XNTK vs. GDE

Last updated Jun 14, 2026

XNTK (SPDR NYSE Technology ETF) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both exchange-traded funds - XNTK is a Technology Equities fund tracking the NYSE Technology Index, while GDE is a Gold fund actively managed by WisdomTree. XNTK is passively managed, while GDE is actively managed. Over the past 3 years, XNTK returned 39.05%/yr vs 42.64%/yr for GDE. A 0.58 correlation means they provide meaningful diversification when combined. XNTK charges 0.35%/yr vs 0.20%/yr for GDE.

Performance

XNTK vs. GDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR NYSE Technology ETF (XNTK) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XNTK achieves a 32.86% return, which is significantly higher than GDE's 3.16% return.

XNTK

• 1D: 0.69%
• 1M: 9.85%
• YTD: 32.86%
• 6M: 32.78%
• 1Y: 65.70%
• 3Y*: 39.05%
• 5Y*: 19.92%
• 10Y*: 25.25%

GDE

• 1D: 0.67%
• 1M: -9.22%
• YTD: 3.16%
• 6M: 4.00%
• 1Y: 40.98%
• 3Y*: 42.64%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XNTK vs. GDE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XNTK SPDR NYSE Technology ETF	32.86%	38.06%	23.49%	70.13%	-26.26%
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	3.16%	73.76%	44.79%	33.85%	-8.58%

Correlation

The correlation between XNTK and GDE is 0.51, 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	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022	0.58

The correlation between XNTK and GDE has been stable across timeframes, ranging from 0.51 to 0.58 - a consistent structural relationship.

Return for Risk

XNTK vs. GDE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XNTK

XNTK Risk / Return Rank: 80
XNTK Sharpe Ratio Rank: 87
XNTK Sortino Ratio Rank: 78
XNTK Omega Ratio Rank: 81
XNTK Calmar Ratio Rank: 81
XNTK Martin Ratio Rank: 75

GDE

GDE Risk / Return Rank: 42
GDE Sharpe Ratio Rank: 45
GDE Sortino Ratio Rank: 39
GDE Omega Ratio Rank: 46
GDE Calmar Ratio Rank: 41
GDE Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XNTK vs. GDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR NYSE Technology ETF (XNTK) 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.

	XNTK	GDE	Difference
Sharpe ratio: Return per unit of total volatility	2.50	1.39	+1.11
Sortino ratio: Return per unit of downside risk	3.01	1.81	+1.20
Omega ratio: Gain probability vs. loss probability	1.42	1.26	+0.15
Calmar ratio: Return relative to maximum drawdown	3.73	1.83	+1.90
Martin ratio: Return relative to average drawdown	12.16	5.36	+6.80

XNTK vs. GDE - Sharpe Ratio Comparison

The current XNTK Sharpe Ratio is 2.50, which is higher than the GDE Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of XNTK and GDE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XNTK vs. GDE - Drawdown Comparison

The maximum XNTK drawdown since its inception was -72.38%, which is greater than GDE's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for XNTK and GDE.

Drawdown Indicators

	XNTK	GDE	Difference
Max Drawdown Largest peak-to-trough decline	-72.38%	-32.01%	-40.37%
Max Drawdown (1Y) Largest decline over 1 year	-17.00%	-22.66%	+5.66%
Max Drawdown (3Y) Largest decline over 3 years	-28.11%	-22.66%	-5.45%
Max Drawdown (5Y) Largest decline over 5 years	-48.28%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-48.28%	—	—
Current Drawdown Current decline from peak	-4.70%	-16.53%	+11.83%
Average Drawdown Average peak-to-trough decline	-21.28%	-7.93%	-13.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.21%	7.73%	-2.52%

Volatility

XNTK vs. GDE - Volatility Comparison

SPDR NYSE Technology ETF (XNTK) has a higher volatility of 12.53% compared to WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) at 10.77%. This indicates that XNTK'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.

Volatility by Period

	XNTK	GDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.53%	10.77%	+1.76%
Volatility (6M) Calculated over the trailing 6-month period	20.87%	25.97%	-5.10%
Volatility (1Y) Calculated over the trailing 1-year period	25.43%	29.88%	-4.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.25%	27.09%	+1.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.82%	27.09%	-0.27%

XNTK vs. GDE - Expense Ratio Comparison

XNTK has a 0.35% expense ratio, which is higher than GDE's 0.20% expense ratio.

Dividends

XNTK vs. GDE - Dividend Comparison

XNTK's dividend yield for the trailing twelve months is around 0.17%, less than GDE's 4.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	4.19%	4.32%	7.14%	2.22%	0.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XNTK SPDR NYSE Technology ETF	0.17%	0.23%	0.42%	0.34%	0.85%	0.34%	0.30%	0.61%	29.64%	1.29%	0.81%	0.93%

Frequently Asked Questions

Can I hold both XNTK and GDE in my portfolio?

XNTK and GDE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XNTK or GDE?

XNTK has higher volatility (12.53%) compared to GDE (10.77%). In terms of maximum drawdown, XNTK dropped -72.38% vs GDE's -32.01%.

Which ETF is better, XNTK or GDE?

On 3-year performance, GDE leads with 42.64% vs 39.05% for XNTK. On fees, GDE is cheaper at 0.20% per year. On volatility, GDE has been the lower-risk option at 10.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XNTK or GDE?

Over the 3-year period, GDE has performed better with a 42.64% return vs 39.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XNTK or GDE?

GDE is cheaper with a 0.20% expense ratio, compared with 0.35% for XNTK.

Which ETF pays a higher dividend yield, XNTK or GDE?

GDE has the higher dividend yield at 4.19%, compared with 0.17% for XNTK.

What is the main difference between XNTK and GDE?

XNTK is categorized as Technology Equities, while GDE is Gold. They also come from different issuers: State Street and WisdomTree. Their fees differ too: 0.35% for XNTK and 0.20% for GDE.

Which has better risk-adjusted returns?

XNTK currently has the higher Sharpe Ratio (2.50 vs 1.39), 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.