WDAF vs. GDMN
WDAF (WisdomTree Asia Defense Fund) and GDMN (WisdomTree Efficient Gold Plus Gold Miners Strategy Fund) are both exchange-traded funds - WDAF is a Aerospace & Defense fund tracking the WisdomTree Asia Defense Index, while GDMN is a Commodities fund actively managed by WisdomTree. WDAF is passively managed, while GDMN is actively managed. At a 0.36 correlation, their price movements are largely independent. Both charge a 0.45% expense ratio.
Performance
WDAF vs. GDMN - Performance Comparison
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Returns By Period
In the year-to-date period, WDAF achieves a 10.54% return, which is significantly higher than GDMN's -17.89% return.
WDAF
- 1D
- -5.17%
- 1M
- -7.02%
- YTD
- 10.54%
- 6M
- 9.61%
- 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*
- —
WDAF vs. GDMN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WDAF WisdomTree Asia Defense Fund | 10.54% | -7.71% |
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | -17.89% | 36.73% |
Correlation
The correlation between WDAF and GDMN is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 12, 2025 | 0.36 |
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Return for Risk
WDAF vs. GDMN — Risk / Return Rank
WDAF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GDMN
WDAF vs. GDMN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Asia Defense Fund (WDAF) 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.
| WDAF | 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
WDAF vs. GDMN - Drawdown Comparison
The maximum WDAF drawdown since its inception was -20.11%, smaller than the maximum GDMN drawdown of -52.82%. Use the drawdown chart below to compare losses from any high point for WDAF and GDMN.
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Drawdown Indicators
| WDAF | GDMN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.11% | -52.82% | +32.71% |
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 | -17.04% | -46.10% | +29.06% |
Average DrawdownAverage peak-to-trough decline | -6.70% | -19.14% | +12.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 19.00% | — |
Volatility
WDAF vs. GDMN - Volatility Comparison
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Volatility by Period
| WDAF | 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 | 32.59% | 64.10% | -31.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.59% | 48.22% | -15.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.59% | 48.22% | -15.63% |
WDAF vs. GDMN - Expense Ratio Comparison
Both WDAF and GDMN have an expense ratio of 0.45%.
Dividends
WDAF vs. GDMN - Dividend Comparison
WDAF's dividend yield for the trailing twelve months is around 0.12%, less than GDMN's 3.29% yield.
| 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% |
WDAF WisdomTree Asia Defense Fund | 0.12% | 0.13% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WDAF and GDMN have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.45% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
WDAF and GDMN have the same expense ratio: 0.45% per year.
GDMN has the higher dividend yield at 3.29%, compared with 0.12% for WDAF.
WDAF is categorized as Aerospace & Defense, while GDMN is Commodities.
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