USMF vs. GDE
USMF (WisdomTree US Multifactor Fund) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both exchange-traded funds - USMF is a Mid Cap Blend Equities fund tracking the WisdomTree US Multifactor Index, while GDE is a Gold fund actively managed by WisdomTree. USMF is passively managed, while GDE is actively managed. Over the past 3 years, USMF returned 14.13%/yr vs 46.68%/yr for GDE. A 0.54 correlation means they provide meaningful diversification when combined. USMF charges 0.28%/yr vs 0.20%/yr for GDE.
Performance
USMF vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, USMF achieves a 4.36% return, which is significantly lower than GDE's 9.79% return.
USMF
- 1D
- -0.56%
- 1M
- 3.76%
- YTD
- 4.36%
- 6M
- 4.80%
- 1Y
- 6.28%
- 3Y*
- 14.13%
- 5Y*
- 7.67%
- 10Y*
- —
GDE
- 1D
- -1.35%
- 1M
- 1.88%
- YTD
- 9.79%
- 6M
- 11.87%
- 1Y
- 53.13%
- 3Y*
- 46.68%
- 5Y*
- —
- 10Y*
- —
USMF vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
USMF WisdomTree US Multifactor Fund | 4.36% | 4.60% | 19.65% | 13.47% | -5.64% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 9.79% | 73.76% | 44.79% | 33.85% | -18.67% |
Correlation
The correlation between USMF and GDE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022 | 0.54 |
The correlation between USMF and GDE shifts across timeframes, from 0.39 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
USMF vs. GDE — Risk / Return Rank
USMF
GDE
USMF vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree US Multifactor Fund (USMF) 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.
| USMF | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.30 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.34 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | 2.36 | -1.38 |
| Martin ratioReturn relative to average drawdown | 2.93 | 7.34 | -4.41 |
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
| USMF | GDE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 1.88 | -1.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 1.15 | -0.53 |
Drawdowns
USMF vs. GDE - Drawdown Comparison
The maximum USMF drawdown since its inception was -36.24%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for USMF and GDE.
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Drawdown Indicators
| USMF | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.24% | -32.01% | -4.23% |
Max Drawdown (1Y)Largest decline over 1 year | -6.47% | -22.66% | +16.19% |
Max Drawdown (3Y)Largest decline over 3 years | -15.39% | -22.66% | +7.27% |
Max Drawdown (5Y)Largest decline over 5 years | -18.10% | — | — |
Current DrawdownCurrent decline from peak | -0.56% | -11.17% | +10.61% |
Average DrawdownAverage peak-to-trough decline | -4.16% | -7.88% | +3.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.15% | 7.26% | -5.11% |
Volatility
USMF vs. GDE - Volatility Comparison
The current volatility for WisdomTree US Multifactor Fund (USMF) is 2.30%, while WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a volatility of 6.65%. This indicates that USMF 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
| USMF | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.30% | 6.65% | -4.35% |
Volatility (6M)Calculated over the trailing 6-month period | 7.43% | 24.24% | -16.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.79% | 28.39% | -17.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.27% | 26.12% | -11.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.97% | 26.12% | -9.15% |
USMF vs. GDE - Expense Ratio Comparison
USMF has a 0.28% expense ratio, which is higher than GDE's 0.20% expense ratio.
Dividends
USMF vs. GDE - Dividend Comparison
USMF's dividend yield for the trailing twelve months is around 1.32%, less than GDE's 3.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 3.94% | 4.32% | 7.14% | 2.22% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USMF WisdomTree US Multifactor Fund | 1.32% | 1.37% | 1.22% | 1.33% | 1.74% | 1.42% | 1.34% | 1.38% | 1.45% | 0.67% |
Frequently Asked Questions
USMF and GDE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDE has higher volatility (6.65%) compared to USMF (2.30%). In terms of maximum drawdown, USMF dropped -36.24% vs GDE's -32.01%.
On 3-year performance, GDE leads with 46.68% vs 14.13% for USMF. On fees, GDE is cheaper at 0.20% per year. On volatility, USMF has been the lower-risk option at 2.30%. 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 46.68% return vs 14.13%. 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 0.28% for USMF.
GDE has the higher dividend yield at 3.94%, compared with 1.32% for USMF.
USMF is categorized as Mid Cap Blend Equities, while GDE is Gold. Their fees differ too: 0.28% for USMF and 0.20% for GDE.
GDE currently has the higher Sharpe Ratio (1.88 vs 0.58), 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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