IMRFX vs. GIMFX
Compare and contrast key facts about Columbia Global Opportunities Fund (IMRFX) and GMO Implementation Fund (GIMFX).
IMRFX is managed by Columbia. It was launched on Jan 22, 1985. GIMFX is managed by GMO. It was launched on Feb 29, 2012.
Performance
IMRFX vs. GIMFX - Performance Comparison
Loading graphics...
IMRFX vs. GIMFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IMRFX Columbia Global Opportunities Fund | -3.77% | 15.88% | 7.46% | 11.29% | -21.02% | 6.25% | 12.55% | 15.62% | -7.03% | 18.17% |
GIMFX GMO Implementation Fund | 4.96% | 25.37% | 2.67% | 14.75% | -1.24% | 4.05% | -7.25% | 13.24% | -5.58% | 14.09% |
Returns By Period
In the year-to-date period, IMRFX achieves a -3.77% return, which is significantly lower than GIMFX's 4.96% return. Over the past 10 years, IMRFX has underperformed GIMFX with an annualized return of 5.09%, while GIMFX has yielded a comparatively higher 6.46% annualized return.
IMRFX
- 1D
- -0.08%
- 1M
- -7.67%
- YTD
- -3.77%
- 6M
- -1.67%
- 1Y
- 12.35%
- 3Y*
- 8.44%
- 5Y*
- 2.08%
- 10Y*
- 5.09%
GIMFX
- 1D
- 0.25%
- 1M
- -5.36%
- YTD
- 4.96%
- 6M
- 11.65%
- 1Y
- 25.30%
- 3Y*
- 14.62%
- 5Y*
- 8.53%
- 10Y*
- 6.46%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IMRFX vs. GIMFX - Expense Ratio Comparison
IMRFX has a 1.15% expense ratio, which is higher than GIMFX's 0.02% expense ratio.
Return for Risk
IMRFX vs. GIMFX — Risk / Return Rank
IMRFX
GIMFX
IMRFX vs. GIMFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Global Opportunities Fund (IMRFX) and GMO Implementation Fund (GIMFX). 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.
| IMRFX | GIMFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.18 | 2.85 | -1.67 |
Sortino ratioReturn per unit of downside risk | 1.66 | 3.70 | -2.03 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.57 | -0.34 |
Calmar ratioReturn relative to maximum drawdown | 1.43 | 3.48 | -2.06 |
Martin ratioReturn relative to average drawdown | 6.22 | 13.93 | -7.71 |
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
| IMRFX | GIMFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.18 | 2.85 | -1.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 1.01 | -0.82 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.73 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.64 | -0.04 |
Correlation
The correlation between IMRFX and GIMFX is 0.76, 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
IMRFX vs. GIMFX - Dividend Comparison
IMRFX's dividend yield for the trailing twelve months is around 18.57%, more than GIMFX's 4.07% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
IMRFX Columbia Global Opportunities Fund | 18.57% | 17.87% | 0.47% | 0.00% | 6.62% | 7.92% | 4.40% | 1.75% | 0.35% | 0.00% | 2.77% |
GIMFX GMO Implementation Fund | 4.07% | 4.28% | 3.39% | 5.93% | 3.59% | 3.28% | 2.25% | 3.99% | 4.59% | 2.95% | 1.98% |
Drawdowns
IMRFX vs. GIMFX - Drawdown Comparison
The maximum IMRFX drawdown since its inception was -45.67%, which is greater than GIMFX's maximum drawdown of -25.87%. Use the drawdown chart below to compare losses from any high point for IMRFX and GIMFX.
Loading graphics...
Drawdown Indicators
| IMRFX | GIMFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.67% | -25.87% | -19.80% |
Max Drawdown (1Y)Largest decline over 1 year | -8.07% | -6.79% | -1.28% |
Max Drawdown (5Y)Largest decline over 5 years | -28.77% | -14.02% | -14.75% |
Max Drawdown (10Y)Largest decline over 10 years | -28.77% | -25.87% | -2.90% |
Current DrawdownCurrent decline from peak | -8.07% | -5.36% | -2.71% |
Average DrawdownAverage peak-to-trough decline | -7.35% | -4.33% | -3.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.85% | 1.75% | +0.10% |
Volatility
IMRFX vs. GIMFX - Volatility Comparison
Columbia Global Opportunities Fund (IMRFX) has a higher volatility of 4.46% compared to GMO Implementation Fund (GIMFX) at 3.70%. This indicates that IMRFX's price experiences larger fluctuations and is considered to be riskier than GIMFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IMRFX | GIMFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.46% | 3.70% | +0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 7.08% | 5.81% | +1.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.52% | 8.81% | +1.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.82% | 8.46% | +2.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.34% | 8.93% | +1.41% |