IVRS vs. GDE
IVRS (iShares Future Metaverse Tech And Communications ETF) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both exchange-traded funds - IVRS is a Technology Equities fund tracking the Morningstar Global Metaverse & Virtual Interaction Select Index - Benchmark TR Net, while GDE is a Gold fund actively managed by WisdomTree. IVRS is passively managed, while GDE is actively managed. Over the past 3 years, IVRS returned 7.73%/yr vs 40.14%/yr for GDE. Their 0.54 correlation means they have sometimes moved together and sometimes differently. IVRS charges 0.47%/yr vs 0.20%/yr for GDE.
Performance
IVRS vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, IVRS achieves a -7.07% return, which is significantly lower than GDE's 0.83% return.
IVRS
- 1D
- 2.16%
- 1M
- 0.63%
- 6M
- -1.65%
- YTD
- -7.07%
- 1Y
- -11.56%
- 3Y*
- 7.73%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.16%
GDE
- 1D
- 1.69%
- 1M
- 0.11%
- 6M
- -6.46%
- YTD
- 0.83%
- 1Y
- 35.63%
- 3Y*
- 40.14%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 29.51%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.45M | $8.45M | $9.78M | |
| $45.64K | $34.99K | $21.63K |
IVRS vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IVRS iShares Future Metaverse Tech And Communications ETF | -7.07% | 12.75% | 7.40% | 28.15% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 0.83% | 73.76% | 44.79% | 23.74% |
Correlation
The correlation between IVRS and GDE is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.53 |
Correlation (3Y) Balances recent behavior with more history. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Feb 16, 2023 | 0.54 |
The correlation between IVRS and GDE has been stable across timeframes, ranging from 0.53 to 0.55 - a consistent structural relationship.
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Return for Risk
IVRS vs. GDE — Risk / Return Rank
IVRS
GDE
IVRS vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Future Metaverse Tech And Communications ETF (IVRS) 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.
| IVRS | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.64 | ||
| Sortino ratioReturn per unit of downside risk | -2.09 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.22 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | 1.58 | -1.95 |
| Martin ratioReturn relative to average drawdown | -0.69 | 3.45 | -4.14 |
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Drawdowns
IVRS vs. GDE - Drawdown Comparison
The maximum IVRS drawdown since its inception was -31.43%, roughly equal to the maximum GDE drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for IVRS and GDE.
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Drawdown Indicators
| IVRS | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.43% | -32.01% | +0.58% |
Max Drawdown (1Y)Largest decline over 1 year | -31.43% | -22.66% | -8.77% |
Max Drawdown (3Y)Largest decline over 3 years | -31.43% | -22.66% | -8.77% |
Current DrawdownCurrent decline from peak | -20.06% | -18.42% | -1.64% |
Average DrawdownAverage peak-to-trough decline | -6.51% | -8.26% | +1.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.79% | 10.37% | +6.42% |
Volatility
IVRS vs. GDE - Volatility Comparison
iShares Future Metaverse Tech And Communications ETF (IVRS) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) have volatilities of 7.97% and 8.13%, 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.
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Volatility by Period
| IVRS | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.97% | 8.13% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 19.96% | 24.41% | -4.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.89% | 31.15% | -7.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.88% | 27.12% | -6.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.88% | 27.12% | -6.24% |
IVRS vs. GDE - Expense Ratio Comparison
IVRS has a 0.47% expense ratio, which is higher than GDE's 0.20% expense ratio.
Dividends
IVRS vs. GDE - Dividend Comparison
IVRS's dividend yield for the trailing twelve months is around 8.62%, more than GDE's 4.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.28% | 4.32% | 7.14% | 2.22% | 0.81% |
IVRS iShares Future Metaverse Tech And Communications ETF | 8.62% | 7.88% | 6.65% | 0.48% | 0.00% |
Frequently Asked Questions
IVRS and GDE have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDE has higher volatility (8.13%) compared to IVRS (7.97%). In terms of maximum drawdown, IVRS dropped -31.43% vs GDE's -32.01%.
On 3-year performance, GDE leads with 40.14% vs 7.73% for IVRS. On fees, GDE is cheaper at 0.20% per year. On volatility, IVRS has been the lower-risk option at 7.97%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, GDE has performed better with a 40.14% return vs 7.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GDE is cheaper with a 0.20% expense ratio, compared with 0.47% for IVRS.
IVRS has the higher dividend yield at 8.62%, compared with 4.28% for GDE.
IVRS is categorized as Technology Equities, while GDE is Gold. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.47% for IVRS and 0.20% for GDE.
GDE currently has the higher Sharpe Ratio (1.15 vs -0.49), 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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