CCFE vs. GDE

Last updated Jun 24, 2026

CCFE (Concourse Capital Focused Equity ETF) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both exchange-traded funds - CCFE is a Mid Cap Value Equities fund actively managed by Concourse Capital, while GDE is a Gold fund actively managed by WisdomTree. Both are actively managed. Over the past year, CCFE returned 12.20% vs 37.19% for GDE. At a 0.41 correlation, their price movements are largely independent. CCFE charges 0.95%/yr vs 0.20%/yr for GDE.

Performance

CCFE vs. GDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Concourse Capital Focused Equity ETF (CCFE) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CCFE achieves a 2.37% return, which is significantly higher than GDE's -0.50% return.

CCFE

• 1D: -1.72%
• 1M: 1.00%
• YTD: 2.37%
• 6M: 0.64%
• 1Y: 12.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GDE

• 1D: -3.14%
• 1M: -10.04%
• YTD: -0.50%
• 6M: -5.03%
• 1Y: 37.19%
• 3Y*: 40.84%
• 5Y*: —
• 10Y*: —

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

CCFE vs. GDE - Yearly Performance Comparison

	2026 (YTD)	2025
CCFE Concourse Capital Focused Equity ETF	2.37%	6.24%
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	-0.50%	38.84%

Correlation

The correlation between CCFE and GDE is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (All Time) Calculated using the full available price history since Jun 12, 2025	0.41

Return for Risk

CCFE vs. GDE — Risk / Return Rank

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

CCFE

CCFE Risk / Return Rank: 16
CCFE Sharpe Ratio Rank: 17
CCFE Sortino Ratio Rank: 18
CCFE Omega Ratio Rank: 16
CCFE Calmar Ratio Rank: 16
CCFE Martin Ratio Rank: 15

GDE

GDE Risk / Return Rank: 34
GDE Sharpe Ratio Rank: 36
GDE Sortino Ratio Rank: 32
GDE Omega Ratio Rank: 37
GDE Calmar Ratio Rank: 34
GDE Martin Ratio Rank: 32

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.

CCFE vs. GDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Concourse Capital Focused Equity ETF (CCFE) 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.

	CCFE	GDE	Difference
Sharpe ratio: Return per unit of total volatility	0.50	1.23	-0.74
Sortino ratio: Return per unit of downside risk	0.91	1.65	-0.73
Omega ratio: Gain probability vs. loss probability	1.10	1.24	-0.13
Calmar ratio: Return relative to maximum drawdown	0.58	1.65	-1.07
Martin ratio: Return relative to average drawdown	1.37	4.59	-3.22

CCFE vs. GDE - Sharpe Ratio Comparison

The current CCFE Sharpe Ratio is 0.50, which is lower than the GDE Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of CCFE and GDE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CCFE vs. GDE - Drawdown Comparison

The maximum CCFE drawdown since its inception was -21.15%, smaller than the maximum GDE drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for CCFE and GDE.

Drawdown Indicators

	CCFE	GDE	Difference
Max Drawdown Largest peak-to-trough decline	-21.15%	-32.01%	+10.86%
Max Drawdown (1Y) Largest decline over 1 year	-21.15%	-22.66%	+1.51%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.66%	—
Current Drawdown Current decline from peak	-14.46%	-19.50%	+5.04%
Average Drawdown Average peak-to-trough decline	-6.79%	-7.97%	+1.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.92%	8.12%	+0.80%

Volatility

CCFE vs. GDE - Volatility Comparison

The current volatility for Concourse Capital Focused Equity ETF (CCFE) is 6.56%, while WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a volatility of 11.41%. This indicates that CCFE experiences smaller price fluctuations and is considered to be less risky than GDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCFE	GDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.56%	11.41%	-4.85%
Volatility (6M) Calculated over the trailing 6-month period	18.92%	26.51%	-7.59%
Volatility (1Y) Calculated over the trailing 1-year period	24.59%	30.33%	-5.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.49%	27.15%	-2.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.49%	27.15%	-2.66%

CCFE vs. GDE - Expense Ratio Comparison

CCFE has a 0.95% expense ratio, which is higher than GDE's 0.20% expense ratio.

Dividends

CCFE vs. GDE - Dividend Comparison

CCFE's dividend yield for the trailing twelve months is around 0.02%, less than GDE's 4.34% yield.

Position	TTM	2025	2024	2023	2022
CCFE Concourse Capital Focused Equity ETF	0.02%	0.02%	0.00%	0.00%	0.00%
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	4.34%	4.32%	7.14%	2.22%	0.81%

Frequently Asked Questions

Can I hold both CCFE and GDE in my portfolio?

CCFE and GDE have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CCFE or GDE?

GDE has higher volatility (11.41%) compared to CCFE (6.56%). In terms of maximum drawdown, CCFE dropped -21.15% vs GDE's -32.01%.

Which ETF is better, CCFE or GDE?

On 1-year performance, GDE leads with 37.19% vs 12.20% for CCFE. On fees, GDE is cheaper at 0.20% per year. On volatility, CCFE has been the lower-risk option at 6.56%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CCFE or GDE?

Over the 1-year period, GDE has performed better with a 37.19% return vs 12.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CCFE or GDE?

GDE is cheaper with a 0.20% expense ratio, compared with 0.95% for CCFE.

Which ETF pays a higher dividend yield, CCFE or GDE?

GDE has the higher dividend yield at 4.34%, compared with 0.02% for CCFE.

What is the main difference between CCFE and GDE?

CCFE is categorized as Mid Cap Value Equities, while GDE is Gold. They also come from different issuers: Concourse Capital and WisdomTree. Their fees differ too: 0.95% for CCFE and 0.20% for GDE.

Which has better risk-adjusted returns?

GDE currently has the higher Sharpe Ratio (1.23 vs 0.50), 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.