GDE vs. KGLD

Last updated Jun 4, 2026

GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) and KGLD (Kurv Gold Enhanced Income ETF ) are both exchange-traded funds - GDE is a Gold fund actively managed by WisdomTree, while KGLD is a Derivative Income fund actively managed by Kurv. Both are actively managed. Their correlation of 0.86 suggests significant overlap in exposure. GDE charges 0.20%/yr vs 1.00%/yr for KGLD.

Performance

GDE vs. KGLD - Performance Comparison

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

Returns By Period

In the year-to-date period, GDE achieves a 9.79% return, which is significantly higher than KGLD's 2.99% return.

GDE

• 1D: -1.35%
• 1M: 1.88%
• YTD: 9.79%
• 6M: 11.87%
• 1Y: 53.13%
• 3Y*: 46.68%
• 5Y*: —
• 10Y*: —

KGLD

• 1D: -1.05%
• 1M: -1.84%
• YTD: 2.99%
• 6M: 5.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GDE vs. KGLD - Yearly Performance Comparison

	2026 (YTD)	2025
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	9.79%	36.46%
KGLD Kurv Gold Enhanced Income ETF	2.99%	29.75%

Correlation

The correlation between GDE and KGLD is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 9, 2025	0.86

Return for Risk

GDE vs. KGLD — Risk / Return Rank

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

GDE

GDE Risk / Return Rank: 49
GDE Sharpe Ratio Rank: 54
GDE Sortino Ratio Rank: 45
GDE Omega Ratio Rank: 54
GDE Calmar Ratio Rank: 47
GDE Martin Ratio Rank: 44

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. KGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Kurv Gold Enhanced Income ETF (KGLD). 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	KGLD	Difference
Sharpe ratio: Return per unit of total volatility	1.88	—	—
Sortino ratio: Return per unit of downside risk	2.32	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	2.36	—	—
Martin ratio: Return relative to average drawdown	7.34	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GDE	KGLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.88	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	1.32	-0.17

Drawdowns

GDE vs. KGLD - Drawdown Comparison

The maximum GDE drawdown since its inception was -32.01%, which is greater than KGLD's maximum drawdown of -20.29%. Use the drawdown chart below to compare losses from any high point for GDE and KGLD.

Drawdown Indicators

	GDE	KGLD	Difference
Max Drawdown Largest peak-to-trough decline	-32.01%	-20.29%	-11.72%
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	-11.17%	-19.40%	+8.23%
Average Drawdown Average peak-to-trough decline	-7.88%	-6.10%	-1.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.26%	—	—

Volatility

Volatility by Period

	GDE	KGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.39%	28.72%	-0.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.12%	28.72%	-2.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.12%	28.72%	-2.60%

GDE vs. KGLD - Expense Ratio Comparison

GDE has a 0.20% expense ratio, which is lower than KGLD's 1.00% expense ratio.

Dividends

GDE vs. KGLD - Dividend Comparison

GDE's dividend yield for the trailing twelve months is around 3.94%, less than KGLD's 12.64% yield.

Position	TTM	2025	2024	2023	2022
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	3.94%	4.32%	7.14%	2.22%	0.81%
KGLD Kurv Gold Enhanced Income ETF	12.64%	4.59%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GDE and KGLD in my portfolio?

GDE and KGLD have a correlation of 0.86, 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 KGLD?

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 KGLD?

GDE is cheaper with a 0.20% expense ratio, compared with 1.00% for KGLD.

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

KGLD has the higher dividend yield at 12.64%, compared with 3.94% for GDE.

What is the main difference between GDE and KGLD?

GDE is categorized as Gold, while KGLD is Derivative Income. They also come from different issuers: WisdomTree and Kurv. Their fees differ too: 0.20% for GDE and 1.00% for KGLD.