WAMA vs. GDMN
WAMA (WisdomTree U.S. Adaptive Moving Average Fund) and GDMN (WisdomTree Efficient Gold Plus Gold Miners Strategy Fund) are both exchange-traded funds - WAMA is a Tactical Allocation fund tracking the WisdomTree U.S. Adaptive Moving Average Index, while GDMN is a Commodities fund actively managed by WisdomTree. WAMA is passively managed, while GDMN is actively managed. A 0.67 correlation means they provide meaningful diversification when combined. WAMA charges 0.32%/yr vs 0.45%/yr for GDMN.
Performance
WAMA vs. GDMN - Performance Comparison
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Returns By Period
WAMA
- 1D
- -1.21%
- 1M
- -1.31%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GDMN
- 1D
- -5.34%
- 1M
- -15.68%
- YTD
- -17.89%
- 6M
- -24.58%
- 1Y
- 50.67%
- 3Y*
- 56.12%
- 5Y*
- —
- 10Y*
- —
WAMA vs. GDMN - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
WAMA WisdomTree U.S. Adaptive Moving Average Fund | 0.33% |
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | -17.30% |
Correlation
The correlation between WAMA and GDMN is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 6, 2026 | 0.67 |
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Return for Risk
WAMA vs. GDMN — Risk / Return Rank
WAMA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GDMN
WAMA vs. GDMN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Adaptive Moving Average Fund (WAMA) 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.
| WAMA | GDMN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.18 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.04 | — |
| Martin ratioReturn relative to average drawdown | — | 2.68 | — |
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Drawdowns
WAMA vs. GDMN - Drawdown Comparison
The maximum WAMA drawdown since its inception was -4.37%, smaller than the maximum GDMN drawdown of -52.82%. Use the drawdown chart below to compare losses from any high point for WAMA and GDMN.
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Drawdown Indicators
| WAMA | GDMN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.37% | -52.82% | +48.45% |
Max Drawdown (1Y)Largest decline over 1 year | — | -48.76% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -48.76% | — |
Current DrawdownCurrent decline from peak | -3.20% | -46.10% | +42.90% |
Average DrawdownAverage peak-to-trough decline | -1.13% | -19.14% | +18.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 19.00% | — |
Volatility
WAMA vs. GDMN - Volatility Comparison
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Volatility by Period
| WAMA | GDMN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 22.22% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 55.20% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.24% | 64.10% | -49.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.24% | 48.22% | -33.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.24% | 48.22% | -33.98% |
WAMA vs. GDMN - Expense Ratio Comparison
WAMA has a 0.32% expense ratio, which is lower than GDMN's 0.45% expense ratio.
Dividends
WAMA vs. GDMN - Dividend Comparison
WAMA has not paid dividends to shareholders, while GDMN's dividend yield for the trailing twelve months is around 3.29%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | 3.29% | 2.70% | 9.44% | 7.69% | 1.44% |
WAMA WisdomTree U.S. Adaptive Moving Average Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WAMA and GDMN have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WAMA is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WAMA is cheaper with a 0.32% expense ratio, compared with 0.45% for GDMN.
GDMN has the higher dividend yield at 3.29%, compared with 0.00% for WAMA.
WAMA is categorized as Tactical Allocation, while GDMN is Commodities. Their fees differ too: 0.32% for WAMA and 0.45% for GDMN.
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