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 -13.33%/yr vs 42.22%/yr for GDE. At a 0.28 correlation, their price movements are largely independent.
Performance
ELME vs. GDE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ELME achieves a -43.09% return, which is significantly lower than GDE's 2.09% return.
ELME
- 1D
- -1.30%
- 1M
- -25.12%
- 6M
- -48.47%
- YTD
- -43.09%
- 1Y
- -38.93%
- 3Y*
- -13.33%
- 5Y*
- -13.59%
- 10Y*
- -7.69%
GDE
- 1D
- 0.10%
- 1M
- -1.04%
- 6M
- -3.13%
- YTD
- 2.09%
- 1Y
- 36.96%
- 3Y*
- 42.22%
- 5Y*
- —
- 10Y*
- —
ELME vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ELME Elme Communities | -43.09% | 17.69% | 9.65% | -14.09% | -24.18% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 2.09% | 73.76% | 44.79% | 33.85% | -8.58% |
Correlation
The correlation between ELME and GDE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
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 |
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
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 | -2.05 | ||
| Sortino ratioReturn per unit of downside risk | -2.46 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.23 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | 1.66 | -2.34 |
| Martin ratioReturn relative to average drawdown | -1.57 | 4.12 | -5.69 |
Loading charts...
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.
Loading charts...
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 | -60.29% | -17.40% | -42.89% |
Average DrawdownAverage peak-to-trough decline | -15.83% | -8.10% | -7.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.54% | 9.13% | +15.41% |
Volatility
ELME vs. GDE - Volatility Comparison
Elme Communities (ELME) has a higher volatility of 42.40% compared to WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) at 10.16%. 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.
Loading charts...
Volatility by Period
| ELME | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 42.40% | 10.16% | +32.24% |
Volatility (6M)Calculated over the trailing 6-month period | 53.06% | 26.07% | +26.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.52% | 30.49% | +17.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.53% | 27.09% | +3.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.81% | 27.09% | +2.72% |
Dividends
ELME vs. GDE - Dividend Comparison
ELME's dividend yield for the trailing twelve months is around 976.97%, more than GDE's 4.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ELME Elme Communities | 976.97% | 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 | 4.23% | 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 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ELME has higher volatility (42.40%) compared to GDE (10.16%). In terms of maximum drawdown, ELME dropped -64.73% vs GDE's -32.01%.
GDE currently has the higher Sharpe Ratio (1.24 vs -0.81), 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 ELME 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