Every fingering that fits a hand
0101
open
0464
easy
What is true of it
Gdim7 is G, B♭, D♭ and F♭ — 1, b3, b5 and bb7 counted from G.
The easiest of the 2 fingerings below is 0101: 2 fingers, held at the 1st fret.
1 of them use open strings, which is what makes a shape quiet to change to.
Where its notes are on the neck
The brass dots are G, the root. Everything else is a chord tone with its degree printed in it.
With a different note underneath
Gdim7/B♭
3434
Gdim7/D♭
6767
Gdim7/F♭
9a9a
An inversion is the same chord with a different note lowest. The name changes to a slash name because the bass is what a listener hears as the foundation.