GMOV vs. VTV

Last updated Jun 5, 2026

GMOV (GMO U.S. Value ETF) and VTV (Vanguard Value ETF) are both Large Cap Value Equities funds - GMOV tracks the MSCI USA Value (Gross) while VTV tracks the CRSP US Large Cap Value Index. Both are passively managed. Over the past year, GMOV returned 28.90% vs 27.88% for VTV. Their correlation of 0.92 suggests significant overlap in exposure. GMOV charges 0.50%/yr vs 0.04%/yr for VTV.

Performance

GMOV vs. VTV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GMO U.S. Value ETF (GMOV) and Vanguard Value ETF (VTV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GMOV achieves a 11.41% return, which is significantly lower than VTV's 13.16% return.

GMOV

• 1D: 1.06%
• 1M: 3.06%
• YTD: 11.41%
• 6M: 12.96%
• 1Y: 28.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTV

• 1D: 0.77%
• 1M: 4.08%
• YTD: 13.16%
• 6M: 14.00%
• 1Y: 27.88%
• 3Y*: 18.69%
• 5Y*: 11.41%
• 10Y*: 12.49%

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

GMOV vs. VTV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GMOV GMO U.S. Value ETF	11.41%	14.81%	-1.27%
VTV Vanguard Value ETF	13.16%	15.27%	-1.81%

Correlation

The correlation between GMOV and VTV is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (All Time) Calculated using the full available price history since Oct 30, 2024	0.92

The correlation between GMOV and VTV has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

Return for Risk

GMOV vs. VTV — Risk / Return Rank

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

GMOV

GMOV Risk / Return Rank: 84
GMOV Sharpe Ratio Rank: 83
GMOV Sortino Ratio Rank: 88
GMOV Omega Ratio Rank: 80
GMOV Calmar Ratio Rank: 87
GMOV Martin Ratio Rank: 82

VTV

VTV Risk / Return Rank: 85
VTV Sharpe Ratio Rank: 85
VTV Sortino Ratio Rank: 88
VTV Omega Ratio Rank: 83
VTV Calmar Ratio Rank: 83
VTV Martin Ratio Rank: 83

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.

GMOV vs. VTV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GMO U.S. Value ETF (GMOV) and Vanguard Value ETF (VTV). 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.

	GMOV	VTV	Difference
Sharpe ratio: Return per unit of total volatility	2.66	2.77	-0.11
Sortino ratio: Return per unit of downside risk	3.95	3.95	0.00
Omega ratio: Gain probability vs. loss probability	1.47	1.50	-0.03
Calmar ratio: Return relative to maximum drawdown	4.78	4.41	+0.37
Martin ratio: Return relative to average drawdown	16.11	16.67	-0.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GMOV vs. VTV - Sharpe Ratio Comparison

The current GMOV Sharpe Ratio is 2.66, which is comparable to the VTV Sharpe Ratio of 2.77. The chart below compares the historical Sharpe Ratios of GMOV and VTV, 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

	GMOV	VTV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.66	2.77	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.06	0.51	+0.55

Drawdowns

GMOV vs. VTV - Drawdown Comparison

The maximum GMOV drawdown since its inception was -16.71%, smaller than the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for GMOV and VTV.

Drawdown Indicators

	GMOV	VTV	Difference
Max Drawdown Largest peak-to-trough decline	-16.71%	-59.27%	+42.56%
Max Drawdown (1Y) Largest decline over 1 year	-6.08%	-6.35%	+0.27%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.52%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.04%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.78%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.84%	-7.87%	+5.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	1.68%	+0.12%

Volatility

GMOV vs. VTV - Volatility Comparison

The current volatility for GMO U.S. Value ETF (GMOV) is 2.34%, while Vanguard Value ETF (VTV) has a volatility of 2.48%. This indicates that GMOV experiences smaller price fluctuations and is considered to be less risky than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GMOV	VTV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.34%	2.48%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	7.32%	7.57%	-0.25%
Volatility (1Y) Calculated over the trailing 1-year period	10.92%	10.12%	+0.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.94%	13.88%	+1.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.94%	16.66%	-1.72%

GMOV vs. VTV - Expense Ratio Comparison

GMOV has a 0.50% expense ratio, which is higher than VTV's 0.04% expense ratio.

Dividends

GMOV vs. VTV - Dividend Comparison

GMOV's dividend yield for the trailing twelve months is around 2.00%, more than VTV's 1.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GMOV GMO U.S. Value ETF	2.00%	1.98%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTV Vanguard Value ETF	1.85%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%

Frequently Asked Questions

Can I hold both GMOV and VTV in my portfolio?

With a correlation of 0.90, GMOV and VTV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GMOV or VTV?

VTV has higher volatility (2.48%) compared to GMOV (2.34%). In terms of maximum drawdown, GMOV dropped -16.71% vs VTV's -59.27%.

Which ETF is better, GMOV or VTV?

On 1-year performance, GMOV leads with 28.90% vs 27.88% for VTV. On fees, VTV is cheaper at 0.04% per year. On volatility, GMOV has been the lower-risk option at 2.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GMOV or VTV?

Over the 1-year period, GMOV has performed better with a 28.90% return vs 27.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GMOV or VTV?

VTV is cheaper with a 0.04% expense ratio, compared with 0.50% for GMOV.

Which ETF pays a higher dividend yield, GMOV or VTV?

GMOV has the higher dividend yield at 2.00%, compared with 1.85% for VTV.

What is the main difference between GMOV and VTV?

GMOV tracks MSCI USA Value (Gross), while VTV tracks CRSP US Large Cap Value Index. They also come from different issuers: GMO and Vanguard. Their fees differ too: 0.50% for GMOV and 0.04% for VTV.

Which has better risk-adjusted returns?

VTV currently has the higher Sharpe Ratio (2.77 vs 2.66), 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.