GMWEX vs. URTH
GMWEX (GuideMark World ex-US Fund) and URTH (iShares MSCI World ETF) are both funds - GMWEX is a Foreign Large Cap Equities fund managed by GuideMark, while URTH is a Global Equities fund tracking the MSCI World Index (Net). Over the past 10 years, GMWEX returned 8.91%/yr vs 13.61%/yr for URTH. A 0.78 correlation means they provide meaningful diversification when combined. GMWEX charges 1.15%/yr vs 0.24%/yr for URTH.
Performance
GMWEX vs. URTH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GMWEX achieves a 8.00% return, which is significantly lower than URTH's 9.66% return. Over the past 10 years, GMWEX has underperformed URTH with an annualized return of 8.91%, while URTH has yielded a comparatively higher 13.61% annualized return.
GMWEX
- 1D
- 0.38%
- 1M
- 1.63%
- YTD
- 8.00%
- 6M
- 7.96%
- 1Y
- 23.30%
- 3Y*
- 16.58%
- 5Y*
- 8.59%
- 10Y*
- 8.91%
URTH
- 1D
- -0.18%
- 1M
- 0.58%
- YTD
- 9.66%
- 6M
- 9.36%
- 1Y
- 25.98%
- 3Y*
- 20.26%
- 5Y*
- 11.79%
- 10Y*
- 13.61%
GMWEX vs. URTH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GMWEX GuideMark World ex-US Fund | 8.00% | 33.60% | 5.36% | 15.97% | -16.19% | 11.70% | 8.58% | 20.02% | -14.12% | 25.97% |
URTH iShares MSCI World ETF | 9.66% | 21.36% | 18.66% | 23.95% | -17.97% | 22.27% | 15.78% | 28.15% | -8.56% | 22.95% |
Correlation
The correlation between GMWEX and URTH is 0.84, 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 | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2012 | 0.78 |
The correlation between GMWEX and URTH has been stable across timeframes, ranging from 0.78 to 0.87 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GMWEX vs. URTH — Risk / Return Rank
GMWEX
URTH
GMWEX vs. URTH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GuideMark World ex-US Fund (GMWEX) and iShares MSCI World ETF (URTH). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GMWEX | URTH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.37 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.16 | 2.88 | -0.72 |
| Martin ratioReturn relative to average drawdown | 8.22 | 12.77 | -4.55 |
Loading charts...
Drawdowns
GMWEX vs. URTH - Drawdown Comparison
The maximum GMWEX drawdown since its inception was -70.00%, which is greater than URTH's maximum drawdown of -34.01%. Use the drawdown chart below to compare losses from any high point for GMWEX and URTH.
Loading charts...
Drawdown Indicators
| GMWEX | URTH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.00% | -34.01% | -35.99% |
Max Drawdown (1Y)Largest decline over 1 year | -10.42% | -9.06% | -1.36% |
Max Drawdown (3Y)Largest decline over 3 years | -12.52% | -16.94% | +4.42% |
Max Drawdown (5Y)Largest decline over 5 years | -31.28% | -26.05% | -5.23% |
Max Drawdown (10Y)Largest decline over 10 years | -35.51% | -34.01% | -1.50% |
Current DrawdownCurrent decline from peak | -0.46% | -1.19% | +0.73% |
Average DrawdownAverage peak-to-trough decline | -30.95% | -4.36% | -26.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.73% | 2.04% | +0.69% |
Volatility
GMWEX vs. URTH - Volatility Comparison
GuideMark World ex-US Fund (GMWEX) and iShares MSCI World ETF (URTH) have volatilities of 4.67% and 4.47%, 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.
Loading charts...
Volatility by Period
| GMWEX | URTH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.67% | 4.47% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 12.17% | 10.16% | +2.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.67% | 12.59% | +2.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.75% | 16.26% | -0.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.23% | 17.29% | -1.06% |
GMWEX vs. URTH - Expense Ratio Comparison
GMWEX has a 1.15% expense ratio, which is higher than URTH's 0.24% expense ratio.
Dividends
GMWEX vs. URTH - Dividend Comparison
GMWEX's dividend yield for the trailing twelve months is around 13.56%, more than URTH's 1.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GMWEX GuideMark World ex-US Fund | 13.56% | 14.64% | 2.94% | 3.43% | 3.11% | 1.08% | 2.01% | 1.66% | 1.61% | 1.43% | 1.86% | 2.70% |
URTH iShares MSCI World ETF | 1.40% | 1.48% | 1.47% | 1.70% | 1.68% | 1.50% | 1.52% | 2.16% | 2.30% | 1.88% | 2.15% | 2.35% |
Frequently Asked Questions
GMWEX and URTH have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GMWEX has higher volatility (4.67%) compared to URTH (4.47%). In terms of maximum drawdown, GMWEX dropped -70.00% vs URTH's -34.01%.
URTH currently has the higher Sharpe Ratio (2.08 vs 1.53), 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.
Find the right allocation for GMWEX and URTH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer