GDMN vs. GLD
Compare and contrast key facts about WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) and SPDR Gold Shares (GLD).
GDMN and GLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GDMN is an actively managed fund by WisdomTree. It was launched on Dec 16, 2021. GLD is a passively managed fund by State Street that tracks the performance of the LBMA Gold Price PM. It was launched on Nov 18, 2004.
Performance
GDMN vs. GLD - Performance Comparison
Loading graphics...
GDMN vs. GLD - 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% |
GLD SPDR Gold Shares | 8.57% | 63.68% | 26.66% | 12.69% | -0.77% | 1.67% |
Returns By Period
The year-to-date returns for both stocks are quite close, with GDMN having a 8.77% return and GLD slightly lower at 8.57%.
GDMN
- 1D
- 9.38%
- 1M
- -27.72%
- YTD
- 8.77%
- 6M
- 31.63%
- 1Y
- 140.14%
- 3Y*
- 65.41%
- 5Y*
- —
- 10Y*
- —
GLD
- 1D
- 3.79%
- 1M
- -11.05%
- YTD
- 8.57%
- 6M
- 21.05%
- 1Y
- 49.33%
- 3Y*
- 32.92%
- 5Y*
- 21.58%
- 10Y*
- 13.92%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GDMN vs. GLD - Expense Ratio Comparison
GDMN has a 0.45% expense ratio, which is higher than GLD's 0.40% expense ratio.
Return for Risk
GDMN vs. GLD — Risk / Return Rank
GDMN
GLD
GDMN vs. GLD - 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 SPDR Gold Shares (GLD). 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 | GLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.20 | 1.79 | +0.42 |
Sortino ratioReturn per unit of downside risk | 2.34 | 2.21 | +0.12 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.33 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 3.69 | 2.68 | +1.01 |
Martin ratioReturn relative to average drawdown | 12.63 | 9.90 | +2.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GDMN | GLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.20 | 1.79 | +0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.22 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.94 | 0.62 | +0.32 |
Correlation
The correlation between GDMN and GLD is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GDMN vs. GLD - Dividend Comparison
GDMN's dividend yield for the trailing twelve months is around 2.48%, while GLD 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% |
GLD SPDR Gold Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GDMN vs. GLD - Drawdown Comparison
The maximum GDMN drawdown since its inception was -52.82%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for GDMN and GLD.
Loading graphics...
Drawdown Indicators
| GDMN | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.82% | -45.56% | -7.26% |
Max Drawdown (1Y)Largest decline over 1 year | -39.03% | -19.21% | -19.82% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.03% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.00% | — |
Current DrawdownCurrent decline from peak | -28.60% | -13.23% | -15.37% |
Average DrawdownAverage peak-to-trough decline | -18.45% | -16.17% | -2.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.39% | 5.20% | +6.19% |
Volatility
GDMN vs. GLD - Volatility Comparison
WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) has a higher volatility of 24.97% compared to SPDR Gold Shares (GLD) at 11.06%. This indicates that GDMN's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GDMN | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.97% | 11.06% | +13.91% |
Volatility (6M)Calculated over the trailing 6-month period | 53.89% | 24.30% | +29.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.99% | 27.80% | +36.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.19% | 17.74% | +29.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.19% | 15.87% | +31.32% |