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ETFs

WisdomTree Efficient Gold Plus Equity Strategy Fund

GDE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 17 2022
Expense Ratio
0.20%
Type
US Diversified
Fund Owner
Wisdom Tree
Volume (1m avg. daily)
$128,965
AUM
$12,088,553
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

NTSX
WisdomTree Trust - WisdomTree U.S. Efficient Core Fund
8.45%
AAPL
Apple Inc
6.65%
MSFT
Microsoft Corporation
5.87%
AMZN
Amazon.com Inc.
2.99%
NVDA
NVIDIA Corp
2.41%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
1.99%
n/a
US Dollar
1.88%
GOOG
Alphabet Inc - Ordinary Shares - Class C
1.74%
TSLA
Tesla Inc
1.69%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
1.63%
Invest with GDE

What is GDE?

The WisdomTree Efficient Gold Plus Equity Strategy Fund seeks total return by investing, either directly or through a wholly-owned subsidiary, in a portfolio comprised of U.S.-listed gold futures contracts and U.S. large-cap equity securities.

ETFs related toGDE

ETFs correlated to GDE include XAUG, GAUG, AOA

GDE
WisdomTree Trust - WisdomTree Efficient Gold Plus Equity Strategy Fund
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
AOR
BlackRock Institutional Trust Company N.A. - iShares Core Growth Allocation ETF
NTSX
WisdomTree Trust - WisdomTree U.S. Efficient Core Fund
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
AOM
BlackRock Institutional Trust Company N.A. - iShares Core Moderate Allocation ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toGDE

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#LSPC

Lever up S&P with a Commodity Hedge

Category

Composer's Picks, Leverage: High Risk, High Reward

Risk Rating

Moderate

Create your own algorithmic trading strategy with GDE using Composer

FAQ

GDE is a US Diversified ETF. The WisdomTree Efficient Gold Plus Equity Strategy Fund seeks total return by investing, either directly or through a wholly-owned subsidiary, in a portfolio comprised of U.S.-listed gold futures contracts and U.S. large-cap equity securities.

Yes, GDE is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, GDE is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GDE is -0.0226%. This is the percent change in the value of GDE over the most recent 1-month period. The 3-month return on GDE is -0.0197%. This is the percent change in the value of GDE over the most recent 3-month period.

The standard deviation of GDE for the past year is 0.2305%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GDE include DRSK, HNDL, and FPEI.

ETFs correlated to GDE include XAUG, GAUG, and AOA.

ETFs that are inversely correlated to GDE include SPXS, SH, and SDS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.