NTSE vs. GDE
NTSE (WisdomTree Emerging Markets Efficient Core Fund) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both exchange-traded funds - NTSE is a Diversified Portfolio fund actively managed by WisdomTree, while GDE is a Gold fund actively managed by WisdomTree. Both are actively managed. Over the past 3 years, NTSE returned 24.55%/yr vs 47.08%/yr for GDE. A 0.60 correlation means they provide meaningful diversification when combined. NTSE charges 0.38%/yr vs 0.20%/yr for GDE.
Performance
NTSE vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, NTSE achieves a 30.29% return, which is significantly higher than GDE's 11.25% return.
NTSE
- 1D
- -1.31%
- 1M
- 7.69%
- YTD
- 30.29%
- 6M
- 33.64%
- 1Y
- 59.40%
- 3Y*
- 24.55%
- 5Y*
- 6.15%
- 10Y*
- —
GDE
- 1D
- 1.33%
- 1M
- 2.08%
- YTD
- 11.25%
- 6M
- 13.51%
- 1Y
- 54.50%
- 3Y*
- 47.08%
- 5Y*
- —
- 10Y*
- —
NTSE vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
NTSE WisdomTree Emerging Markets Efficient Core Fund | 30.29% | 36.29% | 4.42% | 9.47% | -15.68% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 11.25% | 73.76% | 44.79% | 33.85% | -18.67% |
Correlation
The correlation between NTSE and GDE is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022 | 0.60 |
The correlation between NTSE and GDE has been stable across timeframes, ranging from 0.55 to 0.60 - a consistent structural relationship.
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Return for Risk
NTSE vs. GDE — Risk / Return Rank
NTSE
GDE
NTSE vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Efficient Core Fund (NTSE) 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.
| NTSE | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.46 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.35 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 4.21 | 2.42 | +1.79 |
| Martin ratioReturn relative to average drawdown | 16.27 | 7.50 | +8.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NTSE | GDE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.88 | 1.93 | +0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 1.17 | -0.80 |
Drawdowns
NTSE vs. GDE - Drawdown Comparison
The maximum NTSE drawdown since its inception was -42.84%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for NTSE and GDE.
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Drawdown Indicators
| NTSE | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.84% | -32.01% | -10.83% |
Max Drawdown (1Y)Largest decline over 1 year | -14.20% | -22.66% | +8.46% |
Max Drawdown (3Y)Largest decline over 3 years | -18.73% | -22.66% | +3.93% |
Max Drawdown (5Y)Largest decline over 5 years | -42.84% | — | — |
Current DrawdownCurrent decline from peak | -2.47% | -9.99% | +7.52% |
Average DrawdownAverage peak-to-trough decline | -19.72% | -7.89% | -11.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.66% | 7.29% | -3.63% |
Volatility
NTSE vs. GDE - Volatility Comparison
WisdomTree Emerging Markets Efficient Core Fund (NTSE) has a higher volatility of 9.12% compared to WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) at 6.68%. This indicates that NTSE'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
| NTSE | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.12% | 6.68% | +2.44% |
Volatility (6M)Calculated over the trailing 6-month period | 18.25% | 24.27% | -6.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.79% | 28.41% | -7.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.26% | 26.12% | -6.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.24% | 26.12% | -6.88% |
NTSE vs. GDE - Expense Ratio Comparison
NTSE has a 0.38% expense ratio, which is higher than GDE's 0.20% expense ratio.
Dividends
NTSE vs. GDE - Dividend Comparison
NTSE's dividend yield for the trailing twelve months is around 2.54%, less than GDE's 3.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 3.88% | 4.32% | 7.14% | 2.22% | 0.81% | 0.00% |
NTSE WisdomTree Emerging Markets Efficient Core Fund | 2.54% | 3.35% | 3.23% | 2.44% | 3.22% | 2.10% |
Frequently Asked Questions
NTSE and GDE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NTSE has higher volatility (9.12%) compared to GDE (6.68%). In terms of maximum drawdown, NTSE dropped -42.84% vs GDE's -32.01%.
On 3-year performance, GDE leads with 47.08% vs 24.55% for NTSE. On fees, GDE is cheaper at 0.20% per year. On volatility, GDE has been the lower-risk option at 6.68%. 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 47.08% return vs 24.55%. 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 0.38% for NTSE.
GDE has the higher dividend yield at 3.88%, compared with 2.54% for NTSE.
NTSE is categorized as Diversified Portfolio, while GDE is Gold. Their fees differ too: 0.38% for NTSE and 0.20% for GDE.
NTSE currently has the higher Sharpe Ratio (2.88 vs 1.93), 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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