GDMA vs. GDE
Compare and contrast key facts about Gadsden Dynamic Multi-Asset ETF (GDMA) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE).
GDMA and GDE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GDMA is an actively managed fund by Gadsden. It was launched on Nov 14, 2018. GDE is an actively managed fund by WisdomTree. It was launched on Mar 15, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDMA or GDE.
Correlation
The correlation between GDMA and GDE is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GDMA vs. GDE - Performance Comparison
Key characteristics
GDMA:
0.79
GDE:
1.60
GDMA:
1.12
GDE:
2.21
GDMA:
1.15
GDE:
1.31
GDMA:
1.11
GDE:
2.59
GDMA:
4.08
GDE:
10.35
GDMA:
1.88%
GDE:
4.12%
GDMA:
9.72%
GDE:
26.73%
GDMA:
-16.66%
GDE:
-32.01%
GDMA:
-2.34%
GDE:
-0.70%
Returns By Period
In the year-to-date period, GDMA achieves a 1.12% return, which is significantly lower than GDE's 14.37% return.
GDMA
1.12%
-0.61%
0.66%
7.83%
7.23%
N/A
GDE
14.37%
4.83%
11.59%
43.22%
N/A
N/A
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GDMA vs. GDE - Expense Ratio Comparison
GDMA has a 0.77% expense ratio, which is higher than GDE's 0.20% expense ratio.
Risk-Adjusted Performance
GDMA vs. GDE — Risk-Adjusted Performance Rank
GDMA
GDE
GDMA vs. GDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gadsden Dynamic Multi-Asset ETF (GDMA) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE). 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
GDMA vs. GDE - Dividend Comparison
GDMA's dividend yield for the trailing twelve months is around 2.29%, less than GDE's 6.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
GDMA Gadsden Dynamic Multi-Asset ETF | 2.29% | 2.32% | 4.15% | 1.18% | 2.09% | 0.62% | 3.17% | 0.63% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 6.24% | 7.14% | 2.22% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GDMA vs. GDE - Drawdown Comparison
The maximum GDMA drawdown since its inception was -16.66%, smaller than the maximum GDE drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for GDMA and GDE. For additional features, visit the drawdowns tool.
Volatility
GDMA vs. GDE - Volatility Comparison
The current volatility for Gadsden Dynamic Multi-Asset ETF (GDMA) is 4.32%, while WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a volatility of 17.27%. This indicates that GDMA experiences smaller price fluctuations and is considered to be less risky than GDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.