GMOD vs MOOD

GMODAGMO Dynamic Allocation ETF

MOODBRelative Sentiment Tactical Allocation ETF

In short

GMOD GMO's 7-year asset class forecasts, finally wrapped in an ETF. It tilts toward what the firm's valuation models call cheap and away from what they call expensive, shifting between stocks, bonds and alternatives inside one ticker.

MOOD Most tactical funds follow price. MOOD follows the gap between institutional and retail sentiment, averaging four indicators into one equity dial that can swing from 0% to fully invested.

Stated mandate

GMOD The Fund seeks positive total return. It allocates among asset classes using GMO's multi-year return forecasts and relative-risk assessments.

MOOD The Fund seeks capital appreciation by tactically allocating among ETFs and exchange-traded products covering equities, fixed income, commodities, including gold, and currencies.

Why people hold it

• GMOD 0.50% all-in, about half the typical fee in its tactical-allocation peer group, and a contractual waiver offsets the fees of the GMO funds it holds so costs are not stacked.sec.gov
• GMO's first multi-asset strategy in an ETF, run by the asset allocation team behind the firm's long-running 7-year asset class forecasts.gmo.com
• The equity dial can swing between 40% and 80% of assets under normal conditions, so the fund handles the reallocating rather than you selling positions to do it.gmo.com
• Sits in the upper tier of a crowded tactical multi-asset group on cost and process clarity.

• MOOD The engine is written down: four relative sentiment indicators, each scaled 0% to 100%, averaged into the equity allocation. Long only, no leverage.alphaarchitect.cometfarchitect.com
• Fee of 0.77% sits below the median for tactical allocation funds, with no waiver propping it up, and the fund stands in the upper half of that peer group.
• Live since 2022 and measured against a stated blend: 40% US aggregate bonds, 30% US large caps, 30% developed markets outside North America.
• Gold and commodities enter on documented triggers, such as bearish dollar and Fed-policy sentiment, rather than a manager's hunch.alphaarchitect.com

Worth knowing

• GMOD New in 2025 and lightly traded so far, which can mean wider bid-ask spreads than the big allocation ETFs.
• It owns other GMO funds, and the single 0.50% rate leans on a contractual waiver with an expiration date rather than a permanent cap.sec.gov
• Cheaper tactical allocators exist (ENDW at 0.22%, ONOF at 0.39%), though each runs a different process.

• MOOD The sentiment inputs are proprietary: you see the resulting weights, not the signal. Allocations are recomputed weekly and reallocated at the adviser's discretion.etfarchitect.comalphaarchitect.com
• 0.77% is below the category median, but cheaper tactical peers exist: ENDW at 0.22%, PBL at 0.45%, GMOD at 0.50% net of a waiver through June 30, 2027.
• Non-diversified by design and thinly traded, so a small book of ETFs drives results and spreads can run wider than the category's household names.sec.gov

Full GMOD profile⁠

Full MOOD profile⁠