IDMO vs. GDE

Last updated Jun 13, 2026

IDMO (Invesco S&P International Developed Momentum ETF) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both exchange-traded funds - IDMO is a Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index, while GDE is a Gold fund actively managed by WisdomTree. IDMO is passively managed, while GDE is actively managed. Over the past 3 years, IDMO returned 25.21%/yr vs 42.64%/yr for GDE. A 0.61 correlation means they provide meaningful diversification when combined. IDMO charges 0.25%/yr vs 0.20%/yr for GDE.

Performance

IDMO vs. GDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P International Developed Momentum ETF (IDMO) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDMO achieves a 8.17% return, which is significantly higher than GDE's 3.16% return.

IDMO

• 1D: 1.36%
• 1M: -0.98%
• YTD: 8.17%
• 6M: 10.09%
• 1Y: 24.72%
• 3Y*: 25.21%
• 5Y*: 15.50%
• 10Y*: 12.64%

GDE

• 1D: 0.67%
• 1M: -9.22%
• YTD: 3.16%
• 6M: 4.00%
• 1Y: 40.98%
• 3Y*: 42.64%
• 5Y*: —
• 10Y*: —

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

IDMO vs. GDE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IDMO Invesco S&P International Developed Momentum ETF	8.17%	42.17%	12.79%	20.16%	-3.46%
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	3.16%	73.76%	44.79%	33.85%	-8.58%

Correlation

The correlation between IDMO and GDE is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022	0.61

The correlation between IDMO and GDE has been stable across timeframes, ranging from 0.58 to 0.61 - a consistent structural relationship.

IDMO vs. GDE - Sectors Allocation Comparison

Sectors	IDMO	GDE
Financial Services	42.4%	12.2%
Industrials	22.6%	7.6%
Basic Materials	10.2%	1.4%
Utilities	8.4%	2.1%
Technology	5.3%	35.6%
Consumer Defensive	2.5%	5.5%
Communication Services	2.2%	12.2%
Real Estate	2.0%	1.6%
Energy	1.9%	3.4%
Consumer Cyclical	1.4%	10.1%
Healthcare	1.2%	8.3%

Return for Risk

IDMO vs. GDE — Risk / Return Rank

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

IDMO

IDMO Risk / Return Rank: 44
IDMO Sharpe Ratio Rank: 42
IDMO Sortino Ratio Rank: 43
IDMO Omega Ratio Rank: 42
IDMO Calmar Ratio Rank: 43
IDMO Martin Ratio Rank: 51

GDE

GDE Risk / Return Rank: 42
GDE Sharpe Ratio Rank: 45
GDE Sortino Ratio Rank: 39
GDE Omega Ratio Rank: 46
GDE Calmar Ratio Rank: 41
GDE Martin Ratio Rank: 38

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.

IDMO vs. GDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P International Developed Momentum ETF (IDMO) 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.

	IDMO	GDE	Difference
Sharpe ratio: Return per unit of total volatility	1.30	1.39	-0.09
Sortino ratio: Return per unit of downside risk	1.93	1.81	+0.12
Omega ratio: Gain probability vs. loss probability	1.24	1.26	-0.02
Calmar ratio: Return relative to maximum drawdown	1.89	1.83	+0.05
Martin ratio: Return relative to average drawdown	7.64	5.36	+2.28

IDMO vs. GDE - Sharpe Ratio Comparison

The current IDMO Sharpe Ratio is 1.30, which is comparable to the GDE Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of IDMO and GDE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IDMO vs. GDE - Drawdown Comparison

The maximum IDMO drawdown since its inception was -39.38%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for IDMO and GDE.

Drawdown Indicators

	IDMO	GDE	Difference
Max Drawdown Largest peak-to-trough decline	-39.38%	-32.01%	-7.37%
Max Drawdown (1Y) Largest decline over 1 year	-12.31%	-22.66%	+10.35%
Max Drawdown (3Y) Largest decline over 3 years	-12.65%	-22.66%	+10.01%
Max Drawdown (5Y) Largest decline over 5 years	-27.07%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-31.34%	—	—
Current Drawdown Current decline from peak	-1.92%	-16.53%	+14.61%
Average Drawdown Average peak-to-trough decline	-9.74%	-7.93%	-1.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	7.73%	-4.69%

Volatility

IDMO vs. GDE - Volatility Comparison

The current volatility for Invesco S&P International Developed Momentum ETF (IDMO) is 7.92%, while WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a volatility of 10.77%. This indicates that IDMO 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.

Volatility by Period

	IDMO	GDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.92%	10.77%	-2.85%
Volatility (6M) Calculated over the trailing 6-month period	16.02%	25.97%	-9.95%
Volatility (1Y) Calculated over the trailing 1-year period	17.92%	29.88%	-11.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.03%	27.09%	-9.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.18%	27.09%	-8.91%

IDMO vs. GDE - Expense Ratio Comparison

IDMO has a 0.25% expense ratio, which is higher than GDE's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IDMO vs. GDE - Dividend Comparison

IDMO's dividend yield for the trailing twelve months is around 3.52%, less than GDE's 4.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	4.19%	4.32%	7.14%	2.22%	0.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IDMO Invesco S&P International Developed Momentum ETF	3.52%	3.71%	2.24%	2.89%	3.66%	1.81%	1.63%	2.78%	3.27%	3.08%	2.18%	2.52%

Frequently Asked Questions

Can I hold both IDMO and GDE in my portfolio?

IDMO and GDE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDMO or GDE?

GDE has higher volatility (10.77%) compared to IDMO (7.92%). In terms of maximum drawdown, IDMO dropped -39.38% vs GDE's -32.01%.

Which ETF is better, IDMO or GDE?

On 3-year performance, GDE leads with 42.64% vs 25.21% for IDMO. On fees, GDE is cheaper at 0.20% per year. On volatility, IDMO has been the lower-risk option at 7.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDMO or GDE?

Over the 3-year period, GDE has performed better with a 42.64% return vs 25.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDMO or GDE?

GDE is cheaper with a 0.20% expense ratio, compared with 0.25% for IDMO.

Which ETF pays a higher dividend yield, IDMO or GDE?

GDE has the higher dividend yield at 4.19%, compared with 3.52% for IDMO.

What is the main difference between IDMO and GDE?

IDMO is categorized as Momentum, while GDE is Gold. They also come from different issuers: Invesco and WisdomTree. Their fees differ too: 0.25% for IDMO and 0.20% for GDE.

Which has better risk-adjusted returns?

GDE currently has the higher Sharpe Ratio (1.39 vs 1.30), 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.