GDE vs NTSX: Grades, Fees and Holdings Compared

WisdomTree Efficient Gold Plus Equity Strategy Fund

GDEBCboe

WisdomTree U.S. Efficient Core Fund

NTSXANYSE Arca

Overlap

84.3%by weight

Expense ratio

GDE −0.02pt a year

GDE0.20%NTSX0.22%

Avg volume · 30D

GDE 2.9×the volume

GDE125KNTSX42.9K

3Y return · a year

GDE +20.0pt

GDE+40.1%NTSX+20.1%

GDE vs NTSX Performance

Oct 31, 2025 – Nov 2, 2026

+3.1%GDE+7.5%NTSX

Expense ratio: GDE 0.20%, better; NTSX 0.22%
Fund size: GDE $375M; NTSX $1.34B
1Y total return: GDE +3.1%; NTSX +7.5%, better
Yield (12M): GDE 16.98%, better; NTSX 1.07%
Holdings: GDE 498; NTSX 504
Avg volume (30D): GDE 125K sh, better; NTSX 42.9K sh
NAV per share: GDE $51.01; NTSX $58.77
52W range

ETF.net Grade

Pillar letters and Scores for GDE, NTSX, with each pillar’s weight
Pillar	GDE	NTSX
Cost30% weight	A94Higher	A89
Mission25% weight	A98	A98
Risk15% weight	D25	B64Higher
Tradability15% weight	B61	A72Higher
Holdings10% weight	B68	A72Higher
Durability5% weight	A78	A93Higher

Rank among Capital-Efficient Allocation funds

How we build Categories ›

Same Category. GDE and NTSX are both graded against the same 19 Capital-Efficient Allocation funds, so their Grades compare head to head.

Capital-Efficient Allocation⁠

Category · 19 funds

See all 19 ›

NTSX ranks 1st and GDE 3rd of 19 funds in the Capital-Efficient Allocation Category.

Rank 1ANTSXWisdomTree U.S. Efficient Core FundScore 78
Rank 2ACTAPSimplify US Equity PLUS Managed Futures Strategy ETFScore 71
Rank 3BGDEWisdomTree Efficient Gold Plus Equity Strategy FundScore 69
Rank 4BNTSIWisdomTree International Efficient Core FundScore 68

Our read on each fund

ETF.net Research

GDEBWisdomTree Efficient Gold Plus Equity Strategy Fund

NTSXAWisdomTree U.S. Efficient Core Fund

In short

GDE Gold and US large caps, stacked on the same dollar. GDE holds roughly 500 US large-cap stocks and layers gold futures on top, so the metal rides along instead of crowding equities out of the portfolio.

NTSX Stocks and Treasuries stacked on the same dollar. NTSX owns roughly 500 large U.S. companies, then layers Treasury futures on top, so one line item does the work of a balanced portfolio. Running since 2018.

Stated mandate

GDE The fund seeks total return by investing directly or through a wholly owned subsidiary in U.S.-listed gold futures contracts and U.S. large-cap equity securities.

NTSX The Fund seeks total return through investments in large-capitalization U.S. equity securities and U.S. Treasury futures contracts.

Why people hold it

GDE The capital-efficiency trick: gold futures sit on top of a US large-cap stock sleeve, so making room for the metal doesn't mean selling down equities.
0.20% a year, a fraction of the typical multi-asset allocation fund's fee, and priced level with WisdomTree's Treasury-stacking sibling NTSX.
Trades easily for a strategy this unusual, and it has been running live since 2022 rather than arriving as a fresh backtest.
Rare shape in the allocation aisle: most peers blend stocks and bonds, this one blends stocks and gold, and it grades near the top of that group.

NTSX Costs 0.20% a year, while the typical fund in its allocation peer group charges closer to four times that.
The equity sleeve is a plain large-cap U.S. portfolio of roughly 500 names. The Treasury futures ride alongside as collateralized exposure, not as a stock-picking bet.wisdomtree.com
Delivers its stated mandate with very little drift, and rates among the strongest builds in a crowded field of allocation funds.
Sibling GDE runs the same capital-efficient playbook at the same 0.20% fee, swapping the Treasury leg for gold, if you want the mechanism pointed elsewhere.

Worth knowing

GDE Stacking works both ways. Two exposures riding one dollar means declines can bite harder than a plain US large-cap fund, and it scores as the riskier end of its cohort.
Gold comes through futures held in a wholly owned subsidiary, which brings roll and collateral mechanics you don't get with a plain bullion holding.
Distributions arrive annually or semiannually, so this is a total-return build rather than an income stream.

NTSX Futures mean total market exposure runs above the fund's actual assets. When stocks and Treasuries fall together, the drop lands harder than in an unlevered balanced fund.
Trades thinly for a multi-billion-dollar fund. Limit orders and quieter parts of the session matter more here than with the mega-cap index crowd.
Income is a side effect of the structure, not the goal. Distributions come quarterly.

Full GDE profile⁠

Full NTSX profile⁠

GDE vs NTSX Holdings

How GDE and NTSX differ

Overlap by weight

84.3%

Shared holdings make up 100% of GDE and 97.3% of NTSX.

Level by level

Holdings465 in both84.3%
Sector11 Sectors97.6%
Asset classAlternatives100%
Countryby domicile100%

Sector

Sector weights in GDE and NTSX, widest gap first
Sector	More in GDEMore in NTSX	GDE	NTSX
Technology	GDE +1.2 points	40.0%	38.8%
Communication	GDE +1.1 points	11.0%	9.9%
Financials	NTSX +0.6 points	11.7%	12.3%
Energy	NTSX +0.5 points	3.4%	3.9%
Consumer Staples	NTSX +0.5 points	4.8%	5.3%
Health Care	NTSX +0.5 points	9.0%	9.5%
Consumer Discretionary	NTSX +0.2 points	8.8%	9.0%
Materials	NTSX +0.1 points	1.3%	1.4%
Utilities	NTSX +0.1 points	1.7%	1.8%
Industrials	GDE +0.1 points	6.9%	6.8%
Real Estate	NTSX +0.1 points	1.3%	1.4%

Country, concentration and asset class

Country by domicile

Country weights in GDE and NTSX, widest gap first
Country	More in GDEMore in NTSX	GDE	NTSX
United States	Same weight	98.9%	98.9%
Ireland	Same weight	0.4%	0.4%
United Kingdom	Same weight	0.2%	0.2%
Switzerland	Same weight	0.2%	0.2%
Australia	Same weight	0.1%	0.1%
Uruguay	Same weight	0.1%	0.1%
Singapore	Same weight	0.1%	0.1%
Netherlands	GDE +0.1 points	0.1%	0.0%
Other countries (2)	GDE +0.1 points	0.1%	0.0%

Concentration

Weight in the 10 largest Holdings

GDE44.7%
NTSX43.3%

Securities held

GDE496
NTSX502

Asset class

GDE: Alternatives
NTSX: Alternatives

Holdings

Only in GDE31
In both465
Only in NTSX37

Only in GDE

31 securities, 3.6% of GDE by weight

Berkshire Hathaway Inc1.82%
Health Care REIT Inc0.24%
Marsh & Mclennan Cos0.20%
Hansen Natural Corp0.19%
Bank of New York Mellon Corp0.18%
Motorola Inc0.14%
Block Inc - A0.10%
Dr Pepper Snapple Group Inc0.10%
Quintiles IMS Holdings Inc0.09%
Kraft Foods Inc0.08%
Taser International Inc0.06%
priceline.com Inc0.06%
American IntL Group Inc0.05%
Equity Residential0.05%
Intl Flavors & Fragrances0.05%
SAIC Inc0.04%
Kraft Foods Group0.04%
GE Healthcare Technologies W/I0.03%
Fiserv Inc0.03%
Pure Storage Inc - Class A0.03%
Tempur Sealy International I0.02%
LyondellBasell Industries NV0.02%
Paramount Skydance Corp0.01%
Willis Towers Watson Plc0.01%
lululemon athletica Inc<0.01%
Paddy Power Betfair PLC<0.01%
Babcock & Wilcox Co/The<0.01%
Crh PLC<0.01%
CB Richard Ellis Group Inc<0.01%
Chesapeake Energy Corp<0.01%
API Group Corp0.00%

Only in NTSX

37 securities, 3.4% of NTSX by weight

Berkshire Hathaway Inc1.58%
Booking Holdings Inc0.17%
Welltower OP Inc0.17%
Bank of New York Mellon Corp0.14%
Monster Beverage Corp0.13%
Marsh & Mclennan Cos0.13%
Mondelez International Inc.0.13%
Motorola Solutions Inc0.11%
American Intl Group Inc0.08%
Equity Residential0.07%
Block Inc - A0.07%
Iqvia Holdings Inc0.06%
Keurig Dr Pepper Inc0.06%
CBRE Group Inc - A0.05%
GE Healthcare Technologies W/I0.05%
MercadoLibre Inc0.04%
Axon Enterprise Inc.0.04%
Fiserv Inc0.04%
DTE Energy Co0.03%
EQT Corp0.03%
Crh PLC0.03%
Leidos Holdings Inc.0.02%
Pure Storage Inc - Class A0.02%
Willis Towers Watson Plc0.02%
Intl Flavors & Fragrances0.02%
Curtiss-Wright Corp0.01%
Tempur Sealy International I0.01%
Rivian Automotive Inc-A0.01%
Carpenter Technology Corp0.01%
Chesapeake Energy Corp0.01%
BWX Technologies Inc0.01%
Kraft Heinz Co/The0.01%
Paramount Skydance Corp0.01%
Fabrinet<0.01%
MasTec Inc<0.01%
TKO Group Holdings Inc<0.01%
Flutter Entertainment Plc-Di<0.01%

Weight gaps

The 100 widest of 465 Holdings in both funds.

Holding weights in GDE and NTSX, widest gap first
Holding	More in GDEMore in NTSX	GDE	NTSX
Apple IncAAPL	GDE +1.74 points	8.83%	7.09%
Nvidia CorpNVDA	GDE +1.40 points	8.32%	6.92%
Microsoft CorpMSFT	GDE +1.31 points	6.57%	5.26%
Amazon.com IncAMZN	GDE +1.11 points	4.47%	3.36%
Google IncGOOGL	GDE +1.10 points	5.69%	4.59%
JPMorgan Chase & CoJPM	GDE +0.55 points	1.79%	1.24%
Eli Lilly & CoLLY	GDE +0.49 points	2.38%	1.89%
Visa IncV	GDE +0.49 points	1.61%	1.12%
Exxonmobil Holdings CorpXOM	GDE +0.48 points	1.59%	1.11%
Meta PlatformsInc. Cl AMETA	GDE +0.40 points	2.47%	2.07%
Micron Technology IncMU	GDE +0.37 points	1.67%	1.30%
Johnson & JohnsonJNJ	GDE +0.37 points	1.21%	0.84%
Mastercard IncMA	GDE +0.36 points	1.17%	0.81%
Tesla IncTSLA	GDE +0.35 points	1.95%	1.60%
Advanced Micro DevicesAMD	GDE +0.34 points	1.48%	1.14%
Walmart IncWMT	GDE +0.31 points	1.61%	1.30%
Chevron CorpCVX	GDE +0.31 points	0.98%	0.67%
AbbVie IncABBV	GDE +0.30 points	0.97%	0.67%
Broadcom IncAVGO	GDE +0.26 points	2.21%	1.95%
Coca-Cola Co/TheKO	GDE +0.24 points	0.78%	0.54%
Philip Morris International IncPM	GDE +0.20 points	0.65%	0.45%
Cisco Systems IncCSCO	GDE +0.20 points	0.76%	0.56%
UnitedHealth Group IncUNH	GDE +0.20 points	0.67%	0.47%
Morgan StanleyMS	GDE +0.18 points	0.56%	0.38%
Thermo Fisher Scientific IncTMO	GDE +0.16 points	0.52%	0.36%
Dell Technologies -CDELL	GDE +0.16 points	0.59%	0.43%
Merck & Co Inc/NJMRK	GDE +0.15 points	0.64%	0.49%
Texas Instruments IncTXN	GDE +0.15 points	0.48%	0.33%
Amgen IncAMGN	GDE +0.14 points	0.47%	0.33%
Palantir Technologies Inc-APLTR	GDE +0.14 points	0.71%	0.57%
Home Depot IncHD	GDE +0.14 points	0.56%	0.42%
Palo Alto Networks IncPANW	GDE +0.14 points	0.45%	0.31%
PepsiCo Inc/NCPEP	NTSX +0.13 points	0.12%	0.25%
Crowdstrike Holdings Inc - ACRWD	GDE +0.13 points	0.47%	0.34%
Arista Networks IncANET	GDE +0.13 points	0.42%	0.29%
Intel CorpINTC	GDE +0.13 points	0.54%	0.41%
Oracle CorpORCL	GDE +0.13 points	0.57%	0.44%
Walt Disney Co/TheDIS	GDE +0.13 points	0.40%	0.27%
Danaher CorpDHR	GDE +0.12 points	0.32%	0.20%
Goldman Sachs Group IncGS	GDE +0.12 points	0.49%	0.36%
RTX CorpRTX	GDE +0.12 points	0.49%	0.37%
Cigna CorpCI	NTSX +0.12 points	<0.01%	0.12%
Verizon Communications IncVZ	GDE +0.11 points	0.36%	0.25%
Union Pacific CorpUNP	GDE +0.12 points	0.35%	0.23%
Charles Schwab Corp/TheSCHW	NTSX +0.11 points	0.08%	0.19%
ConocoPhillipsCOP	GDE +0.11 points	0.37%	0.26%
Pfizer IncPFE	GDE +0.11 points	0.32%	0.21%
Sherwin-Williams Co/TheSHW	NTSX +0.11 points	0.01%	0.12%
Deere & CoDE	GDE +0.11 points	0.36%	0.25%
Marvell Technology IncMRVL	GDE +0.10 points	0.34%	0.24%
Boeing Co/TheBA	NTSX +0.11 points	0.03%	0.14%
Gilead Sciences IncGILD	GDE +0.10 points	0.39%	0.29%
Salesforce IncCRM	GDE +0.10 points	0.37%	0.27%
Citigroup IncC	GDE +0.10 points	0.39%	0.29%
Lockheed Martin CorpLMT	GDE +0.10 points	0.30%	0.20%
Stryker CorpSYK	NTSX +0.10 points	0.05%	0.15%
Caterpillar IncCAT	GDE +0.09 points	0.49%	0.40%
Marathon Petroleum CorpMPC	GDE +0.09 points	0.31%	0.22%
BlackRock IncBLK	GDE +0.09 points	0.30%	0.21%
Starbucks CorpSBUX	GDE +0.08 points	0.24%	0.16%
KKR & Co Inc -AKKR	NTSX +0.09 points	0.02%	0.11%
Applied Materials IncAMAT	GDE +0.08 points	0.51%	0.43%
Vertex Pharmaceuticals IncVRTX	GDE +0.08 points	0.26%	0.18%
Intuitive Surgical IncISRG	NTSX +0.07 points	0.13%	0.20%
Lam Research CorpLRCX	GDE +0.07 points	0.48%	0.41%
Marriott International Inc/DEMAR	GDE +0.07 points	0.23%	0.16%
Nextera EnergyNEE	GDE +0.08 points	0.30%	0.22%
Automatic Data Processing IncADP	GDE +0.07 points	0.24%	0.17%
Bank of America CorpBAC	GDE +0.07 points	0.57%	0.50%
Target CorpTGT	GDE +0.07 points	0.14%	0.07%
Valero Energy CorpVLO	GDE +0.07 points	0.25%	0.18%
Southern Co/TheSO	GDE +0.07 points	0.20%	0.13%
Snowflake Inc-Class ASNOW	GDE +0.07 points	0.22%	0.15%
Phillips 66PSX	GDE +0.07 points	0.24%	0.17%
Sandisk Corp-W/ISNDK	GDE +0.07 points	0.22%	0.15%
Altria Group IncMO	GDE +0.07 points	0.26%	0.19%
American Tower CorpAMT	GDE +0.07 points	0.17%	0.10%
CSX CorpCSX	GDE +0.07 points	0.20%	0.13%
Travelers Cos Inc/TheTRV	GDE +0.07 points	0.19%	0.12%
US BancorpUSB	GDE +0.06 points	0.17%	0.11%
General Dynamics CorpGD	GDE +0.06 points	0.19%	0.13%
Equinix IncEQIX	GDE +0.07 points	0.19%	0.12%
Airbnb Inc-Class AABNB	GDE +0.06 points	0.18%	0.12%
CVS Health CorpCVS	GDE +0.07 points	0.22%	0.15%
ServiceNow IncNOW	GDE +0.07 points	0.21%	0.14%
Constellation EnergyCEG	NTSX +0.06 points	0.06%	0.12%
Procter & Gamble Co/ThePG	GDE +0.06 points	0.59%	0.53%
United Parcel Service IncUPS	GDE +0.06 points	0.17%	0.11%
General Electric CoGE	GDE +0.06 points	0.51%	0.45%
Linde PlcLIN	GDE +0.06 points	0.20%	0.14%
Fortinet IncFTNT	GDE +0.06 points	0.20%	0.14%
Hilton Worldwide Holdings IncHLT	GDE +0.06 points	0.19%	0.13%
Newmont Mining CorpNEM	GDE +0.07 points	0.22%	0.15%
Quanta Services IncPWR	GDE +0.06 points	0.18%	0.12%
Kinder Morgan Inc/DEKMI	NTSX +0.06 points	0.04%	0.10%
KLA CorpKLAC	GDE +0.06 points	0.34%	0.28%
PNC Financial Services Group IncPNC	GDE +0.06 points	0.17%	0.11%
Western Digital CorpWDC	GDE +0.06 points	0.21%	0.15%
EOG Resources IncEOG	GDE +0.05 points	0.18%	0.13%
Autodesk IncADSK	NTSX +0.05 points	0.02%	0.07%

All 502 GDE holdings⁠All 509 NTSX holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GDE vs NTSX Cost

Overpaying NTSX vs GDE

$403

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

GDE 0.20%
$4,155
NTSX 0.22%
$4,558

Amount$10,000

Years30 years

Cost over time

GDE 0.20%
NTSX 0.22%
Overpaying

Year by year

Year	GDE	NTSX	Overpaying
10	$365	$401	$36
20	$1,421	$1,561	$140
30	$4,155	$4,558	$403

Expense ratio

0.20%GDE, cheaper
0.22%NTSX

GDE0.20%NTSX0.22%

0.13%1.86%

Middle half of Capital-Efficient Allocation funds
Median 0.67%

GDE 2nd cheapest of 19 funds

NTSX 3rd cheapest of 19 funds

GDE vs NTSX Dividends

Last 12 months to Nov 2, 2026

Yield (12M): GDE 16.98%, better; NTSX 1.07%
Payout (12M): GDE $8.73; NTSX $0.63
Last payment: GDE $8.58; NTSX $0.16
Ex-dividend: GDE Oct 27, 2026; NTSX Sep 25, 2026
Paid on: GDE Oct 29, 2026; NTSX Sep 29, 2026
Frequency: GDE Annual; NTSX Quarterly

Distribution history

Per share, 2018 to 2026, same scale for both

GDEAnnual · 9 paymentsAll GDE payments⁠

NTSXQuarterly · 34 paymentsAll NTSX payments⁠

GDE vs NTSX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: GDE 20.7%NTSX 12.7%, better
Return per unit of riskSharpe ratio, 3 years: GDE 1.58, betterNTSX 1.28
Worst fallMax drawdown, 5 years: GDE −32.0%since Mar 2022NTSX −31.3%
Market sensitivityBeta, 5 years: GDE 1.00NTSX 1.04; Market = 1

GDE and NTSX in the news

All news⁠

Top Movers
The biggest fund drop Tuesday was a WisdomTree payout, not a selloff
Oct 27, 2026GDE

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GDE vs NTSX

In short

Stated mandate

Why people hold it

Worth knowing

How GDE and NTSX differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in GDE

Only in NTSX

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

The biggest fund drop Tuesday was a WisdomTree payout, not a selloff

How GDE and NTSX differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in GDE

Only in NTSX

Weight gaps