IXN vs. GDE
IXN (iShares Global Tech ETF) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both exchange-traded funds - IXN is a Technology Equities fund tracking the S&P Global Information Technology Sector Index, while GDE is a Gold fund actively managed by WisdomTree. IXN is passively managed, while GDE is actively managed. Over the past 3 years, IXN returned 32.38%/yr vs 42.64%/yr for GDE. A 0.60 correlation means they provide meaningful diversification when combined. IXN charges 0.46%/yr vs 0.20%/yr for GDE.
Performance
IXN vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, IXN achieves a 33.08% return, which is significantly higher than GDE's 3.16% return.
IXN
- 1D
- 0.42%
- 1M
- 3.37%
- YTD
- 33.08%
- 6M
- 35.17%
- 1Y
- 62.93%
- 3Y*
- 32.38%
- 5Y*
- 21.51%
- 10Y*
- 25.03%
GDE
- 1D
- 0.67%
- 1M
- -9.22%
- YTD
- 3.16%
- 6M
- 4.00%
- 1Y
- 40.98%
- 3Y*
- 42.64%
- 5Y*
- —
- 10Y*
- —
IXN vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IXN iShares Global Tech ETF | 33.08% | 25.25% | 24.84% | 52.98% | -18.32% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 3.16% | 73.76% | 44.79% | 33.85% | -8.58% |
Correlation
The correlation between IXN and GDE is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022 | 0.60 |
The correlation between IXN and GDE has been stable across timeframes, ranging from 0.51 to 0.60 - a consistent structural relationship.
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Return for Risk
IXN vs. GDE — Risk / Return Rank
IXN
GDE
IXN vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Tech ETF (IXN) 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.
| IXN | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.13 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.26 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 4.39 | 1.83 | +2.56 |
| Martin ratioReturn relative to average drawdown | 14.35 | 5.36 | +8.99 |
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Drawdowns
IXN vs. GDE - Drawdown Comparison
The maximum IXN drawdown since its inception was -55.67%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for IXN and GDE.
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Drawdown Indicators
| IXN | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.67% | -32.01% | -23.66% |
Max Drawdown (1Y)Largest decline over 1 year | -13.80% | -22.66% | +8.86% |
Max Drawdown (3Y)Largest decline over 3 years | -25.55% | -22.66% | -2.89% |
Max Drawdown (5Y)Largest decline over 5 years | -36.30% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.30% | — | — |
Current DrawdownCurrent decline from peak | -6.68% | -16.53% | +9.85% |
Average DrawdownAverage peak-to-trough decline | -11.26% | -7.93% | -3.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.21% | 7.73% | -3.52% |
Volatility
IXN vs. GDE - Volatility Comparison
iShares Global Tech ETF (IXN) has a higher volatility of 12.01% compared to WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) at 10.77%. This indicates that IXN'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
| IXN | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.01% | 10.77% | +1.24% |
Volatility (6M)Calculated over the trailing 6-month period | 20.45% | 25.97% | -5.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.03% | 29.88% | -5.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.19% | 27.09% | -1.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.58% | 27.09% | -2.51% |
IXN vs. GDE - Expense Ratio Comparison
IXN has a 0.46% expense ratio, which is higher than GDE's 0.20% expense ratio.
Dividends
IXN vs. GDE - Dividend Comparison
IXN's dividend yield for the trailing twelve months is around 0.78%, 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% |
IXN iShares Global Tech ETF | 0.78% | 1.04% | 0.43% | 0.55% | 0.81% | 0.58% | 0.63% | 1.06% | 0.94% | 0.93% | 1.03% | 1.12% |
Frequently Asked Questions
IXN and GDE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IXN has higher volatility (12.01%) compared to GDE (10.77%). In terms of maximum drawdown, IXN dropped -55.67% vs GDE's -32.01%.
On 3-year performance, GDE leads with 42.64% vs 32.38% for IXN. On fees, GDE is cheaper at 0.20% per year. On volatility, GDE has been the lower-risk option at 10.77%. 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 42.64% return vs 32.38%. 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 0.46% for IXN.
GDE has the higher dividend yield at 4.19%, compared with 0.78% for IXN.
IXN is categorized as Technology Equities, while GDE is Gold. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.46% for IXN and 0.20% for GDE.
IXN currently has the higher Sharpe Ratio (2.52 vs 1.39), 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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