GDE vs. FN
GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) is Gold fund actively managed by WisdomTree, while FN (Fabrinet) is a stock. Over the past 3 years, GDE returned 44.47%/yr vs 76.72%/yr for FN. At a 0.38 correlation, their price movements are largely independent.
Performance
GDE vs. FN - Performance Comparison
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Returns By Period
In the year-to-date period, GDE achieves a 5.74% return, which is significantly lower than FN's 36.99% return.
GDE
- 1D
- 0.95%
- 1M
- -7.44%
- YTD
- 5.74%
- 6M
- 8.50%
- 1Y
- 47.93%
- 3Y*
- 44.47%
- 5Y*
- —
- 10Y*
- —
FN
- 1D
- 0.40%
- 1M
- 0.39%
- YTD
- 36.99%
- 6M
- 27.02%
- 1Y
- 165.46%
- 3Y*
- 76.72%
- 5Y*
- 45.90%
- 10Y*
- 32.80%
GDE vs. FN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 5.74% | 73.76% | 44.79% | 33.85% | -18.67% |
FN Fabrinet | 36.99% | 107.06% | 15.53% | 48.44% | 23.94% |
Correlation
The correlation between GDE and FN is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022 | 0.38 |
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Return for Risk
GDE vs. FN — Risk / Return Rank
GDE
FN
GDE vs. FN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Fabrinet (FN). 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 | FN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.36 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.13 | 8.10 | -5.98 |
| Martin ratioReturn relative to average drawdown | 6.49 | 19.43 | -12.94 |
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 | FN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 2.50 | -0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.86 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.68 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.59 | +0.51 |
Drawdowns
GDE vs. FN - Drawdown Comparison
The maximum GDE drawdown since its inception was -32.01%, smaller than the maximum FN drawdown of -70.46%. Use the drawdown chart below to compare losses from any high point for GDE and FN.
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Drawdown Indicators
| GDE | FN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.01% | -70.46% | +38.45% |
Max Drawdown (1Y)Largest decline over 1 year | -22.66% | -20.55% | -2.11% |
Max Drawdown (3Y)Largest decline over 3 years | -22.66% | -37.47% | +14.81% |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.70% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.11% | — |
Current DrawdownCurrent decline from peak | -14.44% | -16.45% | +2.01% |
Average DrawdownAverage peak-to-trough decline | -7.90% | -22.58% | +14.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.40% | 8.55% | -1.15% |
Volatility
GDE vs. FN - Volatility Comparison
The current volatility for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) is 8.25%, while Fabrinet (FN) has a volatility of 25.81%. This indicates that GDE experiences smaller price fluctuations and is considered to be less risky than FN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GDE | FN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.25% | 25.81% | -17.56% |
Volatility (6M)Calculated over the trailing 6-month period | 25.04% | 55.79% | -30.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.09% | 66.78% | -37.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.26% | 53.58% | -27.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.26% | 48.27% | -22.01% |
Dividends
GDE vs. FN - Dividend Comparison
GDE's dividend yield for the trailing twelve months is around 4.09%, while FN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
FN Fabrinet | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.09% | 4.32% | 7.14% | 2.22% | 0.81% |
Frequently Asked Questions
GDE and FN have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FN has higher volatility (25.81%) compared to GDE (8.25%). In terms of maximum drawdown, GDE dropped -32.01% vs FN's -70.46%.
FN currently has the higher Sharpe Ratio (2.50 vs 1.66), 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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