GABFX vs. GIMFX
Compare and contrast key facts about GMO Asset Allocation Bond Fund (GABFX) and GMO Implementation Fund (GIMFX).
GABFX is managed by GMO. It was launched on Mar 17, 2009. GIMFX is managed by GMO. It was launched on Feb 29, 2012.
Performance
GABFX vs. GIMFX - Performance Comparison
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GABFX vs. GIMFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GABFX GMO Asset Allocation Bond Fund | -1.12% | 8.82% | -12.60% | 8.33% | -14.86% | 1.34% | 11.28% | 8.00% | 0.78% | 2.41% |
GIMFX GMO Implementation Fund | 4.96% | 25.37% | 2.67% | 14.75% | -1.24% | 4.05% | -7.25% | 13.24% | -5.58% | 14.09% |
Returns By Period
In the year-to-date period, GABFX achieves a -1.12% return, which is significantly lower than GIMFX's 4.96% return. Over the past 10 years, GABFX has underperformed GIMFX with an annualized return of 0.76%, while GIMFX has yielded a comparatively higher 6.46% annualized return.
GABFX
- 1D
- 1.43%
- 1M
- -4.35%
- YTD
- -1.12%
- 6M
- -0.76%
- 1Y
- 0.95%
- 3Y*
- -1.13%
- 5Y*
- -2.21%
- 10Y*
- 0.76%
GIMFX
- 1D
- 0.25%
- 1M
- -5.36%
- YTD
- 4.96%
- 6M
- 11.65%
- 1Y
- 25.30%
- 3Y*
- 14.62%
- 5Y*
- 8.53%
- 10Y*
- 6.46%
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GABFX vs. GIMFX - Expense Ratio Comparison
GABFX has a 0.32% expense ratio, which is higher than GIMFX's 0.02% expense ratio.
Return for Risk
GABFX vs. GIMFX — Risk / Return Rank
GABFX
GIMFX
GABFX vs. GIMFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Asset Allocation Bond Fund (GABFX) and GMO Implementation Fund (GIMFX). 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.
| GABFX | GIMFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.09 | 2.85 | -2.76 |
Sortino ratioReturn per unit of downside risk | 0.22 | 3.70 | -3.48 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.57 | -0.54 |
Calmar ratioReturn relative to maximum drawdown | 0.30 | 3.48 | -3.19 |
Martin ratioReturn relative to average drawdown | 0.65 | 13.93 | -13.28 |
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
| GABFX | GIMFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.09 | 2.85 | -2.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | 1.01 | -1.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.07 | 0.73 | -0.65 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.64 | -0.49 |
Correlation
The correlation between GABFX and GIMFX is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
GABFX vs. GIMFX - Dividend Comparison
GABFX's dividend yield for the trailing twelve months is around 2.72%, less than GIMFX's 4.07% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABFX GMO Asset Allocation Bond Fund | 2.72% | 2.69% | 4.19% | 5.03% | 0.71% | 1.81% | 1.20% | 4.72% | 5.13% | 1.07% | 0.00% | 7.43% |
GIMFX GMO Implementation Fund | 4.07% | 4.28% | 3.39% | 5.93% | 3.59% | 3.28% | 2.25% | 3.99% | 4.59% | 2.95% | 1.98% | 0.00% |
Drawdowns
GABFX vs. GIMFX - Drawdown Comparison
The maximum GABFX drawdown since its inception was -27.84%, which is greater than GIMFX's maximum drawdown of -25.87%. Use the drawdown chart below to compare losses from any high point for GABFX and GIMFX.
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Drawdown Indicators
| GABFX | GIMFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.84% | -25.87% | -1.97% |
Max Drawdown (1Y)Largest decline over 1 year | -11.04% | -6.79% | -4.25% |
Max Drawdown (5Y)Largest decline over 5 years | -27.84% | -14.02% | -13.82% |
Max Drawdown (10Y)Largest decline over 10 years | -27.84% | -25.87% | -1.97% |
Current DrawdownCurrent decline from peak | -15.37% | -5.36% | -10.01% |
Average DrawdownAverage peak-to-trough decline | -7.20% | -4.33% | -2.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.03% | 1.75% | +3.28% |
Volatility
GABFX vs. GIMFX - Volatility Comparison
GMO Asset Allocation Bond Fund (GABFX) and GMO Implementation Fund (GIMFX) have volatilities of 3.57% and 3.70%, 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.
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Volatility by Period
| GABFX | GIMFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.57% | 3.70% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 6.77% | 5.81% | +0.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.22% | 8.81% | +4.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.92% | 8.46% | +5.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.28% | 8.93% | +1.35% |