GDE vs. VOO
Compare and contrast key facts about WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Vanguard S&P 500 ETF (VOO).
GDE and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDE or VOO.
Key characteristics
| GDE | VOO | |
|---|---|---|
| YTD Return | 44.97% | 26.94% |
| 1Y Return | 59.90% | 35.06% |
| Sharpe Ratio | 3.17 | 3.08 |
| Sortino Ratio | 3.78 | 4.09 |
| Omega Ratio | 1.52 | 1.58 |
| Calmar Ratio | 5.91 | 4.46 |
| Martin Ratio | 21.72 | 20.36 |
| Ulcer Index | 2.92% | 1.85% |
| Daily Std Dev | 20.00% | 12.23% |
| Max Drawdown | -32.01% | -33.99% |
| Current Drawdown | -4.24% | -0.25% |
Correlation
The correlation between GDE and VOO is 0.69, 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. VOO - Performance Comparison
In the year-to-date period, GDE achieves a 44.97% return, which is significantly higher than VOO's 26.94% 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. VOO - Expense Ratio Comparison
GDE has a 0.20% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
GDE vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
GDE's dividend yield for the trailing twelve months is around 7.02%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 7.02% | 2.22% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
GDE vs. VOO - Drawdown Comparison
The maximum GDE drawdown since its inception was -32.01%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GDE and VOO. For additional features, visit the drawdowns tool.
Volatility
GDE vs. VOO - Volatility Comparison
WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a higher volatility of 5.90% compared to Vanguard S&P 500 ETF (VOO) at 3.78%. This indicates that GDE's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.