GDE vs. BDGS
Compare and contrast key facts about WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Bridges Capital Tactical ETF (BDGS).
GDE and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GDE is an actively managed fund by WisdomTree. It was launched on Mar 15, 2022. BDGS is an actively managed fund by Bridges. It was launched on May 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDE or BDGS.
Key characteristics
| GDE | BDGS | |
|---|---|---|
| YTD Return | 44.97% | 17.36% |
| 1Y Return | 59.90% | 19.14% |
| Sharpe Ratio | 3.17 | 4.37 |
| Sortino Ratio | 3.78 | 9.88 |
| Omega Ratio | 1.52 | 2.93 |
| Calmar Ratio | 5.91 | 9.40 |
| Martin Ratio | 21.72 | 58.37 |
| Ulcer Index | 2.92% | 0.38% |
| Daily Std Dev | 20.00% | 5.13% |
| Max Drawdown | -32.01% | -5.38% |
| Current Drawdown | -4.24% | -0.42% |
Correlation
The correlation between GDE and BDGS is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GDE vs. BDGS - Performance Comparison
In the year-to-date period, GDE achieves a 44.97% return, which is significantly higher than BDGS's 17.36% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GDE vs. BDGS - Expense Ratio Comparison
GDE has a 0.20% expense ratio, which is lower than BDGS's 0.85% expense ratio.
Risk-Adjusted Performance
GDE vs. BDGS - Risk-Adjusted Performance 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.
Dividends
GDE vs. BDGS - Dividend Comparison
GDE's dividend yield for the trailing twelve months is around 7.02%, more than BDGS's 0.71% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 7.02% | 2.22% | 0.81% |
BDGS Bridges Capital Tactical ETF | 0.71% | 0.84% | 0.00% |
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 -5.38%. Use the drawdown chart below to compare losses from any high point for GDE and BDGS. For additional features, visit the drawdowns tool.
Volatility
GDE vs. BDGS - Volatility Comparison
WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a higher volatility of 5.90% compared to Bridges Capital Tactical ETF (BDGS) at 2.38%. 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.