GDE vs. TEC.TO
GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) and TEC.TO (TD Global Technology Leaders Index ETF) are both exchange-traded funds - GDE is a Gold fund actively managed by WisdomTree, while TEC.TO is a Technology Equities fund tracking the Solactive Global Technology Leaders Index (CA NTR). GDE is actively managed, while TEC.TO is passively managed. Over the past 3 years, GDE returned 42.64%/yr vs 26.66%/yr for TEC.TO. At a 0.49 correlation, their price movements are largely independent. GDE charges 0.20%/yr vs 0.39%/yr for TEC.TO.
Performance
GDE vs. TEC.TO - Performance Comparison
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Different Trading Currencies
GDE is traded in USD, while TEC.TO is traded in CAD. To make them comparable, the TEC.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GDE achieves a 3.16% return, which is significantly lower than TEC.TO's 10.53% return.
GDE
- 1D
- 0.67%
- 1M
- -9.22%
- YTD
- 3.16%
- 6M
- 4.00%
- 1Y
- 40.98%
- 3Y*
- 42.64%
- 5Y*
- —
- 10Y*
- —
TEC.TO
- 1D
- 0.20%
- 1M
- -2.32%
- YTD
- 10.53%
- 6M
- 11.61%
- 1Y
- 31.73%
- 3Y*
- 26.66%
- 5Y*
- 15.37%
- 10Y*
- —
GDE vs. TEC.TO - 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% |
TEC.TO TD Global Technology Leaders Index ETF | 10.53% | 20.97% | 34.24% | 57.02% | -24.05% |
Correlation
The correlation between GDE and TEC.TO is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022 | 0.49 |
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Return for Risk
GDE vs. TEC.TO — Risk / Return Rank
GDE
TEC.TO
GDE vs. TEC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and TD Global Technology Leaders Index ETF (TEC.TO). 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 | TEC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.29 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.77 | +0.06 |
| Martin ratioReturn relative to average drawdown | 5.36 | 5.75 | -0.39 |
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Drawdowns
GDE vs. TEC.TO - Drawdown Comparison
The maximum GDE drawdown since its inception was -32.01%, smaller than the maximum TEC.TO drawdown of -40.52%. Use the drawdown chart below to compare losses from any high point for GDE and TEC.TO.
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Drawdown Indicators
| GDE | TEC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.01% | -40.52% | +8.51% |
Max Drawdown (1Y)Largest decline over 1 year | -22.66% | -17.18% | -5.48% |
Max Drawdown (3Y)Largest decline over 3 years | -22.66% | -24.68% | +2.02% |
Max Drawdown (5Y)Largest decline over 5 years | — | -40.52% | — |
Current DrawdownCurrent decline from peak | -16.53% | -6.11% | -10.42% |
Average DrawdownAverage peak-to-trough decline | -7.93% | -9.14% | +1.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.73% | 5.28% | +2.45% |
Volatility
GDE vs. TEC.TO - Volatility Comparison
WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a higher volatility of 10.77% compared to TD Global Technology Leaders Index ETF (TEC.TO) at 7.22%. This indicates that GDE's price experiences larger fluctuations and is considered to be riskier than TEC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GDE | TEC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.77% | 7.22% | +3.55% |
Volatility (6M)Calculated over the trailing 6-month period | 25.97% | 14.58% | +11.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.88% | 18.55% | +11.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.09% | 23.19% | +3.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.09% | 24.42% | +2.67% |
GDE vs. TEC.TO - Expense Ratio Comparison
GDE has a 0.20% expense ratio, which is lower than TEC.TO's 0.39% expense ratio.
Dividends
GDE vs. TEC.TO - Dividend Comparison
GDE's dividend yield for the trailing twelve months is around 4.19%, more than TEC.TO's 0.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.19% | 4.32% | 7.14% | 2.22% | 0.81% | 0.00% | 0.00% | 0.00% |
TEC.TO TD Global Technology Leaders Index ETF | 0.10% | 0.13% | 0.12% | 0.21% | 0.31% | 0.22% | 0.33% | 0.28% |
Frequently Asked Questions
GDE and TEC.TO have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
GDE is cheaper with a 0.20% expense ratio, compared with 0.39% for TEC.TO.
GDE is categorized as Gold, while TEC.TO is Technology Equities. They also come from different issuers: WisdomTree and TD. Their fees differ too: 0.20% for GDE and 0.39% for TEC.TO.
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