ORV.TO vs. GDMN

Last updated Jun 3, 2026

ORV.TO (Orvana Minerals Corp.) is a stock, while GDMN (WisdomTree Efficient Gold Plus Gold Miners Strategy Fund) is Commodities fund actively managed by WisdomTree. Over the past 3 years, ORV.TO returned 126.29%/yr vs 62.82%/yr for GDMN. At a 0.28 correlation, their price movements are largely independent.

Performance

ORV.TO vs. GDMN - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Orvana Minerals Corp. (ORV.TO) and WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ORV.TO is traded in CAD, while GDMN is traded in USD. To make them comparable, the GDMN values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ORV.TO achieves a -6.19% return, which is significantly lower than GDMN's -2.91% return.

ORV.TO

• 1D: 2.60%
• 1M: 17.26%
• YTD: -6.19%
• 6M: 15.20%
• 1Y: 245.61%
• 3Y*: 126.29%
• 5Y*: 38.61%
• 10Y*: 26.35%

GDMN

• 1D: -3.29%
• 1M: -0.48%
• YTD: -2.91%
• 6M: 2.33%
• 1Y: 79.21%
• 3Y*: 62.82%
• 5Y*: —
• 10Y*: —

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

ORV.TO vs. GDMN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ORV.TO Orvana Minerals Corp.	-6.19%	854.55%	46.67%	-26.83%	-33.87%	3.33%
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund	-2.91%	221.63%	39.25%	10.48%	-8.54%	4.04%

Correlation

The correlation between ORV.TO and GDMN is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (All Time) Calculated using the full available price history since Dec 17, 2021	0.28

The correlation between ORV.TO and GDMN shifts across timeframes, from 0.28 (all time) to 0.44 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

ORV.TO vs. GDMN — Risk / Return Rank

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

ORV.TO

ORV.TO Risk / Return Rank: 90
ORV.TO Sharpe Ratio Rank: 93
ORV.TO Sortino Ratio Rank: 88
ORV.TO Omega Ratio Rank: 86
ORV.TO Calmar Ratio Rank: 93
ORV.TO Martin Ratio Rank: 91

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

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.

ORV.TO vs. GDMN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Orvana Minerals Corp. (ORV.TO) 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.

	ORV.TO	GDMN	Difference
Sharpe ratio Return per unit of total volatility	2.70	1.33	+1.37
Sortino ratio Return per unit of downside risk	3.07	1.73	+1.34
Omega ratio Gain probability vs. loss probability	1.38	1.26	+0.12
Calmar ratio Return relative to maximum drawdown	5.85	2.06	+3.79
Martin ratio Return relative to average drawdown	14.18	4.90	+9.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ORV.TO vs. GDMN - Sharpe Ratio Comparison

The current ORV.TO Sharpe Ratio is 2.70, which is higher than the GDMN Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of ORV.TO and GDMN, 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

	ORV.TO	GDMN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.70	1.33	+1.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.34	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	0.91	-0.87

Drawdowns

ORV.TO vs. GDMN - Drawdown Comparison

The maximum ORV.TO drawdown since its inception was -99.45%, which is greater than GDMN's maximum drawdown of -49.27%. Use the drawdown chart below to compare losses from any high point for ORV.TO and GDMN.

Drawdown Indicators

	ORV.TO	GDMN	Difference
Max Drawdown Largest peak-to-trough decline	-99.45%	-49.27%	-50.18%
Max Drawdown (1Y) Largest decline over 1 year	-40.00%	-38.65%	-1.35%
Max Drawdown (3Y) Largest decline over 3 years	-48.84%	-38.65%	-10.19%
Max Drawdown (5Y) Largest decline over 5 years	-78.30%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-78.30%	—	—
Current Drawdown Current decline from peak	-82.09%	-35.86%	-46.23%
Average Drawdown Average peak-to-trough decline	-82.43%	-17.05%	-65.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.49%	16.21%	+0.28%

Volatility

ORV.TO vs. GDMN - Volatility Comparison

Orvana Minerals Corp. (ORV.TO) has a higher volatility of 32.98% compared to WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) at 17.73%. This indicates that ORV.TO's price experiences larger fluctuations and is considered to be riskier than GDMN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ORV.TO	GDMN	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.98%	17.73%	+15.25%
Volatility (6M) Calculated over the trailing 6-month period	57.22%	50.40%	+6.82%
Volatility (1Y) Calculated over the trailing 1-year period	91.63%	59.94%	+31.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.32%	45.15%	+43.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.21%	45.15%	+37.06%

Dividends

ORV.TO vs. GDMN - Dividend Comparison

ORV.TO has not paid dividends to shareholders, while GDMN's dividend yield for the trailing twelve months is around 2.82%.

Position	TTM	2025	2024	2023	2022
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund	2.82%	2.70%	9.44%	7.69%	1.44%
ORV.TO Orvana Minerals Corp.	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ORV.TO and GDMN in my portfolio?

ORV.TO and GDMN have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.