HYIN vs. GDMN
HYIN (WisdomTree Alternative Income Fund) and GDMN (WisdomTree Efficient Gold Plus Gold Miners Strategy Fund) are both exchange-traded funds - HYIN is a Diversified Portfolio fund tracking the Gapstow Liquid Alternative Credit Index, while GDMN is a Commodities fund actively managed by WisdomTree. HYIN is passively managed, while GDMN is actively managed. Over the past 3 years, HYIN returned 1.94%/yr vs 61.31%/yr for GDMN. Their 0.22 correlation means their historical movements had little consistent relationship. HYIN charges 3.20%/yr vs 0.45%/yr for GDMN.
Performance
HYIN vs. GDMN - Performance Comparison
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Returns By Period
In the year-to-date period, HYIN achieves a -5.41% return, which is significantly higher than GDMN's -10.91% return.
HYIN
- 1D
- -1.09%
- 1M
- -0.68%
- 6M
- -4.29%
- YTD
- -5.41%
- 1Y
- -7.37%
- 3Y*
- 1.94%
- 5Y*
- -0.52%
- 10Y*
- —
- ALL TIME*
- -0.03%
GDMN
- 1D
- 10.05%
- 1M
- 6.88%
- 6M
- -28.35%
- YTD
- -10.91%
- 1Y
- 56.56%
- 3Y*
- 61.31%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 34.66%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.87M | $2.36M | $3.40M | |
| $308.54K | $257.38K | $300.22K |
HYIN vs. GDMN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HYIN WisdomTree Alternative Income Fund | -5.41% | -0.46% | 7.39% | 21.84% | -21.14% | 2.42% |
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | -10.91% | 237.09% | 28.23% | 12.97% | -14.62% | 6.93% |
Correlation
The correlation between HYIN and GDMN is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.17 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2021 | 0.22 |
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Return for Risk
HYIN vs. GDMN — Risk / Return Rank
HYIN
GDMN
HYIN vs. GDMN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Alternative Income Fund (HYIN) and WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN). 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.
| HYIN | GDMN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -2.09 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.19 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 1.09 | -1.57 |
| Martin ratioReturn relative to average drawdown | -0.86 | 2.25 | -3.10 |
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Drawdowns
HYIN vs. GDMN - Drawdown Comparison
The maximum HYIN drawdown since its inception was -31.10%, smaller than the maximum GDMN drawdown of -52.82%. Use the drawdown chart below to compare losses from any high point for HYIN and GDMN.
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Drawdown Indicators
| HYIN | GDMN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.10% | -52.82% | +21.72% |
Max Drawdown (1Y)Largest decline over 1 year | -15.52% | -52.02% | +36.50% |
Max Drawdown (3Y)Largest decline over 3 years | -15.85% | -52.02% | +36.17% |
Max Drawdown (5Y)Largest decline over 5 years | -31.10% | — | — |
Current DrawdownCurrent decline from peak | -11.22% | -41.52% | +30.30% |
Average DrawdownAverage peak-to-trough decline | -9.09% | -19.89% | +10.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.60% | 25.26% | -16.66% |
Volatility
HYIN vs. GDMN - Volatility Comparison
The current volatility for WisdomTree Alternative Income Fund (HYIN) is 4.08%, while WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) has a volatility of 17.41%. This indicates that HYIN experiences smaller price fluctuations and is considered to be less risky than GDMN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HYIN | GDMN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.08% | 17.41% | -13.33% |
Volatility (6M)Calculated over the trailing 6-month period | 10.13% | 49.20% | -39.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.18% | 65.51% | -52.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.76% | 48.53% | -31.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.67% | 48.53% | -31.86% |
HYIN vs. GDMN - Expense Ratio Comparison
HYIN has a 3.20% expense ratio, which is higher than GDMN's 0.45% expense ratio.
Dividends
HYIN vs. GDMN - Dividend Comparison
HYIN's dividend yield for the trailing twelve months is around 13.44%, more than GDMN's 3.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | 3.03% | 2.70% | 9.44% | 7.69% | 1.44% | 0.00% |
HYIN WisdomTree Alternative Income Fund | 13.44% | 12.58% | 12.59% | 11.71% | 11.34% | 4.13% |
Frequently Asked Questions
HYIN and GDMN have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDMN has higher volatility (17.41%) compared to HYIN (4.08%). In terms of maximum drawdown, HYIN dropped -31.10% vs GDMN's -52.82%.
On 3-year performance, GDMN leads with 61.31% vs 1.94% for HYIN. On fees, GDMN is cheaper at 0.45% per year. On volatility, HYIN has been the lower-risk option at 4.08%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, GDMN has performed better with a 61.31% return vs 1.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GDMN is cheaper with a 0.45% expense ratio, compared with 3.20% for HYIN.
HYIN has the higher dividend yield at 13.44%, compared with 3.03% for GDMN.
HYIN is categorized as Diversified Portfolio, while GDMN is Commodities. Their fees differ too: 3.20% for HYIN and 0.45% for GDMN.
GDMN currently has the higher Sharpe Ratio (0.87 vs -0.56), 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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