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 0.93, 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:
1.82
VOO:
1.99
GQETX:
2.48
VOO:
2.65
GQETX:
1.32
VOO:
1.36
GQETX:
3.16
VOO:
3.03
GQETX:
11.08
VOO:
12.71
GQETX:
1.86%
VOO:
2.01%
GQETX:
11.33%
VOO:
12.90%
GQETX:
-41.46%
VOO:
-33.99%
GQETX:
0.00%
VOO:
-0.86%
Returns By Period
In the year-to-date period, GQETX achieves a 4.85% return, which is significantly higher than VOO's 3.16% return. Over the past 10 years, GQETX has underperformed VOO with an annualized return of 10.20%, while VOO has yielded a comparatively higher 13.80% annualized return.
GQETX
4.85%
3.48%
8.30%
19.44%
16.18%
10.20%
VOO
3.16%
1.60%
12.30%
24.73%
14.88%
13.80%
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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 Rank
GQETX
VOO
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 0.96%, less than VOO's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQETX GMO Quality Fund | 0.96% | 1.00% | 0.99% | 1.28% | 5.25% | 1.37% | 1.44% | 1.93% | 1.66% | 1.72% | 2.18% | 2.19% |
VOO Vanguard S&P 500 ETF | 1.21% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
GQETX vs. VOO - Drawdown Comparison
The maximum GQETX drawdown since its inception was -41.46%, 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
The current volatility for GMO Quality Fund (GQETX) is 3.26%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.18%. This indicates that GQETX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.