CAL vs. GDE
CAL (Caleres, Inc.) is a stock, while GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) is Gold fund actively managed by WisdomTree. Over the past 3 years, CAL returned -19.06%/yr vs 40.84%/yr for GDE. At a 0.25 correlation, their price movements are largely independent.
Performance
CAL vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, CAL achieves a 1.99% return, which is significantly higher than GDE's -0.50% return.
CAL
- 1D
- -3.16%
- 1M
- -8.65%
- YTD
- 1.99%
- 6M
- -3.04%
- 1Y
- -0.13%
- 3Y*
- -19.06%
- 5Y*
- -14.30%
- 10Y*
- -4.99%
GDE
- 1D
- -3.14%
- 1M
- -10.04%
- YTD
- -0.50%
- 6M
- -5.03%
- 1Y
- 37.19%
- 3Y*
- 40.84%
- 5Y*
- —
- 10Y*
- —
CAL vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CAL Caleres, Inc. | 1.99% | -46.44% | -23.94% | 39.45% | 6.24% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | -0.50% | 73.76% | 44.79% | 33.85% | -8.58% |
Correlation
The correlation between CAL and GDE is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022 | 0.25 |
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Return for Risk
CAL vs. GDE — Risk / Return Rank
CAL
GDE
CAL vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Caleres, Inc. (CAL) 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.
| CAL | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.15 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.24 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.00 | 1.65 | -1.65 |
| Martin ratioReturn relative to average drawdown | -0.01 | 4.59 | -4.60 |
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Drawdowns
CAL vs. GDE - Drawdown Comparison
The maximum CAL drawdown since its inception was -94.08%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for CAL and GDE.
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Drawdown Indicators
| CAL | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.08% | -32.01% | -62.07% |
Max Drawdown (1Y)Largest decline over 1 year | -43.19% | -22.66% | -20.53% |
Max Drawdown (3Y)Largest decline over 3 years | -79.35% | -22.66% | -56.69% |
Max Drawdown (5Y)Largest decline over 5 years | -79.35% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -91.64% | — | — |
Current DrawdownCurrent decline from peak | -71.08% | -19.50% | -51.58% |
Average DrawdownAverage peak-to-trough decline | -33.01% | -7.97% | -25.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.23% | 8.12% | +11.11% |
Volatility
CAL vs. GDE - Volatility Comparison
Caleres, Inc. (CAL) has a higher volatility of 23.49% compared to WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) at 11.41%. This indicates that CAL's price experiences larger fluctuations and is considered to be riskier than GDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAL | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.49% | 11.41% | +12.08% |
Volatility (6M)Calculated over the trailing 6-month period | 48.30% | 26.51% | +21.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.49% | 30.33% | +34.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.14% | 27.15% | +28.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.99% | 27.15% | +35.84% |
Dividends
CAL vs. GDE - Dividend Comparison
CAL's dividend yield for the trailing twelve months is around 2.28%, less than GDE's 4.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAL Caleres, Inc. | 2.28% | 2.30% | 1.21% | 0.91% | 1.26% | 1.23% | 1.79% | 1.18% | 1.01% | 0.84% | 0.85% | 1.04% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.34% | 4.32% | 7.14% | 2.22% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CAL and GDE have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAL has higher volatility (23.49%) compared to GDE (11.41%). In terms of maximum drawdown, CAL dropped -94.08% vs GDE's -32.01%.
GDE currently has the higher Sharpe Ratio (1.23 vs -0.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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