GMWAX vs. BRK-B
Compare and contrast key facts about GMO Global Asset Allocation Fund (GMWAX) and Berkshire Hathaway Inc. (BRK-B).
GMWAX is managed by GMO. It was launched on Oct 21, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GMWAX or BRK-B.
Correlation
The correlation between GMWAX and BRK-B is 0.38, 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.
Performance
GMWAX vs. BRK-B - Performance Comparison
Key characteristics
GMWAX:
1.23
BRK-B:
1.44
GMWAX:
1.71
BRK-B:
2.09
GMWAX:
1.22
BRK-B:
1.26
GMWAX:
1.79
BRK-B:
2.57
GMWAX:
4.44
BRK-B:
6.03
GMWAX:
2.30%
BRK-B:
3.56%
GMWAX:
8.27%
BRK-B:
14.96%
GMWAX:
-77.25%
BRK-B:
-53.86%
GMWAX:
-1.24%
BRK-B:
-0.72%
Returns By Period
In the year-to-date period, GMWAX achieves a 3.54% return, which is significantly lower than BRK-B's 5.80% return. Over the past 10 years, GMWAX has underperformed BRK-B with an annualized return of 4.05%, while BRK-B has yielded a comparatively higher 12.55% annualized return.
GMWAX
3.54%
2.67%
2.25%
8.71%
4.70%
4.05%
BRK-B
5.80%
2.49%
7.89%
18.13%
16.22%
12.55%
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Risk-Adjusted Performance
GMWAX vs. BRK-B — Risk-Adjusted Performance Rank
GMWAX
BRK-B
GMWAX vs. BRK-B - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Global Asset Allocation Fund (GMWAX) and Berkshire Hathaway Inc. (BRK-B). 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.
Dividends
GMWAX vs. BRK-B - Dividend Comparison
GMWAX's dividend yield for the trailing twelve months is around 4.88%, while BRK-B has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GMWAX GMO Global Asset Allocation Fund | 4.88% | 5.05% | 5.47% | 3.78% | 6.17% | 4.00% | 4.00% | 3.77% | 2.50% | 3.27% | 3.96% | 3.94% |
BRK-B Berkshire Hathaway Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GMWAX vs. BRK-B - Drawdown Comparison
The maximum GMWAX drawdown since its inception was -77.25%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for GMWAX and BRK-B. For additional features, visit the drawdowns tool.
Volatility
GMWAX vs. BRK-B - Volatility Comparison
The current volatility for GMO Global Asset Allocation Fund (GMWAX) is 2.04%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 4.71%. This indicates that GMWAX experiences smaller price fluctuations and is considered to be less risky than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.