WDGF vs. GSG
WDGF (WisdomTree Global Defense Fund) and GSG (iShares S&P GSCI Commodity-Indexed Trust) are both exchange-traded funds - WDGF is a Aerospace & Defense fund tracking the WisdomTree Global Defense Index, while GSG is a Commodities fund tracking the S&P GSCI Total Return Index. Both are passively managed. At a correlation of -0.04, they often move in opposite directions. WDGF charges 0.45%/yr vs 0.75%/yr for GSG.
Performance
WDGF vs. GSG - Performance Comparison
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Returns By Period
In the year-to-date period, WDGF achieves a -2.38% return, which is significantly lower than GSG's 33.95% return.
WDGF
- 1D
- -1.11%
- 1M
- -6.98%
- 6M
- -15.92%
- YTD
- -2.38%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GSG
- 1D
- -0.93%
- 1M
- 4.15%
- 6M
- 29.74%
- YTD
- 33.95%
- 1Y
- 37.41%
- 3Y*
- 15.32%
- 5Y*
- 14.20%
- 10Y*
- 7.61%
WDGF vs. GSG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WDGF WisdomTree Global Defense Fund | -2.38% | -0.39% |
GSG iShares S&P GSCI Commodity-Indexed Trust | 33.95% | 1.72% |
Correlation
The correlation between WDGF and GSG is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 12, 2025 | -0.04 |
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Return for Risk
WDGF vs. GSG — Risk / Return Rank
WDGF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GSG
WDGF vs. GSG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global Defense Fund (WDGF) and iShares S&P GSCI Commodity-Indexed Trust (GSG). 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.
| WDGF | GSG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.29 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.00 | — |
| Martin ratioReturn relative to average drawdown | — | 6.66 | — |
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Drawdowns
WDGF vs. GSG - Drawdown Comparison
The maximum WDGF drawdown since its inception was -18.00%, smaller than the maximum GSG drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for WDGF and GSG.
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Drawdown Indicators
| WDGF | GSG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.00% | -89.62% | +71.62% |
Max Drawdown (1Y)Largest decline over 1 year | — | -18.81% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.81% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.64% | — |
Current DrawdownCurrent decline from peak | -17.35% | -59.56% | +42.21% |
Average DrawdownAverage peak-to-trough decline | -6.60% | -63.68% | +57.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.63% | — |
Volatility
WDGF vs. GSG - Volatility Comparison
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Volatility by Period
| WDGF | GSG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.17% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 21.54% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.89% | 23.48% | -0.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.89% | 22.80% | +0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.89% | 22.00% | +0.89% |
WDGF vs. GSG - Expense Ratio Comparison
WDGF has a 0.45% expense ratio, which is lower than GSG's 0.75% expense ratio.
Dividends
WDGF vs. GSG - Dividend Comparison
WDGF's dividend yield for the trailing twelve months is around 0.05%, while GSG has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
GSG iShares S&P GSCI Commodity-Indexed Trust | 0.00% | 0.00% |
WDGF WisdomTree Global Defense Fund | 0.05% | 0.05% |
Frequently Asked Questions
WDGF and GSG have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDGF is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDGF is cheaper with a 0.45% expense ratio, compared with 0.75% for GSG.
WDGF has the higher dividend yield at 0.05%, compared with 0.00% for GSG.
WDGF is categorized as Aerospace & Defense, while GSG is Commodities. WDGF tracks WisdomTree Global Defense Index, while GSG tracks S&P GSCI Total Return Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.45% for WDGF and 0.75% for GSG.
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