GOFIX vs. NLY
Compare and contrast key facts about GMO Resources Fund (GOFIX) and Annaly Capital Management, Inc. (NLY).
GOFIX is managed by GMO. It was launched on Dec 27, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOFIX or NLY.
Correlation
The correlation between GOFIX and NLY is 0.35, 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
GOFIX vs. NLY - Performance Comparison
Key characteristics
GOFIX:
-0.38
NLY:
1.69
GOFIX:
-0.39
NLY:
2.27
GOFIX:
0.95
NLY:
1.29
GOFIX:
-0.22
NLY:
0.99
GOFIX:
-0.72
NLY:
8.85
GOFIX:
10.70%
NLY:
3.45%
GOFIX:
20.17%
NLY:
18.11%
GOFIX:
-56.22%
NLY:
-60.09%
GOFIX:
-32.03%
NLY:
-7.11%
Returns By Period
In the year-to-date period, GOFIX achieves a 2.51% return, which is significantly lower than NLY's 17.76% return. Both investments have delivered pretty close results over the past 10 years, with GOFIX having a 5.74% annualized return and NLY not far behind at 5.46%.
GOFIX
2.51%
-2.44%
-7.80%
-6.69%
3.27%
5.74%
NLY
17.76%
11.54%
14.91%
31.82%
0.07%
5.46%
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Risk-Adjusted Performance
GOFIX vs. NLY — Risk-Adjusted Performance Rank
GOFIX
NLY
GOFIX vs. NLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Resources Fund (GOFIX) and Annaly Capital Management, Inc. (NLY). 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. NLY - Dividend Comparison
GOFIX's dividend yield for the trailing twelve months is around 3.32%, less than NLY's 12.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOFIX GMO Resources Fund | 3.32% | 3.40% | 3.80% | 4.43% | 11.98% | 1.90% | 2.99% | 4.06% | 3.86% | 2.89% | 3.29% | 6.61% |
NLY Annaly Capital Management, Inc. | 12.06% | 14.21% | 13.42% | 16.70% | 11.25% | 10.77% | 11.15% | 12.22% | 10.09% | 12.04% | 12.79% | 11.10% |
Drawdowns
GOFIX vs. NLY - Drawdown Comparison
The maximum GOFIX drawdown since its inception was -56.22%, smaller than the maximum NLY drawdown of -60.09%. Use the drawdown chart below to compare losses from any high point for GOFIX and NLY. For additional features, visit the drawdowns tool.
Volatility
GOFIX vs. NLY - Volatility Comparison
GMO Resources Fund (GOFIX) has a higher volatility of 5.21% compared to Annaly Capital Management, Inc. (NLY) at 4.80%. This indicates that GOFIX's price experiences larger fluctuations and is considered to be riskier than NLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.