GMM vs. VWO

Last updated Jun 4, 2026

GMM (Global Mofy Metaverse Limited Ordinary Shares) is a stock, while VWO (Vanguard FTSE Emerging Markets ETF) is Emerging Markets Equities fund tracking the FTSE Emerging Index. Over the past year, GMM returned -95.12% vs 30.72% for VWO. At a 0.17 correlation, their price movements are largely independent.

Performance

GMM vs. VWO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global Mofy Metaverse Limited Ordinary Shares (GMM) and Vanguard FTSE Emerging Markets ETF (VWO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GMM achieves a -89.37% return, which is significantly lower than VWO's 12.22% return.

GMM

• 1D: -0.79%
• 1M: -89.80%
• YTD: -89.37%
• 6M: -90.29%
• 1Y: -95.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VWO

• 1D: -1.41%
• 1M: 2.72%
• YTD: 12.22%
• 6M: 13.79%
• 1Y: 30.72%
• 3Y*: 18.02%
• 5Y*: 5.17%
• 10Y*: 8.85%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GMM vs. VWO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GMM Global Mofy Metaverse Limited Ordinary Shares	-89.37%	-69.59%	-69.57%
VWO Vanguard FTSE Emerging Markets ETF	12.22%	25.60%	3.28%

Correlation

The correlation between GMM and VWO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (All Time) Calculated using the full available price history since Sep 10, 2024	0.17

Return for Risk

GMM vs. VWO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GMM

GMM Risk / Return Rank: 3
GMM Sharpe Ratio Rank: 9
GMM Sortino Ratio Rank: 3
GMM Omega Ratio Rank: 1
GMM Calmar Ratio Rank: 1
GMM Martin Ratio Rank: 1

VWO

VWO Risk / Return Rank: 56
VWO Sharpe Ratio Rank: 56
VWO Sortino Ratio Rank: 55
VWO Omega Ratio Rank: 57
VWO Calmar Ratio Rank: 54
VWO Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GMM vs. VWO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global Mofy Metaverse Limited Ordinary Shares (GMM) and Vanguard FTSE Emerging Markets ETF (VWO). 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.

	GMM	VWO	Difference
Sharpe ratio: Return per unit of total volatility	-0.80	1.94	-2.75
Sortino ratio: Return per unit of downside risk	-1.96	2.69	-4.66
Omega ratio: Gain probability vs. loss probability	0.66	1.36	-0.69
Calmar ratio: Return relative to maximum drawdown	-0.99	2.76	-3.76
Martin ratio: Return relative to average drawdown	-2.02	9.96	-11.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GMM vs. VWO - Sharpe Ratio Comparison

The current GMM Sharpe Ratio is -0.80, which is lower than the VWO Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of GMM and VWO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GMM	VWO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.80	1.94	-2.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.30	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.75	0.27	-1.02

Drawdowns

GMM vs. VWO - Drawdown Comparison

The maximum GMM drawdown since its inception was -99.16%, which is greater than VWO's maximum drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for GMM and VWO.

Drawdown Indicators

	GMM	VWO	Difference
Max Drawdown Largest peak-to-trough decline	-99.16%	-67.68%	-31.48%
Max Drawdown (1Y) Largest decline over 1 year	-95.82%	-11.17%	-84.65%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.37%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.64%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.39%	—
Current Drawdown Current decline from peak	-99.16%	-1.41%	-97.75%
Average Drawdown Average peak-to-trough decline	-79.35%	-15.82%	-63.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.95%	3.09%	+43.86%

Volatility

GMM vs. VWO - Volatility Comparison

Global Mofy Metaverse Limited Ordinary Shares (GMM) has a higher volatility of 138.34% compared to Vanguard FTSE Emerging Markets ETF (VWO) at 5.61%. This indicates that GMM's price experiences larger fluctuations and is considered to be riskier than VWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GMM	VWO	Difference
Volatility (1M) Calculated over the trailing 1-month period	138.34%	5.61%	+132.73%
Volatility (6M) Calculated over the trailing 6-month period	155.30%	13.22%	+142.08%
Volatility (1Y) Calculated over the trailing 1-year period	118.64%	15.89%	+102.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	124.53%	17.37%	+107.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	124.53%	19.20%	+105.33%

Dividends

GMM vs. VWO - Dividend Comparison

GMM has not paid dividends to shareholders, while VWO's dividend yield for the trailing twelve months is around 2.40%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GMM Global Mofy Metaverse Limited Ordinary Shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VWO Vanguard FTSE Emerging Markets ETF	2.40%	2.79%	3.20%	3.52%	4.11%	2.63%	1.91%	3.23%	2.88%	2.30%	2.52%	3.26%

Frequently Asked Questions

Can I hold both GMM and VWO in my portfolio?

GMM and VWO have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GMM or VWO?

GMM has higher volatility (138.34%) compared to VWO (5.61%). In terms of maximum drawdown, GMM dropped -99.16% vs VWO's -67.68%.

Which has better risk-adjusted returns?

VWO currently has the higher Sharpe Ratio (1.94 vs -0.80), 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.