GQETX vs. VOO
Compare and contrast key facts about GMO Quality Fund (GQETX) and Vanguard S&P 500 ETF (VOO).
GQETX is managed by GMO. It was launched on Feb 6, 2004. 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: GQETX or VOO.
Correlation
The correlation between GQETX and VOO is 0.94, 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
GQETX vs. VOO - Performance Comparison
Key characteristics
GQETX:
1.39
VOO:
2.22
GQETX:
1.83
VOO:
2.95
GQETX:
1.26
VOO:
1.42
GQETX:
2.11
VOO:
3.27
GQETX:
8.28
VOO:
14.57
GQETX:
2.02%
VOO:
1.90%
GQETX:
12.02%
VOO:
12.47%
GQETX:
-39.99%
VOO:
-33.99%
GQETX:
-6.09%
VOO:
-1.77%
Returns By Period
In the year-to-date period, GQETX achieves a 16.10% return, which is significantly lower than VOO's 26.92% return. Over the past 10 years, GQETX has outperformed VOO with an annualized return of 14.10%, while VOO has yielded a comparatively lower 13.12% annualized return.
GQETX
16.10%
-3.51%
1.05%
16.71%
14.73%
14.10%
VOO
26.92%
0.27%
10.43%
27.36%
14.95%
13.12%
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GQETX vs. VOO - Expense Ratio Comparison
GQETX has a 0.49% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
GQETX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Quality Fund (GQETX) 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
GQETX vs. VOO - Dividend Comparison
GQETX's dividend yield for the trailing twelve months is around 0.18%, less than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQETX GMO Quality Fund | 0.18% | 0.99% | 1.28% | 5.25% | 1.37% | 1.44% | 1.93% | 1.66% | 1.72% | 2.18% | 2.19% | 3.53% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
GQETX vs. VOO - Drawdown Comparison
The maximum GQETX drawdown since its inception was -39.99%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GQETX and VOO. For additional features, visit the drawdowns tool.
Volatility
GQETX vs. VOO - Volatility Comparison
GMO Quality Fund (GQETX) has a higher volatility of 5.63% compared to Vanguard S&P 500 ETF (VOO) at 3.77%. This indicates that GQETX'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.