DON vs. GLDM
Compare and contrast key facts about WisdomTree US MidCap Dividend ETF (DON) and SPDR Gold MiniShares Trust (GLDM).
DON and GLDM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DON is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree MidCap Dividend Index. It was launched on Jun 16, 2006. GLDM is a passively managed fund by State Street that tracks the performance of the LBMA Gold PM Price. It was launched on Jun 25, 2018. Both DON and GLDM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DON or GLDM.
Key characteristics
| DON | GLDM | |
|---|---|---|
| YTD Return | 19.34% | 24.66% |
| 1Y Return | 31.37% | 30.90% |
| 3Y Return (Ann) | 8.76% | 11.24% |
| 5Y Return (Ann) | 10.30% | 11.79% |
| Sharpe Ratio | 2.40 | 2.19 |
| Sortino Ratio | 3.39 | 2.91 |
| Omega Ratio | 1.43 | 1.38 |
| Calmar Ratio | 5.16 | 4.19 |
| Martin Ratio | 14.74 | 13.90 |
| Ulcer Index | 2.47% | 2.31% |
| Daily Std Dev | 15.14% | 14.66% |
| Max Drawdown | -61.94% | -21.63% |
| Current Drawdown | -1.24% | -7.66% |
Correlation
The correlation between DON and GLDM is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DON vs. GLDM - Performance Comparison
In the year-to-date period, DON achieves a 19.34% return, which is significantly lower than GLDM's 24.66% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DON vs. GLDM - Expense Ratio Comparison
DON has a 0.38% expense ratio, which is higher than GLDM's 0.18% expense ratio.
Risk-Adjusted Performance
DON vs. GLDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree US MidCap Dividend ETF (DON) and SPDR Gold MiniShares Trust (GLDM). 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.
Dividends
DON vs. GLDM - Dividend Comparison
DON's dividend yield for the trailing twelve months is around 2.21%, while GLDM has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DON WisdomTree US MidCap Dividend ETF | 2.21% | 2.41% | 2.71% | 2.12% | 2.77% | 2.38% | 2.55% | 2.25% | 2.48% | 2.89% | 2.56% | 2.28% |
GLDM SPDR Gold MiniShares Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DON vs. GLDM - Drawdown Comparison
The maximum DON drawdown since its inception was -61.94%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for DON and GLDM. For additional features, visit the drawdowns tool.
Volatility
DON vs. GLDM - Volatility Comparison
WisdomTree US MidCap Dividend ETF (DON) and SPDR Gold MiniShares Trust (GLDM) have volatilities of 5.28% and 5.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.