GDE vs. FCQTX
Compare and contrast key facts about WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and American Funds 2065 Target Date Retirement Fund (FCQTX).
GDE is an actively managed fund by WisdomTree. It was launched on Mar 15, 2022. FCQTX is managed by American Funds. It was launched on Mar 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDE or FCQTX.
Key characteristics
| GDE | FCQTX | |
|---|---|---|
| YTD Return | 49.25% | 18.53% |
| 1Y Return | 70.02% | 31.57% |
| Sharpe Ratio | 3.49 | 2.76 |
| Sortino Ratio | 4.10 | 3.78 |
| Omega Ratio | 1.57 | 1.51 |
| Calmar Ratio | 6.47 | 2.37 |
| Martin Ratio | 24.05 | 18.34 |
| Ulcer Index | 2.89% | 1.68% |
| Daily Std Dev | 19.86% | 11.15% |
| Max Drawdown | -32.01% | -27.34% |
| Current Drawdown | -1.41% | 0.00% |
Correlation
The correlation between GDE and FCQTX is 0.73, 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. FCQTX - Performance Comparison
In the year-to-date period, GDE achieves a 49.25% return, which is significantly higher than FCQTX's 18.53% 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. FCQTX - Expense Ratio Comparison
GDE has a 0.20% expense ratio, which is higher than FCQTX's 0.01% 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. FCQTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and American Funds 2065 Target Date Retirement Fund (FCQTX). 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. FCQTX - Dividend Comparison
GDE's dividend yield for the trailing twelve months is around 6.82%, more than FCQTX's 1.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 6.82% | 2.22% | 0.81% | 0.00% | 0.00% |
FCQTX American Funds 2065 Target Date Retirement Fund | 1.11% | 1.31% | 0.80% | 0.76% | 0.66% |
Drawdowns
GDE vs. FCQTX - Drawdown Comparison
The maximum GDE drawdown since its inception was -32.01%, which is greater than FCQTX's maximum drawdown of -27.34%. Use the drawdown chart below to compare losses from any high point for GDE and FCQTX. For additional features, visit the drawdowns tool.
Volatility
GDE vs. FCQTX - Volatility Comparison
WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a higher volatility of 5.55% compared to American Funds 2065 Target Date Retirement Fund (FCQTX) at 3.02%. This indicates that GDE's price experiences larger fluctuations and is considered to be riskier than FCQTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.