GMWEX vs. VOO
Compare and contrast key facts about GuideMark World ex-US Fund (GMWEX) and Vanguard S&P 500 ETF (VOO).
GMWEX is managed by GuideMark. It was launched on Jun 29, 2001. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GMWEX or VOO.
Key characteristics
GMWEX | VOO | |
---|---|---|
YTD Return | 11.92% | 20.75% |
1Y Return | 20.01% | 33.60% |
3Y Return (Ann) | 2.91% | 11.14% |
5Y Return (Ann) | 7.05% | 15.64% |
10Y Return (Ann) | 4.55% | 13.20% |
Sharpe Ratio | 1.42 | 2.47 |
Daily Std Dev | 12.91% | 12.70% |
Max Drawdown | -63.71% | -33.99% |
Current Drawdown | -0.94% | -0.20% |
Correlation
The correlation between GMWEX and VOO is 0.81, 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.
Performance
GMWEX vs. VOO - Performance Comparison
In the year-to-date period, GMWEX achieves a 11.92% return, which is significantly lower than VOO's 20.75% return. Over the past 10 years, GMWEX has underperformed VOO with an annualized return of 4.55%, while VOO has yielded a comparatively higher 13.20% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GMWEX vs. VOO - Expense Ratio Comparison
GMWEX has a 1.15% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
GMWEX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GuideMark World ex-US Fund (GMWEX) and Vanguard S&P 500 ETF (VOO). 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
GMWEX vs. VOO - Dividend Comparison
GMWEX's dividend yield for the trailing twelve months is around 3.06%, more than VOO's 1.26% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
GuideMark World ex-US Fund | 3.06% | 3.43% | 3.12% | 1.08% | 2.01% | 1.66% | 1.61% | 1.43% | 1.86% | 2.70% | 1.50% | 0.93% |
Vanguard S&P 500 ETF | 1.26% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
GMWEX vs. VOO - Drawdown Comparison
The maximum GMWEX drawdown since its inception was -63.71%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GMWEX and VOO. For additional features, visit the drawdowns tool.
Volatility
GMWEX vs. VOO - Volatility Comparison
GuideMark World ex-US Fund (GMWEX) has a higher volatility of 4.44% compared to Vanguard S&P 500 ETF (VOO) at 4.19%. This indicates that GMWEX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.