GDE vs. DGS
GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) and DGS (WisdomTree Emerging Markets SmallCap Dividend Fund) are both exchange-traded funds - GDE is a Gold fund actively managed by WisdomTree, while DGS is a Emerging Markets Diversified fund tracking the WisdomTree Emerging Markets SmallCap Dividend Index. GDE is actively managed, while DGS is passively managed. Over the past 3 years, GDE returned 46.68%/yr vs 16.17%/yr for DGS. A 0.62 correlation means they provide meaningful diversification when combined. GDE charges 0.20%/yr vs 0.58%/yr for DGS.
Performance
GDE vs. DGS - Performance Comparison
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Returns By Period
In the year-to-date period, GDE achieves a 9.79% return, which is significantly lower than DGS's 14.53% return.
GDE
- 1D
- -1.35%
- 1M
- 1.88%
- YTD
- 9.79%
- 6M
- 11.87%
- 1Y
- 53.13%
- 3Y*
- 46.68%
- 5Y*
- —
- 10Y*
- —
DGS
- 1D
- -1.37%
- 1M
- 2.58%
- YTD
- 14.53%
- 6M
- 15.57%
- 1Y
- 27.26%
- 3Y*
- 16.17%
- 5Y*
- 7.85%
- 10Y*
- 9.93%
GDE vs. DGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 9.79% | 73.76% | 44.79% | 33.85% | -18.67% |
DGS WisdomTree Emerging Markets SmallCap Dividend Fund | 14.53% | 21.18% | 1.13% | 19.08% | -10.98% |
Correlation
The correlation between GDE and DGS is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022 | 0.62 |
The correlation between GDE and DGS has been stable across timeframes, ranging from 0.59 to 0.62 - a consistent structural relationship.
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Return for Risk
GDE vs. DGS — Risk / Return Rank
GDE
DGS
GDE vs. DGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and WisdomTree Emerging Markets SmallCap Dividend Fund (DGS). 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 | DGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.32 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.36 | 2.72 | -0.37 |
| Martin ratioReturn relative to average drawdown | 7.34 | 9.16 | -1.82 |
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
| GDE | DGS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.88 | 1.76 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.53 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.15 | 0.23 | +0.92 |
Drawdowns
GDE vs. DGS - Drawdown Comparison
The maximum GDE drawdown since its inception was -32.01%, smaller than the maximum DGS drawdown of -61.83%. Use the drawdown chart below to compare losses from any high point for GDE and DGS.
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Drawdown Indicators
| GDE | DGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.01% | -61.83% | +29.82% |
Max Drawdown (1Y)Largest decline over 1 year | -22.66% | -10.06% | -12.60% |
Max Drawdown (3Y)Largest decline over 3 years | -22.66% | -19.31% | -3.35% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.86% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.08% | — |
Current DrawdownCurrent decline from peak | -11.17% | -1.40% | -9.77% |
Average DrawdownAverage peak-to-trough decline | -7.88% | -12.59% | +4.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.26% | 2.98% | +4.28% |
Volatility
GDE vs. DGS - Volatility Comparison
WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a higher volatility of 6.65% compared to WisdomTree Emerging Markets SmallCap Dividend Fund (DGS) at 5.24%. This indicates that GDE's price experiences larger fluctuations and is considered to be riskier than DGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GDE | DGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.65% | 5.24% | +1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 24.24% | 13.03% | +11.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.39% | 15.56% | +12.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.12% | 14.87% | +11.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.12% | 17.32% | +8.80% |
GDE vs. DGS - Expense Ratio Comparison
GDE has a 0.20% expense ratio, which is lower than DGS's 0.58% expense ratio.
Dividends
GDE vs. DGS - Dividend Comparison
GDE's dividend yield for the trailing twelve months is around 3.94%, more than DGS's 3.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGS WisdomTree Emerging Markets SmallCap Dividend Fund | 3.21% | 3.45% | 3.36% | 4.55% | 5.34% | 3.98% | 3.69% | 3.95% | 4.24% | 2.81% | 3.42% | 3.28% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 3.94% | 4.32% | 7.14% | 2.22% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GDE and DGS have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDE has higher volatility (6.65%) compared to DGS (5.24%). In terms of maximum drawdown, GDE dropped -32.01% vs DGS's -61.83%.
On 3-year performance, GDE leads with 46.68% vs 16.17% for DGS. On fees, GDE is cheaper at 0.20% per year. On volatility, DGS has been the lower-risk option at 5.24%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, GDE has performed better with a 46.68% return vs 16.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GDE is cheaper with a 0.20% expense ratio, compared with 0.58% for DGS.
GDE has the higher dividend yield at 3.94%, compared with 3.21% for DGS.
GDE is categorized as Gold, while DGS is Emerging Markets Diversified. Their fees differ too: 0.20% for GDE and 0.58% for DGS.
GDE currently has the higher Sharpe Ratio (1.88 vs 1.76), 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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