GDMA vs. UMI
GDMA (Gadsden Dynamic Multi-Asset ETF) and UMI (USCF Midstream Energy Income Fund ETF) are both exchange-traded funds - GDMA is a Hedge Fund fund actively managed by Gadsden, while UMI is a Energy Equities fund actively managed by Wainwright, Inc.. Both are actively managed. Over the past 5 years, GDMA returned 8.19%/yr vs 20.61%/yr for UMI. At a 0.26 correlation, their price movements are largely independent. GDMA charges 0.77%/yr vs 0.85%/yr for UMI.
Performance
GDMA vs. UMI - Performance Comparison
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Returns By Period
In the year-to-date period, GDMA achieves a 10.22% return, which is significantly lower than UMI's 23.69% return.
GDMA
- 1D
- -3.51%
- 1M
- 2.90%
- YTD
- 10.22%
- 6M
- 9.52%
- 1Y
- 30.24%
- 3Y*
- 16.68%
- 5Y*
- 8.19%
- 10Y*
- —
UMI
- 1D
- 1.58%
- 1M
- -3.77%
- YTD
- 23.69%
- 6M
- 23.28%
- 1Y
- 27.27%
- 3Y*
- 28.51%
- 5Y*
- 20.61%
- 10Y*
- —
GDMA vs. UMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GDMA Gadsden Dynamic Multi-Asset ETF | 10.22% | 25.29% | 7.44% | 1.72% | -2.08% | 3.95% | 21.08% | 11.59% | -3.70% |
UMI USCF Midstream Energy Income Fund ETF | 23.69% | 5.11% | 42.97% | 14.60% | 20.78% | 20.97% | -8.25% | 21.06% | -9.03% |
Correlation
The correlation between GDMA and UMI is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Nov 15, 2018 | 0.26 |
Over the past year, the correlation between GDMA and UMI has dropped to 0.05 - well below their long-term average of 0.26, suggesting their price drivers have been diverging.
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Return for Risk
GDMA vs. UMI — Risk / Return Rank
GDMA
UMI
GDMA vs. UMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gadsden Dynamic Multi-Asset ETF (GDMA) and USCF Midstream Energy Income Fund ETF (UMI). 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.
| GDMA | UMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.33 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.03 | 3.65 | +0.38 |
| Martin ratioReturn relative to average drawdown | 10.70 | 9.41 | +1.29 |
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Drawdowns
GDMA vs. UMI - Drawdown Comparison
The maximum GDMA drawdown since its inception was -16.66%, smaller than the maximum UMI drawdown of -48.08%. Use the drawdown chart below to compare losses from any high point for GDMA and UMI.
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Drawdown Indicators
| GDMA | UMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.66% | -48.08% | +31.42% |
Max Drawdown (1Y)Largest decline over 1 year | -7.53% | -7.50% | -0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -7.53% | -17.08% | +9.55% |
Max Drawdown (5Y)Largest decline over 5 years | -12.74% | -20.05% | +7.31% |
Current DrawdownCurrent decline from peak | -3.51% | -3.85% | +0.34% |
Average DrawdownAverage peak-to-trough decline | -3.78% | -6.58% | +2.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.83% | 2.90% | -0.07% |
Volatility
GDMA vs. UMI - Volatility Comparison
Gadsden Dynamic Multi-Asset ETF (GDMA) has a higher volatility of 8.71% compared to USCF Midstream Energy Income Fund ETF (UMI) at 5.61%. This indicates that GDMA's price experiences larger fluctuations and is considered to be riskier than UMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GDMA | UMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.71% | 5.61% | +3.10% |
Volatility (6M)Calculated over the trailing 6-month period | 12.85% | 11.10% | +1.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.24% | 14.28% | +0.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.21% | 19.46% | -9.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.32% | 23.16% | -11.84% |
GDMA vs. UMI - Expense Ratio Comparison
GDMA has a 0.77% expense ratio, which is lower than UMI's 0.85% expense ratio.
Dividends
GDMA vs. UMI - Dividend Comparison
GDMA's dividend yield for the trailing twelve months is around 2.53%, less than UMI's 5.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
GDMA Gadsden Dynamic Multi-Asset ETF | 2.53% | 2.79% | 2.32% | 4.14% | 1.18% | 2.10% | 0.62% | 3.17% | 0.00% | 0.00% |
UMI USCF Midstream Energy Income Fund ETF | 5.93% | 6.23% | 4.39% | 4.67% | 4.36% | 3.00% | 2.18% | 2.47% | 2.48% | 0.15% |
Frequently Asked Questions
GDMA and UMI have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDMA has higher volatility (8.71%) compared to UMI (5.61%). In terms of maximum drawdown, GDMA dropped -16.66% vs UMI's -48.08%.
On 5-year performance, UMI leads with 20.61% vs 8.19% for GDMA. On fees, GDMA is cheaper at 0.77% per year. On volatility, UMI has been the lower-risk option at 5.61%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, UMI has performed better with a 20.61% return vs 8.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GDMA is cheaper with a 0.77% expense ratio, compared with 0.85% for UMI.
UMI has the higher dividend yield at 5.93%, compared with 2.53% for GDMA.
GDMA is categorized as Hedge Fund, while UMI is Energy Equities. They also come from different issuers: Gadsden and Wainwright, Inc.. Their fees differ too: 0.77% for GDMA and 0.85% for UMI.
GDMA currently has the higher Sharpe Ratio (2.00 vs 1.92), 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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