BDOIX vs. GIOTX
BDOIX (iShares MSCI Total International Index Fund) and GIOTX (GMO International Developed Equity Allocation Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, BDOIX returned 9.35%/yr vs 12.10%/yr for GIOTX. Their correlation of 0.95 suggests significant overlap in exposure. BDOIX charges 0.15%/yr vs 0.00%/yr for GIOTX.
Performance
BDOIX vs. GIOTX - Performance Comparison
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Returns By Period
In the year-to-date period, BDOIX achieves a 13.85% return, which is significantly lower than GIOTX's 19.22% return. Over the past 10 years, BDOIX has underperformed GIOTX with an annualized return of 9.35%, while GIOTX has yielded a comparatively higher 12.10% annualized return.
BDOIX
- 1D
- 0.50%
- 1M
- -1.19%
- 6M
- 9.24%
- YTD
- 13.85%
- 1Y
- 27.78%
- 3Y*
- 17.61%
- 5Y*
- 8.88%
- 10Y*
- 9.35%
GIOTX
- 1D
- 0.64%
- 1M
- 0.17%
- 6M
- 14.56%
- YTD
- 19.22%
- 1Y
- 40.94%
- 3Y*
- 26.10%
- 5Y*
- 15.03%
- 10Y*
- 12.10%
BDOIX vs. GIOTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BDOIX iShares MSCI Total International Index Fund | 13.85% | 32.57% | 5.19% | 15.25% | -16.39% | 7.59% | 10.72% | 21.19% | -13.94% | 26.33% |
GIOTX GMO International Developed Equity Allocation Fund | 19.22% | 43.70% | 10.66% | 21.03% | -12.41% | 11.14% | 7.43% | 24.45% | -19.66% | 26.38% |
Correlation
The correlation between BDOIX and GIOTX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2011 | 0.95 |
The correlation between BDOIX and GIOTX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.
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Return for Risk
BDOIX vs. GIOTX — Risk / Return Rank
BDOIX
GIOTX
BDOIX vs. GIOTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Total International Index Fund (BDOIX) and GMO International Developed Equity Allocation Fund (GIOTX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BDOIX | GIOTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.87 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.47 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 3.93 | -1.45 |
| Martin ratioReturn relative to average drawdown | 9.39 | 15.19 | -5.81 |
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Drawdowns
BDOIX vs. GIOTX - Drawdown Comparison
The maximum BDOIX drawdown since its inception was -35.10%, smaller than the maximum GIOTX drawdown of -56.51%. Use the drawdown chart below to compare losses from any high point for BDOIX and GIOTX.
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Drawdown Indicators
| BDOIX | GIOTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.10% | -56.51% | +21.41% |
Max Drawdown (1Y)Largest decline over 1 year | -11.37% | -10.66% | -0.71% |
Max Drawdown (3Y)Largest decline over 3 years | -13.49% | -13.40% | -0.09% |
Max Drawdown (5Y)Largest decline over 5 years | -30.01% | -28.34% | -1.67% |
Max Drawdown (10Y)Largest decline over 10 years | -35.10% | -39.29% | +4.19% |
Current DrawdownCurrent decline from peak | -2.35% | -0.31% | -2.04% |
Average DrawdownAverage peak-to-trough decline | -8.45% | -14.16% | +5.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 2.75% | +0.25% |
Volatility
BDOIX vs. GIOTX - Volatility Comparison
iShares MSCI Total International Index Fund (BDOIX) has a higher volatility of 5.63% compared to GMO International Developed Equity Allocation Fund (GIOTX) at 4.59%. This indicates that BDOIX's price experiences larger fluctuations and is considered to be riskier than GIOTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BDOIX | GIOTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.63% | 4.59% | +1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 14.28% | 13.25% | +1.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.23% | 16.08% | +0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.74% | 15.52% | +0.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.07% | 16.14% | -0.07% |
BDOIX vs. GIOTX - Expense Ratio Comparison
BDOIX has a 0.15% expense ratio, which is higher than GIOTX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
BDOIX vs. GIOTX - Dividend Comparison
BDOIX's dividend yield for the trailing twelve months is around 2.63%, less than GIOTX's 8.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDOIX iShares MSCI Total International Index Fund | 2.63% | 3.08% | 2.89% | 2.99% | 2.91% | 3.07% | 2.00% | 3.08% | 3.33% | 1.83% | 3.57% | 3.94% |
GIOTX GMO International Developed Equity Allocation Fund | 8.54% | 8.04% | 5.07% | 6.54% | 4.45% | 6.67% | 4.48% | 3.74% | 3.90% | 3.15% | 4.04% | 3.39% |
Frequently Asked Questions
With a correlation of 0.91, BDOIX and GIOTX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
BDOIX has higher volatility (5.63%) compared to GIOTX (4.59%). In terms of maximum drawdown, BDOIX dropped -35.10% vs GIOTX's -56.51%.
GIOTX currently has the higher Sharpe Ratio (2.61 vs 1.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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