FUSIX vs. GIOTX

Last updated Jul 15, 2026

FUSIX (Strategic Advisers Fidelity International Fund) and GIOTX (GMO International Developed Equity Allocation Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, FUSIX returned 9.84%/yr vs 11.91%/yr for GIOTX. Their correlation of 0.94 suggests significant overlap in exposure. FUSIX charges 0.54%/yr vs 0.00%/yr for GIOTX.

Performance

FUSIX vs. GIOTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategic Advisers Fidelity International Fund (FUSIX) and GMO International Developed Equity Allocation Fund (GIOTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FUSIX achieves a 9.45% return, which is significantly lower than GIOTX's 17.22% return. Over the past 10 years, FUSIX has underperformed GIOTX with an annualized return of 9.84%, while GIOTX has yielded a comparatively higher 11.91% annualized return.

FUSIX

• 1D: -1.16%
• 1M: -0.37%
• 6M: 6.28%
• YTD: 9.45%
• 1Y: 19.56%
• 3Y*: 16.12%
• 5Y*: 8.53%
• 10Y*: 9.84%

GIOTX

• 1D: -0.83%
• 1M: -0.97%
• 6M: 13.93%
• YTD: 17.22%
• 1Y: 37.52%
• 3Y*: 25.39%
• 5Y*: 14.25%
• 10Y*: 11.91%

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

FUSIX vs. GIOTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FUSIX Strategic Advisers Fidelity International Fund	9.45%	31.20%	5.62%	18.15%	-17.74%	12.47%	13.24%	25.60%	-14.52%	27.73%
GIOTX GMO International Developed Equity Allocation Fund	17.22%	43.70%	10.66%	21.03%	-12.41%	11.14%	7.43%	24.45%	-19.66%	26.38%

Correlation

The correlation between FUSIX and GIOTX is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Mar 9, 2007	0.94

The correlation between FUSIX and GIOTX shifts across timeframes, from 0.83 (1 year) to 0.94 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FUSIX vs. GIOTX — Risk / Return Rank

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

FUSIX

FUSIX Risk / Return Rank: 40
FUSIX Sharpe Ratio Rank: 37
FUSIX Sortino Ratio Rank: 39
FUSIX Omega Ratio Rank: 37
FUSIX Calmar Ratio Rank: 44
FUSIX Martin Ratio Rank: 44

GIOTX

GIOTX Risk / Return Rank: 87
GIOTX Sharpe Ratio Rank: 88
GIOTX Sortino Ratio Rank: 85
GIOTX Omega Ratio Rank: 83
GIOTX Calmar Ratio Rank: 89
GIOTX Martin Ratio Rank: 90

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.

FUSIX vs. GIOTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategic Advisers Fidelity International Fund (FUSIX) 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.

	FUSIX	GIOTX	Difference
Sharpe ratio: Return per unit of total volatility	1.33	2.35	-1.02
Sortino ratio: Return per unit of downside risk	2.00	3.23	-1.23
Omega ratio: Gain probability vs. loss probability	1.25	1.43	-0.18
Calmar ratio: Return relative to maximum drawdown	2.02	3.54	-1.52
Martin ratio: Return relative to average drawdown	7.38	13.69	-6.31

FUSIX vs. GIOTX - Sharpe Ratio Comparison

The current FUSIX Sharpe Ratio is 1.33, which is lower than the GIOTX Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of FUSIX and GIOTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FUSIX vs. GIOTX - Drawdown Comparison

The maximum FUSIX drawdown since its inception was -64.42%, which is greater than GIOTX's maximum drawdown of -56.51%. Use the drawdown chart below to compare losses from any high point for FUSIX and GIOTX.

Drawdown Indicators

	FUSIX	GIOTX	Difference
Max Drawdown Largest peak-to-trough decline	-64.42%	-56.51%	-7.91%
Max Drawdown (1Y) Largest decline over 1 year	-10.77%	-10.66%	-0.11%
Max Drawdown (3Y) Largest decline over 3 years	-13.81%	-13.40%	-0.41%
Max Drawdown (5Y) Largest decline over 5 years	-31.34%	-28.34%	-3.00%
Max Drawdown (10Y) Largest decline over 10 years	-31.96%	-39.29%	+7.33%
Current Drawdown Current decline from peak	-2.59%	-1.98%	-0.61%
Average Drawdown Average peak-to-trough decline	-15.97%	-14.17%	-1.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	2.75%	+0.01%

Volatility

FUSIX vs. GIOTX - Volatility Comparison

Strategic Advisers Fidelity International Fund (FUSIX) and GMO International Developed Equity Allocation Fund (GIOTX) have volatilities of 5.48% and 5.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FUSIX	GIOTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.48%	5.44%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	13.34%	13.23%	+0.11%
Volatility (1Y) Calculated over the trailing 1-year period	16.34%	16.08%	+0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.48%	15.52%	+0.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.05%	16.14%	-0.09%

FUSIX vs. GIOTX - Expense Ratio Comparison

FUSIX has a 0.54% expense ratio, which is higher than GIOTX's 0.00% expense ratio.

Dividends

FUSIX vs. GIOTX - Dividend Comparison

FUSIX's dividend yield for the trailing twelve months is around 4.55%, less than GIOTX's 8.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FUSIX Strategic Advisers Fidelity International Fund	4.55%	3.02%	3.40%	2.43%	4.71%	5.83%	1.25%	3.05%	3.78%	2.03%	1.78%	1.46%
GIOTX GMO International Developed Equity Allocation Fund	8.69%	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

Can I hold both FUSIX and GIOTX in my portfolio?

FUSIX and GIOTX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FUSIX or GIOTX?

FUSIX has higher volatility (5.48%) compared to GIOTX (5.44%). In terms of maximum drawdown, FUSIX dropped -64.42% vs GIOTX's -56.51%.

Which has better risk-adjusted returns?

GIOTX currently has the higher Sharpe Ratio (2.35 vs 1.33), 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.