NRP vs. GDE
NRP (Natural Resource Partners L.P.) is a stock, while GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) is Gold fund actively managed by WisdomTree. Over the past 3 years, NRP returned 17.67%/yr vs 40.14%/yr for GDE. Their 0.12 correlation means their historical movements had little consistent relationship.
Performance
NRP vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, NRP achieves a -6.31% return, which is significantly lower than GDE's 0.83% return.
NRP
- 1D
- -1.64%
- 1M
- -2.68%
- 6M
- -14.57%
- YTD
- -6.31%
- 1Y
- -3.34%
- 3Y*
- 17.67%
- 5Y*
- 43.81%
- 10Y*
- 21.07%
- ALL TIME*
- 7.45%
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 | |
| $4.46M | $4.18M | $5.40M |
NRP vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
NRP Natural Resource Partners L.P. | -6.31% | -1.93% | 27.43% | 87.03% | 47.38% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 0.83% | 73.76% | 44.79% | 33.85% | -8.58% |
Correlation
The correlation between NRP and GDE is -0.00, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.00 |
Correlation (3Y) Balances recent behavior with more history. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022 | 0.12 |
The correlation between NRP and GDE shifts across timeframes, from -0.00 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NRP vs. GDE — Risk / Return Rank
NRP
GDE
NRP vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Natural Resource Partners L.P. (NRP) 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.
| NRP | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.33 | ||
| Sortino ratioReturn per unit of downside risk | -1.68 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.22 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | 1.58 | -1.73 |
| Martin ratioReturn relative to average drawdown | -0.35 | 3.45 | -3.79 |
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Drawdowns
NRP vs. GDE - Drawdown Comparison
The maximum NRP drawdown since its inception was -97.11%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for NRP and GDE.
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Drawdown Indicators
| NRP | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.11% | -32.01% | -65.10% |
Max Drawdown (1Y)Largest decline over 1 year | -22.90% | -22.66% | -0.24% |
Max Drawdown (3Y)Largest decline over 3 years | -22.90% | -22.66% | -0.24% |
Max Drawdown (5Y)Largest decline over 5 years | -25.24% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -78.75% | — | — |
Current DrawdownCurrent decline from peak | -22.54% | -18.42% | -4.12% |
Average DrawdownAverage peak-to-trough decline | -43.37% | -8.26% | -35.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.57% | 10.37% | -0.80% |
Volatility
NRP vs. GDE - Volatility Comparison
The current volatility for Natural Resource Partners L.P. (NRP) is 4.29%, while WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a volatility of 8.13%. This indicates that NRP 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.
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Volatility by Period
| NRP | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.29% | 8.13% | -3.84% |
Volatility (6M)Calculated over the trailing 6-month period | 14.54% | 24.41% | -9.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.11% | 31.15% | -12.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.43% | 27.12% | +7.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.05% | 27.12% | +12.93% |
Dividends
NRP vs. GDE - Dividend Comparison
NRP's dividend yield for the trailing twelve months is around 3.23%, less than GDE's 4.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.28% | 4.32% | 7.14% | 2.22% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NRP Natural Resource Partners L.P. | 3.23% | 4.03% | 4.90% | 5.87% | 4.97% | 5.39% | 9.82% | 13.18% | 4.71% | 6.92% | 5.57% | 45.28% |
Frequently Asked Questions
NRP and GDE have a correlation of -0.00, 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 NRP (4.29%). In terms of maximum drawdown, NRP dropped -97.11% vs GDE's -32.01%.
GDE currently has the higher Sharpe Ratio (1.15 vs -0.18), 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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