WTPI vs. GDMN
WTPI (WisdomTree Equity Premium Income Fund) and GDMN (WisdomTree Efficient Gold Plus Gold Miners Strategy Fund) are both exchange-traded funds - WTPI is a Derivative Income fund tracking the Volos U.S. Large Cap Target 2.5% PutWrite Index, while GDMN is a Commodities fund actively managed by WisdomTree. WTPI is passively managed, while GDMN is actively managed. Over the past 3 years, WTPI returned 13.69%/yr vs 61.52%/yr for GDMN. At a 0.20 correlation, their price movements are largely independent. WTPI charges 0.44%/yr vs 0.45%/yr for GDMN.
Performance
WTPI vs. GDMN - Performance Comparison
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Returns By Period
In the year-to-date period, WTPI achieves a 4.51% return, which is significantly higher than GDMN's -2.03% return.
WTPI
- 1D
- 0.24%
- 1M
- 1.80%
- YTD
- 4.51%
- 6M
- 4.94%
- 1Y
- 19.02%
- 3Y*
- 13.69%
- 5Y*
- 9.98%
- 10Y*
- 8.31%
GDMN
- 1D
- 2.19%
- 1M
- -1.33%
- YTD
- -2.03%
- 6M
- 4.80%
- 1Y
- 80.97%
- 3Y*
- 61.52%
- 5Y*
- —
- 10Y*
- —
WTPI vs. GDMN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WTPI WisdomTree Equity Premium Income Fund | 4.51% | 14.45% | 17.18% | 15.53% | -10.11% | 0.58% |
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | -2.03% | 237.09% | 28.23% | 12.97% | -14.62% | 5.11% |
Correlation
The correlation between WTPI and GDMN is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Dec 17, 2021 | 0.20 |
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Return for Risk
WTPI vs. GDMN — Risk / Return Rank
WTPI
GDMN
WTPI vs. GDMN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Equity Premium Income Fund (WTPI) 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.
| WTPI | GDMN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.83 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.25 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.67 | 2.09 | +0.59 |
| Martin ratioReturn relative to average drawdown | 12.81 | 4.88 | +7.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WTPI | GDMN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | 1.33 | +0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.82 | -0.17 |
Drawdowns
WTPI vs. GDMN - Drawdown Comparison
The maximum WTPI drawdown since its inception was -28.40%, smaller than the maximum GDMN drawdown of -52.82%. Use the drawdown chart below to compare losses from any high point for WTPI and GDMN.
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Drawdown Indicators
| WTPI | GDMN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.40% | -52.82% | +24.42% |
Max Drawdown (1Y)Largest decline over 1 year | -7.15% | -39.03% | +31.88% |
Max Drawdown (3Y)Largest decline over 3 years | -15.26% | -39.03% | +23.77% |
Max Drawdown (5Y)Largest decline over 5 years | -16.56% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -28.40% | — | — |
Current DrawdownCurrent decline from peak | -0.03% | -35.69% | +35.66% |
Average DrawdownAverage peak-to-trough decline | -3.44% | -18.90% | +15.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.49% | 16.66% | -15.17% |
Volatility
WTPI vs. GDMN - Volatility Comparison
The current volatility for WisdomTree Equity Premium Income Fund (WTPI) is 0.86%, while WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) has a volatility of 18.05%. This indicates that WTPI 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.
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Volatility by Period
| WTPI | GDMN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.86% | 18.05% | -17.19% |
Volatility (6M)Calculated over the trailing 6-month period | 7.00% | 51.78% | -44.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.86% | 61.34% | -52.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.13% | 47.58% | -35.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.22% | 47.58% | -34.36% |
WTPI vs. GDMN - Expense Ratio Comparison
WTPI has a 0.44% expense ratio, which is lower than GDMN's 0.45% expense ratio.
Dividends
WTPI vs. GDMN - Dividend Comparison
WTPI's dividend yield for the trailing twelve months is around 12.03%, more than GDMN's 2.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | 2.76% | 2.70% | 9.44% | 7.69% | 1.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WTPI WisdomTree Equity Premium Income Fund | 12.03% | 13.18% | 11.99% | 8.94% | 3.27% | 0.00% | 1.43% | 1.47% | 6.46% | 3.52% | 2.27% |
Frequently Asked Questions
WTPI and GDMN have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDMN has higher volatility (18.05%) compared to WTPI (0.86%). In terms of maximum drawdown, WTPI dropped -28.40% vs GDMN's -52.82%.
On 3-year performance, GDMN leads with 61.52% vs 13.69% for WTPI. On fees, WTPI is cheaper at 0.44% per year. On volatility, WTPI has been the lower-risk option at 0.86%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, GDMN has performed better with a 61.52% return vs 13.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
WTPI is cheaper with a 0.44% expense ratio, compared with 0.45% for GDMN.
WTPI has the higher dividend yield at 12.03%, compared with 2.76% for GDMN.
WTPI is categorized as Derivative Income, while GDMN is Commodities. Their fees differ too: 0.44% for WTPI and 0.45% for GDMN.
WTPI currently has the higher Sharpe Ratio (2.16 vs 1.33), 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.
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