GDMN vs. DGICA
GDMN (WisdomTree Efficient Gold Plus Gold Miners Strategy Fund) is Commodities fund actively managed by WisdomTree, while DGICA (Donegal Group Inc.) is a stock. Over the past 3 years, GDMN returned 48.33%/yr vs 15.46%/yr for DGICA. At a correlation of -0.01, they often move in opposite directions.
Performance
GDMN vs. DGICA - Performance Comparison
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Returns By Period
In the year-to-date period, GDMN achieves a -24.20% return, which is significantly lower than DGICA's -2.15% return.
GDMN
- 1D
- -4.67%
- 1M
- -12.10%
- 6M
- -35.06%
- YTD
- -24.20%
- 1Y
- 42.34%
- 3Y*
- 48.33%
- 5Y*
- —
- 10Y*
- —
DGICA
- 1D
- 1.43%
- 1M
- 8.69%
- 6M
- -1.51%
- YTD
- -2.15%
- 1Y
- 9.16%
- 3Y*
- 15.46%
- 5Y*
- 9.53%
- 10Y*
- 5.84%
GDMN vs. DGICA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | -24.20% | 237.09% | 28.23% | 12.97% | -14.62% | 6.93% |
DGICA Donegal Group Inc. | -2.15% | 34.64% | 15.93% | 3.15% | 4.02% | -0.69% |
Correlation
The correlation between GDMN and DGICA is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2021 | -0.01 |
The correlation between GDMN and DGICA shifts across timeframes, from -0.14 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
GDMN vs. DGICA — Risk / Return Rank
GDMN
DGICA
GDMN vs. DGICA - 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 Donegal Group Inc. (DGICA). 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.
| GDMN | DGICA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.09 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.85 | 0.45 | +0.40 |
| Martin ratioReturn relative to average drawdown | 1.94 | 0.85 | +1.09 |
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Drawdowns
GDMN vs. DGICA - Drawdown Comparison
The maximum GDMN drawdown since its inception was -52.82%, which is greater than DGICA's maximum drawdown of -43.36%. Use the drawdown chart below to compare losses from any high point for GDMN and DGICA.
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Drawdown Indicators
| GDMN | DGICA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.82% | -43.36% | -9.46% |
Max Drawdown (1Y)Largest decline over 1 year | -50.24% | -20.43% | -29.81% |
Max Drawdown (3Y)Largest decline over 3 years | -50.24% | -20.43% | -29.81% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.31% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.23% | — |
Current DrawdownCurrent decline from peak | -50.24% | -6.68% | -43.56% |
Average DrawdownAverage peak-to-trough decline | -19.47% | -14.18% | -5.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.89% | 10.75% | +11.14% |
Volatility
GDMN vs. DGICA - Volatility Comparison
WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) has a higher volatility of 19.22% compared to Donegal Group Inc. (DGICA) at 6.26%. This indicates that GDMN's price experiences larger fluctuations and is considered to be riskier than DGICA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GDMN | DGICA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.22% | 6.26% | +12.96% |
Volatility (6M)Calculated over the trailing 6-month period | 54.87% | 17.16% | +37.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.65% | 23.71% | +40.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.33% | 23.32% | +25.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.33% | 25.43% | +22.90% |
Dividends
GDMN vs. DGICA - Dividend Comparison
GDMN's dividend yield for the trailing twelve months is around 3.56%, less than DGICA's 3.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGICA Donegal Group Inc. | 3.87% | 3.60% | 4.44% | 4.82% | 4.61% | 4.41% | 4.23% | 3.90% | 4.16% | 3.22% | 3.13% | 3.81% |
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | 3.56% | 2.70% | 9.44% | 7.69% | 1.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GDMN and DGICA have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDMN has higher volatility (19.22%) compared to DGICA (6.26%). In terms of maximum drawdown, GDMN dropped -52.82% vs DGICA's -43.36%.
GDMN currently has the higher Sharpe Ratio (0.66 vs 0.39), 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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