GMCDX vs. GMOIX
Compare and contrast key facts about GMO Emerging Country Debt Fund (GMCDX) and GMO International Equity Fund (GMOIX).
GMCDX is managed by GMO. It was launched on Apr 18, 1994. GMOIX is managed by GMO. It was launched on Mar 30, 1987.
Performance
GMCDX vs. GMOIX - Performance Comparison
Loading graphics...
GMCDX vs. GMOIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GMCDX GMO Emerging Country Debt Fund | 2.31% | 22.34% | 13.39% | 17.63% | -16.30% | 6.56% | 7.25% | 14.28% | -5.89% | 12.49% |
GMOIX GMO International Equity Fund | 5.23% | 43.94% | 11.54% | 20.51% | -10.38% | 12.11% | 7.47% | 24.56% | -20.55% | 25.73% |
Returns By Period
In the year-to-date period, GMCDX achieves a 2.31% return, which is significantly lower than GMOIX's 5.23% return. Over the past 10 years, GMCDX has underperformed GMOIX with an annualized return of 7.62%, while GMOIX has yielded a comparatively higher 11.16% annualized return.
GMCDX
- 1D
- 0.30%
- 1M
- -2.54%
- YTD
- 2.31%
- 6M
- 8.44%
- 1Y
- 20.37%
- 3Y*
- 17.91%
- 5Y*
- 9.25%
- 10Y*
- 7.62%
GMOIX
- 1D
- 3.34%
- 1M
- -6.49%
- YTD
- 5.23%
- 6M
- 14.84%
- 1Y
- 37.98%
- 3Y*
- 23.80%
- 5Y*
- 13.44%
- 10Y*
- 11.16%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GMCDX vs. GMOIX - Expense Ratio Comparison
GMCDX has a 0.53% expense ratio, which is lower than GMOIX's 0.66% expense ratio.
Return for Risk
GMCDX vs. GMOIX — Risk / Return Rank
GMCDX
GMOIX
GMCDX vs. GMOIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Emerging Country Debt Fund (GMCDX) and GMO International Equity Fund (GMOIX). 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.
| GMCDX | GMOIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.12 | 2.13 | +1.00 |
Sortino ratioReturn per unit of downside risk | 4.54 | 2.80 | +1.74 |
Omega ratioGain probability vs. loss probability | 1.76 | 1.41 | +0.34 |
Calmar ratioReturn relative to maximum drawdown | 3.55 | 3.16 | +0.40 |
Martin ratioReturn relative to average drawdown | 17.85 | 12.33 | +5.51 |
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
| GMCDX | GMOIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.12 | 2.13 | +1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.85 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | 0.67 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.33 | -0.03 |
Correlation
The correlation between GMCDX and GMOIX is 0.33, 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
GMCDX vs. GMOIX - Dividend Comparison
GMCDX's dividend yield for the trailing twelve months is around 6.13%, more than GMOIX's 5.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GMCDX GMO Emerging Country Debt Fund | 6.13% | 6.27% | 6.88% | 10.26% | 13.73% | 17.75% | 9.66% | 6.60% | 7.76% | 7.06% | 6.00% | 2.50% |
GMOIX GMO International Equity Fund | 5.34% | 5.62% | 2.77% | 7.54% | 4.32% | 6.40% | 4.56% | 3.49% | 3.74% | 3.11% | 4.00% | 3.26% |
Drawdowns
GMCDX vs. GMOIX - Drawdown Comparison
The maximum GMCDX drawdown since its inception was -68.24%, which is greater than GMOIX's maximum drawdown of -59.00%. Use the drawdown chart below to compare losses from any high point for GMCDX and GMOIX.
Loading graphics...
Drawdown Indicators
| GMCDX | GMOIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.24% | -59.00% | -9.24% |
Max Drawdown (1Y)Largest decline over 1 year | -5.69% | -11.67% | +5.98% |
Max Drawdown (5Y)Largest decline over 5 years | -26.02% | -28.69% | +2.67% |
Max Drawdown (10Y)Largest decline over 10 years | -26.02% | -40.14% | +14.12% |
Current DrawdownCurrent decline from peak | -3.56% | -8.11% | +4.55% |
Average DrawdownAverage peak-to-trough decline | -17.75% | -12.97% | -4.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 2.99% | -1.85% |
Volatility
GMCDX vs. GMOIX - Volatility Comparison
The current volatility for GMO Emerging Country Debt Fund (GMCDX) is 2.27%, while GMO International Equity Fund (GMOIX) has a volatility of 8.39%. This indicates that GMCDX experiences smaller price fluctuations and is considered to be less risky than GMOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GMCDX | GMOIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.27% | 8.39% | -6.12% |
Volatility (6M)Calculated over the trailing 6-month period | 3.92% | 12.94% | -9.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.72% | 18.00% | -11.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.16% | 15.94% | -4.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.31% | 16.78% | -7.47% |