GCCHX vs. GABFX
Compare and contrast key facts about GMO Climate Change Fund (GCCHX) and GMO Asset Allocation Bond Fund (GABFX).
GCCHX is managed by GMO. It was launched on Apr 4, 2017. GABFX is managed by GMO. It was launched on Mar 17, 2009.
Performance
GCCHX vs. GABFX - Performance Comparison
Loading graphics...
GCCHX vs. GABFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GCCHX GMO Climate Change Fund | 10.71% | 39.25% | -25.63% | -6.85% | -10.39% | 21.84% | 42.82% | 27.36% | -16.35% | 26.15% |
GABFX GMO Asset Allocation Bond Fund | -0.91% | 8.82% | -12.60% | 8.33% | -14.86% | 1.34% | 11.28% | 8.00% | 0.78% | 0.67% |
Returns By Period
In the year-to-date period, GCCHX achieves a 10.71% return, which is significantly higher than GABFX's -0.91% return.
GCCHX
- 1D
- 3.85%
- 1M
- -2.15%
- YTD
- 10.71%
- 6M
- 17.26%
- 1Y
- 69.04%
- 3Y*
- 0.26%
- 5Y*
- 1.25%
- 10Y*
- —
GABFX
- 1D
- 0.22%
- 1M
- -2.99%
- YTD
- -0.91%
- 6M
- -1.17%
- 1Y
- -0.47%
- 3Y*
- -1.06%
- 5Y*
- -2.21%
- 10Y*
- 0.78%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GCCHX vs. GABFX - Expense Ratio Comparison
GCCHX has a 0.77% expense ratio, which is higher than GABFX's 0.32% expense ratio.
Return for Risk
GCCHX vs. GABFX — Risk / Return Rank
GCCHX
GABFX
GCCHX vs. GABFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Climate Change Fund (GCCHX) and GMO Asset Allocation Bond Fund (GABFX). 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.
| GCCHX | GABFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.55 | 0.09 | +2.46 |
Sortino ratioReturn per unit of downside risk | 3.20 | 0.22 | +2.98 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.03 | +0.40 |
Calmar ratioReturn relative to maximum drawdown | 4.57 | 0.13 | +4.44 |
Martin ratioReturn relative to average drawdown | 16.21 | 0.28 | +15.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GCCHX | GABFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.55 | 0.09 | +2.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | -0.16 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.08 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.16 | +0.22 |
Correlation
The correlation between GCCHX and GABFX is 0.02, 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
GCCHX vs. GABFX - Dividend Comparison
GCCHX's dividend yield for the trailing twelve months is around 1.36%, less than GABFX's 2.71% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCCHX GMO Climate Change Fund | 1.36% | 1.51% | 0.66% | 0.96% | 2.24% | 25.43% | 5.42% | 4.03% | 2.62% | 3.43% | 0.00% | 0.00% |
GABFX GMO Asset Allocation Bond Fund | 2.71% | 2.69% | 4.19% | 5.03% | 0.71% | 1.81% | 1.20% | 4.72% | 5.13% | 1.07% | 0.00% | 7.43% |
Drawdowns
GCCHX vs. GABFX - Drawdown Comparison
The maximum GCCHX drawdown since its inception was -54.32%, which is greater than GABFX's maximum drawdown of -27.84%. Use the drawdown chart below to compare losses from any high point for GCCHX and GABFX.
Loading graphics...
Drawdown Indicators
| GCCHX | GABFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.32% | -27.84% | -26.48% |
Max Drawdown (1Y)Largest decline over 1 year | -14.89% | -11.04% | -3.85% |
Max Drawdown (5Y)Largest decline over 5 years | -54.32% | -27.84% | -26.48% |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.84% | — |
Current DrawdownCurrent decline from peak | -9.81% | -15.18% | +5.37% |
Average DrawdownAverage peak-to-trough decline | -14.11% | -7.20% | -6.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.20% | 5.04% | -0.84% |
Volatility
GCCHX vs. GABFX - Volatility Comparison
GMO Climate Change Fund (GCCHX) has a higher volatility of 9.28% compared to GMO Asset Allocation Bond Fund (GABFX) at 3.44%. This indicates that GCCHX's price experiences larger fluctuations and is considered to be riskier than GABFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GCCHX | GABFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.28% | 3.44% | +5.84% |
Volatility (6M)Calculated over the trailing 6-month period | 17.44% | 6.72% | +10.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.93% | 13.20% | +14.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.92% | 13.92% | +13.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.23% | 10.28% | +14.95% |