WTMF vs. GDE
WTMF (WisdomTree Managed Futures Strategy Fund) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both exchange-traded funds - WTMF is a Systematic Trend fund tracking the WisdomTree Managed Futures Index, while GDE is a Gold fund actively managed by WisdomTree. WTMF is passively managed, while GDE is actively managed. Over the past 3 years, WTMF returned 9.32%/yr vs 38.84%/yr for GDE. Their 0.39 correlation means their historical movements had little consistent relationship. WTMF charges 0.65%/yr vs 0.20%/yr for GDE.
Performance
WTMF vs. GDE - Performance Comparison
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Returns By Period
In the year-to-date period, WTMF achieves a 8.10% return, which is significantly higher than GDE's -0.84% return.
WTMF
- 1D
- -0.05%
- 1M
- 0.96%
- 6M
- 8.70%
- YTD
- 8.10%
- 1Y
- 18.77%
- 3Y*
- 9.32%
- 5Y*
- 6.09%
- 10Y*
- 3.47%
- ALL TIME*
- 1.16%
GDE
- 1D
- -0.71%
- 1M
- -1.55%
- 6M
- -11.26%
- YTD
- -0.84%
- 1Y
- 33.38%
- 3Y*
- 38.84%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 29.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.75M | $8.80M | $9.79M | |
| $1.17M | $1.17M | $1.11M |
WTMF vs. GDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WTMF WisdomTree Managed Futures Strategy Fund | 8.10% | 12.17% | 3.20% | 16.72% | -7.12% |
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | -0.84% | 73.76% | 44.79% | 33.85% | -8.58% |
Correlation
The correlation between WTMF and GDE is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.56 |
Correlation (3Y) Balances recent behavior with more history. | 0.46 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022 | 0.39 |
The correlation between WTMF and GDE shifts across timeframes, from 0.39 (all time) to 0.56 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
WTMF vs. GDE — Risk / Return Rank
WTMF
GDE
WTMF vs. GDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Managed Futures Strategy Fund (WTMF) 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.
| WTMF | GDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.21 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.38 | 1.49 | +2.89 |
| Martin ratioReturn relative to average drawdown | 16.87 | 3.27 | +13.60 |
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Drawdowns
WTMF vs. GDE - Drawdown Comparison
The maximum WTMF drawdown since its inception was -30.79%, roughly equal to the maximum GDE drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for WTMF and GDE.
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Drawdown Indicators
| WTMF | GDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.79% | -32.01% | +1.22% |
Max Drawdown (1Y)Largest decline over 1 year | -4.04% | -22.66% | +18.62% |
Max Drawdown (3Y)Largest decline over 3 years | -9.93% | -22.66% | +12.73% |
Max Drawdown (5Y)Largest decline over 5 years | -13.21% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -14.83% | — | — |
Current DrawdownCurrent decline from peak | -0.87% | -19.77% | +18.90% |
Average DrawdownAverage peak-to-trough decline | -17.53% | -8.25% | -9.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 10.30% | -9.25% |
Volatility
WTMF vs. GDE - Volatility Comparison
The current volatility for WisdomTree Managed Futures Strategy Fund (WTMF) is 2.19%, while WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) has a volatility of 7.99%. This indicates that WTMF 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
| WTMF | GDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.19% | 7.99% | -5.80% |
Volatility (6M)Calculated over the trailing 6-month period | 7.17% | 26.11% | -18.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.13% | 31.06% | -21.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.37% | 27.12% | -17.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.12% | 27.12% | -19.00% |
WTMF vs. GDE - Expense Ratio Comparison
WTMF has a 0.65% expense ratio, which is higher than GDE's 0.20% expense ratio.
Dividends
WTMF vs. GDE - Dividend Comparison
WTMF's dividend yield for the trailing twelve months is around 2.82%, less than GDE's 4.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | 4.36% | 4.32% | 7.14% | 2.22% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% |
WTMF WisdomTree Managed Futures Strategy Fund | 2.82% | 3.04% | 3.57% | 4.74% | 5.29% | 14.71% | 0.47% | 1.63% | 3.59% |
Frequently Asked Questions
WTMF and GDE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDE has higher volatility (7.99%) compared to WTMF (2.19%). In terms of maximum drawdown, WTMF dropped -30.79% vs GDE's -32.01%.
On 3-year performance, GDE leads with 38.84% vs 9.32% for WTMF. On fees, GDE is cheaper at 0.20% per year. On volatility, WTMF has been the lower-risk option at 2.19%. 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 38.84% return vs 9.32%. 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 0.65% for WTMF.
GDE has the higher dividend yield at 4.36%, compared with 2.82% for WTMF.
WTMF is categorized as Systematic Trend, while GDE is Gold. Their fees differ too: 0.65% for WTMF and 0.20% for GDE.
WTMF currently has the higher Sharpe Ratio (1.94 vs 1.09), 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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