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.
Key characteristics
| GQETX | VOO | |
|---|---|---|
| YTD Return | 19.38% | 19.24% |
| 1Y Return | 28.90% | 28.44% |
| 3Y Return (Ann) | 13.27% | 10.06% |
| 5Y Return (Ann) | 17.70% | 15.24% |
| 10Y Return (Ann) | 15.00% | 12.92% |
| Sharpe Ratio | 2.49 | 2.11 |
| Daily Std Dev | 11.28% | 12.65% |
| Max Drawdown | -39.99% | -33.99% |
| Current Drawdown | -0.23% | -0.33% |
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
The year-to-date returns for both stocks are quite close, with GQETX having a 19.38% return and VOO slightly lower at 19.24%. Over the past 10 years, GQETX has outperformed VOO with an annualized return of 15.00%, while VOO has yielded a comparatively lower 12.92% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 3.63%, more than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQETX GMO Quality Fund | 3.63% | 4.25% | 11.85% | 10.19% | 13.61% | 8.08% | 21.66% | 8.10% | 3.56% | 17.25% | 24.26% | 11.82% |
VOO Vanguard S&P 500 ETF | 1.28% | 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
The current volatility for GMO Quality Fund (GQETX) is 2.90%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.93%. 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.