PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

WisdomTree Physical Gold EUR Daily Hedged (GBSE.DE) Alternatives

ETF · Currency in EUR · Last updated Jun 5, 2026

GBSE.DE is a passive ETF by WisdomTree tracking the investment results of the MS Long Gold Euro Hedged. GBSE.DE launched on Mar 21, 2013 and has a 0.12% expense ratio.

WisdomTree Physical Gold EUR Daily Hedged (GBSE.DE) belongs to the Gold category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GBSE.DE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to GBSE.DE

GBSE.DE charges 0.12% annually. No ETFs in the Gold category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.34%.

SymbolNameExpense RatioAUMInception
8PSE.DE
Invesco Physical Gold (EUR Hedged) ETC0.34%—Jul 2020GBSE.DE vs 8PSE.DE
YGLD.DE
IncomeShares Gold + Yield ETP0.35%—Jul 2024GBSE.DE vs YGLD.DE
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist0.65%—Dec 2023GBSE.DE vs CD91.DE
BOLD.DE
21Shares Bitcoin Gold ETP0.65%—Apr 2022GBSE.DE vs BOLD.DE

Best Risk-Adjusted Alternatives to GBSE.DE

GBSE.DE has a PortfoliosLab risk / return rank of 32. There are 3 ETFs in the Gold category with higher risk-adjusted ranks, going as high as 44.

SymbolNameRisk / Return RankAUMInception
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist
44
—Dec 2023GBSE.DE vs CD91.DE
4GLD.DE
Xetra-Gold
36
—Nov 2007GBSE.DE vs 4GLD.DE
8PSE.DE
Invesco Physical Gold (EUR Hedged) ETC
35
—Jul 2020GBSE.DE vs 8PSE.DE
YGLD.DE
IncomeShares Gold + Yield ETP
21
—Jul 2024GBSE.DE vs YGLD.DE
BOLD.DE
21Shares Bitcoin Gold ETP
11
—Apr 2022GBSE.DE vs BOLD.DE

Top Performing GBSE.DE Alternatives (YTD)

GBSE.DE is at 0.31% YTD. There are 2 ETFs in the Gold category with higher YTD returns, going as high as 2.80%.

SymbolNameYTD ReturnAUMInception
4GLD.DE
Xetra-Gold
2.80%
—Nov 2007GBSE.DE vs 4GLD.DE
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist
2.09%
—Dec 2023GBSE.DE vs CD91.DE
8PSE.DE
Invesco Physical Gold (EUR Hedged) ETC
0.15%
—Jul 2020GBSE.DE vs 8PSE.DE
YGLD.DE
IncomeShares Gold + Yield ETP
-5.17%
—Jul 2024GBSE.DE vs YGLD.DE
BOLD.DE
21Shares Bitcoin Gold ETP
-6.72%
—Apr 2022GBSE.DE vs BOLD.DE

Lowest Volatility Alternatives to GBSE.DE

GBSE.DE has 24.64% 1-year volatility. There are 2 ETFs in the Gold category with lower 1-year volatility, going as low as 22.16%.

SymbolNameVolatility 1YAUMInception
BOLD.DE
21Shares Bitcoin Gold ETP22.16%—Apr 2022GBSE.DE vs BOLD.DE
4GLD.DE
Xetra-Gold23.06%—Nov 2007GBSE.DE vs 4GLD.DE
YGLD.DE
IncomeShares Gold + Yield ETP29.80%—Jul 2024GBSE.DE vs YGLD.DE
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist42.29%—Dec 2023GBSE.DE vs CD91.DE
8PSE.DE
Invesco Physical Gold (EUR Hedged) ETC181.73%—Jul 2020GBSE.DE vs 8PSE.DE

Lowest Drawdown Alternatives to GBSE.DE

GBSE.DE has a 1-year max drawdown of -17.55%. There are 3 ETFs in the Gold category with shallower 1-year drawdowns, going as shallow as -16.54%.

SymbolNameMax Drawdown 1YAUMInception
4GLD.DE
Xetra-Gold
-16.54%
—Nov 2007GBSE.DE vs 4GLD.DE
BOLD.DE
21Shares Bitcoin Gold ETP
-16.73%
—Apr 2022GBSE.DE vs BOLD.DE
YGLD.DE
IncomeShares Gold + Yield ETP
-16.94%
—Jul 2024GBSE.DE vs YGLD.DE
CD91.DE
Amundi NYSE Arca Gold Bugs UCITS ETF Dist
-27.16%
—Dec 2023GBSE.DE vs CD91.DE
8PSE.DE
Invesco Physical Gold (EUR Hedged) ETC
-50.81%
—Jul 2020GBSE.DE vs 8PSE.DE

Other ETFs from WisdomTree

The 10 most viewed WisdomTree ETFs shown here include WQTM.DE, EUDF.DE, WTI2.DE and span 9 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
WQTM.DE
WisdomTree Quantum Computing UCITS ETF USD Accumul...Technology Equities—
50.87%
—Aug 2025GBSE.DE vs WQTM.DE
EUDF.DE
WisdomTree Europe Defence UCITS ETF - EUR AccAerospace & Defense
8
2.51%
—Mar 2025GBSE.DE vs EUDF.DE
WTI2.DE
WisdomTree Artificial Intelligence UCITS ETF USD A...Technology Equities
88
49.52%
—Nov 2018GBSE.DE vs WTI2.DE
SLVR.DE
WisdomTree SilverSilver, Precious Metals
52
1.99%
—Sep 2006GBSE.DE vs SLVR.DE
WTEE.DE
WisdomTree Europe Equity Income UCITS ETFEurope Equities
74
13.70%
—Oct 2014GBSE.DE vs WTEE.DE
PCOM.DE
WisdomTree Broad Commodities UCITS ETFCommodities
60
25.30%
—Nov 2021GBSE.DE vs PCOM.DE
W1TB.DE
WisdomTree Cybersecurity UCITS ETF USD AccTechnology Equities
13
23.96%
—Jan 2021GBSE.DE vs W1TB.DE
NTSG.DE
WisdomTree Global Efficient Core UCITS ETF USD Acc...Global Allocation
59
8.92%
—Nov 2024GBSE.DE vs NTSG.DE
WTEF.DE
WisdomTree US Efficient Core UCITS ETF USD Unhedge...Large Cap Blend Equities
50
9.49%
—Oct 2023GBSE.DE vs WTEF.DE
WTEI.DE
WisdomTree Emerging Markets Equity Income UCITS ET...Emerging Markets Equities
72
19.49%
—Nov 2014GBSE.DE vs WTEI.DE

Often Compared With GBSE.DE

Investors most often compare GBSE.DE with WTEJ.DE, 8PSG.DE. These 2 comparison targets span 3 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
WTEJ.DE
WisdomTree Cloud Computing UCITS ETF USD AccTechnology Equities
7
-3.77%
—Sep 2019GBSE.DE vs WTEJ.DE
8PSG.DE
Invesco Physical Gold ETCGold, Precious Metals
36
2.72%
—Jun 2009GBSE.DE vs 8PSG.DE

Compare GBSE.DE with Any Fund or Stock

Compare GBSE.DE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair GBSE.DE with funds that move differently

WisdomTree Physical Gold EUR Daily Hedged alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GBSE.DE.

Explore GBSE.DE Diversifiers