GDE vs. EAOA
Compare and contrast key facts about WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and iShares ESG Aware Aggressive Allocation ETF (EAOA).
GDE and EAOA 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. EAOA is a passively managed fund by iShares that tracks the performance of the BlackRock ESG Aware Aggressive Allocation Index. It was launched on Jun 12, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDE or EAOA.
Key characteristics
| GDE | EAOA | |
|---|---|---|
| YTD Return | 44.97% | 15.46% |
| 1Y Return | 59.90% | 23.09% |
| Sharpe Ratio | 3.17 | 2.56 |
| Sortino Ratio | 3.78 | 3.61 |
| Omega Ratio | 1.52 | 1.48 |
| Calmar Ratio | 5.91 | 2.67 |
| Martin Ratio | 21.72 | 16.54 |
| Ulcer Index | 2.92% | 1.55% |
| Daily Std Dev | 20.00% | 10.03% |
| Max Drawdown | -32.01% | -25.06% |
| Current Drawdown | -4.24% | -0.98% |
Correlation
The correlation between GDE and EAOA is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GDE vs. EAOA - Performance Comparison
In the year-to-date period, GDE achieves a 44.97% return, which is significantly higher than EAOA's 15.46% 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. EAOA - Expense Ratio Comparison
GDE has a 0.20% expense ratio, which is higher than EAOA's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
GDE vs. EAOA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and iShares ESG Aware Aggressive Allocation ETF (EAOA). 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. EAOA - Dividend Comparison
GDE's dividend yield for the trailing twelve months is around 7.02%, more than EAOA's 2.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 7.02% | 2.22% | 0.81% | 0.00% | 0.00% |
EAOA iShares ESG Aware Aggressive Allocation ETF | 2.01% | 2.21% | 1.93% | 1.48% | 1.12% |
Drawdowns
GDE vs. EAOA - Drawdown Comparison
The maximum GDE drawdown since its inception was -32.01%, which is greater than EAOA's maximum drawdown of -25.06%. Use the drawdown chart below to compare losses from any high point for GDE and EAOA. For additional features, visit the drawdowns tool.
Volatility
GDE vs. EAOA - Volatility Comparison
WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a higher volatility of 5.90% compared to iShares ESG Aware Aggressive Allocation ETF (EAOA) at 2.67%. This indicates that GDE's price experiences larger fluctuations and is considered to be riskier than EAOA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.