ESBG vs. GDT

Last updated Apr 2, 2026

Compare and contrast key facts about First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) and WisdomTree Efficient TIPS Plus Gold Fund (GDT).

ESBG and GDT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESBG is an actively managed fund by First Trust. It was launched on Nov 19, 2025. GDT is an actively managed fund by WisdomTree. It was launched on Jan 22, 2026.

Performance

ESBG vs. GDT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) and WisdomTree Efficient TIPS Plus Gold Fund (GDT). The values are adjusted to include any dividend payments, if applicable.

ESBG vs. GDT - Yearly Performance Comparison

	2026 (YTD)
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF	-7.07%
GDT WisdomTree Efficient TIPS Plus Gold Fund	-2.55%

Returns By Period

ESBG

• 1D: 1.58%
• 1M: -11.95%
• YTD: 2.00%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GDT

• 1D: 1.43%
• 1M: -10.12%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ESBG vs. GDT - Expense Ratio Comparison

ESBG has a 0.95% expense ratio, which is higher than GDT's 0.30% expense ratio.

ESBG

First Trust Enhanced Stocks, Bonds & Gold ETF

GDT

WisdomTree Efficient TIPS Plus Gold Fund

Return for Risk

ESBG vs. GDT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) and WisdomTree Efficient TIPS Plus Gold Fund (GDT). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ESBG	GDT	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	-0.30	+1.15

Correlation

The correlation between ESBG and GDT is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ESBG vs. GDT - Dividend Comparison

ESBG's dividend yield for the trailing twelve months is around 0.59%, more than GDT's 0.09% yield.

	TTM	2025
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF	0.59%	0.24%
GDT WisdomTree Efficient TIPS Plus Gold Fund	0.09%	0.00%

Drawdowns

ESBG vs. GDT - Drawdown Comparison

The maximum ESBG drawdown since its inception was -18.84%, roughly equal to the maximum GDT drawdown of -18.06%. Use the drawdown chart below to compare losses from any high point for ESBG and GDT.

Drawdown Indicators

	ESBG	GDT	Difference
Max Drawdown Largest peak-to-trough decline	-18.84%	-18.06%	-0.78%
Current Drawdown Current decline from peak	-13.50%	-11.04%	-2.46%
Average Drawdown Average peak-to-trough decline	-4.28%	-7.38%	+3.10%

Volatility

Volatility by Period

	ESBG	GDT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	27.69%	42.83%	-15.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.69%	42.83%	-15.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.69%	42.83%	-15.14%