GDE vs. MSFT

Last updated Jun 9, 2026

GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) is Gold fund actively managed by WisdomTree, while MSFT (Microsoft Corporation) is a stock. Over the past 3 years, GDE returned 44.47%/yr vs 8.85%/yr for MSFT. At a 0.45 correlation, their price movements are largely independent.

Performance

GDE vs. MSFT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Microsoft Corporation (MSFT). 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 higher than MSFT's -14.48% return.

GDE

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

MSFT

• 1D: -1.18%
• 1M: -0.60%
• YTD: -14.48%
• 6M: -15.77%
• 1Y: -11.77%
• 3Y*: 8.85%
• 5Y*: 11.09%
• 10Y*: 24.64%

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

GDE vs. MSFT - 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%	-18.67%
MSFT Microsoft Corporation	-14.48%	15.58%	12.93%	58.19%	-18.17%

Correlation

The correlation between GDE and MSFT is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022	0.45

The correlation between GDE and MSFT shifts across timeframes, from 0.26 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GDE vs. MSFT — 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

MSFT

MSFT Risk / Return Rank: 24
MSFT Sharpe Ratio Rank: 21
MSFT Sortino Ratio Rank: 21
MSFT Omega Ratio Rank: 20
MSFT Calmar Ratio Rank: 31
MSFT Martin Ratio Rank: 28

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. MSFT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Microsoft Corporation (MSFT). 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	MSFT	Difference
Sharpe ratio: Return per unit of total volatility	1.66	-0.47	+2.13
Sortino ratio: Return per unit of downside risk	2.07	-0.49	+2.56
Omega ratio: Gain probability vs. loss probability	1.31	0.94	+0.37
Calmar ratio: Return relative to maximum drawdown	2.13	-0.35	+2.47
Martin ratio: Return relative to average drawdown	6.49	-0.73	+7.22
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. MSFT - Sharpe Ratio Comparison

The current GDE Sharpe Ratio is 1.66, which is higher than the MSFT Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of GDE and MSFT, 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	MSFT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.66	-0.47	+2.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.42	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	0.74	+0.36

Drawdowns

GDE vs. MSFT - Drawdown Comparison

The maximum GDE drawdown since its inception was -32.01%, smaller than the maximum MSFT drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for GDE and MSFT.

Drawdown Indicators

	GDE	MSFT	Difference
Max Drawdown Largest peak-to-trough decline	-32.01%	-69.38%	+37.37%
Max Drawdown (1Y) Largest decline over 1 year	-22.66%	-33.91%	+11.25%
Max Drawdown (3Y) Largest decline over 3 years	-22.66%	-33.91%	+11.25%
Max Drawdown (5Y) Largest decline over 5 years	—	-37.15%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.15%	—
Current Drawdown Current decline from peak	-14.44%	-23.56%	+9.12%
Average Drawdown Average peak-to-trough decline	-7.90%	-21.78%	+13.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.40%	16.13%	-8.73%

Volatility

GDE vs. MSFT - Volatility Comparison

The current volatility for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) is 8.25%, while Microsoft Corporation (MSFT) has a volatility of 10.25%. This indicates that GDE experiences smaller price fluctuations and is considered to be less risky than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GDE	MSFT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.25%	10.25%	-2.00%
Volatility (6M) Calculated over the trailing 6-month period	25.04%	22.36%	+2.68%
Volatility (1Y) Calculated over the trailing 1-year period	29.09%	25.31%	+3.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.26%	26.64%	-0.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.26%	27.06%	-0.80%

Dividends

GDE vs. MSFT - Dividend Comparison

GDE's dividend yield for the trailing twelve months is around 4.09%, more than MSFT's 0.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	4.09%	4.32%	7.14%	2.22%	0.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MSFT Microsoft Corporation	0.86%	0.70%	0.73%	0.74%	1.06%	0.68%	0.94%	1.20%	1.69%	1.86%	2.37%	2.33%

Frequently Asked Questions

Can I hold both GDE and MSFT in my portfolio?

GDE and MSFT have a correlation of 0.26, 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 MSFT?

MSFT has higher volatility (10.25%) compared to GDE (8.25%). In terms of maximum drawdown, GDE dropped -32.01% vs MSFT's -69.38%.

Which has better risk-adjusted returns?

GDE currently has the higher Sharpe Ratio (1.66 vs -0.47), 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.