GMUEX vs. SWLVX

Last updated Apr 2, 2026

Compare and contrast key facts about GMO U.S. Equity Fund (GMUEX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX).

GMUEX is managed by GMO. It was launched on Sep 18, 1985. SWLVX is managed by Charles Schwab. It was launched on Dec 20, 2017.

Performance

GMUEX vs. SWLVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GMO U.S. Equity Fund (GMUEX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX). The values are adjusted to include any dividend payments, if applicable.

GMUEX vs. SWLVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GMUEX GMO U.S. Equity Fund	-2.06%	22.24%	20.97%	22.02%	-12.66%	24.28%	13.56%	28.62%	-9.77%	-0.52%
SWLVX Schwab U.S. Large-Cap Value Index Fund	2.09%	15.87%	14.36%	11.45%	-7.61%	25.15%	2.64%	26.49%	-8.39%	0.30%

Returns By Period

In the year-to-date period, GMUEX achieves a -2.06% return, which is significantly lower than SWLVX's 2.09% return.

GMUEX

• 1D: 3.04%
• 1M: -4.55%
• YTD: -2.06%
• 6M: 3.90%
• 1Y: 26.43%
• 3Y*: 18.36%
• 5Y*: 10.84%
• 10Y*: 12.58%

SWLVX

• 1D: 2.15%
• 1M: -4.65%
• YTD: 2.09%
• 6M: 5.83%
• 1Y: 15.94%
• 3Y*: 14.29%
• 5Y*: 9.20%
• 10Y*: —

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

GMUEX vs. SWLVX - Expense Ratio Comparison

GMUEX has a 0.47% expense ratio, which is higher than SWLVX's 0.04% expense ratio.

GMUEX

GMO U.S. Equity Fund

SWLVX

Schwab U.S. Large-Cap Value Index Fund

Return for Risk

GMUEX vs. SWLVX — Risk / Return Rank

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

GMUEX

GMUEX Risk / Return Rank: 78
GMUEX Sharpe Ratio Rank: 73
GMUEX Sortino Ratio Rank: 75
GMUEX Omega Ratio Rank: 74
GMUEX Calmar Ratio Rank: 81
GMUEX Martin Ratio Rank: 86

SWLVX

SWLVX Risk / Return Rank: 57
SWLVX Sharpe Ratio Rank: 51
SWLVX Sortino Ratio Rank: 51
SWLVX Omega Ratio Rank: 53
SWLVX Calmar Ratio Rank: 59
SWLVX Martin Ratio Rank: 70

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.

GMUEX vs. SWLVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GMO U.S. Equity Fund (GMUEX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX). 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.

	GMUEX	SWLVX	Difference
Sharpe ratio Return per unit of total volatility	1.39	1.01	+0.38
Sortino ratio Return per unit of downside risk	2.01	1.47	+0.54
Omega ratio Gain probability vs. loss probability	1.30	1.22	+0.08
Calmar ratio Return relative to maximum drawdown	2.15	1.44	+0.71
Martin ratio Return relative to average drawdown	9.73	6.76	+2.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GMUEX vs. SWLVX - Sharpe Ratio Comparison

The current GMUEX Sharpe Ratio is 1.39, which is higher than the SWLVX Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of GMUEX and SWLVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GMUEX	SWLVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	1.01	+0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.62	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.50	-0.22

Correlation

The correlation between GMUEX and SWLVX 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

GMUEX vs. SWLVX - Dividend Comparison

GMUEX's dividend yield for the trailing twelve months is around 11.93%, more than SWLVX's 1.98% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GMUEX GMO U.S. Equity Fund	11.93%	11.68%	17.31%	12.10%	6.99%	14.17%	9.16%	12.24%	21.90%	11.22%	11.27%	12.88%
SWLVX Schwab U.S. Large-Cap Value Index Fund	1.98%	2.02%	2.75%	2.56%	2.29%	4.86%	2.00%	4.35%	1.87%	0.00%	0.00%	0.00%

Drawdowns

GMUEX vs. SWLVX - Drawdown Comparison

The maximum GMUEX drawdown since its inception was -60.66%, which is greater than SWLVX's maximum drawdown of -38.34%. Use the drawdown chart below to compare losses from any high point for GMUEX and SWLVX.

Drawdown Indicators

	GMUEX	SWLVX	Difference
Max Drawdown Largest peak-to-trough decline	-60.66%	-38.34%	-22.32%
Max Drawdown (1Y) Largest decline over 1 year	-12.92%	-11.82%	-1.10%
Max Drawdown (5Y) Largest decline over 5 years	-28.95%	-19.05%	-9.90%
Max Drawdown (10Y) Largest decline over 10 years	-33.90%	—	—
Current Drawdown Current decline from peak	-6.43%	-4.82%	-1.61%
Average Drawdown Average peak-to-trough decline	-17.33%	-4.93%	-12.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.85%	2.51%	+0.34%

Volatility

GMUEX vs. SWLVX - Volatility Comparison

GMO U.S. Equity Fund (GMUEX) has a higher volatility of 5.69% compared to Schwab U.S. Large-Cap Value Index Fund (SWLVX) at 4.47%. This indicates that GMUEX's price experiences larger fluctuations and is considered to be riskier than SWLVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GMUEX	SWLVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.69%	4.47%	+1.22%
Volatility (6M) Calculated over the trailing 6-month period	10.89%	8.30%	+2.59%
Volatility (1Y) Calculated over the trailing 1-year period	19.41%	15.74%	+3.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.80%	14.85%	+4.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.45%	18.67%	+0.78%