HAFN vs. GDE
HAFN (Hafnia Limited) is a stock, while GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) is Gold fund actively managed by WisdomTree. Over the past year, HAFN returned 53.16% vs 43.92% for GDE. At a 0.17 correlation, their price movements are largely independent.
Performance
HAFN vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, HAFN achieves a 51.43% return, which is significantly higher than GDE's 2.73% return.
HAFN
- 1D
- 4.98%
- 1M
- -7.71%
- YTD
- 51.43%
- 6M
- 52.00%
- 1Y
- 53.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GDE
- 1D
- -1.07%
- 1M
- -7.12%
- YTD
- 2.73%
- 6M
- -0.30%
- 1Y
- 43.92%
- 3Y*
- 42.34%
- 5Y*
- —
- 10Y*
- —
HAFN vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
HAFN Hafnia Limited | 51.43% | 2.71% | -14.02% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 2.73% | 73.76% | 21.19% |
Correlation
The correlation between HAFN and GDE is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Apr 9, 2024 | 0.17 |
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Return for Risk
HAFN vs. GDE — Risk / Return Rank
HAFN
GDE
HAFN vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hafnia Limited (HAFN) 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.
| HAFN | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.27 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.47 | 1.95 | +0.52 |
| Martin ratioReturn relative to average drawdown | 6.35 | 5.49 | +0.86 |
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Drawdowns
HAFN vs. GDE - Drawdown Comparison
The maximum HAFN drawdown since its inception was -53.75%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for HAFN and GDE.
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Drawdown Indicators
| HAFN | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.75% | -32.01% | -21.74% |
Max Drawdown (1Y)Largest decline over 1 year | -21.63% | -22.66% | +1.03% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.66% | — |
Current DrawdownCurrent decline from peak | -16.69% | -16.89% | +0.20% |
Average DrawdownAverage peak-to-trough decline | -21.14% | -7.96% | -13.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.45% | 8.03% | +0.42% |
Volatility
HAFN vs. GDE - Volatility Comparison
Hafnia Limited (HAFN) has a higher volatility of 11.95% compared to WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) at 11.06%. This indicates that HAFN's price experiences larger fluctuations and is considered to be riskier 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
| HAFN | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.95% | 11.06% | +0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 26.15% | 26.33% | -0.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.99% | 30.21% | +4.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.30% | 27.12% | +11.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.30% | 27.12% | +11.18% |
Dividends
HAFN vs. GDE - Dividend Comparison
HAFN's dividend yield for the trailing twelve months is around 9.65%, more than GDE's 4.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.21% | 4.32% | 7.14% | 2.22% | 0.81% |
HAFN Hafnia Limited | 9.65% | 7.48% | 20.25% | 0.00% | 0.00% |
Frequently Asked Questions
HAFN and GDE have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HAFN has higher volatility (11.95%) compared to GDE (11.06%). In terms of maximum drawdown, HAFN dropped -53.75% vs GDE's -32.01%.
HAFN currently has the higher Sharpe Ratio (1.53 vs 1.46), 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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