EES vs. GDE
EES (WisdomTree U.S. SmallCap Fund) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both exchange-traded funds - EES is a Small Cap Blend Equities fund tracking the WisdomTree U.S. Small Cap Index, while GDE is a Gold fund actively managed by WisdomTree. EES is passively managed, while GDE is actively managed. Over the past 3 years, EES returned 15.30%/yr vs 46.68%/yr for GDE. At a 0.49 correlation, their price movements are largely independent. EES charges 0.38%/yr vs 0.20%/yr for GDE.
Performance
EES vs. GDE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EES achieves a 12.00% return, which is significantly higher than GDE's 9.79% return.
EES
- 1D
- -1.53%
- 1M
- 0.47%
- YTD
- 12.00%
- 6M
- 11.97%
- 1Y
- 29.80%
- 3Y*
- 15.30%
- 5Y*
- 6.23%
- 10Y*
- 10.68%
GDE
- 1D
- -1.35%
- 1M
- 1.88%
- YTD
- 9.79%
- 6M
- 11.87%
- 1Y
- 53.13%
- 3Y*
- 46.68%
- 5Y*
- —
- 10Y*
- —
EES vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
EES WisdomTree U.S. SmallCap Fund | 12.00% | 6.99% | 9.86% | 18.53% | -11.75% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 9.79% | 73.76% | 44.79% | 33.85% | -18.67% |
Correlation
The correlation between EES and GDE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022 | 0.49 |
The correlation between EES and GDE shifts across timeframes, from 0.38 (1 year) to 0.49 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EES vs. GDE — Risk / Return Rank
EES
GDE
EES vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. SmallCap Fund (EES) 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.
| EES | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.34 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.75 | 2.36 | +1.40 |
| Martin ratioReturn relative to average drawdown | 11.05 | 7.34 | +3.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EES | GDE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.72 | 1.88 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 1.15 | -0.81 |
Drawdowns
EES vs. GDE - Drawdown Comparison
The maximum EES drawdown since its inception was -63.66%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for EES and GDE.
Loading charts...
Drawdown Indicators
| EES | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.66% | -32.01% | -31.65% |
Max Drawdown (1Y)Largest decline over 1 year | -7.98% | -22.66% | +14.68% |
Max Drawdown (3Y)Largest decline over 3 years | -27.15% | -22.66% | -4.49% |
Max Drawdown (5Y)Largest decline over 5 years | -27.15% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -50.52% | — | — |
Current DrawdownCurrent decline from peak | -1.53% | -11.17% | +9.64% |
Average DrawdownAverage peak-to-trough decline | -10.37% | -7.88% | -2.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.70% | 7.26% | -4.56% |
Volatility
EES vs. GDE - Volatility Comparison
The current volatility for WisdomTree U.S. SmallCap Fund (EES) is 4.03%, while WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a volatility of 6.65%. This indicates that EES 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.
Loading charts...
Volatility by Period
| EES | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.03% | 6.65% | -2.62% |
Volatility (6M)Calculated over the trailing 6-month period | 11.34% | 24.24% | -12.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.42% | 28.39% | -10.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.53% | 26.12% | -4.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.80% | 26.12% | -2.32% |
EES vs. GDE - Expense Ratio Comparison
EES has a 0.38% expense ratio, which is higher than GDE's 0.20% expense ratio.
Dividends
EES vs. GDE - Dividend Comparison
EES's dividend yield for the trailing twelve months is around 1.12%, less than GDE's 3.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EES WisdomTree U.S. SmallCap Fund | 1.12% | 1.29% | 1.37% | 1.18% | 1.12% | 1.69% | 1.29% | 1.31% | 1.81% | 0.93% | 1.02% | 1.38% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 3.94% | 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
EES and GDE have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDE has higher volatility (6.65%) compared to EES (4.03%). In terms of maximum drawdown, EES dropped -63.66% vs GDE's -32.01%.
On 3-year performance, GDE leads with 46.68% vs 15.30% for EES. On fees, GDE is cheaper at 0.20% per year. On volatility, EES has been the lower-risk option at 4.03%. 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 46.68% return vs 15.30%. 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 0.38% for EES.
GDE has the higher dividend yield at 3.94%, compared with 1.12% for EES.
EES is categorized as Small Cap Blend Equities, while GDE is Gold. Their fees differ too: 0.38% for EES and 0.20% for GDE.
GDE currently has the higher Sharpe Ratio (1.88 vs 1.72), 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.
Find the right allocation for EES and GDE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer