GQETX vs. VTIP
Compare and contrast key facts about GMO Quality Fund (GQETX) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP).
GQETX is managed by GMO. It was launched on Feb 6, 2004. VTIP is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Oct 12, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GQETX or VTIP.
Correlation
The correlation between GQETX and VTIP is 0.08, 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
GQETX vs. VTIP - Performance Comparison
Key characteristics
GQETX:
1.36
VTIP:
2.49
GQETX:
1.79
VTIP:
3.79
GQETX:
1.26
VTIP:
1.50
GQETX:
2.06
VTIP:
5.97
GQETX:
8.23
VTIP:
15.63
GQETX:
1.98%
VTIP:
0.29%
GQETX:
12.03%
VTIP:
1.81%
GQETX:
-39.99%
VTIP:
-6.27%
GQETX:
-6.69%
VTIP:
-0.53%
Returns By Period
In the year-to-date period, GQETX achieves a 15.37% return, which is significantly higher than VTIP's 4.48% return. Over the past 10 years, GQETX has outperformed VTIP with an annualized return of 14.03%, while VTIP has yielded a comparatively lower 2.58% annualized return.
GQETX
15.37%
-4.12%
0.62%
15.97%
14.68%
14.03%
VTIP
4.48%
-0.08%
2.29%
4.59%
3.40%
2.58%
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GQETX vs. VTIP - Expense Ratio Comparison
GQETX has a 0.49% expense ratio, which is higher than VTIP's 0.04% expense ratio.
Risk-Adjusted Performance
GQETX vs. VTIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Quality Fund (GQETX) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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. VTIP - Dividend Comparison
GQETX's dividend yield for the trailing twelve months is around 0.18%, less than VTIP's 1.60% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Vanguard Short-Term Inflation-Protected Securities ETF | 1.60% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% | 0.05% |
Drawdowns
GQETX vs. VTIP - Drawdown Comparison
The maximum GQETX drawdown since its inception was -39.99%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for GQETX and VTIP. For additional features, visit the drawdowns tool.
Volatility
GQETX vs. VTIP - Volatility Comparison
GMO Quality Fund (GQETX) has a higher volatility of 5.58% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.38%. This indicates that GQETX's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.