GDMN vs. CNL.TO

Last updated Apr 1, 2026

Compare and contrast key facts about WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) and Collective Mining Ltd (CNL.TO).

GDMN is an actively managed fund by WisdomTree. It was launched on Dec 16, 2021.

Performance

GDMN vs. CNL.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) and Collective Mining Ltd (CNL.TO). The values are adjusted to include any dividend payments, if applicable.

GDMN vs. CNL.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund	8.77%	237.09%	28.23%	12.97%	-14.62%	5.11%
CNL.TO Collective Mining Ltd	20.59%	251.06%	29.99%	69.66%	-19.34%	-2.25%

Different Trading Currencies

GDMN is traded in USD, while CNL.TO is traded in CAD. To make them comparable, the CNL.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, GDMN achieves a 8.77% return, which is significantly lower than CNL.TO's 20.59% return.

GDMN

• 1D: 9.38%
• 1M: -27.72%
• YTD: 8.77%
• 6M: 31.63%
• 1Y: 140.14%
• 3Y*: 65.41%
• 5Y*: —
• 10Y*: —

CNL.TO

• 1D: 9.67%
• 1M: -15.61%
• YTD: 20.59%
• 6M: 21.03%
• 1Y: 101.40%
• 3Y*: 78.88%
• 5Y*: 87.16%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

GDMN vs. CNL.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GDMN

GDMN Risk / Return Rank: 91
GDMN Sharpe Ratio Rank: 94
GDMN Sortino Ratio Rank: 88
GDMN Omega Ratio Rank: 88
GDMN Calmar Ratio Rank: 94
GDMN Martin Ratio Rank: 92

CNL.TO

CNL.TO Risk / Return Rank: 81
CNL.TO Sharpe Ratio Rank: 83
CNL.TO Sortino Ratio Rank: 79
CNL.TO Omega Ratio Rank: 75
CNL.TO Calmar Ratio Rank: 86
CNL.TO Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GDMN vs. CNL.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) and Collective Mining Ltd (CNL.TO). 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.

	GDMN	CNL.TO	Difference
Sharpe ratio Return per unit of total volatility	2.20	1.53	+0.67
Sortino ratio Return per unit of downside risk	2.34	2.10	+0.24
Omega ratio Gain probability vs. loss probability	1.35	1.26	+0.10
Calmar ratio Return relative to maximum drawdown	3.69	3.23	+0.45
Martin ratio Return relative to average drawdown	12.63	6.84	+5.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GDMN vs. CNL.TO - Sharpe Ratio Comparison

The current GDMN Sharpe Ratio is 2.20, which is higher than the CNL.TO Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of GDMN and CNL.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GDMN	CNL.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.20	1.53	+0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	0.40	+0.54

Correlation

The correlation between GDMN and CNL.TO is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

GDMN vs. CNL.TO - Dividend Comparison

GDMN's dividend yield for the trailing twelve months is around 2.48%, while CNL.TO has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund	2.48%	2.70%	9.44%	7.69%	1.44%
CNL.TO Collective Mining Ltd	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

GDMN vs. CNL.TO - Drawdown Comparison

The maximum GDMN drawdown since its inception was -52.82%, smaller than the maximum CNL.TO drawdown of -77.15%. Use the drawdown chart below to compare losses from any high point for GDMN and CNL.TO.

Drawdown Indicators

	GDMN	CNL.TO	Difference
Max Drawdown Largest peak-to-trough decline	-52.82%	-77.14%	+24.32%
Max Drawdown (1Y) Largest decline over 1 year	-39.03%	-32.00%	-7.03%
Max Drawdown (5Y) Largest decline over 5 years	—	-56.43%	—
Current Drawdown Current decline from peak	-28.60%	-14.01%	-14.59%
Average Drawdown Average peak-to-trough decline	-18.45%	-32.66%	+14.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.39%	15.09%	-3.70%

Volatility

GDMN vs. CNL.TO - Volatility Comparison

The current volatility for WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) is 24.97%, while Collective Mining Ltd (CNL.TO) has a volatility of 26.70%. This indicates that GDMN experiences smaller price fluctuations and is considered to be less risky than CNL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GDMN	CNL.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.97%	26.70%	-1.73%
Volatility (6M) Calculated over the trailing 6-month period	53.89%	52.76%	+1.13%
Volatility (1Y) Calculated over the trailing 1-year period	63.99%	66.55%	-2.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.19%	112.57%	-65.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.19%	101.16%	-53.97%