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 -21.47%/yr vs 39.54%/yr for GDE. At a 0.24 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 -1.59% return, which is significantly lower than GDE's -1.12% return.
CAL
- 1D
- 0.25%
- 1M
- -19.13%
- 6M
- -13.15%
- YTD
- -1.59%
- 1Y
- -17.61%
- 3Y*
- -21.47%
- 5Y*
- -12.71%
- 10Y*
- -6.39%
GDE
- 1D
- -3.15%
- 1M
- -4.15%
- 6M
- -7.79%
- YTD
- -1.12%
- 1Y
- 32.65%
- 3Y*
- 39.54%
- 5Y*
- —
- 10Y*
- —
CAL vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CAL Caleres, Inc. | -1.59% | -46.44% | -23.94% | 39.45% | 6.24% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | -1.12% | 73.76% | 44.79% | 33.85% | -8.58% |
Correlation
The correlation between CAL and GDE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
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 | 0.24 |
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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 | -1.34 | ||
| Sortino ratioReturn per unit of downside risk | -1.44 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.21 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | -0.41 | 1.45 | -1.86 |
| Martin ratioReturn relative to average drawdown | -0.89 | 3.55 | -4.44 |
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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 | -72.09% | -20.00% | -52.09% |
Average DrawdownAverage peak-to-trough decline | -33.06% | -8.11% | -24.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.82% | 9.22% | +10.60% |
Volatility
CAL vs. GDE - Volatility Comparison
Caleres, Inc. (CAL) has a higher volatility of 20.19% compared to WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) at 9.33%. 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 | 20.19% | 9.33% | +10.86% |
Volatility (6M)Calculated over the trailing 6-month period | 48.70% | 26.26% | +22.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.96% | 30.73% | +34.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.28% | 27.13% | +29.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.11% | 27.13% | +35.98% |
Dividends
CAL vs. GDE - Dividend Comparison
CAL's dividend yield for the trailing twelve months is around 2.36%, less than GDE's 4.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAL Caleres, Inc. | 2.36% | 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 | 4.37% | 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 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAL has higher volatility (20.19%) compared to GDE (9.33%). In terms of maximum drawdown, CAL dropped -94.08% vs GDE's -32.01%.
GDE currently has the higher Sharpe Ratio (1.07 vs -0.27), 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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