GMCDX vs. EMTIX
GMCDX (GMO Emerging Country Debt Fund) and EMTIX (Transamerica Emerging Markets Debt Fund) are both Emerging Markets Bonds funds. Over the past 10 years, GMCDX returned 7.35%/yr vs 4.21%/yr for EMTIX. Their correlation of 0.82 means they have usually moved in the same direction. GMCDX charges 0.53%/yr vs 0.85%/yr for EMTIX.
Performance
GMCDX vs. EMTIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GMCDX achieves a 8.12% return, which is significantly higher than EMTIX's 4.59% return. Over the past 10 years, GMCDX has outperformed EMTIX with an annualized return of 7.35%, while EMTIX has yielded a comparatively lower 4.21% annualized return.
GMCDX
- 1D
- -0.41%
- 1M
- -1.06%
- 6M
- 4.10%
- YTD
- 8.12%
- 1Y
- 19.70%
- 3Y*
- 17.38%
- 5Y*
- 9.30%
- 10Y*
- 7.35%
- ALL TIME*
- 4.46%
EMTIX
- 1D
- 0.10%
- 1M
- -0.60%
- 6M
- 2.28%
- YTD
- 4.59%
- 1Y
- 11.91%
- 3Y*
- 9.11%
- 5Y*
- 3.60%
- 10Y*
- 4.21%
- ALL TIME*
- 4.80%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
GMCDX vs. EMTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GMCDX GMO Emerging Country Debt Fund | 8.12% | 22.34% | 13.39% | 17.63% | -16.30% | 6.56% | 7.25% | 14.28% | -5.89% | 12.49% |
EMTIX Transamerica Emerging Markets Debt Fund | 4.59% | 14.58% | 4.69% | 13.05% | -13.33% | -4.00% | 7.14% | 13.48% | -6.71% | 12.68% |
Correlation
The correlation between GMCDX and EMTIX is 0.83, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.83 |
Correlation (3Y) Balances recent behavior with more history. | 0.81 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.82 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2011 | 0.82 |
The correlation between GMCDX and EMTIX has been stable across timeframes, ranging from 0.81 to 0.83 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GMCDX vs. EMTIX — Risk / Return Rank
GMCDX
EMTIX
GMCDX vs. EMTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Emerging Country Debt Fund (GMCDX) and Transamerica Emerging Markets Debt Fund (EMTIX). 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.
| GMCDX | EMTIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.34 | ||
| Sortino ratioReturn per unit of downside risk | +2.93 | ||
| Omega ratioGain probability vs. loss probability | 1.89 | 1.49 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 5.14 | 2.57 | +2.57 |
| Martin ratioReturn relative to average drawdown | 21.50 | 10.59 | +10.92 |
Loading charts...
Drawdowns
GMCDX vs. EMTIX - Drawdown Comparison
The maximum GMCDX drawdown since its inception was -68.24%, which is greater than EMTIX's maximum drawdown of -25.28%. Use the drawdown chart below to compare losses from any high point for GMCDX and EMTIX.
Loading charts...
Drawdown Indicators
| GMCDX | EMTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.24% | -25.28% | -42.96% |
Max Drawdown (1Y)Largest decline over 1 year | -3.85% | -4.69% | +0.84% |
Max Drawdown (3Y)Largest decline over 3 years | -9.00% | -5.30% | -3.70% |
Max Drawdown (5Y)Largest decline over 5 years | -26.02% | -25.28% | -0.74% |
Max Drawdown (10Y)Largest decline over 10 years | -26.02% | -25.28% | -0.74% |
Current DrawdownCurrent decline from peak | -1.46% | -1.27% | -0.19% |
Average DrawdownAverage peak-to-trough decline | -17.57% | -4.85% | -12.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 1.14% | -0.22% |
Volatility
GMCDX vs. EMTIX - Volatility Comparison
The current volatility for GMO Emerging Country Debt Fund (GMCDX) is 0.99%, while Transamerica Emerging Markets Debt Fund (EMTIX) has a volatility of 1.21%. This indicates that GMCDX experiences smaller price fluctuations and is considered to be less risky than EMTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GMCDX | EMTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.99% | 1.21% | -0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 4.00% | 4.40% | -0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.29% | 5.04% | +0.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.22% | 5.80% | +5.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.30% | 6.52% | +2.78% |
GMCDX vs. EMTIX - Expense Ratio Comparison
GMCDX has a 0.53% expense ratio, which is lower than EMTIX's 0.85% expense ratio.
Dividends
GMCDX vs. EMTIX - Dividend Comparison
GMCDX's dividend yield for the trailing twelve months is around 4.52%, less than EMTIX's 5.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMTIX Transamerica Emerging Markets Debt Fund | 5.90% | 5.77% | 6.98% | 5.11% | 4.16% | 4.03% | 2.02% | 4.80% | 3.27% | 5.10% | 3.48% | 4.30% |
GMCDX GMO Emerging Country Debt Fund | 4.52% | 6.27% | 6.88% | 10.26% | 13.73% | 17.75% | 9.66% | 6.60% | 7.76% | 7.06% | 6.00% | 2.50% |
Frequently Asked Questions
GMCDX and EMTIX 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.
EMTIX has higher volatility (1.21%) compared to GMCDX (0.99%). In terms of maximum drawdown, GMCDX dropped -68.24% vs EMTIX's -25.28%.
GMCDX currently has the higher Sharpe Ratio (3.74 vs 2.40), 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.
Find the right allocation for GMCDX and EMTIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer