GOFIX vs. QQQM

In the year-to-date period, GOFIX achieves a -7.43% return, which is significantly lower than QQQM's 1.89% return.

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GOFIX has a 0.72% expense ratio, which is higher than QQQM's 0.15% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for GMO Resources Fund (GOFIX) and Invesco NASDAQ 100 ETF (QQQM). 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.

The current GOFIX Sharpe Ratio is -0.85, which is lower than the QQQM Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of GOFIX and QQQM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

GOFIX's dividend yield for the trailing twelve months is around 3.68%, more than QQQM's 0.58% yield.

The maximum GOFIX drawdown since its inception was -56.22%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for GOFIX and QQQM.

GMO Resources Fund (GOFIX) has a higher volatility of 8.37% compared to Invesco NASDAQ 100 ETF (QQQM) at 5.58%. This indicates that GOFIX's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.