OWSMX vs. GWOAX
Compare and contrast key facts about Old Westbury Small & Mid Cap Strategies Fund (OWSMX) and GMO Global Developed Equity Allocation Fund (GWOAX).
OWSMX is managed by Old Westbury. It was launched on Apr 4, 2005. GWOAX is managed by GMO. It was launched on Jun 15, 2005.
Performance
OWSMX vs. GWOAX - Performance Comparison
Loading graphics...
OWSMX vs. GWOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OWSMX Old Westbury Small & Mid Cap Strategies Fund | 1.26% | 18.06% | 7.76% | 11.67% | -22.54% | 4.10% | 22.11% | 24.52% | -12.04% | 18.20% |
GWOAX GMO Global Developed Equity Allocation Fund | 3.10% | 28.37% | 6.14% | 22.49% | -14.10% | 18.53% | 10.53% | 26.56% | -12.95% | 25.63% |
Returns By Period
In the year-to-date period, OWSMX achieves a 1.26% return, which is significantly lower than GWOAX's 3.10% return. Over the past 10 years, OWSMX has underperformed GWOAX with an annualized return of 7.14%, while GWOAX has yielded a comparatively higher 11.04% annualized return.
OWSMX
- 1D
- 3.04%
- 1M
- -8.32%
- YTD
- 1.26%
- 6M
- 4.07%
- 1Y
- 20.61%
- 3Y*
- 11.21%
- 5Y*
- 2.32%
- 10Y*
- 7.14%
GWOAX
- 1D
- 2.74%
- 1M
- -5.28%
- YTD
- 3.10%
- 6M
- 9.71%
- 1Y
- 28.87%
- 3Y*
- 17.19%
- 5Y*
- 9.50%
- 10Y*
- 11.04%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
OWSMX vs. GWOAX - Expense Ratio Comparison
OWSMX has a 1.10% expense ratio, which is higher than GWOAX's 0.01% expense ratio.
Return for Risk
OWSMX vs. GWOAX — Risk / Return Rank
OWSMX
GWOAX
OWSMX vs. GWOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Old Westbury Small & Mid Cap Strategies Fund (OWSMX) and GMO Global Developed Equity Allocation Fund (GWOAX). 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.
| OWSMX | GWOAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.32 | 1.83 | -0.51 |
Sortino ratioReturn per unit of downside risk | 1.90 | 2.51 | -0.61 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.37 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 2.52 | -0.90 |
Martin ratioReturn relative to average drawdown | 6.30 | 11.23 | -4.93 |
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
| OWSMX | GWOAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 1.83 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | 0.63 | -0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.67 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.44 | +0.07 |
Correlation
The correlation between OWSMX and GWOAX is 0.89, 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
OWSMX vs. GWOAX - Dividend Comparison
OWSMX's dividend yield for the trailing twelve months is around 8.30%, more than GWOAX's 4.33% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OWSMX Old Westbury Small & Mid Cap Strategies Fund | 8.30% | 8.41% | 3.92% | 0.65% | 0.52% | 6.04% | 3.23% | 4.65% | 12.54% | 7.43% | 6.32% | 10.79% |
GWOAX GMO Global Developed Equity Allocation Fund | 4.33% | 4.46% | 0.60% | 6.10% | 7.27% | 12.75% | 3.85% | 4.33% | 3.02% | 3.05% | 6.43% | 12.47% |
Drawdowns
OWSMX vs. GWOAX - Drawdown Comparison
The maximum OWSMX drawdown since its inception was -38.35%, smaller than the maximum GWOAX drawdown of -49.84%. Use the drawdown chart below to compare losses from any high point for OWSMX and GWOAX.
Loading graphics...
Drawdown Indicators
| OWSMX | GWOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.35% | -49.84% | +11.49% |
Max Drawdown (1Y)Largest decline over 1 year | -11.67% | -11.43% | -0.24% |
Max Drawdown (5Y)Largest decline over 5 years | -34.57% | -26.21% | -8.36% |
Max Drawdown (10Y)Largest decline over 10 years | -35.96% | -35.28% | -0.68% |
Current DrawdownCurrent decline from peak | -8.98% | -6.28% | -2.70% |
Average DrawdownAverage peak-to-trough decline | -8.23% | -9.06% | +0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 2.56% | +0.44% |
Volatility
OWSMX vs. GWOAX - Volatility Comparison
Old Westbury Small & Mid Cap Strategies Fund (OWSMX) has a higher volatility of 6.48% compared to GMO Global Developed Equity Allocation Fund (GWOAX) at 5.89%. This indicates that OWSMX's price experiences larger fluctuations and is considered to be riskier than GWOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| OWSMX | GWOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.48% | 5.89% | +0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 10.62% | 9.70% | +0.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.07% | 15.92% | +0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.15% | 15.21% | +0.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.35% | 16.48% | -0.13% |