FN vs. GDE
FN (Fabrinet) is a stock, while GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) is Gold fund actively managed by WisdomTree. Over the past 3 years, FN returned 85.46%/yr vs 47.08%/yr for GDE. At a 0.38 correlation, their price movements are largely independent.
Performance
FN vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, FN achieves a 57.00% return, which is significantly higher than GDE's 11.25% return.
FN
- 1D
- -1.41%
- 1M
- 8.25%
- YTD
- 57.00%
- 6M
- 51.51%
- 1Y
- 198.72%
- 3Y*
- 85.46%
- 5Y*
- 50.15%
- 10Y*
- 34.48%
GDE
- 1D
- 1.33%
- 1M
- 2.08%
- YTD
- 11.25%
- 6M
- 13.51%
- 1Y
- 54.50%
- 3Y*
- 47.08%
- 5Y*
- —
- 10Y*
- —
FN vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FN Fabrinet | 57.00% | 107.06% | 15.53% | 48.44% | 23.94% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 11.25% | 73.76% | 44.79% | 33.85% | -18.67% |
Correlation
The correlation between FN and GDE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022 | 0.38 |
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Return for Risk
FN vs. GDE — Risk / Return Rank
FN
GDE
FN vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fabrinet (FN) 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.
| FN | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.35 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 9.73 | 2.42 | +7.32 |
| Martin ratioReturn relative to average drawdown | 23.70 | 7.50 | +16.20 |
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
| FN | GDE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.06 | 1.93 | +1.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.95 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 1.17 | -0.56 |
Drawdowns
FN vs. GDE - Drawdown Comparison
The maximum FN drawdown since its inception was -70.46%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for FN and GDE.
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Drawdown Indicators
| FN | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.46% | -32.01% | -38.45% |
Max Drawdown (1Y)Largest decline over 1 year | -20.55% | -22.66% | +2.11% |
Max Drawdown (3Y)Largest decline over 3 years | -37.47% | -22.66% | -14.81% |
Max Drawdown (5Y)Largest decline over 5 years | -38.70% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -51.11% | — | — |
Current DrawdownCurrent decline from peak | -4.25% | -9.99% | +5.74% |
Average DrawdownAverage peak-to-trough decline | -22.59% | -7.89% | -14.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.42% | 7.29% | +1.13% |
Volatility
FN vs. GDE - Volatility Comparison
Fabrinet (FN) has a higher volatility of 23.10% compared to WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) at 6.68%. This indicates that FN'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.
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Volatility by Period
| FN | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.10% | 6.68% | +16.42% |
Volatility (6M)Calculated over the trailing 6-month period | 54.15% | 24.27% | +29.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.28% | 28.41% | +36.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.25% | 26.12% | +27.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.08% | 26.12% | +21.96% |
Dividends
FN vs. GDE - Dividend Comparison
FN has not paid dividends to shareholders, while GDE's dividend yield for the trailing twelve months is around 3.88%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
FN Fabrinet | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 3.88% | 4.32% | 7.14% | 2.22% | 0.81% |
Frequently Asked Questions
FN and GDE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FN has higher volatility (23.10%) compared to GDE (6.68%). In terms of maximum drawdown, FN dropped -70.46% vs GDE's -32.01%.
FN currently has the higher Sharpe Ratio (3.06 vs 1.93), 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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