CLS.TO vs. GDE

Last updated Jun 13, 2026

CLS.TO (Celestica 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, CLS.TO returned 212.27%/yr vs 44.78%/yr for GDE. At a 0.34 correlation, their price movements are largely independent.

Performance

CLS.TO vs. GDE - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Celestica Inc. (CLS.TO) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CLS.TO is traded in CAD, while GDE is traded in USD. To make them comparable, the GDE values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CLS.TO achieves a 35.52% return, which is significantly higher than GDE's 5.26% return.

CLS.TO

• 1D: 2.22%
• 1M: 11.19%
• YTD: 35.52%
• 6M: 30.45%
• 1Y: 223.16%
• 3Y*: 212.27%
• 5Y*: 122.50%
• 10Y*: 44.95%

GDE

• 1D: 0.85%
• 1M: -7.45%
• YTD: 5.26%
• 6M: 5.48%
• 1Y: 44.88%
• 3Y*: 44.78%
• 5Y*: —
• 10Y*: —

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

CLS.TO vs. GDE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CLS.TO Celestica Inc.	35.52%	206.05%	241.82%	154.33%	-3.72%
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	5.26%	65.83%	57.05%	30.67%	-2.35%

Correlation

The correlation between CLS.TO and GDE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022	0.34

Return for Risk

CLS.TO vs. GDE — Risk / Return Rank

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

CLS.TO

CLS.TO Risk / Return Rank: 92
CLS.TO Sharpe Ratio Rank: 95
CLS.TO Sortino Ratio Rank: 89
CLS.TO Omega Ratio Rank: 89
CLS.TO Calmar Ratio Rank: 95
CLS.TO Martin Ratio Rank: 94

GDE

GDE Risk / Return Rank: 42
GDE Sharpe Ratio Rank: 45
GDE Sortino Ratio Rank: 39
GDE Omega Ratio Rank: 46
GDE Calmar Ratio Rank: 41
GDE Martin Ratio Rank: 38

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.

CLS.TO vs. GDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Celestica Inc. (CLS.TO) 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.

	CLS.TO	GDE	Difference
Sharpe ratio: Return per unit of total volatility	2.94	1.51	+1.43
Sortino ratio: Return per unit of downside risk	2.88	1.93	+0.96
Omega ratio: Gain probability vs. loss probability	1.39	1.28	+0.11
Calmar ratio: Return relative to maximum drawdown	6.64	2.09	+4.55
Martin ratio: Return relative to average drawdown	16.31	6.21	+10.10

CLS.TO vs. GDE - Sharpe Ratio Comparison

The current CLS.TO Sharpe Ratio is 2.94, which is higher than the GDE Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of CLS.TO 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

CLS.TO vs. GDE - Drawdown Comparison

The maximum CLS.TO drawdown since its inception was -79.32%, which is greater than GDE's maximum drawdown of -25.43%. Use the drawdown chart below to compare losses from any high point for CLS.TO and GDE.

Drawdown Indicators

	CLS.TO	GDE	Difference
Max Drawdown Largest peak-to-trough decline	-79.32%	-25.43%	-53.89%
Max Drawdown (1Y) Largest decline over 1 year	-31.71%	-21.40%	-10.31%
Max Drawdown (3Y) Largest decline over 3 years	-54.25%	-21.40%	-32.85%
Max Drawdown (5Y) Largest decline over 5 years	-54.25%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-79.32%	—	—
Current Drawdown Current decline from peak	-15.72%	-14.19%	-1.53%
Average Drawdown Average peak-to-trough decline	-28.84%	-6.01%	-22.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.89%	7.19%	+5.70%

Volatility

CLS.TO vs. GDE - Volatility Comparison

Celestica Inc. (CLS.TO) has a higher volatility of 27.86% compared to WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) at 10.85%. This indicates that CLS.TO'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.

Volatility by Period

	CLS.TO	GDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.86%	10.85%	+17.01%
Volatility (6M) Calculated over the trailing 6-month period	55.27%	25.86%	+29.41%
Volatility (1Y) Calculated over the trailing 1-year period	71.69%	29.68%	+42.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.60%	27.69%	+28.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.83%	27.69%	+21.14%

Dividends

CLS.TO vs. GDE - Dividend Comparison

CLS.TO has not paid dividends to shareholders, while GDE's dividend yield for the trailing twelve months is around 4.19%.

Position	TTM	2025	2024	2023	2022
CLS.TO Celestica Inc.	0.00%	0.00%	0.00%	0.00%	0.00%
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	4.19%	4.32%	7.14%	2.22%	0.81%

Frequently Asked Questions

Can I hold both CLS.TO and GDE in my portfolio?

CLS.TO and GDE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.