GSIB vs. GDE
Compare and contrast key facts about Themes Global Systemically Important Banks ETF (GSIB) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE).
GSIB and GDE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSIB is an actively managed fund by Themes. It was launched on Dec 14, 2023. 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: GSIB or GDE.
Correlation
The correlation between GSIB and GDE is 0.42, 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
GSIB vs. GDE - Performance Comparison
Key characteristics
GSIB:
1.07
GDE:
0.88
GSIB:
1.41
GDE:
1.19
GSIB:
1.20
GDE:
1.17
GSIB:
1.25
GDE:
1.29
GSIB:
7.15
GDE:
5.05
GSIB:
2.91%
GDE:
4.02%
GSIB:
19.49%
GDE:
23.13%
GSIB:
-16.70%
GDE:
-32.01%
GSIB:
-16.70%
GDE:
-15.74%
Returns By Period
In the year-to-date period, GSIB achieves a -0.94% return, which is significantly higher than GDE's -3.75% return.
GSIB
-0.94%
-14.30%
5.27%
20.65%
N/A
N/A
GDE
-3.75%
-9.02%
-1.32%
17.50%
N/A
N/A
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GSIB vs. GDE - Expense Ratio Comparison
GSIB has a 0.35% expense ratio, which is higher than GDE's 0.20% expense ratio.
Risk-Adjusted Performance
GSIB vs. GDE — Risk-Adjusted Performance Rank
GSIB
GDE
GSIB vs. GDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes Global Systemically Important Banks ETF (GSIB) 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
GSIB vs. GDE - Dividend Comparison
GSIB's dividend yield for the trailing twelve months is around 1.68%, less than GDE's 7.41% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
GSIB Themes Global Systemically Important Banks ETF | 1.68% | 1.67% | 0.00% | 0.00% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 7.41% | 7.14% | 2.22% | 0.81% |
Drawdowns
GSIB vs. GDE - Drawdown Comparison
The maximum GSIB drawdown since its inception was -16.70%, smaller than the maximum GDE drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for GSIB and GDE. For additional features, visit the drawdowns tool.
Volatility
GSIB vs. GDE - Volatility Comparison
Themes Global Systemically Important Banks ETF (GSIB) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) have volatilities of 10.85% and 11.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.