GQETX vs. VYM
Compare and contrast key facts about GMO Quality Fund (GQETX) and Vanguard High Dividend Yield ETF (VYM).
GQETX is managed by GMO. It was launched on Feb 6, 2004. VYM is a passively managed fund by Vanguard that tracks the performance of the FTSE High Dividend Yield Index. It was launched on Nov 10, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GQETX or VYM.
Correlation
The correlation between GQETX and VYM is 0.85, 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. VYM - Performance Comparison
Key characteristics
GQETX:
1.86
VYM:
2.00
GQETX:
2.52
VYM:
2.80
GQETX:
1.33
VYM:
1.36
GQETX:
3.23
VYM:
3.69
GQETX:
11.30
VYM:
10.64
GQETX:
1.86%
VYM:
2.08%
GQETX:
11.33%
VYM:
11.05%
GQETX:
-41.46%
VYM:
-56.98%
GQETX:
-0.06%
VYM:
-0.49%
Returns By Period
The year-to-date returns for both stocks are quite close, with GQETX having a 4.39% return and VYM slightly lower at 4.29%. Both investments have delivered pretty close results over the past 10 years, with GQETX having a 10.09% annualized return and VYM not far ahead at 10.52%.
GQETX
4.39%
2.32%
7.17%
19.71%
16.25%
10.09%
VYM
4.29%
2.87%
9.28%
21.16%
11.02%
10.52%
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GQETX vs. VYM - Expense Ratio Comparison
GQETX has a 0.49% expense ratio, which is higher than VYM's 0.06% expense ratio.
Risk-Adjusted Performance
GQETX vs. VYM — Risk-Adjusted Performance Rank
GQETX
VYM
GQETX vs. VYM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Quality Fund (GQETX) and Vanguard High Dividend Yield ETF (VYM). 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. VYM - Dividend Comparison
GQETX's dividend yield for the trailing twelve months is around 0.96%, less than VYM's 2.63% 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% |
VYM Vanguard High Dividend Yield ETF | 2.63% | 2.74% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% | 2.78% |
Drawdowns
GQETX vs. VYM - Drawdown Comparison
The maximum GQETX drawdown since its inception was -41.46%, smaller than the maximum VYM drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for GQETX and VYM. For additional features, visit the drawdowns tool.
Volatility
GQETX vs. VYM - Volatility Comparison
GMO Quality Fund (GQETX) and Vanguard High Dividend Yield ETF (VYM) have volatilities of 3.34% and 3.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.