FGIAX vs. GWOAX
Compare and contrast key facts about Nuveen Global Infrastructure Fund Class A (FGIAX) and GMO Global Developed Equity Allocation Fund (GWOAX).
FGIAX is a passively managed fund by Nuveen that tracks the performance of the S&P Global Infrastructure Index NR. It was launched on Dec 17, 2007. GWOAX is managed by GMO. It was launched on Jun 15, 2005.
Performance
FGIAX vs. GWOAX - Performance Comparison
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FGIAX vs. GWOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FGIAX Nuveen Global Infrastructure Fund Class A | 10.36% | 17.73% | 10.70% | 8.51% | -6.23% | 14.51% | -2.76% | 29.32% | -7.91% | 19.40% |
GWOAX GMO Global Developed Equity Allocation Fund | 3.10% | 28.37% | 6.14% | 22.49% | -14.10% | 18.53% | 10.53% | 26.56% | -12.95% | 25.63% |
Returns By Period
In the year-to-date period, FGIAX achieves a 10.36% return, which is significantly higher than GWOAX's 3.10% return. Over the past 10 years, FGIAX has underperformed GWOAX with an annualized return of 8.78%, while GWOAX has yielded a comparatively higher 11.04% annualized return.
FGIAX
- 1D
- 0.76%
- 1M
- -2.77%
- YTD
- 10.36%
- 6M
- 10.94%
- 1Y
- 21.22%
- 3Y*
- 14.32%
- 5Y*
- 10.46%
- 10Y*
- 8.78%
GWOAX
- 1D
- 2.74%
- 1M
- -5.28%
- YTD
- 3.10%
- 6M
- 9.71%
- 1Y
- 28.87%
- 3Y*
- 17.19%
- 5Y*
- 9.50%
- 10Y*
- 11.04%
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FGIAX vs. GWOAX - Expense Ratio Comparison
FGIAX has a 1.21% expense ratio, which is higher than GWOAX's 0.01% expense ratio.
Return for Risk
FGIAX vs. GWOAX — Risk / Return Rank
FGIAX
GWOAX
FGIAX vs. GWOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Global Infrastructure Fund Class A (FGIAX) and GMO Global Developed Equity Allocation Fund (GWOAX). 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.
| FGIAX | GWOAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.79 | 1.83 | -0.03 |
Sortino ratioReturn per unit of downside risk | 2.30 | 2.51 | -0.21 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.37 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.73 | 2.52 | +0.22 |
Martin ratioReturn relative to average drawdown | 12.62 | 11.23 | +1.39 |
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
| FGIAX | GWOAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.79 | 1.83 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.63 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.67 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.44 | -0.02 |
Correlation
The correlation between FGIAX and GWOAX is 0.80, 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
FGIAX vs. GWOAX - Dividend Comparison
FGIAX's dividend yield for the trailing twelve months is around 9.05%, more than GWOAX's 4.33% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGIAX Nuveen Global Infrastructure Fund Class A | 9.05% | 9.99% | 7.46% | 2.27% | 6.11% | 7.20% | 1.38% | 7.06% | 6.32% | 5.83% | 8.23% | 3.05% |
GWOAX GMO Global Developed Equity Allocation Fund | 4.33% | 4.46% | 0.60% | 6.10% | 7.27% | 12.75% | 3.85% | 4.33% | 3.02% | 3.05% | 6.43% | 12.47% |
Drawdowns
FGIAX vs. GWOAX - Drawdown Comparison
The maximum FGIAX drawdown since its inception was -49.35%, roughly equal to the maximum GWOAX drawdown of -49.84%. Use the drawdown chart below to compare losses from any high point for FGIAX and GWOAX.
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Drawdown Indicators
| FGIAX | GWOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.35% | -49.84% | +0.49% |
Max Drawdown (1Y)Largest decline over 1 year | -8.29% | -11.43% | +3.14% |
Max Drawdown (5Y)Largest decline over 5 years | -21.08% | -26.21% | +5.13% |
Max Drawdown (10Y)Largest decline over 10 years | -38.02% | -35.28% | -2.74% |
Current DrawdownCurrent decline from peak | -3.06% | -6.28% | +3.22% |
Average DrawdownAverage peak-to-trough decline | -7.22% | -9.06% | +1.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 2.56% | -0.77% |
Volatility
FGIAX vs. GWOAX - Volatility Comparison
The current volatility for Nuveen Global Infrastructure Fund Class A (FGIAX) is 4.15%, while GMO Global Developed Equity Allocation Fund (GWOAX) has a volatility of 5.89%. This indicates that FGIAX experiences smaller price fluctuations and is considered to be less risky than GWOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGIAX | GWOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 5.89% | -1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 7.07% | 9.70% | -2.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.28% | 15.92% | -3.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.08% | 15.21% | -2.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.17% | 16.48% | -1.31% |