GDE vs. MOOD

Last updated Jun 9, 2026

GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) and MOOD (Relative Sentiment Tactical Allocation ETF) are both exchange-traded funds - GDE is a Gold fund actively managed by WisdomTree, while MOOD is a Tactical Allocation fund actively managed by Relative Sentiment. Both are actively managed. Over the past 3 years, GDE returned 44.47%/yr vs 19.89%/yr for MOOD. A 0.77 correlation means they provide meaningful diversification when combined. GDE charges 0.20%/yr vs 0.68%/yr for MOOD.

Performance

GDE vs. MOOD - Performance Comparison

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

Returns By Period

In the year-to-date period, GDE achieves a 5.74% return, which is significantly lower than MOOD's 12.64% return.

GDE

• 1D: 0.95%
• 1M: -7.44%
• YTD: 5.74%
• 6M: 8.50%
• 1Y: 47.93%
• 3Y*: 44.47%
• 5Y*: —
• 10Y*: —

MOOD

• 1D: 0.40%
• 1M: -0.30%
• YTD: 12.64%
• 6M: 14.97%
• 1Y: 33.33%
• 3Y*: 19.89%
• 5Y*: —
• 10Y*: —

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

GDE vs. MOOD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	5.74%	73.76%	44.79%	33.85%	-1.48%
MOOD Relative Sentiment Tactical Allocation ETF	12.64%	30.39%	12.53%	12.56%	-3.31%

Correlation

The correlation between GDE and MOOD is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (All Time) Calculated using the full available price history since May 19, 2022	0.77

The correlation between GDE and MOOD has been stable across timeframes, ranging from 0.76 to 0.81 - a consistent structural relationship.

GDE vs. MOOD - Sectors Allocation Comparison

Sectors	GDE	MOOD
Technology	35.6%	27.6%
Financial Services	12.2%	15.7%
Communication Services	12.2%	7.9%
Consumer Cyclical	10.1%	9.5%
Healthcare	8.3%	8.4%
Industrials	7.6%	12.6%
Consumer Defensive	5.5%	5.1%
Energy	3.4%	3.7%
Utilities	2.1%	2.7%
Real Estate	1.6%	2.5%
Basic Materials	1.4%	4.4%

Return for Risk

GDE vs. MOOD — 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: 47
GDE Omega Ratio Rank: 54
GDE Calmar Ratio Rank: 47
GDE Martin Ratio Rank: 43

MOOD

MOOD Risk / Return Rank: 74
MOOD Sharpe Ratio Rank: 81
MOOD Sortino Ratio Rank: 67
MOOD Omega Ratio Rank: 84
MOOD Calmar Ratio Rank: 75
MOOD Martin Ratio Rank: 65

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. MOOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Relative Sentiment Tactical Allocation ETF (MOOD). 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	MOOD	Difference
Sharpe ratio: Return per unit of total volatility	1.66	2.34	-0.68
Sortino ratio: Return per unit of downside risk	2.07	2.76	-0.68
Omega ratio: Gain probability vs. loss probability	1.31	1.46	-0.15
Calmar ratio: Return relative to maximum drawdown	2.13	3.45	-1.32
Martin ratio: Return relative to average drawdown	6.49	10.67	-4.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GDE vs. MOOD - Sharpe Ratio Comparison

The current GDE Sharpe Ratio is 1.66, which is comparable to the MOOD Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of GDE and MOOD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GDE	MOOD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.66	2.34	-0.68
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	1.31	-0.21

Drawdowns

GDE vs. MOOD - Drawdown Comparison

The maximum GDE drawdown since its inception was -32.01%, which is greater than MOOD's maximum drawdown of -14.34%. Use the drawdown chart below to compare losses from any high point for GDE and MOOD.

Drawdown Indicators

	GDE	MOOD	Difference
Max Drawdown Largest peak-to-trough decline	-32.01%	-14.34%	-17.67%
Max Drawdown (1Y) Largest decline over 1 year	-22.66%	-9.71%	-12.95%
Max Drawdown (3Y) Largest decline over 3 years	-22.66%	-9.71%	-12.95%
Current Drawdown Current decline from peak	-14.44%	-2.14%	-12.30%
Average Drawdown Average peak-to-trough decline	-7.90%	-2.32%	-5.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.40%	3.13%	+4.27%

Volatility

GDE vs. MOOD - Volatility Comparison

WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a higher volatility of 8.25% compared to Relative Sentiment Tactical Allocation ETF (MOOD) at 3.59%. This indicates that GDE's price experiences larger fluctuations and is considered to be riskier than MOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GDE	MOOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.25%	3.59%	+4.66%
Volatility (6M) Calculated over the trailing 6-month period	25.04%	12.55%	+12.49%
Volatility (1Y) Calculated over the trailing 1-year period	29.09%	14.33%	+14.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.26%	12.10%	+14.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.26%	12.10%	+14.16%

GDE vs. MOOD - Expense Ratio Comparison

GDE has a 0.20% expense ratio, which is lower than MOOD's 0.68% expense ratio.

Dividends

GDE vs. MOOD - Dividend Comparison

GDE's dividend yield for the trailing twelve months is around 4.09%, more than MOOD's 0.36% yield.

Position	TTM	2025	2024	2023	2022
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	4.09%	4.32%	7.14%	2.22%	0.81%
MOOD Relative Sentiment Tactical Allocation ETF	0.36%	0.40%	1.33%	1.34%	1.43%

Frequently Asked Questions

Can I hold both GDE and MOOD in my portfolio?

GDE and MOOD have a correlation of 0.81, 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 MOOD?

GDE has higher volatility (8.25%) compared to MOOD (3.59%). In terms of maximum drawdown, GDE dropped -32.01% vs MOOD's -14.34%.

Which ETF is better, GDE or MOOD?

On 3-year performance, GDE leads with 44.47% vs 19.89% for MOOD. On fees, GDE is cheaper at 0.20% per year. On volatility, MOOD has been the lower-risk option at 3.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GDE or MOOD?

Over the 3-year period, GDE has performed better with a 44.47% return vs 19.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GDE or MOOD?

GDE is cheaper with a 0.20% expense ratio, compared with 0.68% for MOOD.

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

GDE has the higher dividend yield at 4.09%, compared with 0.36% for MOOD.

What is the main difference between GDE and MOOD?

GDE is categorized as Gold, while MOOD is Tactical Allocation. They also come from different issuers: WisdomTree and Relative Sentiment. Their fees differ too: 0.20% for GDE and 0.68% for MOOD.

Which has better risk-adjusted returns?

MOOD currently has the higher Sharpe Ratio (2.34 vs 1.66), 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.