GWOAX vs. GIDGX
Compare and contrast key facts about GMO Global Developed Equity Allocation Fund (GWOAX) and Goldman Sachs Enhanced Dividend Global Equity Portfolio (GIDGX).
GWOAX is managed by GMO. It was launched on Jun 15, 2005. GIDGX is managed by Goldman Sachs. It was launched on Apr 29, 2008.
Performance
GWOAX vs. GIDGX - Performance Comparison
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GWOAX vs. GIDGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GWOAX GMO Global Developed Equity Allocation Fund | 4.20% | 28.37% | 6.14% | 22.49% | -14.10% | 18.53% | 10.53% | 26.56% | -12.95% | 25.63% |
GIDGX Goldman Sachs Enhanced Dividend Global Equity Portfolio | 0.04% | 15.74% | 20.59% | 17.92% | -12.75% | 18.46% | 8.41% | 19.97% | -8.26% | 15.18% |
Returns By Period
In the year-to-date period, GWOAX achieves a 4.20% return, which is significantly higher than GIDGX's 0.04% return. Over the past 10 years, GWOAX has outperformed GIDGX with an annualized return of 11.16%, while GIDGX has yielded a comparatively lower 9.98% annualized return.
GWOAX
- 1D
- 1.07%
- 1M
- -2.09%
- YTD
- 4.20%
- 6M
- 10.81%
- 1Y
- 29.64%
- 3Y*
- 17.61%
- 5Y*
- 9.73%
- 10Y*
- 11.16%
GIDGX
- 1D
- 0.82%
- 1M
- -2.26%
- YTD
- 0.04%
- 6M
- 3.00%
- 1Y
- 16.65%
- 3Y*
- 15.88%
- 5Y*
- 9.60%
- 10Y*
- 9.98%
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GWOAX vs. GIDGX - Expense Ratio Comparison
GWOAX has a 0.01% expense ratio, which is lower than GIDGX's 0.17% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
GWOAX vs. GIDGX — Risk / Return Rank
GWOAX
GIDGX
GWOAX vs. GIDGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Global Developed Equity Allocation Fund (GWOAX) and Goldman Sachs Enhanced Dividend Global Equity Portfolio (GIDGX). 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.
| GWOAX | GIDGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.91 | 1.32 | +0.58 |
Sortino ratioReturn per unit of downside risk | 2.61 | 1.80 | +0.81 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.29 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 2.65 | 1.63 | +1.02 |
Martin ratioReturn relative to average drawdown | 11.75 | 8.03 | +3.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GWOAX | GIDGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | 1.32 | +0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.74 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.71 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.65 | -0.20 |
Correlation
The correlation between GWOAX and GIDGX is 0.92, 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.
Dividends
GWOAX vs. GIDGX - Dividend Comparison
GWOAX's dividend yield for the trailing twelve months is around 4.28%, less than GIDGX's 6.17% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GWOAX GMO Global Developed Equity Allocation Fund | 4.28% | 4.46% | 0.60% | 6.10% | 7.27% | 12.75% | 3.85% | 4.33% | 3.02% | 3.05% | 6.43% | 12.47% |
GIDGX Goldman Sachs Enhanced Dividend Global Equity Portfolio | 6.17% | 5.92% | 12.06% | 4.32% | 8.89% | 8.41% | 1.99% | 4.85% | 5.67% | 3.35% | 2.97% | 3.21% |
Drawdowns
GWOAX vs. GIDGX - Drawdown Comparison
The maximum GWOAX drawdown since its inception was -49.84%, which is greater than GIDGX's maximum drawdown of -31.63%. Use the drawdown chart below to compare losses from any high point for GWOAX and GIDGX.
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Drawdown Indicators
| GWOAX | GIDGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.84% | -31.63% | -18.21% |
Max Drawdown (1Y)Largest decline over 1 year | -8.78% | -7.18% | -1.60% |
Max Drawdown (5Y)Largest decline over 5 years | -26.21% | -20.39% | -5.82% |
Max Drawdown (10Y)Largest decline over 10 years | -35.28% | -31.63% | -3.65% |
Current DrawdownCurrent decline from peak | -5.29% | -4.03% | -1.26% |
Average DrawdownAverage peak-to-trough decline | -9.06% | -3.90% | -5.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 2.22% | +0.36% |
Volatility
GWOAX vs. GIDGX - Volatility Comparison
GMO Global Developed Equity Allocation Fund (GWOAX) has a higher volatility of 5.64% compared to Goldman Sachs Enhanced Dividend Global Equity Portfolio (GIDGX) at 4.99%. This indicates that GWOAX's price experiences larger fluctuations and is considered to be riskier than GIDGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GWOAX | GIDGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.64% | 4.99% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 9.74% | 7.83% | +1.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.95% | 13.16% | +2.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.21% | 12.96% | +2.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.48% | 14.16% | +2.32% |