ETF Evaluator:
GMO International Value ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Foreign Large Value Over the Last Year
| 42.4% | GMO International Value ETF (GMOI) |
| 42.0% | JPMorgan International Value ETF (JIVE) |
| 40.1% | Schwab Fundamental International Eq ETF (FNDF) |
| 39.7% | Cambria Global Value ETF (GVAL) |
| 39.3% | Invesco RAFI Developed Markets ex-US ETF (PXF) |
Risk
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Risk
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ETF Details
GMO International Value ETF Overview
GMO International Value ETF (GMOI) is an actively managed International Equity Foreign Large Value exchange-traded fund (ETF). GMO launched the ETF in 2024.
The investment seeks total return.
The fund is an actively managed ETF that seeks to achieve its investment objective by investing primarily in international equity markets. It may invest in the GMO U.S. Treasury Fund, a mutual fund advised by GMO, in money market funds unaffiliated with GMO, and directly in the types of investments typically held by money market funds.
About GMO International Value ETF (GMOI)
There are 3 members of the management team with an average tenure of 1.76 years: John Thorndike (2024), George Sakoulis (2024) and Warren Chiang (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI World ex USA NR USD index with a weighting of 100% and MSCI World Ex USA Value NR USD index with a weighting of 100%. GMO International Value ETF has 175 securities in its portfolio. The top 10 holdings constitute 30.7% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
GMO International Value ETF is part of the Equity global asset class and is within the International Equity ETF group. GMO International Value ETF has 98.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 98.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). GMO International Value ETF has 0.3% of the portfolio in cash.
Assets Under Management
The fund has $547 million in total assets, which is below the $2 billion average for the Foreign Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
GMOI Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The GMO International Value ETF expense ratio is above average compared to funds in the Foreign Large Value category. GMO International Value ETF has an expense ratio of 0.60%, which is 30% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. GMO International Value ETF has a portfolio turnover rate of 4%, which indicates that it holds its assets around / 0.3 years. By way of comparison, the average portfolio turnover is 44% for the Foreign Large Value category.
Recently, in the month of July 2026, GMO International Value ETF returned 7.5%, which earned it a grade of A, as the Foreign Large Value category had an average return of 4.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
GMO International Value ETF has a trailing yield of 2.66%, which is below the 3.26% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
GMO International Value ETF Grades
Year to date, the ETF has returned 20.6%, 5.6 percentage points better than the category, which translates into a grade of A. The fund has returned 42.4% over the past year (grade of A).
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GMOI Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| GMOI Return (NAV) | 7.5% | 7.8% | 42.4% | na | na | na |
| GMOI Return (Price) | 7.6% | 7.7% | 42.1% | na | na | na |
| NAV +/- Price Return | -0.038% | 0.072% | 0.316% | na | na | na |
| Foreign Large Value Avg | 4.5% | 5.1% | 30.8% | 19.8% | 12.1% | 9.9% |
| GMOI Grade (NAV) | A | A | A | na | na | na |
| +/- Category (NAV) | 3.1% | 2.6% | 11.6% | na | na | na |
| GMOI Tax-Cost Ratio | na | na | 1.3% | na | na | na |
GMOI Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GMOI Return (NAV) | 20.6% | 45.5% | na | na | na | na | na | na | na | na | na |
| GMOI Return (Price) | 20.6% | 45.6% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.004% | 0.002% | na | na | na | na | na | na | na | na | na |
| Foreign Large Value Avg | 15.0% | 38.6% | 4.7% | 16.7% | -8.9% | 12.3% | -0.7% | 18.8% | -13.7% | 23.2% | 6.9% |
| GMOI Grade (NAV) | A | A | na | na | na | na | na | na | na | na | na |
| +/- Category | 5.6% | 7.0% | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 2.7% |
| Total Assets: | $ 548 Mil |
| Share Class Assets: | $ 548 Mil |
| Turnover: | 4.0% |
| Expense Ratio: | 0.60% |
| Index Fund: | No |
| Index Tracked: | MSCI World ex USA NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 1.8 years | |||
| Average Tenure: 1.8 years | |||
| Managers (Year): Thorndike John (2024), Sakoulis George (2024), Chiang Warren (2024) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 175 |
| % in Top 10 Holdings: | 30.7% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 98.6% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 98.6% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 1.1% |
| Cash: | 0.3% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | GMO |
| Phone Number: | 844-761-1102 |
| Website: | |
| Inception Date: | October 28, 2024 |
Expenses and Fees
| Expense Ratio (%): | 0.60% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.46% |
