See what your fund actually adds
GMO Emerging Markets ex-China Fund Class VI GMAQX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | GMAQX | Replication |
|---|---|---|
| Annualized growth | 12.2% | 9.6% |
| Annualized volatility | 19.4% | 14.3% |
| Sharpe ratio | 0.69 | 0.71 |
| Maximum drawdown | 41.2% | 26.8% |
| Replication fit (R²) | 0.69 · Tracking error 10.9% | |
Replication portfolio
The published portfolio below is the investable basket used to model GMAQX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| VEA | Intl · Developed | 34.2% |
| VWO | Emerging Markets | 32.9% |
| DGS | EM Small Cap | 23.1% |
| XLK | Sector · Technology | 9.8% |