GDMN vs. GFI

Last updated Jun 4, 2026

GDMN (WisdomTree Efficient Gold Plus Gold Miners Strategy Fund) is Commodities fund actively managed by WisdomTree, while GFI (Gold Fields Limited) is a stock. Over the past 3 years, GDMN returned 60.95%/yr vs 38.59%/yr for GFI. Their correlation of 0.81 suggests significant overlap in exposure.

Performance

GDMN vs. GFI - 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 Gold Fields Limited (GFI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GDMN achieves a -4.13% return, which is significantly higher than GFI's -10.57% return.

GDMN

• 1D: -3.68%
• 1M: -2.43%
• YTD: -4.13%
• 6M: 2.73%
• 1Y: 76.93%
• 3Y*: 60.95%
• 5Y*: —
• 10Y*: —

GFI

• 1D: -1.61%
• 1M: -9.21%
• YTD: -10.57%
• 6M: -4.40%
• 1Y: 58.92%
• 3Y*: 38.59%
• 5Y*: 31.37%
• 10Y*: 27.88%

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

GDMN vs. GFI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund	-4.13%	237.09%	28.23%	12.97%	-14.62%	5.11%
GFI Gold Fields Limited	-10.57%	240.42%	-6.27%	44.90%	-2.61%	5.67%

Correlation

The correlation between GDMN and GFI is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (All Time) Calculated using the full available price history since Dec 17, 2021	0.81

The correlation between GDMN and GFI has been stable across timeframes, ranging from 0.81 to 0.87 - a consistent structural relationship.

Return for Risk

GDMN vs. GFI — Risk / Return Rank

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

GDMN

GDMN Risk / Return Rank: 34
GDMN Sharpe Ratio Rank: 34
GDMN Sortino Ratio Rank: 30
GDMN Omega Ratio Rank: 36
GDMN Calmar Ratio Rank: 39
GDMN Martin Ratio Rank: 31

GFI

GFI Risk / Return Rank: 69
GFI Sharpe Ratio Rank: 71
GFI Sortino Ratio Rank: 66
GFI Omega Ratio Rank: 66
GFI Calmar Ratio Rank: 70
GFI Martin Ratio Rank: 70

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. GFI - 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 Gold Fields Limited (GFI). 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	GFI	Difference
Sharpe ratio: Return per unit of total volatility	1.26	1.01	+0.26
Sortino ratio: Return per unit of downside risk	1.68	1.55	+0.12
Omega ratio: Gain probability vs. loss probability	1.25	1.20	+0.04
Calmar ratio: Return relative to maximum drawdown	1.98	1.62	+0.36
Martin ratio: Return relative to average drawdown	4.68	3.90	+0.77
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. GFI - Sharpe Ratio Comparison

The current GDMN Sharpe Ratio is 1.26, which is comparable to the GFI Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of GDMN and GFI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GDMN	GFI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.26	1.01	+0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.60	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.51	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	0.13	+0.67

Drawdowns

GDMN vs. GFI - Drawdown Comparison

The maximum GDMN drawdown since its inception was -52.82%, smaller than the maximum GFI drawdown of -88.05%. Use the drawdown chart below to compare losses from any high point for GDMN and GFI.

Drawdown Indicators

	GDMN	GFI	Difference
Max Drawdown Largest peak-to-trough decline	-52.82%	-88.05%	+35.23%
Max Drawdown (1Y) Largest decline over 1 year	-39.03%	-36.52%	-2.51%
Max Drawdown (3Y) Largest decline over 3 years	-39.03%	-36.52%	-2.51%
Max Drawdown (5Y) Largest decline over 5 years	—	-56.22%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-63.09%	—
Current Drawdown Current decline from peak	-37.06%	-36.52%	-0.54%
Average Drawdown Average peak-to-trough decline	-18.89%	-44.27%	+25.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.51%	15.14%	+1.37%

Volatility

GDMN vs. GFI - Volatility Comparison

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) and Gold Fields Limited (GFI) have volatilities of 17.94% and 17.66%, 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.

Volatility by Period

	GDMN	GFI	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.94%	17.66%	+0.28%
Volatility (6M) Calculated over the trailing 6-month period	51.79%	45.36%	+6.43%
Volatility (1Y) Calculated over the trailing 1-year period	61.32%	58.92%	+2.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.59%	52.17%	-4.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.59%	54.85%	-7.26%

Dividends

GDMN vs. GFI - Dividend Comparison

GDMN's dividend yield for the trailing twelve months is around 2.82%, less than GFI's 4.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund	2.82%	2.70%	9.44%	7.69%	1.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GFI Gold Fields Limited	4.85%	1.77%	2.94%	2.87%	3.40%	3.24%	1.72%	0.81%	1.61%	1.41%	1.35%	0.60%

Frequently Asked Questions

Can I hold both GDMN and GFI in my portfolio?

GDMN and GFI have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GDMN or GFI?

GDMN has higher volatility (17.94%) compared to GFI (17.66%). In terms of maximum drawdown, GDMN dropped -52.82% vs GFI's -88.05%.

Which has better risk-adjusted returns?

GDMN currently has the higher Sharpe Ratio (1.26 vs 1.01), 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.