GWOAX vs. GUSTX
Compare and contrast key facts about GMO Global Developed Equity Allocation Fund (GWOAX) and GMO U.S. Treasury Fund (GUSTX).
GWOAX is managed by GMO. It was launched on Jun 15, 2005. GUSTX is managed by GMO. It was launched on Mar 16, 2009.
Performance
GWOAX vs. GUSTX - Performance Comparison
Loading graphics...
GWOAX vs. GUSTX - 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% |
GUSTX GMO U.S. Treasury Fund | 0.51% | 4.45% | 2.21% | 2.52% | -0.73% | -0.06% | 0.89% | 0.14% | -79.59% | 0.43% |
Returns By Period
In the year-to-date period, GWOAX achieves a 4.20% return, which is significantly higher than GUSTX's 0.51% return. Over the past 10 years, GWOAX has outperformed GUSTX with an annualized return of 11.16%, while GUSTX has yielded a comparatively lower -13.82% 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%
GUSTX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.51%
- 6M
- 1.51%
- 1Y
- 3.69%
- 3Y*
- 3.15%
- 5Y*
- 1.76%
- 10Y*
- -13.82%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GWOAX vs. GUSTX - Expense Ratio Comparison
Both GWOAX and GUSTX have an expense ratio of 0.01%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
GWOAX vs. GUSTX — Risk / Return Rank
GWOAX
GUSTX
GWOAX vs. GUSTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Global Developed Equity Allocation Fund (GWOAX) and GMO U.S. Treasury Fund (GUSTX). 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 | GUSTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.91 | 3.18 | -1.28 |
Sortino ratioReturn per unit of downside risk | 2.61 | 10.74 | -8.14 |
Omega ratioGain probability vs. loss probability | 1.39 | 7.08 | -5.69 |
Calmar ratioReturn relative to maximum drawdown | 2.65 | 20.50 | -17.84 |
Martin ratioReturn relative to average drawdown | 11.75 | 57.63 | -45.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GWOAX | GUSTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | 3.18 | -1.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 1.03 | -0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | -0.55 | +1.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | -0.44 | +0.89 |
Correlation
The correlation between GWOAX and GUSTX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
GWOAX vs. GUSTX - Dividend Comparison
GWOAX's dividend yield for the trailing twelve months is around 4.28%, more than GUSTX's 3.62% 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% |
GUSTX GMO U.S. Treasury Fund | 3.62% | 4.15% | 1.98% | 2.28% | 0.26% | 0.14% | 0.09% | 0.14% | 8.96% | 0.50% | 0.05% | 0.04% |
Drawdowns
GWOAX vs. GUSTX - Drawdown Comparison
The maximum GWOAX drawdown since its inception was -49.84%, smaller than the maximum GUSTX drawdown of -79.98%. Use the drawdown chart below to compare losses from any high point for GWOAX and GUSTX.
Loading graphics...
Drawdown Indicators
| GWOAX | GUSTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.84% | -79.98% | +30.14% |
Max Drawdown (1Y)Largest decline over 1 year | -8.78% | -0.20% | -8.58% |
Max Drawdown (5Y)Largest decline over 5 years | -26.21% | -1.19% | -25.02% |
Max Drawdown (10Y)Largest decline over 10 years | -35.28% | -79.98% | +44.70% |
Current DrawdownCurrent decline from peak | -5.29% | -77.89% | +72.60% |
Average DrawdownAverage peak-to-trough decline | -9.06% | -35.62% | +26.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 0.07% | +2.51% |
Volatility
GWOAX vs. GUSTX - Volatility Comparison
GMO Global Developed Equity Allocation Fund (GWOAX) has a higher volatility of 5.64% compared to GMO U.S. Treasury Fund (GUSTX) at 0.29%. This indicates that GWOAX's price experiences larger fluctuations and is considered to be riskier than GUSTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GWOAX | GUSTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.64% | 0.29% | +5.35% |
Volatility (6M)Calculated over the trailing 6-month period | 9.74% | 0.83% | +8.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.95% | 1.21% | +14.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.21% | 1.73% | +13.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.48% | 25.44% | -8.96% |