GLTR vs. GDE
GLTR (abrdn Physical Precious Metals Basket Shares ETF) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both exchange-traded funds - GLTR is a Precious Metals fund tracking the ETFS Physical Precious Metals Basket Index, while GDE is a Gold fund actively managed by WisdomTree. GLTR is passively managed, while GDE is actively managed. Over the past 3 years, GLTR returned 29.08%/yr vs 40.84%/yr for GDE. A 0.73 correlation means they provide meaningful diversification when combined. GLTR charges 0.60%/yr vs 0.20%/yr for GDE.
Performance
GLTR vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, GLTR achieves a -9.21% return, which is significantly lower than GDE's -0.50% return.
GLTR
- 1D
- -3.07%
- 1M
- -12.32%
- YTD
- -9.21%
- 6M
- -12.60%
- 1Y
- 33.31%
- 3Y*
- 29.08%
- 5Y*
- 14.31%
- 10Y*
- 11.27%
GDE
- 1D
- -3.14%
- 1M
- -10.04%
- YTD
- -0.50%
- 6M
- -5.03%
- 1Y
- 37.19%
- 3Y*
- 40.84%
- 5Y*
- —
- 10Y*
- —
GLTR vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GLTR abrdn Physical Precious Metals Basket Shares ETF | -9.21% | 87.25% | 20.63% | 2.01% | -8.13% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | -0.50% | 73.76% | 44.79% | 33.85% | -8.58% |
Correlation
The correlation between GLTR and GDE is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022 | 0.73 |
The correlation between GLTR and GDE has been stable across timeframes, ranging from 0.73 to 0.82 - a consistent structural relationship.
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Return for Risk
GLTR vs. GDE — Risk / Return Rank
GLTR
GDE
GLTR vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Physical Precious Metals Basket Shares ETF (GLTR) 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.
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.
| GLTR | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.24 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.97 | 1.65 | -0.68 |
| Martin ratioReturn relative to average drawdown | 2.27 | 4.59 | -2.32 |
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Drawdowns
GLTR vs. GDE - Drawdown Comparison
The maximum GLTR drawdown since its inception was -55.70%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for GLTR and GDE.
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Drawdown Indicators
| GLTR | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.70% | -32.01% | -23.69% |
Max Drawdown (1Y)Largest decline over 1 year | -34.55% | -22.66% | -11.89% |
Max Drawdown (3Y)Largest decline over 3 years | -34.55% | -22.66% | -11.89% |
Max Drawdown (5Y)Largest decline over 5 years | -34.55% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.55% | — | — |
Current DrawdownCurrent decline from peak | -34.55% | -19.50% | -15.05% |
Average DrawdownAverage peak-to-trough decline | -28.83% | -7.97% | -20.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.68% | 8.12% | +6.56% |
Volatility
GLTR vs. GDE - Volatility Comparison
The current volatility for abrdn Physical Precious Metals Basket Shares ETF (GLTR) is 10.06%, while WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a volatility of 11.41%. This indicates that GLTR 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.
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Volatility by Period
| GLTR | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.06% | 11.41% | -1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 36.51% | 26.51% | +10.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.78% | 30.33% | +8.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.90% | 27.15% | -3.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.68% | 27.15% | -6.47% |
GLTR vs. GDE - Expense Ratio Comparison
GLTR has a 0.60% expense ratio, which is higher than GDE's 0.20% expense ratio.
Dividends
GLTR vs. GDE - Dividend Comparison
GLTR has not paid dividends to shareholders, while GDE's dividend yield for the trailing twelve months is around 4.34%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.34% | 4.32% | 7.14% | 2.22% | 0.81% |
GLTR abrdn Physical Precious Metals Basket Shares ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GLTR and GDE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDE has higher volatility (11.41%) compared to GLTR (10.06%). In terms of maximum drawdown, GLTR dropped -55.70% vs GDE's -32.01%.
On 3-year performance, GDE leads with 40.84% vs 29.08% for GLTR. On fees, GDE is cheaper at 0.20% per year. On volatility, GLTR has been the lower-risk option at 10.06%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, GDE has performed better with a 40.84% return vs 29.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GDE is cheaper with a 0.20% expense ratio, compared with 0.60% for GLTR.
GDE has the higher dividend yield at 4.34%, compared with 0.00% for GLTR.
GLTR is categorized as Precious Metals, while GDE is Gold. They also come from different issuers: abrdn and WisdomTree. Their fees differ too: 0.60% for GLTR and 0.20% for GDE.
GDE currently has the higher Sharpe Ratio (1.23 vs 0.86), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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