AUAU vs. GDE
AUAU (Global X Gold Miners ETF) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both Gold funds. AUAU is passively managed, while GDE is actively managed. Their correlation of 0.82 suggests significant overlap in exposure. AUAU charges 0.35%/yr vs 0.20%/yr for GDE.
Performance
AUAU vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, AUAU achieves a -11.09% return, which is significantly lower than GDE's -2.79% return.
AUAU
- 1D
- 1.41%
- 1M
- -14.50%
- YTD
- -11.09%
- 6M
- -14.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GDE
- 1D
- 0.60%
- 1M
- -12.14%
- YTD
- -2.79%
- 6M
- -7.27%
- 1Y
- 34.15%
- 3Y*
- 40.85%
- 5Y*
- —
- 10Y*
- —
AUAU vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AUAU Global X Gold Miners ETF | -11.09% | 4.18% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | -2.79% | 2.18% |
Correlation
The correlation between AUAU and GDE is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 10, 2025 | 0.82 |
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Return for Risk
AUAU vs. GDE — Risk / Return Rank
AUAU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GDE
AUAU vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Gold Miners ETF (AUAU) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AUAU | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.22 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.51 | — |
| Martin ratioReturn relative to average drawdown | — | 4.10 | — |
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Drawdowns
AUAU vs. GDE - Drawdown Comparison
The maximum AUAU drawdown since its inception was -35.86%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for AUAU and GDE.
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Drawdown Indicators
| AUAU | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.86% | -32.01% | -3.85% |
Max Drawdown (1Y)Largest decline over 1 year | — | -22.66% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.66% | — |
Current DrawdownCurrent decline from peak | -34.32% | -21.35% | -12.97% |
Average DrawdownAverage peak-to-trough decline | -14.51% | -8.00% | -6.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 8.34% | — |
Volatility
AUAU vs. GDE - Volatility Comparison
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Volatility by Period
| AUAU | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.71% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 26.56% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 52.21% | 30.44% | +21.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.21% | 27.16% | +25.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.21% | 27.16% | +25.05% |
AUAU vs. GDE - Expense Ratio Comparison
AUAU has a 0.35% expense ratio, which is higher than GDE's 0.20% expense ratio.
Dividends
AUAU vs. GDE - Dividend Comparison
AUAU has not paid dividends to shareholders, while GDE's dividend yield for the trailing twelve months is around 4.44%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
AUAU Global X Gold Miners ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.44% | 4.32% | 7.14% | 2.22% | 0.81% |
Frequently Asked Questions
AUAU and GDE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GDE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GDE is cheaper with a 0.20% expense ratio, compared with 0.35% for AUAU.
GDE has the higher dividend yield at 4.44%, compared with 0.00% for AUAU.
They also come from different issuers: Global X and WisdomTree. Their fees differ too: 0.35% for AUAU and 0.20% for GDE.
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