EUDG vs. GDE
EUDG (WisdomTree Europe Quality Dividend Growth Fund) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both exchange-traded funds - EUDG is a Europe Equities fund tracking the WisdomTree Europe Quality Dividend Growth Index, while GDE is a Gold fund actively managed by WisdomTree. EUDG is passively managed, while GDE is actively managed. Over the past 3 years, EUDG returned 10.48%/yr vs 46.68%/yr for GDE. A 0.59 correlation means they provide meaningful diversification when combined. EUDG charges 0.58%/yr vs 0.20%/yr for GDE.
Performance
EUDG vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, EUDG achieves a 1.93% return, which is significantly lower than GDE's 9.79% return.
EUDG
- 1D
- -1.04%
- 1M
- 2.52%
- YTD
- 1.93%
- 6M
- 4.90%
- 1Y
- 11.85%
- 3Y*
- 10.48%
- 5Y*
- 4.73%
- 10Y*
- 7.97%
GDE
- 1D
- -1.35%
- 1M
- 1.88%
- YTD
- 9.79%
- 6M
- 11.87%
- 1Y
- 53.13%
- 3Y*
- 46.68%
- 5Y*
- —
- 10Y*
- —
EUDG vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
EUDG WisdomTree Europe Quality Dividend Growth Fund | 1.93% | 28.94% | -4.30% | 19.36% | -10.29% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 9.79% | 73.76% | 44.79% | 33.85% | -18.67% |
Correlation
The correlation between EUDG and GDE is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022 | 0.59 |
The correlation between EUDG and GDE has been stable across timeframes, ranging from 0.53 to 0.59 - a consistent structural relationship.
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Return for Risk
EUDG vs. GDE — Risk / Return Rank
EUDG
GDE
EUDG vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe Quality Dividend Growth Fund (EUDG) 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.
| EUDG | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.09 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.34 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | 2.36 | -1.38 |
| Martin ratioReturn relative to average drawdown | 3.19 | 7.34 | -4.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EUDG | GDE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 1.88 | -1.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | — | — |
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
EUDG vs. GDE - Drawdown Comparison
The maximum EUDG drawdown since its inception was -33.76%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for EUDG and GDE.
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Drawdown Indicators
| EUDG | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.76% | -32.01% | -1.75% |
Max Drawdown (1Y)Largest decline over 1 year | -12.20% | -22.66% | +10.46% |
Max Drawdown (3Y)Largest decline over 3 years | -13.73% | -22.66% | +8.93% |
Max Drawdown (5Y)Largest decline over 5 years | -33.30% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.76% | — | — |
Current DrawdownCurrent decline from peak | -5.00% | -11.17% | +6.17% |
Average DrawdownAverage peak-to-trough decline | -7.73% | -7.88% | +0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.73% | 7.26% | -3.53% |
Volatility
EUDG vs. GDE - Volatility Comparison
The current volatility for WisdomTree Europe Quality Dividend Growth Fund (EUDG) is 5.23%, while WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a volatility of 6.65%. This indicates that EUDG 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
| EUDG | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.23% | 6.65% | -1.42% |
Volatility (6M)Calculated over the trailing 6-month period | 12.35% | 24.24% | -11.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.14% | 28.39% | -13.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.68% | 26.12% | -9.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.70% | 26.12% | -8.42% |
EUDG vs. GDE - Expense Ratio Comparison
EUDG has a 0.58% expense ratio, which is higher than GDE's 0.20% expense ratio.
Dividends
EUDG vs. GDE - Dividend Comparison
EUDG's dividend yield for the trailing twelve months is around 2.25%, less than GDE's 3.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUDG WisdomTree Europe Quality Dividend Growth Fund | 2.25% | 2.19% | 2.41% | 2.14% | 3.07% | 2.98% | 1.87% | 2.30% | 3.00% | 1.55% | 2.49% | 2.10% |
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
EUDG and GDE have a correlation of 0.53, 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 EUDG (5.23%). In terms of maximum drawdown, EUDG dropped -33.76% vs GDE's -32.01%.
On 3-year performance, GDE leads with 46.68% vs 10.48% for EUDG. On fees, GDE is cheaper at 0.20% per year. On volatility, EUDG has been the lower-risk option at 5.23%. 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 10.48%. 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 0.58% for EUDG.
GDE has the higher dividend yield at 3.94%, compared with 2.25% for EUDG.
EUDG is categorized as Europe Equities, while GDE is Gold. Their fees differ too: 0.58% for EUDG and 0.20% for GDE.
GDE currently has the higher Sharpe Ratio (1.88 vs 0.79), 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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