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GDE vs. GLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GDE and GLD is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.2

Performance

GDE vs. GLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and SPDR Gold Trust (GLD). The values are adjusted to include any dividend payments, if applicable.

30.00%40.00%50.00%60.00%70.00%80.00%NovemberDecember2025FebruaryMarchApril
80.29%
68.46%
GDE
GLD

Key characteristics

Sharpe Ratio

GDE:

1.60

GLD:

2.49

Sortino Ratio

GDE:

2.21

GLD:

3.30

Omega Ratio

GDE:

1.31

GLD:

1.43

Calmar Ratio

GDE:

2.59

GLD:

5.14

Martin Ratio

GDE:

10.35

GLD:

14.01

Ulcer Index

GDE:

4.12%

GLD:

2.98%

Daily Std Dev

GDE:

26.73%

GLD:

16.80%

Max Drawdown

GDE:

-32.01%

GLD:

-45.56%

Current Drawdown

GDE:

-0.70%

GLD:

-3.44%

Returns By Period

In the year-to-date period, GDE achieves a 14.37% return, which is significantly lower than GLD's 25.85% return.


GDE

YTD

14.37%

1M

3.54%

6M

11.59%

1Y

41.32%

5Y*

N/A

10Y*

N/A

GLD

YTD

25.85%

1M

8.07%

6M

20.29%

1Y

40.67%

5Y*

13.58%

10Y*

10.22%

*Annualized

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GDE vs. GLD - Expense Ratio Comparison

GDE has a 0.20% expense ratio, which is lower than GLD's 0.40% expense ratio.


Expense ratio chart for GLD: current value is 0.40%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GLD: 0.40%
Expense ratio chart for GDE: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GDE: 0.20%

Risk-Adjusted Performance

GDE vs. GLD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GDE
The Risk-Adjusted Performance Rank of GDE is 9292
Overall Rank
The Sharpe Ratio Rank of GDE is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of GDE is 9191
Sortino Ratio Rank
The Omega Ratio Rank of GDE is 9090
Omega Ratio Rank
The Calmar Ratio Rank of GDE is 9595
Calmar Ratio Rank
The Martin Ratio Rank of GDE is 9393
Martin Ratio Rank

GLD
The Risk-Adjusted Performance Rank of GLD is 9696
Overall Rank
The Sharpe Ratio Rank of GLD is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of GLD is 9696
Sortino Ratio Rank
The Omega Ratio Rank of GLD is 9595
Omega Ratio Rank
The Calmar Ratio Rank of GLD is 9797
Calmar Ratio Rank
The Martin Ratio Rank of GLD is 9696
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GDE vs. GLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and SPDR Gold Trust (GLD). 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.


The chart of Sharpe ratio for GDE, currently valued at 1.60, compared to the broader market-1.000.001.002.003.004.00
GDE: 1.60
GLD: 2.49
The chart of Sortino ratio for GDE, currently valued at 2.21, compared to the broader market-2.000.002.004.006.008.00
GDE: 2.21
GLD: 3.30
The chart of Omega ratio for GDE, currently valued at 1.31, compared to the broader market0.501.001.502.002.50
GDE: 1.31
GLD: 1.43
The chart of Calmar ratio for GDE, currently valued at 2.59, compared to the broader market0.002.004.006.008.0010.0012.00
GDE: 2.59
GLD: 5.14
The chart of Martin ratio for GDE, currently valued at 10.35, compared to the broader market0.0020.0040.0060.00
GDE: 10.35
GLD: 14.01

The current GDE Sharpe Ratio is 1.60, which is lower than the GLD Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of GDE and GLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.003.504.00NovemberDecember2025FebruaryMarchApril
1.60
2.49
GDE
GLD

Dividends

GDE vs. GLD - Dividend Comparison

GDE's dividend yield for the trailing twelve months is around 6.24%, while GLD has not paid dividends to shareholders.


TTM202420232022
GDE
WisdomTree Efficient Gold Plus Equity Strategy Fund
6.24%7.14%2.22%0.81%
GLD
SPDR Gold Trust
0.00%0.00%0.00%0.00%

Drawdowns

GDE vs. GLD - Drawdown Comparison

The maximum GDE drawdown since its inception was -32.01%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for GDE and GLD. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-0.70%
-3.44%
GDE
GLD

Volatility

GDE vs. GLD - Volatility Comparison

WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a higher volatility of 17.27% compared to SPDR Gold Trust (GLD) at 8.30%. This indicates that GDE's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
17.27%
8.30%
GDE
GLD