GLDB vs. GDE

Last updated Apr 1, 2026

Compare and contrast key facts about Strategy Shares Gold-Hedged Bond ETF (GLDB) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE).

GLDB and GDE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLDB is a passively managed fund by Strategy Shares that tracks the performance of the Solactive Gold Backed Bond Index - Benchmark TR Gross. It was launched on May 17, 2021. GDE is an actively managed fund by WisdomTree. It was launched on Mar 15, 2022.

Performance

GLDB vs. GDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategy Shares Gold-Hedged Bond ETF (GLDB) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE). The values are adjusted to include any dividend payments, if applicable.

GLDB vs. GDE - Yearly Performance Comparison

	2026 (YTD)	2025
GLDB Strategy Shares Gold-Hedged Bond ETF	-2.60%	-3.51%
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	2.08%	5.05%

Returns By Period

In the year-to-date period, GLDB achieves a -2.60% return, which is significantly lower than GDE's 2.08% return.

GLDB

• 1D: 3.72%
• 1M: -6.76%
• YTD: -2.60%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GDE

• 1D: 5.90%
• 1M: -13.55%
• YTD: 2.08%
• 6M: 14.59%
• 1Y: 60.26%
• 3Y*: 44.20%
• 5Y*: —
• 10Y*: —

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

GLDB vs. GDE - Expense Ratio Comparison

GLDB has a 0.79% expense ratio, which is higher than GDE's 0.20% expense ratio.

GLDB

Strategy Shares Gold-Hedged Bond ETF

GDE

WisdomTree Efficient Gold Plus Equity Strategy Fund

Return for Risk

GLDB vs. GDE — Risk / Return Rank

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

GDE

GDE Risk / Return Rank: 89
GDE Sharpe Ratio Rank: 90
GDE Sortino Ratio Rank: 89
GDE Omega Ratio Rank: 89
GDE Calmar Ratio Rank: 89
GDE Martin Ratio Rank: 90

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.

GLDB vs. GDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Gold-Hedged Bond ETF (GLDB) 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.

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

Sharpe Ratios by Period

	GLDB	GDE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.31	1.11	-1.42

Correlation

The correlation between GLDB and GDE is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

GLDB vs. GDE - Dividend Comparison

GLDB's dividend yield for the trailing twelve months is around 0.20%, less than GDE's 4.23% yield.

	TTM	2025	2024	2023	2022
GLDB Strategy Shares Gold-Hedged Bond ETF	0.20%	0.19%	0.00%	0.00%	0.00%
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	4.23%	4.32%	7.14%	2.22%	0.81%

Drawdowns

GLDB vs. GDE - Drawdown Comparison

The maximum GLDB drawdown since its inception was -27.36%, smaller than the maximum GDE drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for GLDB and GDE.

Drawdown Indicators

	GLDB	GDE	Difference
Max Drawdown Largest peak-to-trough decline	-27.36%	-32.01%	+4.65%
Max Drawdown (1Y) Largest decline over 1 year	—	-22.66%	—
Current Drawdown Current decline from peak	-22.48%	-17.41%	-5.07%
Average Drawdown Average peak-to-trough decline	-10.62%	-7.74%	-2.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.75%	—

Volatility

Volatility by Period

	GLDB	GDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	44.68%	32.26%	+12.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.68%	26.19%	+18.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.68%	26.19%	+18.49%