GMF vs VXUS
GMF vs VXUS
State Street SPDR S&P Emerging Asia Pacific ETF vs Vanguard Total International Stock ETF
Quick Verdict
VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.
Side-by-Side Comparison
| Metric | GMF | VXUS | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.05% | |
| AUM | $424M | $156.5B | |
| Dividend Yield | 1.19% | 2.60% | |
| Holdings | 1,290 | 8,747 | |
| YTD Return | +10.11% | +14.57% | |
| 1Y Return | +22.28% | +27.82% | |
| 3Y Return (annualized) | +17.48% | +19.27% | |
| 5Y Return (annualized) | +6.53% | +9.28% | |
| Volatility (annualized) | 20.8% | 15.1% | |
| Max Drawdown | -67.6% | -39.9% | |
| Fund Family | SPDR State Street Global Advisors | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 19, 2007 | Jan 26, 2011 |
GMF vs VXUS Performance
State Street SPDR S&P Emerging Asia Pacific ETF (GMF) is a ETF from SPDR State Street Global Advisors and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year GMF returned +22.28% while VXUS returned +27.82%. Year to date, GMF is up 10.11% versus a gain of 14.57% for VXUS.
Over three years, GMF compounded at +17.48% per year against +19.27% for VXUS; over five years the annualized figures are +6.53% and +9.28% respectively. Across the full 16-year window we track, GMF has the edge at +5.48% annualized vs +4.86%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GMF has been the more volatile fund, with annualized monthly volatility of 20.8% compared with 15.1% for VXUS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -67.6% for GMF and -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GMF charges 0.49% per year while VXUS charges 0.05%. On a $10,000 position that is $49 vs $5 annually, a gap of $44 per year that compounds over a long holding period. On income, GMF currently yields 1.19% against 2.60% for VXUS.
Holdings Overlap
GMF and VXUS share 855 holdings out of 8245 unique holdings combined, representing a 12.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in GMF | Weight in VXUS | Difference |
|---|---|---|---|
| 2330:TW | 4.01% | 3.41% | 0.60% |
| 0700:KY | 4.34% | 0.92% | 3.42% |
| 9988:HK | 3.38% | 0.73% | 2.65% |
| HDB:MB | Pro | Pro | Pro |
| 2308:TW | Pro | Pro | Pro |
| 2454:TW | Pro | Pro | Pro |
| 2317:TW | Pro | Pro | Pro |
| 1398:HK | Pro | Pro | Pro |
| PDD | Pro | Pro | Pro |
| ASX | Pro | Pro | Pro |
See all 10 holdings GMF shares with VXUS Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, GMF or VXUS?
GMF has an expense ratio of 0.49% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $44 per year of difference.
Which performed better, GMF or VXUS?
Over the past year GMF returned +22.28% vs +27.82% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (16 years), GMF annualized +5.48% vs +4.86% for VXUS. Past performance does not guarantee future results.
Which is riskier, GMF or VXUS?
GMF has been the more volatile fund at 20.8% annualized versus 15.1% for VXUS. Worst drawdown: GMF -67.6% vs VXUS -39.9%.
Should I hold both GMF and VXUS?
GMF and VXUS have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GMF and VXUS?
GMF and VXUS share 855 common holdings with a 12.6% weight overlap. Combined, they hold 8245 unique securities.
Which pays a higher dividend, GMF or VXUS?
GMF yields 1.19% while VXUS yields 2.60%, so VXUS currently pays the higher dividend yield.
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