-Free Fund	4.89%	5.11%	1.81%	5.72%	5.48%	4.60%	3.32%	4.00%	3.92%	2.90%	2.72%	6.67%

Drawdowns

Drawdown Indicators

	APPLX	GBFFX	Difference
Max Drawdown Largest peak-to-trough decline	—	-26.62%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-6.13%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.91%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-26.62%	—
Current Drawdown Current decline from peak	—	-4.58%	—
Average Drawdown Average peak-to-trough decline	—	-4.42%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.57%	—

Volatility

Volatility by Period

	APPLX	GBFFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.16%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.18%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	7.94%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	8.01%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	9.06%	—