GIMFX vs. GUSTX
Compare and contrast key facts about GMO Implementation Fund (GIMFX) and GMO U.S. Treasury Fund (GUSTX).
GIMFX is managed by GMO. It was launched on Feb 29, 2012. GUSTX is managed by GMO. It was launched on Mar 16, 2009.
Performance
GIMFX vs. GUSTX - Performance Comparison
Loading graphics...
GIMFX vs. GUSTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GIMFX GMO Implementation Fund | 4.96% | 25.37% | 2.67% | 14.75% | -1.24% | 4.05% | -7.25% | 13.24% | -5.58% | 14.09% |
GUSTX GMO U.S. Treasury Fund | 0.51% | 4.45% | 2.21% | 2.52% | -0.73% | -0.06% | 0.89% | 0.14% | -79.59% | 0.43% |
Returns By Period
In the year-to-date period, GIMFX achieves a 4.96% return, which is significantly higher than GUSTX's 0.51% return. Over the past 10 years, GIMFX has outperformed GUSTX with an annualized return of 6.46%, while GUSTX has yielded a comparatively lower -13.82% annualized return.
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%
GUSTX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.51%
- 6M
- 1.51%
- 1Y
- 3.69%
- 3Y*
- 3.15%
- 5Y*
- 1.76%
- 10Y*
- -13.82%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GIMFX vs. GUSTX - Expense Ratio Comparison
GIMFX has a 0.02% expense ratio, which is higher than GUSTX's 0.01% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
GIMFX vs. GUSTX — Risk / Return Rank
GIMFX
GUSTX
GIMFX vs. GUSTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Implementation Fund (GIMFX) and GMO U.S. Treasury Fund (GUSTX). 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.
| GIMFX | GUSTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.85 | 3.37 | -0.52 |
Sortino ratioReturn per unit of downside risk | 3.70 | 11.88 | -8.18 |
Omega ratioGain probability vs. loss probability | 1.57 | 7.72 | -6.15 |
Calmar ratioReturn relative to maximum drawdown | 3.48 | 20.50 | -17.01 |
Martin ratioReturn relative to average drawdown | 13.93 | 59.51 | -45.59 |
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
| GIMFX | GUSTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.85 | 3.37 | -0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.01 | 1.03 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | -0.55 | +1.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | -0.44 | +1.08 |
Correlation
The correlation between GIMFX and GUSTX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
GIMFX vs. GUSTX - Dividend Comparison
GIMFX's dividend yield for the trailing twelve months is around 4.07%, more than GUSTX's 3.62% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
GUSTX GMO U.S. Treasury Fund | 3.62% | 4.15% | 1.98% | 2.28% | 0.26% | 0.14% | 0.09% | 0.14% | 8.96% | 0.50% | 0.05% | 0.04% |
Drawdowns
GIMFX vs. GUSTX - Drawdown Comparison
The maximum GIMFX drawdown since its inception was -25.87%, smaller than the maximum GUSTX drawdown of -79.98%. Use the drawdown chart below to compare losses from any high point for GIMFX and GUSTX.
Loading graphics...
Drawdown Indicators
| GIMFX | GUSTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.87% | -79.98% | +54.11% |
Max Drawdown (1Y)Largest decline over 1 year | -6.79% | -0.20% | -6.59% |
Max Drawdown (5Y)Largest decline over 5 years | -14.02% | -1.19% | -12.83% |
Max Drawdown (10Y)Largest decline over 10 years | -25.87% | -79.98% | +54.11% |
Current DrawdownCurrent decline from peak | -5.36% | -77.89% | +72.53% |
Average DrawdownAverage peak-to-trough decline | -4.33% | -35.60% | +31.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 0.07% | +1.68% |
Volatility
GIMFX vs. GUSTX - Volatility Comparison
GMO Implementation Fund (GIMFX) has a higher volatility of 3.70% compared to GMO U.S. Treasury Fund (GUSTX) at 0.29%. This indicates that GIMFX's price experiences larger fluctuations and is considered to be riskier than GUSTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GIMFX | GUSTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.70% | 0.29% | +3.41% |
Volatility (6M)Calculated over the trailing 6-month period | 5.81% | 0.83% | +4.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.81% | 1.27% | +7.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.46% | 1.73% | +6.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.93% | 25.44% | -16.51% |