IGLD vs. GDT

Last updated Jun 24, 2026

IGLD (FT Vest Gold Strategy Target Income ETF) and GDT (WisdomTree Efficient TIPS Plus Gold Fund) are both exchange-traded funds - IGLD is a Gold fund actively managed by First Trust, while GDT is a Tactical Allocation fund actively managed by WisdomTree. Both are actively managed. With a 0.98 correlation, they move nearly in lockstep. IGLD charges 0.85%/yr vs 0.30%/yr for GDT.

Performance

IGLD vs. GDT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Gold Strategy Target Income ETF (IGLD) and WisdomTree Efficient TIPS Plus Gold Fund (GDT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IGLD

• 1D: -1.96%
• 1M: -8.08%
• YTD: -5.55%
• 6M: -8.37%
• 1Y: 14.83%
• 3Y*: 20.33%
• 5Y*: 12.76%
• 10Y*: —

GDT

• 1D: -1.60%
• 1M: -8.60%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IGLD vs. GDT - Yearly Performance Comparison

	2026 (YTD)
IGLD FT Vest Gold Strategy Target Income ETF	-13.38%
GDT WisdomTree Efficient TIPS Plus Gold Fund	-14.30%

Correlation

The correlation between IGLD and GDT is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 22, 2026	0.98

Return for Risk

IGLD vs. GDT — Risk / Return Rank

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

IGLD

IGLD Risk / Return Rank: 18
IGLD Sharpe Ratio Rank: 19
IGLD Sortino Ratio Rank: 18
IGLD Omega Ratio Rank: 20
IGLD Calmar Ratio Rank: 17
IGLD Martin Ratio Rank: 18

GDT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

IGLD vs. GDT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Gold Strategy Target Income ETF (IGLD) and WisdomTree Efficient TIPS Plus Gold Fund (GDT). 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	GDT	Difference
Sharpe ratio: Return per unit of total volatility	0.61	—	—
Sortino ratio: Return per unit of downside risk	0.94	—	—
Omega ratio: Gain probability vs. loss probability	1.14	—	—
Calmar ratio: Return relative to maximum drawdown	0.68	—	—
Martin ratio: Return relative to average drawdown	1.94	—	—

Drawdowns

IGLD vs. GDT - Drawdown Comparison

The maximum IGLD drawdown since its inception was -21.90%, roughly equal to the maximum GDT drawdown of -22.61%. Use the drawdown chart below to compare losses from any high point for IGLD and GDT.

Drawdown Indicators

	IGLD	GDT	Difference
Max Drawdown Largest peak-to-trough decline	-21.90%	-22.61%	+0.71%
Max Drawdown (1Y) Largest decline over 1 year	-21.90%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.90%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.90%	—	—
Current Drawdown Current decline from peak	-21.20%	-22.49%	+1.29%
Average Drawdown Average peak-to-trough decline	-5.37%	-11.03%	+5.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.68%	—	—

Volatility

Volatility by Period

	IGLD	GDT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.40%	32.99%	-8.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.48%	32.99%	-17.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.30%	32.99%	-17.69%

IGLD vs. GDT - Expense Ratio Comparison

IGLD has a 0.85% expense ratio, which is higher than GDT's 0.30% expense ratio.

Dividends

IGLD vs. GDT - Dividend Comparison

IGLD's dividend yield for the trailing twelve months is around 19.29%, more than GDT's 1.91% yield.

Position	TTM	2025	2024	2023	2022	2021
GDT WisdomTree Efficient TIPS Plus Gold Fund	1.91%	0.00%	0.00%	0.00%	0.00%	0.00%
IGLD FT Vest Gold Strategy Target Income ETF	19.29%	9.91%	20.81%	7.85%	4.45%	2.24%

Frequently Asked Questions

Can I hold both IGLD and GDT in my portfolio?

With a correlation of 0.98, IGLD and GDT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, IGLD or GDT?

On fees, GDT is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IGLD or GDT?

GDT is cheaper with a 0.30% expense ratio, compared with 0.85% for IGLD.

Which ETF pays a higher dividend yield, IGLD or GDT?

IGLD has the higher dividend yield at 19.29%, compared with 1.91% for GDT.

What is the main difference between IGLD and GDT?

IGLD is categorized as Gold, while GDT is Tactical Allocation. They also come from different issuers: First Trust and WisdomTree. Their fees differ too: 0.85% for IGLD and 0.30% for GDT.