GDT vs. IGLD

Last updated Jun 24, 2026

GDT (WisdomTree Efficient TIPS Plus Gold Fund) and IGLD (FT Vest Gold Strategy Target Income ETF) are both exchange-traded funds - GDT is a Tactical Allocation fund actively managed by WisdomTree, while IGLD is a Gold fund actively managed by First Trust. Both are actively managed. With a 0.98 correlation, they move nearly in lockstep. GDT charges 0.30%/yr vs 0.85%/yr for IGLD.

Performance

GDT vs. IGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Efficient TIPS Plus Gold Fund (GDT) and FT Vest Gold Strategy Target Income ETF (IGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GDT

• 1D: -1.60%
• 1M: -8.60%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IGLD

• 1D: -1.96%
• 1M: -8.08%
• YTD: -5.55%
• 6M: -8.37%
• 1Y: 14.83%
• 3Y*: 20.33%
• 5Y*: 12.76%
• 10Y*: —

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

GDT vs. IGLD - Yearly Performance Comparison

	2026 (YTD)
GDT WisdomTree Efficient TIPS Plus Gold Fund	-14.30%
IGLD FT Vest Gold Strategy Target Income ETF	-13.38%

Correlation

The correlation between GDT and IGLD is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 22, 2026	0.98

Return for Risk

GDT vs. IGLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GDT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IGLD

IGLD Risk / Return Rank: 18
IGLD Sharpe Ratio Rank: 19
IGLD Sortino Ratio Rank: 18
IGLD Omega Ratio Rank: 20
IGLD Calmar Ratio Rank: 17
IGLD Martin Ratio Rank: 18

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.

GDT vs. IGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient TIPS Plus Gold Fund (GDT) and FT Vest Gold Strategy Target Income ETF (IGLD). 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.

	GDT	IGLD	Difference
Sharpe ratio: Return per unit of total volatility	—	0.61	—
Sortino ratio: Return per unit of downside risk	—	0.94	—
Omega ratio: Gain probability vs. loss probability	—	1.14	—
Calmar ratio: Return relative to maximum drawdown	—	0.68	—
Martin ratio: Return relative to average drawdown	—	1.94	—

Drawdowns

GDT vs. IGLD - Drawdown Comparison

The maximum GDT drawdown since its inception was -22.61%, roughly equal to the maximum IGLD drawdown of -21.90%. Use the drawdown chart below to compare losses from any high point for GDT and IGLD.

Drawdown Indicators

	GDT	IGLD	Difference
Max Drawdown Largest peak-to-trough decline	-22.61%	-21.90%	-0.71%
Max Drawdown (1Y) Largest decline over 1 year	—	-21.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.90%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.90%	—
Current Drawdown Current decline from peak	-22.49%	-21.20%	-1.29%
Average Drawdown Average peak-to-trough decline	-11.03%	-5.37%	-5.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.68%	—

Volatility

Volatility by Period

	GDT	IGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	32.99%	24.40%	+8.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.99%	15.48%	+17.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.99%	15.30%	+17.69%

GDT vs. IGLD - Expense Ratio Comparison

GDT has a 0.30% expense ratio, which is lower than IGLD's 0.85% expense ratio.

Dividends

GDT vs. IGLD - Dividend Comparison

GDT's dividend yield for the trailing twelve months is around 1.91%, less than IGLD's 19.29% yield.

Position	TTM	2025	2024	2023	2022	2021
GDT WisdomTree Efficient TIPS Plus Gold Fund	1.91%	0.00%	0.00%	0.00%	0.00%	0.00%
IGLD FT Vest Gold Strategy Target Income ETF	19.29%	9.91%	20.81%	7.85%	4.45%	2.24%

Frequently Asked Questions

Can I hold both GDT and IGLD in my portfolio?

With a correlation of 0.98, GDT and IGLD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, GDT or IGLD?

On fees, GDT is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GDT or IGLD?

GDT is cheaper with a 0.30% expense ratio, compared with 0.85% for IGLD.

Which ETF pays a higher dividend yield, GDT or IGLD?

IGLD has the higher dividend yield at 19.29%, compared with 1.91% for GDT.

What is the main difference between GDT and IGLD?

GDT is categorized as Tactical Allocation, while IGLD is Gold. They also come from different issuers: WisdomTree and First Trust. Their fees differ too: 0.30% for GDT and 0.85% for IGLD.