GDE vs. GDMN
GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) and GDMN (WisdomTree Efficient Gold Plus Gold Miners Strategy Fund) are both exchange-traded funds - GDE is a Gold fund actively managed by WisdomTree, while GDMN is a Commodities fund actively managed by WisdomTree. Both are actively managed. Over the past 3 years, GDE returned 43.91%/yr vs 55.50%/yr for GDMN. A 0.74 correlation means they provide meaningful diversification when combined. GDE charges 0.20%/yr vs 0.45%/yr for GDMN.
Performance
GDE vs. GDMN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GDE achieves a 4.75% return, which is significantly higher than GDMN's -12.60% return.
GDE
- 1D
- -5.84%
- 1M
- -7.30%
- YTD
- 4.75%
- 6M
- 6.10%
- 1Y
- 46.80%
- 3Y*
- 43.91%
- 5Y*
- —
- 10Y*
- —
GDMN
- 1D
- -10.79%
- 1M
- -19.50%
- YTD
- -12.60%
- 6M
- -6.38%
- 1Y
- 61.89%
- 3Y*
- 55.50%
- 5Y*
- —
- 10Y*
- —
GDE vs. GDMN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.75% | 73.76% | 44.79% | 33.85% | -18.67% |
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | -12.60% | 237.09% | 28.23% | 12.97% | -27.13% |
Correlation
The correlation between GDE and GDMN is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022 | 0.74 |
The correlation between GDE and GDMN has been stable across timeframes, ranging from 0.74 to 0.83 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GDE vs. GDMN — Risk / Return Rank
GDE
GDMN
GDE vs. GDMN - 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 Efficient Gold Plus Gold Miners Strategy Fund (GDMN). 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 | GDMN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.21 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.07 | 1.46 | +0.62 |
| Martin ratioReturn relative to average drawdown | 6.39 | 3.68 | +2.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| GDE | GDMN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.62 | 1.00 | +0.62 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.09 | 0.74 | +0.35 |
Drawdowns
GDE vs. GDMN - Drawdown Comparison
The maximum GDE drawdown since its inception was -32.01%, smaller than the maximum GDMN drawdown of -52.82%. Use the drawdown chart below to compare losses from any high point for GDE and GDMN.
Loading charts...
Drawdown Indicators
| GDE | GDMN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.01% | -52.82% | +20.81% |
Max Drawdown (1Y)Largest decline over 1 year | -22.66% | -42.63% | +19.97% |
Max Drawdown (3Y)Largest decline over 3 years | -22.66% | -42.63% | +19.97% |
Current DrawdownCurrent decline from peak | -15.24% | -42.63% | +27.39% |
Average DrawdownAverage peak-to-trough decline | -7.89% | -18.92% | +11.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.35% | 16.88% | -9.53% |
Volatility
GDE vs. GDMN - Volatility Comparison
The current volatility for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) is 8.15%, while WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) has a volatility of 18.84%. This indicates that GDE experiences smaller price fluctuations and is considered to be less risky than GDMN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GDE | GDMN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.15% | 18.84% | -10.69% |
Volatility (6M)Calculated over the trailing 6-month period | 25.02% | 53.03% | -28.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.04% | 62.34% | -33.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.27% | 47.84% | -21.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.27% | 47.84% | -21.57% |
GDE vs. GDMN - Expense Ratio Comparison
GDE has a 0.20% expense ratio, which is lower than GDMN's 0.45% expense ratio.
Dividends
GDE vs. GDMN - Dividend Comparison
GDE's dividend yield for the trailing twelve months is around 4.12%, more than GDMN's 3.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.12% | 4.32% | 7.14% | 2.22% | 0.81% |
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | 3.09% | 2.70% | 9.44% | 7.69% | 1.44% |
Frequently Asked Questions
GDE and GDMN have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDMN has higher volatility (18.84%) compared to GDE (8.15%). In terms of maximum drawdown, GDE dropped -32.01% vs GDMN's -52.82%.
On 3-year performance, GDMN leads with 55.50% vs 43.91% for GDE. On fees, GDE is cheaper at 0.20% per year. On volatility, GDE has been the lower-risk option at 8.15%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, GDMN has performed better with a 55.50% return vs 43.91%. 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 0.45% for GDMN.
GDE has the higher dividend yield at 4.12%, compared with 3.09% for GDMN.
GDE is categorized as Gold, while GDMN is Commodities. Their fees differ too: 0.20% for GDE and 0.45% for GDMN.
GDE currently has the higher Sharpe Ratio (1.62 vs 1.00), 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.
Find the right allocation for GDE and GDMN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer