GMOQX vs. SHMDX
Compare and contrast key facts about GMO Emerging Country Debt Fund Class VI (GMOQX) and Virtus Stone Harbor Emerging Mkts Debt (SHMDX).
GMOQX is an actively managed fund by GMO. It was launched on Apr 19, 1994. SHMDX is managed by Stone Harbor. It was launched on Aug 15, 2007.
Performance
GMOQX vs. SHMDX - Performance Comparison
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GMOQX vs. SHMDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GMOQX GMO Emerging Country Debt Fund Class VI | 2.32% | 22.45% | 12.60% | 17.76% | -16.26% | -2.20% |
SHMDX Virtus Stone Harbor Emerging Mkts Debt | -0.17% | 15.13% | 8.90% | 14.81% | -19.74% | -2.35% |
Returns By Period
In the year-to-date period, GMOQX achieves a 2.32% return, which is significantly higher than SHMDX's -0.17% return.
GMOQX
- 1D
- 0.31%
- 1M
- -2.50%
- YTD
- 2.32%
- 6M
- 8.47%
- 1Y
- 20.48%
- 3Y*
- 17.70%
- 5Y*
- —
- 10Y*
- —
SHMDX
- 1D
- 0.78%
- 1M
- -1.76%
- YTD
- -0.17%
- 6M
- 3.29%
- 1Y
- 12.14%
- 3Y*
- 11.96%
- 5Y*
- 3.29%
- 10Y*
- 4.30%
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GMOQX vs. SHMDX - Expense Ratio Comparison
GMOQX has a 0.51% expense ratio, which is lower than SHMDX's 0.73% expense ratio.
Return for Risk
GMOQX vs. SHMDX — Risk / Return Rank
GMOQX
SHMDX
GMOQX vs. SHMDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Emerging Country Debt Fund Class VI (GMOQX) and Virtus Stone Harbor Emerging Mkts Debt (SHMDX). 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.
| GMOQX | SHMDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.14 | 2.28 | +0.87 |
Sortino ratioReturn per unit of downside risk | 4.57 | 3.19 | +1.39 |
Omega ratioGain probability vs. loss probability | 1.75 | 1.49 | +0.26 |
Calmar ratioReturn relative to maximum drawdown | 3.59 | 2.64 | +0.95 |
Martin ratioReturn relative to average drawdown | 18.03 | 10.91 | +7.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GMOQX | SHMDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.14 | 2.28 | +0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.48 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.57 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.51 | +0.12 |
Correlation
The correlation between GMOQX and SHMDX is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GMOQX vs. SHMDX - Dividend Comparison
GMOQX's dividend yield for the trailing twelve months is around 6.23%, which matches SHMDX's 6.26% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GMOQX GMO Emerging Country Debt Fund Class VI | 6.23% | 6.37% | 6.23% | 10.36% | 13.87% | 7.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHMDX Virtus Stone Harbor Emerging Mkts Debt | 6.26% | 6.21% | 6.73% | 8.10% | 10.70% | 4.78% | 5.24% | 5.51% | 6.80% | 6.12% | 6.72% | 6.65% |
Drawdowns
GMOQX vs. SHMDX - Drawdown Comparison
The maximum GMOQX drawdown since its inception was -31.41%, smaller than the maximum SHMDX drawdown of -35.83%. Use the drawdown chart below to compare losses from any high point for GMOQX and SHMDX.
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Drawdown Indicators
| GMOQX | SHMDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.41% | -35.83% | +4.42% |
Max Drawdown (1Y)Largest decline over 1 year | -5.66% | -4.33% | -1.33% |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.98% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.98% | — |
Current DrawdownCurrent decline from peak | -3.53% | -3.09% | -0.44% |
Average DrawdownAverage peak-to-trough decline | -10.04% | -5.99% | -4.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 1.14% | 0.00% |
Volatility
GMOQX vs. SHMDX - Volatility Comparison
GMO Emerging Country Debt Fund Class VI (GMOQX) and Virtus Stone Harbor Emerging Mkts Debt (SHMDX) have volatilities of 2.28% and 2.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GMOQX | SHMDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.28% | 2.26% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 3.93% | 3.22% | +0.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.71% | 5.30% | +1.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.00% | 6.88% | +4.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.00% | 7.58% | +3.42% |