GTDDX vs. REMSX

Last updated Jul 15, 2026

GTDDX (Invesco EQV Emerging Markets All Cap Fd) and REMSX (Russell Investments Emerging Markets Fund) are both Emerging Markets Diversified funds. Over the past 10 years, GTDDX returned 8.62%/yr vs 8.12%/yr for REMSX. Their correlation of 0.87 suggests significant overlap in exposure. GTDDX charges 1.39%/yr vs 1.19%/yr for REMSX.

Performance

GTDDX vs. REMSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco EQV Emerging Markets All Cap Fd (GTDDX) and Russell Investments Emerging Markets Fund (REMSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GTDDX achieves a 35.80% return, which is significantly higher than REMSX's 19.41% return. Over the past 10 years, GTDDX has outperformed REMSX with an annualized return of 8.62%, while REMSX has yielded a comparatively lower 8.12% annualized return.

GTDDX

• 1D: -3.04%
• 1M: -4.73%
• 6M: 29.65%
• YTD: 35.80%
• 1Y: 56.58%
• 3Y*: 19.29%
• 5Y*: 7.58%
• 10Y*: 8.62%

REMSX

• 1D: -3.48%
• 1M: -4.62%
• 6M: 13.34%
• YTD: 19.41%
• 1Y: 36.43%
• 3Y*: 19.56%
• 5Y*: 6.47%
• 10Y*: 8.12%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GTDDX vs. REMSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GTDDX Invesco EQV Emerging Markets All Cap Fd	35.80%	29.88%	-0.66%	8.82%	-17.70%	-7.00%	17.19%	29.99%	-18.77%	30.34%
REMSX Russell Investments Emerging Markets Fund	19.41%	33.98%	8.16%	8.37%	-22.59%	0.75%	9.85%	19.11%	-16.74%	35.45%

Correlation

The correlation between GTDDX and REMSX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jan 11, 1994	0.87

The correlation between GTDDX and REMSX has been stable across timeframes, ranging from 0.87 to 0.89 - a consistent structural relationship.

Return for Risk

GTDDX vs. REMSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GTDDX

GTDDX Risk / Return Rank: 88
GTDDX Sharpe Ratio Rank: 91
GTDDX Sortino Ratio Rank: 82
GTDDX Omega Ratio Rank: 85
GTDDX Calmar Ratio Rank: 92
GTDDX Martin Ratio Rank: 91

REMSX

REMSX Risk / Return Rank: 66
REMSX Sharpe Ratio Rank: 69
REMSX Sortino Ratio Rank: 54
REMSX Omega Ratio Rank: 69
REMSX Calmar Ratio Rank: 74
REMSX Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GTDDX vs. REMSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco EQV Emerging Markets All Cap Fd (GTDDX) and Russell Investments Emerging Markets Fund (REMSX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GTDDX	REMSX	Difference
Sharpe ratio: Return per unit of total volatility	2.49	1.80	+0.69
Sortino ratio: Return per unit of downside risk	3.06	2.30	+0.76
Omega ratio: Gain probability vs. loss probability	1.45	1.34	+0.11
Calmar ratio: Return relative to maximum drawdown	3.92	2.67	+1.26
Martin ratio: Return relative to average drawdown	13.85	9.50	+4.35

GTDDX vs. REMSX - Sharpe Ratio Comparison

The current GTDDX Sharpe Ratio is 2.49, which is higher than the REMSX Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of GTDDX and REMSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GTDDX vs. REMSX - Drawdown Comparison

The maximum GTDDX drawdown since its inception was -62.89%, smaller than the maximum REMSX drawdown of -66.80%. Use the drawdown chart below to compare losses from any high point for GTDDX and REMSX.

Drawdown Indicators

	GTDDX	REMSX	Difference
Max Drawdown Largest peak-to-trough decline	-62.89%	-66.80%	+3.91%
Max Drawdown (1Y) Largest decline over 1 year	-14.49%	-13.87%	-0.62%
Max Drawdown (3Y) Largest decline over 3 years	-16.08%	-16.56%	+0.48%
Max Drawdown (5Y) Largest decline over 5 years	-34.81%	-35.04%	+0.23%
Max Drawdown (10Y) Largest decline over 10 years	-39.58%	-41.09%	+1.51%
Current Drawdown Current decline from peak	-9.44%	-8.70%	-0.74%
Average Drawdown Average peak-to-trough decline	-18.70%	-19.29%	+0.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.09%	3.88%	+0.21%

Volatility

GTDDX vs. REMSX - Volatility Comparison

Invesco EQV Emerging Markets All Cap Fd (GTDDX) has a higher volatility of 11.13% compared to Russell Investments Emerging Markets Fund (REMSX) at 9.95%. This indicates that GTDDX's price experiences larger fluctuations and is considered to be riskier than REMSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GTDDX	REMSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.13%	9.95%	+1.18%
Volatility (6M) Calculated over the trailing 6-month period	20.97%	18.70%	+2.27%
Volatility (1Y) Calculated over the trailing 1-year period	22.90%	20.58%	+2.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.29%	17.28%	+0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.26%	17.59%	-0.33%

GTDDX vs. REMSX - Expense Ratio Comparison

GTDDX has a 1.39% expense ratio, which is higher than REMSX's 1.19% expense ratio.

Dividends

GTDDX vs. REMSX - Dividend Comparison

GTDDX's dividend yield for the trailing twelve months is around 15.56%, more than REMSX's 1.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GTDDX Invesco EQV Emerging Markets All Cap Fd	15.56%	21.13%	1.16%	1.51%	1.17%	4.46%	5.05%	1.49%	1.53%	0.71%	0.86%	0.99%
REMSX Russell Investments Emerging Markets Fund	1.65%	1.97%	2.58%	2.42%	2.17%	14.04%	0.59%	2.51%	4.57%	1.10%	1.08%	0.13%

Frequently Asked Questions

Can I hold both GTDDX and REMSX in my portfolio?

GTDDX and REMSX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GTDDX or REMSX?

GTDDX has higher volatility (11.13%) compared to REMSX (9.95%). In terms of maximum drawdown, GTDDX dropped -62.89% vs REMSX's -66.80%.

Which has better risk-adjusted returns?

GTDDX currently has the higher Sharpe Ratio (2.49 vs 1.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.