Wisdomtree Efficient Gold Etf Profile
| GDE Etf | USD 38.45 0.53 1.40% |
Performance14 of 100
| Odds Of DistressLess than 9
|
WisdomTree Efficient is trading at 38.45 as of the 30th of November 2024, a 1.40 percent increase since the beginning of the trading day. The etf's lowest day price was 38.24. WisdomTree Efficient has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for WisdomTree Efficient Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund seeks to invest, either directly or through a wholly-owned subsidiary, in a portfolio comprised of U.S. Wisdomtree Efficient is traded on BATS Exchange in the United States. More on WisdomTree Efficient Gold
Moving together with WisdomTree Etf
WisdomTree Etf Highlights
| Thematic Idea | Asset Allocation ETFs (View all Themes) |
| Business Concentration | Asset Allocation ETFs, Large Blend, WisdomTree (View all Sectors) |
| Issuer | WisdomTree |
| Inception Date | 2022-03-17 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 51.13 Million |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Asset Allocation |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | State Street Bank and Trust Company |
| Advisor | WisdomTree Asset Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Marlene Walker-Smith, David France, Todd Frysinger, Vlasta Sheremeta, Michael Stoll |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Aug |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 498 |
| Market Maker | Susquehanna |
| Total Expense | 0.2 |
| Management Fee | 0.2 |
| Country Name | USA |
| Returns Y T D | 49.58 |
| Name | WisdomTree Efficient Gold Plus Equity Strategy Fund |
| Currency Code | USD |
| Open Figi | BBG0160F4S41 |
| 1y Volatility | 11.32 |
| 200 Day M A | 34.5945 |
| 50 Day M A | 38.6825 |
| Code | GDE |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
WisdomTree Efficient Gold [GDE] is traded in USA and was established 2022-03-15. The fund is classified under Large Blend category within WisdomTree family. The entity is thematically classified as Asset Allocation ETFs. WisdomTree Efficient Gold currently have 2.79 M in assets under management (AUM). , while the total return for the last year was 56.5%.
Check WisdomTree Efficient Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on WisdomTree Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding WisdomTree Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as WisdomTree Efficient Gold Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top WisdomTree Efficient Gold Etf Constituents
| LH | Laboratory of | Stock | Health Care | |
| SBAC | SBA Communications Corp | Stock | Real Estate | |
| PEP | PepsiCo | Stock | Consumer Staples | |
| CHD | Church Dwight | Stock | Consumer Staples | |
| GEV | GE Vernova LLC | Stock | Utilities | |
| HRL | Hormel Foods | Stock | Consumer Staples | |
| MCO | Moodys | Stock | Financials | |
| TGT | Target | Stock | Consumer Staples |
WisdomTree Efficient Gold Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in WisdomTree Efficient. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1191 | |||
| Jensen Alpha | 0.1011 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0297 |
WisdomTree Efficient Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WisdomTree Efficient Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of WisdomTree Efficient Gold is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree Efficient's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Efficient's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WisdomTree Efficient's market value can be influenced by many factors that don't directly affect WisdomTree Efficient's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WisdomTree Efficient's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Efficient is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Efficient's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.