GDE vs. SPUC
Compare and contrast key facts about WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Simplify US Equity PLUS Upside Convexity ETF (SPUC).
GDE and SPUC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GDE is an actively managed fund by WisdomTree. It was launched on Mar 15, 2022. SPUC is an actively managed fund by Simplify Asset Management Inc.. It was launched on Sep 3, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDE or SPUC.
Key characteristics
| GDE | SPUC | |
|---|---|---|
| YTD Return | 44.97% | 36.01% |
| 1Y Return | 59.90% | 47.12% |
| Sharpe Ratio | 3.17 | 2.53 |
| Sortino Ratio | 3.78 | 3.30 |
| Omega Ratio | 1.52 | 1.43 |
| Calmar Ratio | 5.91 | 3.45 |
| Martin Ratio | 21.72 | 10.56 |
| Ulcer Index | 2.92% | 4.75% |
| Daily Std Dev | 20.00% | 19.81% |
| Max Drawdown | -32.01% | -29.20% |
| Current Drawdown | -4.24% | -0.87% |
Correlation
The correlation between GDE and SPUC is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GDE vs. SPUC - Performance Comparison
In the year-to-date period, GDE achieves a 44.97% return, which is significantly higher than SPUC's 36.01% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GDE vs. SPUC - Expense Ratio Comparison
GDE has a 0.20% expense ratio, which is lower than SPUC's 0.29% expense ratio.
Risk-Adjusted Performance
GDE vs. SPUC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Simplify US Equity PLUS Upside Convexity ETF (SPUC). 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.
Dividends
GDE vs. SPUC - Dividend Comparison
GDE's dividend yield for the trailing twelve months is around 7.02%, more than SPUC's 0.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 7.02% | 2.22% | 0.81% | 0.00% | 0.00% |
SPUC Simplify US Equity PLUS Upside Convexity ETF | 0.97% | 1.33% | 1.53% | 2.10% | 0.75% |
Drawdowns
GDE vs. SPUC - Drawdown Comparison
The maximum GDE drawdown since its inception was -32.01%, which is greater than SPUC's maximum drawdown of -29.20%. Use the drawdown chart below to compare losses from any high point for GDE and SPUC. For additional features, visit the drawdowns tool.
Volatility
GDE vs. SPUC - Volatility Comparison
WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a higher volatility of 5.90% compared to Simplify US Equity PLUS Upside Convexity ETF (SPUC) at 5.52%. This indicates that GDE's price experiences larger fluctuations and is considered to be riskier than SPUC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.