IGLD.DE vs. GDE
IGLD.DE (iShares Physical Gold (EUR Hedged) ETC) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both Gold funds. IGLD.DE is passively managed, while GDE is actively managed. Over the past 3 years, IGLD.DE returned 24.45%/yr vs 38.92%/yr for GDE. A 0.53 correlation means they provide meaningful diversification when combined. IGLD.DE charges 0.25%/yr vs 0.20%/yr for GDE.
Performance
IGLD.DE vs. GDE - Performance Comparison
Loading charts...
Different Trading Currencies
IGLD.DE is traded in EUR, while GDE is traded in USD. To make them comparable, the GDE values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IGLD.DE achieves a -10.31% return, which is significantly lower than GDE's 0.46% return.
IGLD.DE
- 1D
- 0.00%
- 1M
- -11.35%
- YTD
- -10.31%
- 6M
- -11.59%
- 1Y
- 16.98%
- 3Y*
- 24.45%
- 5Y*
- —
- 10Y*
- —
GDE
- 1D
- 0.54%
- 1M
- -10.10%
- YTD
- 0.46%
- 6M
- -3.91%
- 1Y
- 37.58%
- 3Y*
- 38.92%
- 5Y*
- —
- 10Y*
- —
IGLD.DE vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IGLD.DE iShares Physical Gold (EUR Hedged) ETC | -10.31% | 63.04% | 24.54% | 10.49% | -0.31% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 0.46% | 53.14% | 54.35% | 29.84% | -2.92% |
Correlation
The correlation between IGLD.DE and GDE is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2022 | 0.53 |
The correlation between IGLD.DE and GDE shifts across timeframes, from 0.53 (all time) to 0.69 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IGLD.DE vs. GDE — Risk / Return Rank
IGLD.DE
GDE
IGLD.DE vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold (EUR Hedged) ETC (IGLD.DE) 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.
| IGLD.DE | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.25 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | 1.90 | -1.23 |
| Martin ratioReturn relative to average drawdown | 1.95 | 5.42 | -3.47 |
Loading charts...
Drawdowns
IGLD.DE vs. GDE - Drawdown Comparison
The maximum IGLD.DE drawdown since its inception was -25.14%, which is greater than GDE's maximum drawdown of -22.89%. Use the drawdown chart below to compare losses from any high point for IGLD.DE and GDE.
Loading charts...
Drawdown Indicators
| IGLD.DE | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.14% | -22.89% | -2.25% |
Max Drawdown (1Y)Largest decline over 1 year | -25.14% | -19.85% | -5.29% |
Max Drawdown (3Y)Largest decline over 3 years | -25.14% | -20.49% | -4.65% |
Current DrawdownCurrent decline from peak | -25.14% | -17.28% | -7.86% |
Average DrawdownAverage peak-to-trough decline | -4.01% | -6.59% | +2.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.71% | 6.95% | +1.76% |
Volatility
IGLD.DE vs. GDE - Volatility Comparison
The current volatility for iShares Physical Gold (EUR Hedged) ETC (IGLD.DE) is 9.09%, while WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a volatility of 10.69%. This indicates that IGLD.DE 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.
Loading charts...
Volatility by Period
| IGLD.DE | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.09% | 10.69% | -1.60% |
Volatility (6M)Calculated over the trailing 6-month period | 23.19% | 24.79% | -1.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.98% | 28.65% | -2.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.26% | 25.22% | -6.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.26% | 25.22% | -6.96% |
IGLD.DE vs. GDE - Expense Ratio Comparison
IGLD.DE 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
IGLD.DE vs. GDE - Dividend Comparison
IGLD.DE has not paid dividends to shareholders, while GDE's dividend yield for the trailing twelve months is around 4.44%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.44% | 4.32% | 7.14% | 2.22% | 0.81% |
IGLD.DE iShares Physical Gold (EUR Hedged) ETC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IGLD.DE and GDE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GDE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GDE is cheaper with a 0.20% expense ratio, compared with 0.25% for IGLD.DE.
They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.25% for IGLD.DE and 0.20% for GDE.
Find the right allocation for IGLD.DE and GDE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer