DDWM vs. GDE
DDWM (WisdomTree Dynamic Currency Hedged International Equity Fund) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both exchange-traded funds - DDWM is a Foreign Large Cap Equities fund tracking the WisdomTree Dynamic Currency Hedged International Equity Index, while GDE is a Gold fund actively managed by WisdomTree. DDWM is passively managed, while GDE is actively managed. Over the past 3 years, DDWM returned 18.16%/yr vs 40.84%/yr for GDE. A 0.57 correlation means they provide meaningful diversification when combined. DDWM charges 0.40%/yr vs 0.20%/yr for GDE.
Performance
DDWM vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, DDWM achieves a 6.75% return, which is significantly higher than GDE's -0.50% return.
DDWM
- 1D
- -1.52%
- 1M
- -0.22%
- YTD
- 6.75%
- 6M
- 6.95%
- 1Y
- 20.60%
- 3Y*
- 18.16%
- 5Y*
- 12.42%
- 10Y*
- 10.94%
GDE
- 1D
- -3.14%
- 1M
- -10.04%
- YTD
- -0.50%
- 6M
- -5.03%
- 1Y
- 37.19%
- 3Y*
- 40.84%
- 5Y*
- —
- 10Y*
- —
DDWM vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund | 6.75% | 30.07% | 10.70% | 15.25% | 1.17% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | -0.50% | 73.76% | 44.79% | 33.85% | -8.58% |
Correlation
The correlation between DDWM and GDE is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022 | 0.57 |
The correlation between DDWM and GDE has been stable across timeframes, ranging from 0.51 to 0.57 - a consistent structural relationship.
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Return for Risk
DDWM vs. GDE — Risk / Return Rank
DDWM
GDE
DDWM vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) 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.
| DDWM | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.24 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 1.65 | +0.31 |
| Martin ratioReturn relative to average drawdown | 7.05 | 4.59 | +2.46 |
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Drawdowns
DDWM vs. GDE - Drawdown Comparison
The maximum DDWM drawdown since its inception was -35.00%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for DDWM and GDE.
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Drawdown Indicators
| DDWM | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.00% | -32.01% | -2.99% |
Max Drawdown (1Y)Largest decline over 1 year | -10.56% | -22.66% | +12.10% |
Max Drawdown (3Y)Largest decline over 3 years | -12.34% | -22.66% | +10.32% |
Max Drawdown (5Y)Largest decline over 5 years | -14.79% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.00% | — | — |
Current DrawdownCurrent decline from peak | -2.60% | -19.50% | +16.90% |
Average DrawdownAverage peak-to-trough decline | -4.04% | -7.97% | +3.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.93% | 8.12% | -5.19% |
Volatility
DDWM vs. GDE - Volatility Comparison
The current volatility for WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM) is 4.18%, while WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a volatility of 11.41%. This indicates that DDWM 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.
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Volatility by Period
| DDWM | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.18% | 11.41% | -7.23% |
Volatility (6M)Calculated over the trailing 6-month period | 11.04% | 26.51% | -15.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.01% | 30.33% | -17.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.40% | 27.15% | -13.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.14% | 27.15% | -12.01% |
DDWM vs. GDE - Expense Ratio Comparison
DDWM has a 0.40% expense ratio, which is higher than GDE's 0.20% expense ratio.
Dividends
DDWM vs. GDE - Dividend Comparison
DDWM's dividend yield for the trailing twelve months is around 2.32%, less than GDE's 4.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund | 2.32% | 2.47% | 3.57% | 4.46% | 4.28% | 3.73% | 3.52% | 3.63% | 4.40% | 2.65% | 4.00% |
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% |
Frequently Asked Questions
DDWM and GDE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDE has higher volatility (11.41%) compared to DDWM (4.18%). In terms of maximum drawdown, DDWM dropped -35.00% vs GDE's -32.01%.
On 3-year performance, GDE leads with 40.84% vs 18.16% for DDWM. On fees, GDE is cheaper at 0.20% per year. On volatility, DDWM has been the lower-risk option at 4.18%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, GDE has performed better with a 40.84% return vs 18.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GDE is cheaper with a 0.20% expense ratio, compared with 0.40% for DDWM.
GDE has the higher dividend yield at 4.34%, compared with 2.32% for DDWM.
DDWM is categorized as Foreign Large Cap Equities, while GDE is Gold. Their fees differ too: 0.40% for DDWM and 0.20% for GDE.
DDWM currently has the higher Sharpe Ratio (1.59 vs 1.23), 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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