GDE vs. MFG
GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) is Gold fund actively managed by WisdomTree, while MFG (Mizuho Financial Group, Inc.) is a stock. Over the past 3 years, GDE returned 42.64%/yr vs 51.80%/yr for MFG. At a 0.33 correlation, their price movements are largely independent.
Performance
GDE vs. MFG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GDE achieves a 3.16% return, which is significantly lower than MFG's 32.24% return.
GDE
- 1D
- 0.67%
- 1M
- -9.22%
- YTD
- 3.16%
- 6M
- 4.00%
- 1Y
- 40.98%
- 3Y*
- 42.64%
- 5Y*
- —
- 10Y*
- —
MFG
- 1D
- 1.68%
- 1M
- 11.39%
- YTD
- 32.24%
- 6M
- 31.34%
- 1Y
- 78.46%
- 3Y*
- 51.80%
- 5Y*
- 30.84%
- 10Y*
- 15.72%
GDE vs. MFG - 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% |
MFG Mizuho Financial Group, Inc. | 32.24% | 54.60% | 47.85% | 26.14% | 7.41% |
Correlation
The correlation between GDE and MFG is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
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 | 0.33 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GDE vs. MFG — Risk / Return Rank
GDE
MFG
GDE vs. MFG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Mizuho Financial Group, Inc. (MFG). 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 | MFG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.12 | ||
| Sortino ratioReturn per unit of downside risk | -1.37 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.40 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 3.11 | -1.27 |
| Martin ratioReturn relative to average drawdown | 5.36 | 8.25 | -2.89 |
Loading charts...
Drawdowns
GDE vs. MFG - Drawdown Comparison
The maximum GDE drawdown since its inception was -32.01%, smaller than the maximum MFG drawdown of -80.57%. Use the drawdown chart below to compare losses from any high point for GDE and MFG.
Loading charts...
Drawdown Indicators
| GDE | MFG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.01% | -80.57% | +48.56% |
Max Drawdown (1Y)Largest decline over 1 year | -22.66% | -24.78% | +2.12% |
Max Drawdown (3Y)Largest decline over 3 years | -22.66% | -28.33% | +5.67% |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.33% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.87% | — |
Current DrawdownCurrent decline from peak | -16.53% | -4.06% | -12.47% |
Average DrawdownAverage peak-to-trough decline | -7.93% | -60.82% | +52.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.73% | 9.31% | -1.58% |
Volatility
GDE vs. MFG - Volatility Comparison
WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a higher volatility of 10.77% compared to Mizuho Financial Group, Inc. (MFG) at 10.09%. This indicates that GDE's price experiences larger fluctuations and is considered to be riskier than MFG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GDE | MFG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.77% | 10.09% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 25.97% | 24.20% | +1.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.88% | 30.69% | -0.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.09% | 29.66% | -2.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.09% | 26.49% | +0.60% |
Dividends
GDE vs. MFG - Dividend Comparison
GDE's dividend yield for the trailing twelve months is around 4.19%, more than MFG's 0.96% 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% |
MFG Mizuho Financial Group, Inc. | 0.96% | 2.68% | 3.20% | 3.73% | 4.34% | 2.76% | 2.71% | 0.00% | 0.00% | 1.86% | 3.77% | 3.10% |
Frequently Asked Questions
GDE and MFG have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDE has higher volatility (10.77%) compared to MFG (10.09%). In terms of maximum drawdown, GDE dropped -32.01% vs MFG's -80.57%.
MFG currently has the higher Sharpe Ratio (2.51 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.
Find the right allocation for GDE and MFG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer