GMO U.S. Value ETF (GMOV) Performance
GMOV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +22.1% since Dec 31, 2025
- 1 year
- +27.9% total return
- Since first price
- +38.4% since 2024
GMOV trailing returns vs SPY, QQQ, AGG
| Period | GMOV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +3.3% | +2.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +7.9% | +7.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +13.5% | +12.4% | +7.8% | +8.4% | −1.5% |
| YTD | +22.1% | +20.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +27.9% | +25.2% | +14.4% | +15.9% | −1.1% |
| Since inceptionOct 29, 2024 | +38.4% | +33.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: GMOV vs SPY
From Oct 29, 2024: GMOV grew to $13,843, SPY to $13,365.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GMOV returns by calendar year
1 of 1 full years positive. Best 2025 (+14.8%), worst 2025 (+14.8%). 2026 is year to date.
GMOV annual returns table
| Year | GMOV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +22.1% | −6.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +14.8% | −15.6% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GMOV largest drawdowns
Now 0.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 25, 2024 | −16.7% | Apr 8, 2025 | Aug 13, 2025 | 4 months | 9 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GMOV risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +16.3% |
| Volatility (annualized) | 12.6% |
| Sharpe ratio | 0.96 |
| Sortino ratio | 1.66 |
| Best month | +6.2% |
| Worst month | −6.0% |
| Best 12 months | +29.6% |
| Worst 12 months | +6.0% |
| Positive months | 61% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
GMOV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 13 | +6.0% | +21.0% | +29.6% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
GMOV performance overview
GMO U.S. Value ETF (GMOV) returned +27.9% over the past year, with distributions reinvested. Since its first recorded price on Oct 29, 2024 it has returned +38.4%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −16.7%, from Nov 25, 2024 to Apr 8, 2025, and it took 4 months to get back to the old high. Volatility has been 12.6% a year.
Related: GMOV chart, GMOV holdings, GMOV dividends, GMOV valuation. See the GMOV overview for the latest quote and fund facts.
GMOV performance FAQ
What is the GMOV return over the past year?
GMOV returned +27.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 25.2%.
How much would $10,000 invested in GMOV be worth?
$10,000 invested in GMOV at its first recorded close on October 29, 2024 would be worth about $13,843 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of GMOV?
The largest peak-to-trough decline was −16.7% between November 25, 2024 and April 8, 2025. It recovered to the old high on August 13, 2025, 4 months after the bottom.
How volatile is GMOV?
Over the past history GMOV had an annualized volatility of 12.6% and a Sharpe ratio of 0.96 (excess return over 1–3 month T-bills per unit of risk).