AVAV vs. GDMN
AVAV (AeroVironment, Inc.) is a stock, while GDMN (WisdomTree Efficient Gold Plus Gold Miners Strategy Fund) is Commodities fund actively managed by WisdomTree. Over the past 3 years, AVAV returned 21.79%/yr vs 56.96%/yr for GDMN. At a 0.16 correlation, their price movements are largely independent.
Performance
AVAV vs. GDMN - Performance Comparison
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Returns By Period
In the year-to-date period, AVAV achieves a -29.88% return, which is significantly lower than GDMN's -11.31% return.
AVAV
- 1D
- 1.50%
- 1M
- 4.00%
- YTD
- -29.88%
- 6M
- -30.20%
- 1Y
- -10.57%
- 3Y*
- 21.79%
- 5Y*
- 9.08%
- 10Y*
- 18.57%
GDMN
- 1D
- -2.56%
- 1M
- -10.55%
- YTD
- -11.31%
- 6M
- -13.58%
- 1Y
- 65.62%
- 3Y*
- 56.96%
- 5Y*
- —
- 10Y*
- —
AVAV vs. GDMN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AVAV AeroVironment, Inc. | -29.88% | 57.18% | 22.10% | 47.14% | 38.09% | -2.27% |
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | -11.31% | 237.09% | 28.23% | 12.97% | -14.62% | 6.93% |
Correlation
The correlation between AVAV and GDMN is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2021 | 0.16 |
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Return for Risk
AVAV vs. GDMN — Risk / Return Rank
AVAV
GDMN
AVAV vs. GDMN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AeroVironment, Inc. (AVAV) and WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN). 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.
| AVAV | GDMN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.15 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.21 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | 1.31 | -1.48 |
| Martin ratioReturn relative to average drawdown | -0.31 | 3.42 | -3.73 |
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Drawdowns
AVAV vs. GDMN - Drawdown Comparison
The maximum AVAV drawdown since its inception was -61.45%, which is greater than GDMN's maximum drawdown of -52.82%. Use the drawdown chart below to compare losses from any high point for AVAV and GDMN.
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Drawdown Indicators
| AVAV | GDMN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.45% | -52.82% | -8.63% |
Max Drawdown (1Y)Largest decline over 1 year | -61.45% | -48.76% | -12.69% |
Max Drawdown (3Y)Largest decline over 3 years | -61.45% | -48.76% | -12.69% |
Max Drawdown (5Y)Largest decline over 5 years | -61.45% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -61.45% | — | — |
Current DrawdownCurrent decline from peak | -58.61% | -41.78% | -16.83% |
Average DrawdownAverage peak-to-trough decline | -28.74% | -19.09% | -9.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.23% | 18.58% | +16.65% |
Volatility
AVAV vs. GDMN - Volatility Comparison
AeroVironment, Inc. (AVAV) has a higher volatility of 26.46% compared to WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) at 22.11%. This indicates that AVAV's price experiences larger fluctuations and is considered to be riskier than GDMN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVAV | GDMN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.46% | 22.11% | +4.35% |
Volatility (6M)Calculated over the trailing 6-month period | 57.81% | 54.94% | +2.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.25% | 63.83% | +10.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.04% | 48.18% | +7.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.06% | 48.18% | +3.88% |
Dividends
AVAV vs. GDMN - Dividend Comparison
AVAV has not paid dividends to shareholders, while GDMN's dividend yield for the trailing twelve months is around 3.05%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
AVAV AeroVironment, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | 3.05% | 2.70% | 9.44% | 7.69% | 1.44% |
Frequently Asked Questions
AVAV and GDMN have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVAV has higher volatility (26.46%) compared to GDMN (22.11%). In terms of maximum drawdown, AVAV dropped -61.45% vs GDMN's -52.82%.
GDMN currently has the higher Sharpe Ratio (1.00 vs -0.15), 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.
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