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GDE vs RSBA

WisdomTree Efficient Gold Plus Equity Strategy Fund

GDEBCboe

Return Stacked Bonds & Merger Arbitrage ETF

RSBADCboe

Overlap

0.0%by weight

Expense ratio

GDE −0.81pt a year

GDE0.20%RSBA1.01%

Avg volume · 30D

GDE 9.3×the volume

GDE125KRSBA13.4K

GDE vs RSBA Performance

Oct 31, 2025 – Nov 2, 2026

+3.1%GDE−1.3%RSBA

Oct 31, 2025 to Nov 2, 2026. GDE +3.1%. RSBA −1.3%. Use the arrow keys to read each point.10%20%30%Oct 2025May 2026Nov 2026
Expense ratio
GDE 0.20%, better
RSBA 1.01%
Fund size
GDE $375M
RSBA $53M
1Y total return
GDE +3.1%, better
RSBA −1.3%
Yield (12M)
GDE 16.98%, better
RSBA 3.43%
Holdings
GDE 498
RSBA 11
Avg volume (30D)
GDE 125K sh, better
RSBA 13.4K sh
NAV per share
GDE $51.01
RSBA $20.47
52W range

ETF.net Grade

GDE: Cost 94, Risk 25, Mission 98, Tradability 61, Holdings 68, Durability 78. RSBA: Cost 17, Risk 60, Mission not scored, Tradability 46, Holdings not scored, Durability 30.
Pillar letters and Scores for GDE, RSBA, with each pillar’s weight
PillarGDERSBA
Cost30% weightA94HigherF17
Mission25% weightA98Not scored
Risk15% weightD25B60Higher
Tradability15% weightB61HigherC46
Holdings10% weightB68Not scored
Durability5% weightA78HigherD30

Rank among Capital-Efficient Allocation funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GDE and RSBA 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 ›

GDE ranks 3rd and RSBA 18th of 19 funds in the Capital-Efficient Allocation Category.

  1. Rank 1ANTSXWisdomTree U.S. Efficient Core FundScore 78
  2. Rank 2ACTAPSimplify US Equity PLUS Managed Futures Strategy ETFScore 71
  3. Rank 3BGDEWisdomTree Efficient Gold Plus Equity Strategy FundScore 69
  4. Rank 4BNTSIWisdomTree International Efficient Core FundScore 68
  5. Rank 16DRSSXReturn Stacked U.S. Stocks & Gold/Bitcoin ETFScore 35
  6. Rank 18DRSBAReturn Stacked Bonds & Merger Arbitrage ETFScore 34
  7. Rank 19DBTABeacon Tactical Alternatives Risk ETFScore 29

Our read on each fund

ETF.net Research

GDEBWisdomTree Efficient Gold Plus Equity Strategy Fund

RSBADReturn Stacked Bonds & Merger Arbitrage ETF

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.

RSBA No data

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.

RSBA No data

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.

RSBA No data

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.

RSBA No data

Full GDE profile⁠

Full RSBA profile⁠

GDE vs RSBA Holdings

How GDE and RSBA differ

Overlap by weight

0.0%

Shared holdings make up 5.7% of RSBA and 0.0% of GDE.

Level by level

  • Asset classAlternatives, Equity0.0%
  • Holdings1 in both0.0%
  • Sector11 Sectors57.8%
  • Countryby domicile92.2%

Sector

Sector weights in GDE and RSBA, widest gap first
SectorMore in GDEMore in RSBA
TechnologyGDE +24.2 points
CommunicationRSBA +15.9 points
IndustrialsRSBA +10.2 points
Consumer DiscretionaryRSBA +8.2 points
Health CareRSBA +7.9 points
FinancialsGDE +5.4 points
Consumer StaplesGDE +4.8 points
EnergyGDE +3.4 points
UtilitiesGDE +1.7 points
Real EstateGDE +1.3 points
MaterialsGDE +1.3 points

Country, concentration and asset class

Country by domicile

Country weights in GDE and RSBA, widest gap first
CountryMore in GDEMore in RSBA
SpainRSBA +7.8 points
United StatesGDE +6.7 points
Other countries (9)GDE +1.1 points

Concentration

Weight in the 10 largest Holdings

  • GDE44.7%
  • RSBA98.2%

Securities held

  • GDE496
  • RSBA10

Asset class

GDE
Alternatives
RSBA
Equity

Holdings

  • Only in GDE495
  • In both1
  • Only in RSBA9

Only in GDE

495 securities, 100% of GDE by weight

  • Apple Inc8.83%
  • Nvidia Corp8.32%
  • Microsoft Corp6.57%

Only in RSBA

9 securities, 91.2% of RSBA by weight

  • First American Government Obligations Fund 12/01/203122.80%
  • US LONG BOND(CBT) Dec2612.67%
  • US 10YR NOTE (CBT)Dec2612.45%

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in GDE and RSBA, widest gap first
HoldingMore in GDEMore in RSBA
PTC IncPTCRSBA +5.63 points

All 502 GDE holdings⁠All RSBA 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 RSBA Cost

Overpaying RSBA vs GDE

$14,695

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

  • GDE 0.20%

    $4,155

  • RSBA 1.01%

    $18,850

$10,000
30 years

Cost over time

  • GDE 0.20%
  • RSBA 1.01%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530RSBA $18,850GDE $4,155

Year by year

YearGDERSBAOverpaying
10$365$1,780$1,415
20$1,421$6,686$5,265
30$4,155$18,850$14,695

Expense ratio

  • 0.20%GDE, cheaper
  • 1.01%RSBA
  • Middle half of Capital-Efficient Allocation funds
  • Median 0.67%

GDE 2nd cheapest of 19 funds

RSBA 15th cheapest of 19 funds

GDE vs RSBA Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
GDE 16.98%, better
RSBA 3.43%
Payout (12M)
GDE $8.73
RSBA $0.70
Last payment
GDE $8.58
RSBA $0.70
Ex-dividend
GDE Oct 27, 2026
RSBA Dec 29, 2025
Paid on
GDE Oct 29, 2026
RSBA Dec 30, 2025
Frequency
GDE Annual
RSBA Annual

Distribution history

Per share, 2022 to 2026, same scale for both

GDEAnnual · 9 paymentsAll GDE payments⁠
One bar per payment. 9 payments from 2022 to 2026 YTD. Oct 25, 2022 $0.09; Dec 23, 2022 $0.08; Oct 25, 2023 $0.52; Dec 22, 2023 $0.09; Oct 28, 2024 $2.53; Dec 26, 2024 $0.12; Oct 28, 2025 $2.52; Dec 26, 2025 $0.14; Oct 27, 2026 $8.58. Use the arrow keys to read each point.$0$1020232026YTD
RSBAAnnual · 2 paymentsAll RSBA payments⁠
One bar per payment. 2 payments from 2022 to 2026 YTD. Dec 31, 2024 $0.003; Dec 29, 2025 $0.70. Use the arrow keys to read each point.$0$1020232026YTD

GDE vs RSBA 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%RSBA 4.9%since Jan 2025
Return per unit of riskSharpe ratio, 3 years
GDE 1.58RSBA −0.18since Jan 2025
Worst fallMax drawdown, 5 years
GDE −32.0%since Mar 2022RSBA −6.2%since Dec 2024
Market sensitivityBeta, 5 years
GDE 1.00RSBA 0.04

GDE and RSBA in the news

All news⁠

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