USAWX vs. GWOAX
Compare and contrast key facts about USAA Sustainable World Fund (USAWX) and GMO Global Developed Equity Allocation Fund (GWOAX).
USAWX is managed by Victory. It was launched on Sep 30, 1992. GWOAX is managed by GMO. It was launched on Jun 15, 2005.
Performance
USAWX vs. GWOAX - Performance Comparison
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USAWX vs. GWOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USAWX USAA Sustainable World Fund | -0.95% | 19.39% | 18.13% | 24.65% | -19.97% | 17.68% | 15.73% | 32.11% | -9.81% | 23.93% |
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, USAWX achieves a -0.95% return, which is significantly lower than GWOAX's 3.10% return. Both investments have delivered pretty close results over the past 10 years, with USAWX having a 11.41% annualized return and GWOAX not far behind at 11.04%.
USAWX
- 1D
- 3.03%
- 1M
- -5.47%
- YTD
- -0.95%
- 6M
- 2.65%
- 1Y
- 22.05%
- 3Y*
- 17.29%
- 5Y*
- 9.22%
- 10Y*
- 11.41%
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%
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USAWX vs. GWOAX - Expense Ratio Comparison
USAWX has a 1.05% expense ratio, which is higher than GWOAX's 0.01% expense ratio.
Return for Risk
USAWX vs. GWOAX — Risk / Return Rank
USAWX
GWOAX
USAWX vs. GWOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Sustainable World Fund (USAWX) 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.
| USAWX | GWOAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.36 | 1.83 | -0.47 |
Sortino ratioReturn per unit of downside risk | 1.97 | 2.51 | -0.55 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.95 | 2.52 | -0.57 |
Martin ratioReturn relative to average drawdown | 9.11 | 11.23 | -2.12 |
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
| USAWX | GWOAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.36 | 1.83 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.63 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.67 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.44 | +0.08 |
Correlation
The correlation between USAWX and GWOAX is 0.93, 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
USAWX vs. GWOAX - Dividend Comparison
USAWX's dividend yield for the trailing twelve months is around 11.76%, more than GWOAX's 4.33% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USAWX USAA Sustainable World Fund | 11.76% | 11.65% | 6.66% | 1.03% | 2.88% | 18.85% | 4.70% | 41.19% | 7.16% | 4.40% | 2.85% | 2.88% |
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
USAWX vs. GWOAX - Drawdown Comparison
The maximum USAWX drawdown since its inception was -51.65%, roughly equal to the maximum GWOAX drawdown of -49.84%. Use the drawdown chart below to compare losses from any high point for USAWX and GWOAX.
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Drawdown Indicators
| USAWX | GWOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.65% | -49.84% | -1.81% |
Max Drawdown (1Y)Largest decline over 1 year | -11.54% | -11.43% | -0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -37.47% | -26.21% | -11.26% |
Max Drawdown (10Y)Largest decline over 10 years | -37.47% | -35.28% | -2.19% |
Current DrawdownCurrent decline from peak | -6.43% | -6.28% | -0.15% |
Average DrawdownAverage peak-to-trough decline | -9.90% | -9.06% | -0.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.46% | 2.56% | -0.10% |
Volatility
USAWX vs. GWOAX - Volatility Comparison
USAA Sustainable World Fund (USAWX) and GMO Global Developed Equity Allocation Fund (GWOAX) have volatilities of 6.11% and 5.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| USAWX | GWOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.11% | 5.89% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 9.74% | 9.70% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.54% | 15.92% | +0.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.57% | 15.21% | +4.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.61% | 16.48% | +2.13% |