GDE vs. IDEQ

Last updated Jul 21, 2026

GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) and IDEQ (Lazard International Dynamic Equity ETF) are both exchange-traded funds - GDE is a Gold fund actively managed by WisdomTree, while IDEQ is a Foreign Large Cap Equities fund actively managed by Lazard. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. GDE charges 0.20%/yr vs 0.40%/yr for IDEQ.

Performance

GDE vs. IDEQ - Performance Comparison

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

Returns By Period

In the year-to-date period, GDE achieves a -1.30% return, which is significantly lower than IDEQ's 12.56% return.

GDE

• 1D: -0.20%
• 1M: -4.95%
• 6M: -7.43%
• YTD: -1.30%
• 1Y: 32.45%
• 3Y*: 39.14%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 29.17%

IDEQ

• 1D: -0.24%
• 1M: -5.36%
• 6M: 7.46%
• YTD: 12.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

GDE vs. IDEQ - Yearly Performance Comparison

	2026 (YTD)	2025
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	-1.30%	27.12%
IDEQ Lazard International Dynamic Equity ETF	12.56%	12.10%

Correlation

The correlation between GDE and IDEQ is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 29, 2025	0.68

Return for Risk

GDE vs. IDEQ — Risk / Return Rank

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

GDE

GDE Risk / Return Rank: 36
GDE Sharpe Ratio Rank: 39
GDE Sortino Ratio Rank: 35
GDE Omega Ratio Rank: 40
GDE Calmar Ratio Rank: 37
GDE Martin Ratio Rank: 31

IDEQ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. IDEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Lazard International Dynamic Equity ETF (IDEQ). 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	IDEQ	Difference
Sharpe ratio: Return per unit of total volatility	1.06	—	—
Sortino ratio: Return per unit of downside risk	1.46	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	1.44	—	—
Martin ratio: Return relative to average drawdown	3.38	—	—

Drawdowns

GDE vs. IDEQ - Drawdown Comparison

The maximum GDE drawdown since its inception was -32.01%, which is greater than IDEQ's maximum drawdown of -12.95%. Use the drawdown chart below to compare losses from any high point for GDE and IDEQ.

Drawdown Indicators

	GDE	IDEQ	Difference
Max Drawdown Largest peak-to-trough decline	-32.01%	-12.95%	-19.06%
Max Drawdown (1Y) Largest decline over 1 year	-22.66%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.66%	—	—
Current Drawdown Current decline from peak	-20.14%	-5.63%	-14.51%
Average Drawdown Average peak-to-trough decline	-8.16%	-2.19%	-5.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.62%	—	—

Volatility

Volatility by Period

	GDE	IDEQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.43%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	30.85%	19.27%	+11.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.10%	19.27%	+7.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.10%	19.27%	+7.83%

GDE vs. IDEQ - Expense Ratio Comparison

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

Dividends

GDE vs. IDEQ - Dividend Comparison

GDE's dividend yield for the trailing twelve months is around 4.38%, more than IDEQ's 1.37% yield.

Position	TTM	2025	2024	2023	2022
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	4.38%	4.32%	7.14%	2.22%	0.81%
IDEQ Lazard International Dynamic Equity ETF	1.37%	0.60%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GDE and IDEQ in my portfolio?

GDE and IDEQ have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GDE or IDEQ?

On fees, GDE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GDE or IDEQ?

GDE is cheaper with a 0.20% expense ratio, compared with 0.40% for IDEQ.

Which ETF pays a higher dividend yield, GDE or IDEQ?

GDE has the higher dividend yield at 4.38%, compared with 1.37% for IDEQ.

What is the main difference between GDE and IDEQ?

GDE is categorized as Gold, while IDEQ is Foreign Large Cap Equities. They also come from different issuers: WisdomTree and Lazard. Their fees differ too: 0.20% for GDE and 0.40% for IDEQ.