ELME vs. GDE
ELME (Elme Communities) is a stock, while GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) is Gold fund actively managed by WisdomTree. Over the past 3 years, ELME returned -9.07%/yr vs 38.84%/yr for GDE. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
ELME vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, ELME achieves a -39.72% return, which is significantly lower than GDE's -0.84% return.
ELME
- 1D
- -0.62%
- 1M
- 1.26%
- 6M
- -26.82%
- YTD
- -39.72%
- 1Y
- -29.84%
- 3Y*
- -9.07%
- 5Y*
- -12.50%
- 10Y*
- -7.59%
- ALL TIME*
- 3.82%
GDE
- 1D
- -0.71%
- 1M
- -1.55%
- 6M
- -11.26%
- YTD
- -0.84%
- 1Y
- 33.38%
- 3Y*
- 38.84%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 29.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ELME Elme Communities | $1.68M | $2.19M | $2.72M |
| $4.75M | $8.80M | $9.79M |
ELME vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ELME Elme Communities | -39.72% | 17.69% | 9.65% | -14.09% | -24.18% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | -0.84% | 73.76% | 44.79% | 33.85% | -8.58% |
Correlation
The correlation between ELME and GDE is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.17 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022 | 0.28 |
The correlation between ELME and GDE shifts across timeframes, from 0.17 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ELME vs. GDE — Risk / Return Rank
ELME
GDE
ELME vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Elme Communities (ELME) 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.
| ELME | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.70 | ||
| Sortino ratioReturn per unit of downside risk | -1.99 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.21 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | 1.49 | -2.01 |
| Martin ratioReturn relative to average drawdown | -1.08 | 3.27 | -4.35 |
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Drawdowns
ELME vs. GDE - Drawdown Comparison
The maximum ELME drawdown since its inception was -64.73%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for ELME and GDE.
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Drawdown Indicators
| ELME | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.73% | -32.01% | -32.72% |
Max Drawdown (1Y)Largest decline over 1 year | -57.55% | -22.66% | -34.89% |
Max Drawdown (3Y)Largest decline over 3 years | -57.55% | -22.66% | -34.89% |
Max Drawdown (5Y)Largest decline over 5 years | -61.35% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -64.73% | — | — |
Current DrawdownCurrent decline from peak | -57.93% | -19.77% | -38.16% |
Average DrawdownAverage peak-to-trough decline | -15.91% | -8.25% | -7.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.55% | 10.30% | +17.25% |
Volatility
ELME vs. GDE - Volatility Comparison
Elme Communities (ELME) has a higher volatility of 10.90% compared to WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) at 7.99%. This indicates that ELME'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.
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Volatility by Period
| ELME | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.90% | 7.99% | +2.91% |
Volatility (6M)Calculated over the trailing 6-month period | 44.44% | 26.11% | +18.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.35% | 31.06% | +17.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.74% | 27.12% | +3.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.96% | 27.12% | +2.84% |
Dividends
ELME vs. GDE - Dividend Comparison
ELME's dividend yield for the trailing twelve months is around 922.36%, more than GDE's 4.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ELME Elme Communities | 922.36% | 3.10% | 4.72% | 4.93% | 3.82% | 3.64% | 5.55% | 4.11% | 5.22% | 3.86% | 3.67% | 4.43% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.36% | 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
ELME and GDE have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ELME has higher volatility (10.90%) compared to GDE (7.99%). In terms of maximum drawdown, ELME dropped -64.73% vs GDE's -32.01%.
GDE currently has the higher Sharpe Ratio (1.09 vs -0.62), 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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