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 -2.75%/yr vs 42.34%/yr for GDE. At a 0.28 correlation, their price movements are largely independent.
Performance
ELME vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, ELME achieves a -24.74% return, which is significantly lower than GDE's 2.73% return.
ELME
- 1D
- 0.00%
- 1M
- -0.99%
- YTD
- -24.74%
- 6M
- -24.57%
- 1Y
- -16.23%
- 3Y*
- -2.75%
- 5Y*
- -7.46%
- 10Y*
- -4.27%
GDE
- 1D
- -1.07%
- 1M
- -7.12%
- YTD
- 2.73%
- 6M
- -0.30%
- 1Y
- 43.92%
- 3Y*
- 42.34%
- 5Y*
- —
- 10Y*
- —
ELME vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ELME Elme Communities | -24.74% | 17.69% | 9.65% | -14.09% | -24.18% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 2.73% | 73.76% | 44.79% | 33.85% | -8.58% |
Correlation
The correlation between ELME and GDE is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022 | 0.28 |
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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 | -1.97 | ||
| Sortino ratioReturn per unit of downside risk | -2.31 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.27 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.44 | 1.95 | -2.38 |
| Martin ratioReturn relative to average drawdown | -0.75 | 5.49 | -6.24 |
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Drawdowns
ELME vs. GDE - Drawdown Comparison
The maximum ELME drawdown since its inception was -59.89%, 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 | -59.89% | -32.01% | -27.88% |
Max Drawdown (1Y)Largest decline over 1 year | -37.42% | -22.66% | -14.76% |
Max Drawdown (3Y)Largest decline over 3 years | -37.42% | -22.66% | -14.76% |
Max Drawdown (5Y)Largest decline over 5 years | -49.65% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -54.05% | — | — |
Current DrawdownCurrent decline from peak | -47.48% | -16.89% | -30.59% |
Average DrawdownAverage peak-to-trough decline | -15.77% | -7.96% | -7.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.71% | 8.03% | +13.68% |
Volatility
ELME vs. GDE - Volatility Comparison
The current volatility for Elme Communities (ELME) is 3.53%, while WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a volatility of 11.06%. This indicates that ELME 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
| ELME | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.53% | 11.06% | -7.53% |
Volatility (6M)Calculated over the trailing 6-month period | 32.71% | 26.33% | +6.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.21% | 30.21% | +2.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.27% | 27.12% | -0.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.70% | 27.12% | +0.58% |
Dividends
ELME vs. GDE - Dividend Comparison
ELME's dividend yield for the trailing twelve months is around 738.81%, more than GDE's 4.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ELME Elme Communities | 738.81% | 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 | 4.21% | 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 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDE has higher volatility (11.06%) compared to ELME (3.53%). In terms of maximum drawdown, ELME dropped -59.89% vs GDE's -32.01%.
GDE currently has the higher Sharpe Ratio (1.46 vs -0.51), 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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