GDE vs. IBIT
GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - GDE is a Gold fund actively managed by WisdomTree, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. GDE is actively managed, while IBIT is passively managed. Over the past year, GDE returned 40.98% vs -39.67% for IBIT. At a 0.31 correlation, their price movements are largely independent. GDE charges 0.20%/yr vs 0.25%/yr for IBIT.
Performance
GDE vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, GDE achieves a 3.16% return, which is significantly higher than IBIT's -27.41% return.
GDE
- 1D
- 0.67%
- 1M
- -9.22%
- YTD
- 3.16%
- 6M
- 4.00%
- 1Y
- 40.98%
- 3Y*
- 42.64%
- 5Y*
- —
- 10Y*
- —
IBIT
- 1D
- -0.03%
- 1M
- -19.59%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -39.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GDE vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 3.16% | 73.76% | 47.21% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between GDE and IBIT is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.31 |
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Return for Risk
GDE vs. IBIT — Risk / Return Rank
GDE
IBIT
GDE vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and iShares Bitcoin Trust ETF (IBIT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GDE | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.32 | ||
| Sortino ratioReturn per unit of downside risk | +3.11 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.85 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | -0.78 | +2.61 |
| Martin ratioReturn relative to average drawdown | 5.36 | -1.37 | +6.73 |
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Drawdowns
GDE vs. IBIT - Drawdown Comparison
The maximum GDE drawdown since its inception was -32.01%, smaller than the maximum IBIT drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for GDE and IBIT.
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Drawdown Indicators
| GDE | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.01% | -52.11% | +20.10% |
Max Drawdown (1Y)Largest decline over 1 year | -22.66% | -52.11% | +29.45% |
Max Drawdown (3Y)Largest decline over 3 years | -22.66% | — | — |
Current DrawdownCurrent decline from peak | -16.53% | -49.45% | +32.92% |
Average DrawdownAverage peak-to-trough decline | -7.93% | -16.53% | +8.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.73% | 29.64% | -21.91% |
Volatility
GDE vs. IBIT - Volatility Comparison
The current volatility for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) is 10.77%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 12.07%. This indicates that GDE experiences smaller price fluctuations and is considered to be less risky than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GDE | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.77% | 12.07% | -1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 25.97% | 34.45% | -8.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.88% | 44.10% | -14.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.09% | 50.26% | -23.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.09% | 50.26% | -23.17% |
GDE vs. IBIT - Expense Ratio Comparison
GDE has a 0.20% expense ratio, which is lower than IBIT's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
GDE vs. IBIT - Dividend Comparison
GDE's dividend yield for the trailing twelve months is around 4.19%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.19% | 4.32% | 7.14% | 2.22% | 0.81% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GDE and IBIT have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (12.07%) compared to GDE (10.77%). In terms of maximum drawdown, GDE dropped -32.01% vs IBIT's -52.11%.
On 1-year performance, GDE leads with 40.98% vs -39.67% for IBIT. On fees, GDE is cheaper at 0.20% per year. On volatility, GDE has been the lower-risk option at 10.77%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, GDE has performed better with a 40.98% return vs -39.67%. 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 0.25% for IBIT.
GDE has the higher dividend yield at 4.19%, compared with 0.00% for IBIT.
GDE is categorized as Gold, while IBIT is Cryptocurrency. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.20% for GDE and 0.25% for IBIT.
GDE currently has the higher Sharpe Ratio (1.39 vs -0.92), 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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