WDGF vs. GDMN
WDGF (WisdomTree Global Defense Fund) and GDMN (WisdomTree Efficient Gold Plus Gold Miners Strategy Fund) are both exchange-traded funds - WDGF is a Aerospace & Defense fund tracking the WisdomTree Global Defense Index, while GDMN is a Commodities fund actively managed by WisdomTree. WDGF is passively managed, while GDMN is actively managed. At a 0.43 correlation, their price movements are largely independent. Both charge a 0.45% expense ratio.
Performance
WDGF vs. GDMN - Performance Comparison
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Returns By Period
In the year-to-date period, WDGF achieves a -1.87% return, which is significantly higher than GDMN's -23.40% return.
WDGF
- 1D
- -2.56%
- 1M
- -7.17%
- YTD
- -1.87%
- 6M
- -3.44%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GDMN
- 1D
- -6.72%
- 1M
- -21.34%
- YTD
- -23.40%
- 6M
- -29.26%
- 1Y
- 46.18%
- 3Y*
- 52.54%
- 5Y*
- —
- 10Y*
- —
WDGF vs. GDMN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WDGF WisdomTree Global Defense Fund | -1.87% | -0.39% |
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | -23.40% | 36.73% |
Correlation
The correlation between WDGF and GDMN is 0.43, 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 | 0.43 |
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Return for Risk
WDGF vs. GDMN — Risk / Return Rank
WDGF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GDMN
WDGF vs. GDMN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global Defense Fund (WDGF) 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.
| WDGF | GDMN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.17 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.93 | — |
| Martin ratioReturn relative to average drawdown | — | 2.41 | — |
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Drawdowns
WDGF vs. GDMN - Drawdown Comparison
The maximum WDGF drawdown since its inception was -16.92%, smaller than the maximum GDMN drawdown of -52.82%. Use the drawdown chart below to compare losses from any high point for WDGF and GDMN.
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Drawdown Indicators
| WDGF | GDMN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.92% | -52.82% | +35.90% |
Max Drawdown (1Y)Largest decline over 1 year | — | -49.72% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -49.72% | — |
Current DrawdownCurrent decline from peak | -16.92% | -49.72% | +32.80% |
Average DrawdownAverage peak-to-trough decline | -5.96% | -19.16% | +13.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 19.24% | — |
Volatility
WDGF vs. GDMN - Volatility Comparison
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Volatility by Period
| WDGF | GDMN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 23.02% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 55.58% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.73% | 64.46% | -41.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.73% | 48.31% | -25.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.73% | 48.31% | -25.58% |
WDGF vs. GDMN - Expense Ratio Comparison
Both WDGF and GDMN have an expense ratio of 0.45%.
Dividends
WDGF vs. GDMN - Dividend Comparison
WDGF's dividend yield for the trailing twelve months is around 0.05%, less than GDMN's 3.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | 3.53% | 2.70% | 9.44% | 7.69% | 1.44% |
WDGF WisdomTree Global Defense Fund | 0.05% | 0.05% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WDGF and GDMN have a correlation of 0.43, 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.
WDGF and GDMN have the same expense ratio: 0.45% per year.
GDMN has the higher dividend yield at 3.53%, compared with 0.05% for WDGF.
WDGF is categorized as Aerospace & Defense, while GDMN is Commodities.
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