GDE vs. IBKR

Last updated Jun 14, 2026

GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) is Gold fund actively managed by WisdomTree, while IBKR (Interactive Brokers Group, Inc.) is a stock. Over the past 3 years, GDE returned 42.64%/yr vs 67.33%/yr for IBKR. At a 0.32 correlation, their price movements are largely independent.

Performance

GDE vs. IBKR - Performance Comparison

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

Returns By Period

In the year-to-date period, GDE achieves a 3.16% return, which is significantly lower than IBKR's 41.50% return.

GDE

• 1D: 0.67%
• 1M: -9.22%
• YTD: 3.16%
• 6M: 4.00%
• 1Y: 40.98%
• 3Y*: 42.64%
• 5Y*: —
• 10Y*: —

IBKR

• 1D: 2.23%
• 1M: 4.48%
• YTD: 41.50%
• 6M: 41.85%
• 1Y: 80.51%
• 3Y*: 67.33%
• 5Y*: 41.64%
• 10Y*: 26.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GDE vs. IBKR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	3.16%	73.76%	44.79%	33.85%	-8.58%
IBKR Interactive Brokers Group, Inc.	41.50%	46.37%	114.43%	15.14%	10.49%

Correlation

The correlation between GDE and IBKR is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022	0.32

The correlation between GDE and IBKR shifts across timeframes, from 0.31 (3 years) to 0.43 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

GDE vs. IBKR — Risk / Return Rank

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

GDE

GDE Risk / Return Rank: 42
GDE Sharpe Ratio Rank: 45
GDE Sortino Ratio Rank: 39
GDE Omega Ratio Rank: 46
GDE Calmar Ratio Rank: 41
GDE Martin Ratio Rank: 38

IBKR

IBKR Risk / Return Rank: 88
IBKR Sharpe Ratio Rank: 90
IBKR Sortino Ratio Rank: 86
IBKR Omega Ratio Rank: 84
IBKR Calmar Ratio Rank: 90
IBKR Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GDE vs. IBKR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Interactive Brokers Group, Inc. (IBKR). 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	IBKR	Difference
Sharpe ratio: Return per unit of total volatility	1.39	2.08	-0.69
Sortino ratio: Return per unit of downside risk	1.81	2.67	-0.86
Omega ratio: Gain probability vs. loss probability	1.26	1.33	-0.07
Calmar ratio: Return relative to maximum drawdown	1.83	4.20	-2.36
Martin ratio: Return relative to average drawdown	5.36	10.65	-5.29

GDE vs. IBKR - Sharpe Ratio Comparison

The current GDE Sharpe Ratio is 1.39, which is lower than the IBKR Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of GDE and IBKR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GDE vs. IBKR - Drawdown Comparison

The maximum GDE drawdown since its inception was -32.01%, smaller than the maximum IBKR drawdown of -63.66%. Use the drawdown chart below to compare losses from any high point for GDE and IBKR.

Drawdown Indicators

	GDE	IBKR	Difference
Max Drawdown Largest peak-to-trough decline	-32.01%	-63.66%	+31.65%
Max Drawdown (1Y) Largest decline over 1 year	-22.66%	-18.70%	-3.96%
Max Drawdown (3Y) Largest decline over 3 years	-22.66%	-38.66%	+16.00%
Max Drawdown (5Y) Largest decline over 5 years	—	-38.66%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-55.09%	—
Current Drawdown Current decline from peak	-16.53%	0.00%	-16.53%
Average Drawdown Average peak-to-trough decline	-7.93%	-24.85%	+16.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.73%	7.35%	+0.38%

Volatility

GDE vs. IBKR - Volatility Comparison

WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Interactive Brokers Group, Inc. (IBKR) have volatilities of 10.77% and 11.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GDE	IBKR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.77%	11.31%	-0.54%
Volatility (6M) Calculated over the trailing 6-month period	25.97%	27.82%	-1.85%
Volatility (1Y) Calculated over the trailing 1-year period	29.88%	37.67%	-7.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.09%	34.50%	-7.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.09%	33.37%	-6.28%

Dividends

GDE vs. IBKR - Dividend Comparison

GDE's dividend yield for the trailing twelve months is around 4.19%, more than IBKR's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	4.19%	4.32%	7.14%	2.22%	0.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IBKR Interactive Brokers Group, Inc.	0.36%	0.47%	0.48%	0.48%	0.55%	0.50%	0.66%	0.86%	0.73%	0.68%	1.10%	0.92%

Frequently Asked Questions

Can I hold both GDE and IBKR in my portfolio?

GDE and IBKR have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GDE or IBKR?

IBKR has higher volatility (11.31%) compared to GDE (10.77%). In terms of maximum drawdown, GDE dropped -32.01% vs IBKR's -63.66%.

Which has better risk-adjusted returns?

IBKR currently has the higher Sharpe Ratio (2.08 vs 1.39), 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.