EZM vs. GDE
EZM (WisdomTree U.S. MidCap Earnings Fund) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both exchange-traded funds - EZM is a Mid Cap Blend Equities fund tracking the WisdomTree U.S. MidCap Index, while GDE is a Gold fund actively managed by WisdomTree. EZM is passively managed, while GDE is actively managed. Over the past 3 years, EZM returned 16.06%/yr vs 47.08%/yr for GDE. A 0.53 correlation means they provide meaningful diversification when combined. EZM charges 0.38%/yr vs 0.20%/yr for GDE.
Performance
EZM vs. GDE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with EZM having a 11.29% return and GDE slightly lower at 11.25%.
EZM
- 1D
- 0.68%
- 1M
- 2.22%
- YTD
- 11.29%
- 6M
- 11.02%
- 1Y
- 24.69%
- 3Y*
- 16.06%
- 5Y*
- 8.11%
- 10Y*
- 10.61%
GDE
- 1D
- 1.33%
- 1M
- 2.08%
- YTD
- 11.25%
- 6M
- 13.51%
- 1Y
- 54.50%
- 3Y*
- 47.08%
- 5Y*
- —
- 10Y*
- —
EZM vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
EZM WisdomTree U.S. MidCap Earnings Fund | 11.29% | 8.42% | 10.29% | 19.69% | -9.94% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 11.25% | 73.76% | 44.79% | 33.85% | -18.67% |
Correlation
The correlation between EZM and GDE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022 | 0.53 |
The correlation between EZM and GDE shifts across timeframes, from 0.39 (1 year) to 0.53 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EZM vs. GDE — Risk / Return Rank
EZM
GDE
EZM vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. MidCap Earnings Fund (EZM) 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.
| EZM | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.35 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 2.42 | +0.43 |
| Martin ratioReturn relative to average drawdown | 9.66 | 7.50 | +2.16 |
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
| EZM | GDE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.67 | 1.93 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 1.17 | -0.75 |
Drawdowns
EZM vs. GDE - Drawdown Comparison
The maximum EZM drawdown since its inception was -59.58%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for EZM and GDE.
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Drawdown Indicators
| EZM | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.58% | -32.01% | -27.57% |
Max Drawdown (1Y)Largest decline over 1 year | -8.70% | -22.66% | +13.96% |
Max Drawdown (3Y)Largest decline over 3 years | -23.53% | -22.66% | -0.87% |
Max Drawdown (5Y)Largest decline over 5 years | -23.53% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -47.26% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -9.99% | +9.99% |
Average DrawdownAverage peak-to-trough decline | -8.27% | -7.89% | -0.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 7.29% | -4.73% |
Volatility
EZM vs. GDE - Volatility Comparison
The current volatility for WisdomTree U.S. MidCap Earnings Fund (EZM) is 3.33%, while WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a volatility of 6.68%. This indicates that EZM 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
| EZM | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.33% | 6.68% | -3.35% |
Volatility (6M)Calculated over the trailing 6-month period | 10.25% | 24.27% | -14.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.84% | 28.41% | -13.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.42% | 26.12% | -5.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.35% | 26.12% | -3.77% |
EZM vs. GDE - Expense Ratio Comparison
EZM has a 0.38% expense ratio, which is higher than GDE's 0.20% expense ratio.
Dividends
EZM vs. GDE - Dividend Comparison
EZM's dividend yield for the trailing twelve months is around 1.25%, less than GDE's 3.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EZM WisdomTree U.S. MidCap Earnings Fund | 1.25% | 1.39% | 1.22% | 1.25% | 1.57% | 1.08% | 1.67% | 1.34% | 1.57% | 1.14% | 1.55% | 1.30% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 3.88% | 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
EZM and GDE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDE has higher volatility (6.68%) compared to EZM (3.33%). In terms of maximum drawdown, EZM dropped -59.58% vs GDE's -32.01%.
On 3-year performance, GDE leads with 47.08% vs 16.06% for EZM. On fees, GDE is cheaper at 0.20% per year. On volatility, EZM has been the lower-risk option at 3.33%. 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 47.08% return vs 16.06%. 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 0.38% for EZM.
GDE has the higher dividend yield at 3.88%, compared with 1.25% for EZM.
EZM is categorized as Mid Cap Blend Equities, while GDE is Gold. Their fees differ too: 0.38% for EZM and 0.20% for GDE.
GDE currently has the higher Sharpe Ratio (1.93 vs 1.67), 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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