IDME vs. GDMA

Last updated Jun 4, 2026

IDME (Aptus International Drawdown Managed Equity ETF) and GDMA (Gadsden Dynamic Multi-Asset ETF) are both exchange-traded funds - IDME is a Global Equities fund actively managed by Aptus Capital Advisors, while GDMA is a Hedge Fund fund actively managed by Gadsden. Both are actively managed. Over the past 3 years, IDME returned 18.02%/yr vs 16.91%/yr for GDMA. At a 0.38 correlation, their price movements are largely independent. IDME charges 0.65%/yr vs 0.77%/yr for GDMA.

Performance

IDME vs. GDMA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus International Drawdown Managed Equity ETF (IDME) and Gadsden Dynamic Multi-Asset ETF (GDMA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDME achieves a 16.05% return, which is significantly higher than GDMA's 11.18% return.

IDME

• 1D: -0.99%
• 1M: 4.97%
• YTD: 16.05%
• 6M: 18.64%
• 1Y: 33.98%
• 3Y*: 18.02%
• 5Y*: —
• 10Y*: —

GDMA

• 1D: 0.30%
• 1M: 1.83%
• YTD: 11.18%
• 6M: 14.08%
• 1Y: 32.26%
• 3Y*: 16.91%
• 5Y*: 7.66%
• 10Y*: —

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

IDME vs. GDMA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IDME Aptus International Drawdown Managed Equity ETF	16.05%	27.53%	6.12%	9.07%	-19.79%	-1.25%
GDMA Gadsden Dynamic Multi-Asset ETF	11.18%	25.29%	7.44%	1.72%	-2.08%	2.29%

Correlation

The correlation between IDME and GDMA is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (All Time) Calculated using the full available price history since Jul 26, 2021	0.38

Over the past year, IDME and GDMA have become more correlated (0.64) than their long-term average of 0.38, meaning their price movements have been converging.

IDME vs. GDMA - Sectors Allocation Comparison

Sectors	IDME	GDMA
Financial Services	19.2%	14.5%
Industrials	13.8%	14.4%
Consumer Cyclical	11.1%	8.8%
Technology	9.9%	23.4%
Healthcare	9.6%	5.5%
Consumer Defensive	8.4%	3.5%
Basic Materials	8.1%	9.0%
Energy	5.6%	10.0%
Communication Services	5.4%	7.0%
Real Estate	3.2%	1.6%
Utilities	3.0%	2.4%

Return for Risk

IDME vs. GDMA — Risk / Return Rank

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

IDME

IDME Risk / Return Rank: 65
IDME Sharpe Ratio Rank: 67
IDME Sortino Ratio Rank: 67
IDME Omega Ratio Rank: 67
IDME Calmar Ratio Rank: 60
IDME Martin Ratio Rank: 66

GDMA

GDMA Risk / Return Rank: 74
GDMA Sharpe Ratio Rank: 75
GDMA Sortino Ratio Rank: 70
GDMA Omega Ratio Rank: 77
GDMA Calmar Ratio Rank: 82
GDMA Martin Ratio Rank: 65

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.

IDME vs. GDMA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus International Drawdown Managed Equity ETF (IDME) and Gadsden Dynamic Multi-Asset ETF (GDMA). 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.

	IDME	GDMA	Difference
Sharpe ratio: Return per unit of total volatility	2.21	2.47	-0.26
Sortino ratio: Return per unit of downside risk	3.08	3.21	-0.13
Omega ratio: Gain probability vs. loss probability	1.40	1.47	-0.06
Calmar ratio: Return relative to maximum drawdown	2.98	4.30	-1.32
Martin ratio: Return relative to average drawdown	11.87	11.92	-0.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IDME vs. GDMA - Sharpe Ratio Comparison

The current IDME Sharpe Ratio is 2.21, which is comparable to the GDMA Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of IDME and GDMA, 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

	IDME	GDMA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.21	2.47	-0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.89	-0.44

Drawdowns

IDME vs. GDMA - Drawdown Comparison

The maximum IDME drawdown since its inception was -29.20%, which is greater than GDMA's maximum drawdown of -16.66%. Use the drawdown chart below to compare losses from any high point for IDME and GDMA.

Drawdown Indicators

	IDME	GDMA	Difference
Max Drawdown Largest peak-to-trough decline	-29.20%	-16.66%	-12.54%
Max Drawdown (1Y) Largest decline over 1 year	-11.46%	-7.53%	-3.93%
Max Drawdown (3Y) Largest decline over 3 years	-12.88%	-7.53%	-5.35%
Max Drawdown (5Y) Largest decline over 5 years	—	-12.74%	—
Current Drawdown Current decline from peak	-0.99%	-1.06%	+0.07%
Average Drawdown Average peak-to-trough decline	-11.17%	-3.78%	-7.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.87%	2.71%	+0.16%

Volatility

IDME vs. GDMA - Volatility Comparison

The current volatility for Aptus International Drawdown Managed Equity ETF (IDME) is 5.23%, while Gadsden Dynamic Multi-Asset ETF (GDMA) has a volatility of 6.18%. This indicates that IDME experiences smaller price fluctuations and is considered to be less risky than GDMA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDME	GDMA	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.23%	6.18%	-0.95%
Volatility (6M) Calculated over the trailing 6-month period	12.95%	10.03%	+2.92%
Volatility (1Y) Calculated over the trailing 1-year period	15.48%	13.12%	+2.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.64%	9.67%	+4.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.64%	10.97%	+3.67%

IDME vs. GDMA - Expense Ratio Comparison

IDME has a 0.65% expense ratio, which is lower than GDMA's 0.77% expense ratio.

Dividends

IDME vs. GDMA - Dividend Comparison

IDME's dividend yield for the trailing twelve months is around 4.98%, more than GDMA's 2.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
GDMA Gadsden Dynamic Multi-Asset ETF	2.51%	2.79%	2.32%	4.14%	1.18%	2.10%	0.62%	3.17%
IDME Aptus International Drawdown Managed Equity ETF	4.98%	4.90%	5.64%	3.71%	2.62%	1.38%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IDME and GDMA in my portfolio?

IDME and GDMA have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDME or GDMA?

GDMA has higher volatility (6.18%) compared to IDME (5.23%). In terms of maximum drawdown, IDME dropped -29.20% vs GDMA's -16.66%.

Which ETF is better, IDME or GDMA?

On 3-year performance, IDME leads with 18.02% vs 16.91% for GDMA. On fees, IDME is cheaper at 0.65% per year. On volatility, IDME has been the lower-risk option at 5.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDME or GDMA?

Over the 3-year period, IDME has performed better with a 18.02% return vs 16.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDME or GDMA?

IDME is cheaper with a 0.65% expense ratio, compared with 0.77% for GDMA.

Which ETF pays a higher dividend yield, IDME or GDMA?

IDME has the higher dividend yield at 4.98%, compared with 2.51% for GDMA.

What is the main difference between IDME and GDMA?

IDME is categorized as Global Equities, while GDMA is Hedge Fund. They also come from different issuers: Aptus Capital Advisors and Gadsden. Their fees differ too: 0.65% for IDME and 0.77% for GDMA.

Which has better risk-adjusted returns?

GDMA currently has the higher Sharpe Ratio (2.47 vs 2.21), 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.