GDE vs. ATZ.TO
GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) is Gold fund actively managed by WisdomTree, while ATZ.TO (Aritzia Inc.) is a stock. Over the past 3 years, GDE returned 42.64%/yr vs 64.97%/yr for ATZ.TO. At a 0.34 correlation, their price movements are largely independent.
Performance
GDE vs. ATZ.TO - Performance Comparison
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Different Trading Currencies
GDE is traded in USD, while ATZ.TO is traded in CAD. To make them comparable, the ATZ.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GDE achieves a 3.16% return, which is significantly lower than ATZ.TO's 40.75% return.
GDE
- 1D
- 0.67%
- 1M
- -9.22%
- YTD
- 3.16%
- 6M
- 4.00%
- 1Y
- 40.98%
- 3Y*
- 42.64%
- 5Y*
- —
- 10Y*
- —
ATZ.TO
- 1D
- 1.41%
- 1M
- 18.58%
- YTD
- 40.75%
- 6M
- 45.97%
- 1Y
- 151.51%
- 3Y*
- 64.97%
- 5Y*
- 34.44%
- 10Y*
- —
GDE vs. ATZ.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 3.16% | 73.76% | 44.79% | 33.85% | -8.58% |
ATZ.TO Aritzia Inc. | 40.75% | 130.10% | 79.16% | -40.51% | -6.16% |
Correlation
The correlation between GDE and ATZ.TO is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022 | 0.34 |
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Return for Risk
GDE vs. ATZ.TO — Risk / Return Rank
GDE
ATZ.TO
GDE vs. ATZ.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Aritzia Inc. (ATZ.TO). 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.
| GDE | ATZ.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.54 | ||
| Sortino ratioReturn per unit of downside risk | -2.37 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.55 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 6.51 | -4.68 |
| Martin ratioReturn relative to average drawdown | 5.36 | 18.75 | -13.39 |
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Drawdowns
GDE vs. ATZ.TO - Drawdown Comparison
The maximum GDE drawdown since its inception was -32.01%, smaller than the maximum ATZ.TO drawdown of -68.29%. Use the drawdown chart below to compare losses from any high point for GDE and ATZ.TO.
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Drawdown Indicators
| GDE | ATZ.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.01% | -68.29% | +36.28% |
Max Drawdown (1Y)Largest decline over 1 year | -22.66% | -22.22% | -0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -22.66% | -46.23% | +23.57% |
Max Drawdown (5Y)Largest decline over 5 years | — | -68.29% | — |
Current DrawdownCurrent decline from peak | -16.53% | 0.00% | -16.53% |
Average DrawdownAverage peak-to-trough decline | -7.93% | -21.44% | +13.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.73% | 7.70% | +0.03% |
Volatility
GDE vs. ATZ.TO - Volatility Comparison
WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Aritzia Inc. (ATZ.TO) have volatilities of 10.77% and 10.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GDE | ATZ.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.77% | 10.34% | +0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 25.97% | 30.40% | -4.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.88% | 36.88% | -7.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.09% | 47.26% | -20.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.09% | 43.72% | -16.63% |
Dividends
GDE vs. ATZ.TO - Dividend Comparison
GDE's dividend yield for the trailing twelve months is around 4.19%, while ATZ.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
ATZ.TO Aritzia Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.19% | 4.32% | 7.14% | 2.22% | 0.81% |
Frequently Asked Questions
GDE and ATZ.TO have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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