GDE vs. AVAV
GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) is Gold fund actively managed by WisdomTree, while AVAV (AeroVironment, Inc.) is a stock. Over the past 3 years, GDE returned 42.64%/yr vs 20.96%/yr for AVAV. At a 0.32 correlation, their price movements are largely independent.
Performance
GDE vs. AVAV - Performance Comparison
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Returns By Period
In the year-to-date period, GDE achieves a 3.16% return, which is significantly higher than AVAV's -29.48% return.
GDE
- 1D
- 0.67%
- 1M
- -9.22%
- YTD
- 3.16%
- 6M
- 4.00%
- 1Y
- 40.98%
- 3Y*
- 42.64%
- 5Y*
- —
- 10Y*
- —
AVAV
- 1D
- -7.14%
- 1M
- 7.96%
- YTD
- -29.48%
- 6M
- -28.63%
- 1Y
- -12.57%
- 3Y*
- 20.96%
- 5Y*
- 8.68%
- 10Y*
- 18.47%
GDE vs. AVAV - 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% |
AVAV AeroVironment, Inc. | -29.48% | 57.18% | 22.10% | 47.14% | 5.14% |
Correlation
The correlation between GDE and AVAV is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022 | 0.32 |
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Return for Risk
GDE vs. AVAV — Risk / Return Rank
GDE
AVAV
GDE vs. AVAV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and AeroVironment, Inc. (AVAV). 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 | AVAV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.53 | ||
| Sortino ratioReturn per unit of downside risk | +1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.04 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | -0.17 | +2.00 |
| Martin ratioReturn relative to average drawdown | 5.36 | -0.30 | +5.66 |
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Drawdowns
GDE vs. AVAV - Drawdown Comparison
The maximum GDE drawdown since its inception was -32.01%, smaller than the maximum AVAV drawdown of -61.45%. Use the drawdown chart below to compare losses from any high point for GDE and AVAV.
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Drawdown Indicators
| GDE | AVAV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.01% | -61.45% | +29.44% |
Max Drawdown (1Y)Largest decline over 1 year | -22.66% | -61.45% | +38.79% |
Max Drawdown (3Y)Largest decline over 3 years | -22.66% | -61.45% | +38.79% |
Max Drawdown (5Y)Largest decline over 5 years | — | -61.45% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -61.45% | — |
Current DrawdownCurrent decline from peak | -16.53% | -58.38% | +41.85% |
Average DrawdownAverage peak-to-trough decline | -7.93% | -28.71% | +20.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.73% | 34.44% | -26.71% |
Volatility
GDE vs. AVAV - Volatility Comparison
The current volatility for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) is 10.77%, while AeroVironment, Inc. (AVAV) has a volatility of 26.86%. This indicates that GDE experiences smaller price fluctuations and is considered to be less risky than AVAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GDE | AVAV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.77% | 26.86% | -16.09% |
Volatility (6M)Calculated over the trailing 6-month period | 25.97% | 57.90% | -31.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.88% | 74.35% | -44.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.09% | 56.01% | -28.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.09% | 52.05% | -24.96% |
Dividends
GDE vs. AVAV - Dividend Comparison
GDE's dividend yield for the trailing twelve months is around 4.19%, while AVAV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
AVAV AeroVironment, 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 AVAV have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVAV has higher volatility (26.86%) compared to GDE (10.77%). In terms of maximum drawdown, GDE dropped -32.01% vs AVAV's -61.45%.
GDE currently has the higher Sharpe Ratio (1.39 vs -0.14), 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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