EXUS.L vs. GMOIX

Last updated Jun 4, 2026

EXUS.L (Xtrackers MSCI World ex USA UCITS ETF 1C USD) and GMOIX (GMO International Equity Fund) are both funds - EXUS.L is a Global Equities fund tracking the MSCI World ex USA index, while GMOIX is a Foreign Large Cap Equities fund managed by GMO. Over the past year, EXUS.L returned 22.79% vs 43.74% for GMOIX. A 0.71 correlation means they provide meaningful diversification when combined. EXUS.L charges 0.15%/yr vs 0.66%/yr for GMOIX.

Performance

EXUS.L vs. GMOIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.L) and GMO International Equity Fund (GMOIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EXUS.L achieves a 8.61% return, which is significantly lower than GMOIX's 19.96% return.

EXUS.L

• 1D: -0.53%
• 1M: 3.48%
• YTD: 8.61%
• 6M: 11.84%
• 1Y: 22.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GMOIX

• 1D: 1.17%
• 1M: 6.62%
• YTD: 19.96%
• 6M: 22.58%
• 1Y: 43.74%
• 3Y*: 29.13%
• 5Y*: 14.89%
• 10Y*: 12.23%

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

EXUS.L vs. GMOIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EXUS.L Xtrackers MSCI World ex USA UCITS ETF 1C USD	8.61%	31.98%	1.23%
GMOIX GMO International Equity Fund	19.96%	43.94%	6.83%

Correlation

The correlation between EXUS.L and GMOIX is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (All Time) Calculated using the full available price history since Mar 7, 2024	0.71

The correlation between EXUS.L and GMOIX has been stable across timeframes, ranging from 0.71 to 0.73 - a consistent structural relationship.

Return for Risk

EXUS.L vs. GMOIX — Risk / Return Rank

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

EXUS.L

EXUS.L Risk / Return Rank: 44
EXUS.L Sharpe Ratio Rank: 43
EXUS.L Sortino Ratio Rank: 46
EXUS.L Omega Ratio Rank: 44
EXUS.L Calmar Ratio Rank: 42
EXUS.L Martin Ratio Rank: 46

GMOIX

GMOIX Risk / Return Rank: 76
GMOIX Sharpe Ratio Rank: 78
GMOIX Sortino Ratio Rank: 73
GMOIX Omega Ratio Rank: 70
GMOIX Calmar Ratio Rank: 80
GMOIX Martin Ratio Rank: 77

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.

EXUS.L vs. GMOIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.L) and GMO International Equity Fund (GMOIX). 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.

	EXUS.L	GMOIX	Difference
Sharpe ratio: Return per unit of total volatility	1.54	2.55	-1.01
Sortino ratio: Return per unit of downside risk	2.30	3.55	-1.25
Omega ratio: Gain probability vs. loss probability	1.29	1.47	-0.18
Calmar ratio: Return relative to maximum drawdown	2.10	3.65	-1.54
Martin ratio: Return relative to average drawdown	7.76	14.51	-6.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EXUS.L vs. GMOIX - Sharpe Ratio Comparison

The current EXUS.L Sharpe Ratio is 1.54, which is lower than the GMOIX Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of EXUS.L and GMOIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EXUS.L	GMOIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.54	2.55	-1.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.93	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.18	0.35	+0.82

Drawdowns

EXUS.L vs. GMOIX - Drawdown Comparison

The maximum EXUS.L drawdown since its inception was -12.85%, smaller than the maximum GMOIX drawdown of -59.00%. Use the drawdown chart below to compare losses from any high point for EXUS.L and GMOIX.

Drawdown Indicators

	EXUS.L	GMOIX	Difference
Max Drawdown Largest peak-to-trough decline	-12.85%	-59.00%	+46.15%
Max Drawdown (1Y) Largest decline over 1 year	-10.74%	-11.67%	+0.93%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.41%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.69%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.14%	—
Current Drawdown Current decline from peak	-0.92%	0.00%	-0.92%
Average Drawdown Average peak-to-trough decline	-2.36%	-12.91%	+10.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	2.93%	0.00%

Volatility

EXUS.L vs. GMOIX - Volatility Comparison

The current volatility for Xtrackers MSCI World ex USA UCITS ETF 1C USD (EXUS.L) is 4.34%, while GMO International Equity Fund (GMOIX) has a volatility of 5.34%. This indicates that EXUS.L experiences smaller price fluctuations and is considered to be less risky than GMOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EXUS.L	GMOIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.34%	5.34%	-1.00%
Volatility (6M) Calculated over the trailing 6-month period	12.23%	13.26%	-1.03%
Volatility (1Y) Calculated over the trailing 1-year period	14.64%	16.71%	-2.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.30%	16.18%	-0.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.30%	16.88%	-1.58%

EXUS.L vs. GMOIX - Expense Ratio Comparison

EXUS.L has a 0.15% expense ratio, which is lower than GMOIX's 0.66% expense ratio.

Dividends

EXUS.L vs. GMOIX - Dividend Comparison

EXUS.L has not paid dividends to shareholders, while GMOIX's dividend yield for the trailing twelve months is around 4.68%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EXUS.L Xtrackers MSCI World ex USA UCITS ETF 1C USD	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GMOIX GMO International Equity Fund	4.68%	5.62%	2.77%	7.54%	4.32%	6.40%	4.56%	3.49%	3.74%	3.11%	4.00%	3.26%

Frequently Asked Questions

Can I hold both EXUS.L and GMOIX in my portfolio?

EXUS.L and GMOIX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.