ALLW vs. GDT

Last updated Jun 4, 2026

ALLW (SPDR Bridgewater All Weather ETF) and GDT (WisdomTree Efficient TIPS Plus Gold Fund) are both Tactical Allocation funds. Both are actively managed. A 0.76 correlation means they provide meaningful diversification when combined. ALLW charges 0.85%/yr vs 0.30%/yr for GDT.

Performance

ALLW vs. GDT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Bridgewater All Weather ETF (ALLW) and WisdomTree Efficient TIPS Plus Gold Fund (GDT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ALLW

• 1D: -0.76%
• 1M: 0.91%
• YTD: 9.20%
• 6M: 8.47%
• 1Y: 23.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GDT

• 1D: -0.85%
• 1M: -1.71%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ALLW vs. GDT - Yearly Performance Comparison

	2026 (YTD)
ALLW SPDR Bridgewater All Weather ETF	4.67%
GDT WisdomTree Efficient TIPS Plus Gold Fund	-8.05%

Correlation

The correlation between ALLW and GDT is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 23, 2026	0.76

Return for Risk

ALLW vs. GDT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALLW

ALLW Risk / Return Rank: 67
ALLW Sharpe Ratio Rank: 67
ALLW Sortino Ratio Rank: 64
ALLW Omega Ratio Rank: 67
ALLW Calmar Ratio Rank: 66
ALLW Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ALLW vs. GDT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bridgewater All Weather ETF (ALLW) and WisdomTree Efficient TIPS Plus Gold Fund (GDT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ALLW	GDT	Difference
Sharpe ratio: Return per unit of total volatility	2.27	—	—
Sortino ratio: Return per unit of downside risk	3.05	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	3.30	—	—
Martin ratio: Return relative to average drawdown	14.01	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ALLW	GDT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.27	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.62	-0.63	+2.24

Drawdowns

ALLW vs. GDT - Drawdown Comparison

The maximum ALLW drawdown since its inception was -8.78%, smaller than the maximum GDT drawdown of -18.06%. Use the drawdown chart below to compare losses from any high point for ALLW and GDT.

Drawdown Indicators

	ALLW	GDT	Difference
Max Drawdown Largest peak-to-trough decline	-8.78%	-18.06%	+9.28%
Max Drawdown (1Y) Largest decline over 1 year	-7.23%	—	—
Current Drawdown Current decline from peak	-0.79%	-16.07%	+15.28%
Average Drawdown Average peak-to-trough decline	-1.20%	-9.90%	+8.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.70%	—	—

Volatility

Volatility by Period

	ALLW	GDT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.43%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.71%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.52%	33.36%	-22.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.54%	33.36%	-20.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.54%	33.36%	-20.82%

ALLW vs. GDT - Expense Ratio Comparison

ALLW has a 0.85% expense ratio, which is higher than GDT's 0.30% expense ratio.

Dividends

ALLW vs. GDT - Dividend Comparison

ALLW's dividend yield for the trailing twelve months is around 4.28%, more than GDT's 1.77% yield.

Position	TTM	2025
ALLW SPDR Bridgewater All Weather ETF	4.28%	4.67%
GDT WisdomTree Efficient TIPS Plus Gold Fund	1.77%	0.00%

Frequently Asked Questions

Can I hold both ALLW and GDT in my portfolio?

ALLW and GDT have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ALLW or GDT?

On fees, GDT is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ALLW or GDT?

GDT is cheaper with a 0.30% expense ratio, compared with 0.85% for ALLW.

Which ETF pays a higher dividend yield, ALLW or GDT?

ALLW has the higher dividend yield at 4.28%, compared with 1.77% for GDT.

What is the main difference between ALLW and GDT?

They also come from different issuers: State Street and WisdomTree. Their fees differ too: 0.85% for ALLW and 0.30% for GDT.