WDAF vs. GDE
WDAF (WisdomTree Asia Defense Fund) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both exchange-traded funds - WDAF is a Aerospace & Defense fund tracking the WisdomTree Asia Defense Index, while GDE is a Gold fund actively managed by WisdomTree. WDAF is passively managed, while GDE is actively managed. At a 0.44 correlation, their price movements are largely independent. WDAF charges 0.45%/yr vs 0.20%/yr for GDE.
Performance
WDAF vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, WDAF achieves a 10.54% return, which is significantly higher than GDE's -0.50% return.
WDAF
- 1D
- -5.17%
- 1M
- -7.02%
- YTD
- 10.54%
- 6M
- 9.61%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GDE
- 1D
- -3.14%
- 1M
- -10.04%
- YTD
- -0.50%
- 6M
- -5.03%
- 1Y
- 37.19%
- 3Y*
- 40.84%
- 5Y*
- —
- 10Y*
- —
WDAF vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WDAF WisdomTree Asia Defense Fund | 10.54% | -7.71% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | -0.50% | 19.19% |
Correlation
The correlation between WDAF and GDE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 12, 2025 | 0.44 |
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Return for Risk
WDAF vs. GDE — Risk / Return Rank
WDAF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GDE
WDAF vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Asia Defense Fund (WDAF) 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.
| WDAF | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.24 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.65 | — |
| Martin ratioReturn relative to average drawdown | — | 4.59 | — |
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Drawdowns
WDAF vs. GDE - Drawdown Comparison
The maximum WDAF drawdown since its inception was -20.11%, smaller than the maximum GDE drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for WDAF and GDE.
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Drawdown Indicators
| WDAF | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.11% | -32.01% | +11.90% |
Max Drawdown (1Y)Largest decline over 1 year | — | -22.66% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.66% | — |
Current DrawdownCurrent decline from peak | -17.04% | -19.50% | +2.46% |
Average DrawdownAverage peak-to-trough decline | -6.70% | -7.97% | +1.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 8.12% | — |
Volatility
WDAF vs. GDE - Volatility Comparison
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Volatility by Period
| WDAF | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.41% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 26.51% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 32.59% | 30.33% | +2.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.59% | 27.15% | +5.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.59% | 27.15% | +5.44% |
WDAF vs. GDE - Expense Ratio Comparison
WDAF has a 0.45% expense ratio, which is higher than GDE's 0.20% expense ratio.
Dividends
WDAF vs. GDE - Dividend Comparison
WDAF's dividend yield for the trailing twelve months is around 0.12%, less than GDE's 4.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.34% | 4.32% | 7.14% | 2.22% | 0.81% |
WDAF WisdomTree Asia Defense Fund | 0.12% | 0.13% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WDAF and GDE have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GDE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GDE is cheaper with a 0.20% expense ratio, compared with 0.45% for WDAF.
GDE has the higher dividend yield at 4.34%, compared with 0.12% for WDAF.
WDAF is categorized as Aerospace & Defense, while GDE is Gold. Their fees differ too: 0.45% for WDAF and 0.20% for GDE.
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