WTAI vs. GDMN

Last updated Jun 4, 2026

WTAI (WisdomTree Artificial Intelligence and Innovation Fund) and GDMN (WisdomTree Efficient Gold Plus Gold Miners Strategy Fund) are both exchange-traded funds - WTAI is a Technology Equities fund tracking the WisdomTree Artificial Intelligence & Innovation Index, while GDMN is a Commodities fund actively managed by WisdomTree. WTAI is passively managed, while GDMN is actively managed. Over the past 3 years, WTAI returned 37.21%/yr vs 60.95%/yr for GDMN. At a 0.24 correlation, their price movements are largely independent. Both charge a 0.45% expense ratio.

Performance

WTAI vs. GDMN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTAI achieves a 59.81% return, which is significantly higher than GDMN's -4.13% return.

WTAI

• 1D: -0.89%
• 1M: 26.62%
• YTD: 59.81%
• 6M: 58.39%
• 1Y: 109.20%
• 3Y*: 37.21%
• 5Y*: —
• 10Y*: —

GDMN

• 1D: -3.68%
• 1M: -2.43%
• YTD: -4.13%
• 6M: 2.73%
• 1Y: 76.93%
• 3Y*: 60.95%
• 5Y*: —
• 10Y*: —

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

WTAI vs. GDMN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WTAI WisdomTree Artificial Intelligence and Innovation Fund	59.81%	34.83%	6.53%	46.32%	-42.27%	2.51%
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund	-4.13%	237.09%	28.23%	12.97%	-14.62%	5.11%

Correlation

The correlation between WTAI and GDMN is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (All Time) Calculated using the full available price history since Dec 17, 2021	0.24

WTAI vs. GDMN - Sectors Allocation Comparison

Sectors	WTAI	GDMN
Technology	71.6%	-
Consumer Cyclical	8.3%	-
Communication Services	7.2%	-
Industrials	5.6%	-
Financial Services	3.8%	-
Utilities	0.9%	-
Consumer Defensive	0.4%	-
Basic Materials	-	100.0%
Energy	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

WTAI vs. GDMN — Risk / Return Rank

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

WTAI

WTAI Risk / Return Rank: 92
WTAI Sharpe Ratio Rank: 95
WTAI Sortino Ratio Rank: 90
WTAI Omega Ratio Rank: 89
WTAI Calmar Ratio Rank: 94
WTAI 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.

WTAI vs. GDMN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Artificial Intelligence and Innovation Fund (WTAI) 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.

	WTAI	GDMN	Difference
Sharpe ratio: Return per unit of total volatility	3.87	1.26	+2.61
Sortino ratio: Return per unit of downside risk	4.29	1.68	+2.61
Omega ratio: Gain probability vs. loss probability	1.57	1.25	+0.33
Calmar ratio: Return relative to maximum drawdown	7.12	1.98	+5.14
Martin ratio: Return relative to average drawdown	22.73	4.68	+18.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTAI vs. GDMN - Sharpe Ratio Comparison

The current WTAI Sharpe Ratio is 3.87, which is higher than the GDMN Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of WTAI 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

	WTAI	GDMN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.87	1.26	+2.61
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.80	-0.29

Drawdowns

WTAI vs. GDMN - Drawdown Comparison

The maximum WTAI drawdown since its inception was -45.92%, smaller than the maximum GDMN drawdown of -52.82%. Use the drawdown chart below to compare losses from any high point for WTAI and GDMN.

Drawdown Indicators

	WTAI	GDMN	Difference
Max Drawdown Largest peak-to-trough decline	-45.92%	-52.82%	+6.90%
Max Drawdown (1Y) Largest decline over 1 year	-15.42%	-39.03%	+23.61%
Max Drawdown (3Y) Largest decline over 3 years	-31.83%	-39.03%	+7.20%
Current Drawdown Current decline from peak	-0.89%	-37.06%	+36.17%
Average Drawdown Average peak-to-trough decline	-19.80%	-18.89%	-0.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.82%	16.51%	-11.69%

Volatility

WTAI vs. GDMN - Volatility Comparison

The current volatility for WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is 10.86%, while WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) has a volatility of 17.94%. This indicates that WTAI experiences smaller price fluctuations and is considered to be less risky than GDMN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTAI	GDMN	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.86%	17.94%	-7.08%
Volatility (6M) Calculated over the trailing 6-month period	22.71%	51.79%	-29.08%
Volatility (1Y) Calculated over the trailing 1-year period	28.39%	61.32%	-32.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.99%	47.59%	-16.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.99%	47.59%	-16.60%

WTAI vs. GDMN - Expense Ratio Comparison

Both WTAI and GDMN have an expense ratio of 0.45%.

Dividends

WTAI vs. GDMN - Dividend Comparison

WTAI's dividend yield for the trailing twelve months is around 1.13%, less than GDMN's 2.82% yield.

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%
WTAI WisdomTree Artificial Intelligence and Innovation Fund	1.13%	1.81%	0.19%	0.24%	0.22%

Frequently Asked Questions

Can I hold both WTAI and GDMN in my portfolio?

WTAI and GDMN have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTAI or GDMN?

GDMN has higher volatility (17.94%) compared to WTAI (10.86%). In terms of maximum drawdown, WTAI dropped -45.92% vs GDMN's -52.82%.

Which ETF is better, WTAI or GDMN?

On 3-year performance, GDMN leads with 60.95% vs 37.21% for WTAI. Both ETFs have the same 0.45% expense ratio. On volatility, WTAI has been the lower-risk option at 10.86%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTAI or GDMN?

Over the 3-year period, GDMN has performed better with a 60.95% return vs 37.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTAI or GDMN?

WTAI and GDMN have the same expense ratio: 0.45% per year.

Which ETF pays a higher dividend yield, WTAI or GDMN?

GDMN has the higher dividend yield at 2.82%, compared with 1.13% for WTAI.

What is the main difference between WTAI and GDMN?

WTAI is categorized as Technology Equities, while GDMN is Commodities.

Which has better risk-adjusted returns?

WTAI currently has the higher Sharpe Ratio (3.87 vs 1.26), 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.