CEFZ vs. GDT

Last updated Apr 1, 2026

Compare and contrast key facts about RiverNorth Active Income ETF (CEFZ) and WisdomTree Efficient TIPS Plus Gold Fund (GDT).

CEFZ and GDT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CEFZ is an actively managed fund by RiverNorth. It was launched on Aug 4, 2025. GDT is an actively managed fund by WisdomTree. It was launched on Jan 22, 2026.

Performance

CEFZ vs. GDT - Performance Comparison

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

CEFZ vs. GDT - Yearly Performance Comparison

	2026 (YTD)
CEFZ RiverNorth Active Income ETF	-4.19%
GDT WisdomTree Efficient TIPS Plus Gold Fund	-3.92%

Returns By Period

CEFZ

• 1D: 1.92%
• 1M: -3.47%
• YTD: -1.73%
• 6M: 0.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GDT

• 1D: 3.36%
• 1M: -10.31%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CEFZ vs. GDT - Expense Ratio Comparison

CEFZ has a 3.36% expense ratio, which is higher than GDT's 0.30% expense ratio.

CEFZ

RiverNorth Active Income ETF

GDT

WisdomTree Efficient TIPS Plus Gold Fund

Return for Risk

CEFZ vs. GDT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RiverNorth Active Income ETF (CEFZ) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CEFZ	GDT	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	-0.45	+1.32

Correlation

The correlation between CEFZ and GDT is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CEFZ vs. GDT - Dividend Comparison

CEFZ's dividend yield for the trailing twelve months is around 6.96%, more than GDT's 0.09% yield.

	TTM	2025
CEFZ RiverNorth Active Income ETF	6.96%	4.17%
GDT WisdomTree Efficient TIPS Plus Gold Fund	0.09%	0.00%

Drawdowns

CEFZ vs. GDT - Drawdown Comparison

The maximum CEFZ drawdown since its inception was -6.66%, smaller than the maximum GDT drawdown of -18.06%. Use the drawdown chart below to compare losses from any high point for CEFZ and GDT.

Drawdown Indicators

	CEFZ	GDT	Difference
Max Drawdown Largest peak-to-trough decline	-6.66%	-18.06%	+11.40%
Current Drawdown Current decline from peak	-4.87%	-12.30%	+7.43%
Average Drawdown Average peak-to-trough decline	-1.23%	-7.30%	+6.07%

Volatility

Volatility by Period

	CEFZ	GDT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	10.43%	43.16%	-32.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.43%	43.16%	-32.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.43%	43.16%	-32.73%