GDE vs. BDGS

Last updated Jun 6, 2026

GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) and BDGS (Bridges Capital Tactical ETF) are both exchange-traded funds - GDE is a Gold fund actively managed by WisdomTree, while BDGS is a Large Cap Blend Equities fund actively managed by Bridges. Both are actively managed. Over the past 3 years, GDE returned 43.91%/yr vs 13.76%/yr for BDGS. At a 0.46 correlation, their price movements are largely independent. GDE charges 0.20%/yr vs 0.87%/yr for BDGS.

Performance

GDE vs. BDGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Bridges Capital Tactical ETF (BDGS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with GDE having a 4.75% return and BDGS slightly higher at 4.84%.

GDE

• 1D: -5.84%
• 1M: -7.30%
• YTD: 4.75%
• 6M: 6.10%
• 1Y: 46.80%
• 3Y*: 43.91%
• 5Y*: —
• 10Y*: —

BDGS

• 1D: -0.69%
• 1M: 0.19%
• YTD: 4.84%
• 6M: 4.77%
• 1Y: 13.59%
• 3Y*: 13.76%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GDE vs. BDGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	4.75%	73.76%	44.79%	13.99%
BDGS Bridges Capital Tactical ETF	4.84%	10.61%	19.07%	8.31%

Correlation

The correlation between GDE and BDGS is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (All Time) Calculated using the full available price history since May 12, 2023	0.46

Return for Risk

GDE vs. BDGS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GDE

GDE Risk / Return Rank: 44
GDE Sharpe Ratio Rank: 48
GDE Sortino Ratio Rank: 41
GDE Omega Ratio Rank: 48
GDE Calmar Ratio Rank: 43
GDE Martin Ratio Rank: 41

BDGS

BDGS Risk / Return Rank: 75
BDGS Sharpe Ratio Rank: 70
BDGS Sortino Ratio Rank: 76
BDGS Omega Ratio Rank: 79
BDGS Calmar Ratio Rank: 69
BDGS Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GDE vs. BDGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Bridges Capital Tactical ETF (BDGS). 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.

	GDE	BDGS	Difference
Sharpe ratio: Return per unit of total volatility	1.62	2.24	-0.62
Sortino ratio: Return per unit of downside risk	2.04	3.32	-1.28
Omega ratio: Gain probability vs. loss probability	1.30	1.46	-0.16
Calmar ratio: Return relative to maximum drawdown	2.07	3.39	-1.31
Martin ratio: Return relative to average drawdown	6.39	16.03	-9.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GDE vs. BDGS - Sharpe Ratio Comparison

The current GDE Sharpe Ratio is 1.62, which is comparable to the BDGS Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of GDE and BDGS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GDE	BDGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.62	2.24	-0.62
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	1.72	-0.63

Drawdowns

GDE vs. BDGS - Drawdown Comparison

The maximum GDE drawdown since its inception was -32.01%, which is greater than BDGS's maximum drawdown of -9.12%. Use the drawdown chart below to compare losses from any high point for GDE and BDGS.

Drawdown Indicators

	GDE	BDGS	Difference
Max Drawdown Largest peak-to-trough decline	-32.01%	-9.12%	-22.89%
Max Drawdown (1Y) Largest decline over 1 year	-22.66%	-4.03%	-18.63%
Max Drawdown (3Y) Largest decline over 3 years	-22.66%	-9.12%	-13.54%
Current Drawdown Current decline from peak	-15.24%	-1.57%	-13.67%
Average Drawdown Average peak-to-trough decline	-7.89%	-0.65%	-7.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.35%	0.85%	+6.50%

Volatility

GDE vs. BDGS - Volatility Comparison

WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a higher volatility of 8.15% compared to Bridges Capital Tactical ETF (BDGS) at 1.29%. This indicates that GDE's price experiences larger fluctuations and is considered to be riskier than BDGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GDE	BDGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.15%	1.29%	+6.86%
Volatility (6M) Calculated over the trailing 6-month period	25.02%	4.80%	+20.22%
Volatility (1Y) Calculated over the trailing 1-year period	29.04%	6.12%	+22.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.27%	8.21%	+18.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.27%	8.21%	+18.06%

GDE vs. BDGS - Expense Ratio Comparison

GDE has a 0.20% expense ratio, which is lower than BDGS's 0.87% expense ratio.

Dividends

GDE vs. BDGS - Dividend Comparison

GDE's dividend yield for the trailing twelve months is around 4.12%, more than BDGS's 0.53% yield.

Position	TTM	2025	2024	2023	2022
BDGS Bridges Capital Tactical ETF	0.53%	0.55%	1.81%	0.84%	0.00%
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	4.12%	4.32%	7.14%	2.22%	0.81%

Frequently Asked Questions

Can I hold both GDE and BDGS in my portfolio?

GDE and BDGS have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GDE or BDGS?

GDE has higher volatility (8.15%) compared to BDGS (1.29%). In terms of maximum drawdown, GDE dropped -32.01% vs BDGS's -9.12%.

Which ETF is better, GDE or BDGS?

On 3-year performance, GDE leads with 43.91% vs 13.76% for BDGS. On fees, GDE is cheaper at 0.20% per year. On volatility, BDGS has been the lower-risk option at 1.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GDE or BDGS?

Over the 3-year period, GDE has performed better with a 43.91% return vs 13.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GDE or BDGS?

GDE is cheaper with a 0.20% expense ratio, compared with 0.87% for BDGS.

Which ETF pays a higher dividend yield, GDE or BDGS?

GDE has the higher dividend yield at 4.12%, compared with 0.53% for BDGS.

What is the main difference between GDE and BDGS?

GDE is categorized as Gold, while BDGS is Large Cap Blend Equities. They also come from different issuers: WisdomTree and Bridges. Their fees differ too: 0.20% for GDE and 0.87% for BDGS.

Which has better risk-adjusted returns?

BDGS currently has the higher Sharpe Ratio (2.24 vs 1.62), 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.