GOFIX vs. DES
Compare and contrast key facts about GMO Resources Fund (GOFIX) and WisdomTree U.S. SmallCap Dividend Fund (DES).
GOFIX is managed by GMO. It was launched on Dec 27, 2011. DES is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree SmallCap Dividend (TR). It was launched on Jun 16, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOFIX or DES.
Correlation
The correlation between GOFIX and DES is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GOFIX vs. DES - Performance Comparison
Key characteristics
GOFIX:
-0.35
DES:
0.67
GOFIX:
-0.35
DES:
1.11
GOFIX:
0.96
DES:
1.13
GOFIX:
-0.20
DES:
1.03
GOFIX:
-0.67
DES:
2.63
GOFIX:
10.74%
DES:
4.71%
GOFIX:
20.15%
DES:
18.55%
GOFIX:
-56.22%
DES:
-65.49%
GOFIX:
-31.46%
DES:
-8.66%
Returns By Period
In the year-to-date period, GOFIX achieves a 3.39% return, which is significantly higher than DES's -0.02% return. Over the past 10 years, GOFIX has underperformed DES with an annualized return of 5.98%, while DES has yielded a comparatively higher 6.83% annualized return.
GOFIX
3.39%
-1.71%
-5.76%
-6.08%
3.45%
5.98%
DES
-0.02%
-2.49%
5.04%
13.02%
7.45%
6.83%
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GOFIX vs. DES - Expense Ratio Comparison
GOFIX has a 0.72% expense ratio, which is higher than DES's 0.38% expense ratio.
Risk-Adjusted Performance
GOFIX vs. DES — Risk-Adjusted Performance Rank
GOFIX
DES
GOFIX vs. DES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Resources Fund (GOFIX) and WisdomTree U.S. SmallCap Dividend Fund (DES). 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
GOFIX vs. DES - Dividend Comparison
GOFIX's dividend yield for the trailing twelve months is around 3.29%, more than DES's 2.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOFIX GMO Resources Fund | 3.29% | 3.40% | 3.80% | 4.43% | 11.98% | 1.90% | 2.99% | 4.06% | 3.86% | 2.89% | 3.29% | 6.61% |
DES WisdomTree U.S. SmallCap Dividend Fund | 2.81% | 2.81% | 2.65% | 2.89% | 2.31% | 2.75% | 2.68% | 3.65% | 2.89% | 2.70% | 3.55% | 2.68% |
Drawdowns
GOFIX vs. DES - Drawdown Comparison
The maximum GOFIX drawdown since its inception was -56.22%, smaller than the maximum DES drawdown of -65.49%. Use the drawdown chart below to compare losses from any high point for GOFIX and DES. For additional features, visit the drawdowns tool.
Volatility
GOFIX vs. DES - Volatility Comparison
GMO Resources Fund (GOFIX) has a higher volatility of 5.29% compared to WisdomTree U.S. SmallCap Dividend Fund (DES) at 4.18%. This indicates that GOFIX's price experiences larger fluctuations and is considered to be riskier than DES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.