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GDMN

GradeCChicago Board Options Exchange

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund

Themes · WisdomTree · Inception 2021-12-16

$90.68−4.73 (−4.96%)

As of Sep 23, 2026, 3:09 PM EDT

History starts Dec 16, 2021.
Intraday session: down, 57 prints from 95.41 to 90.68. Range 89.80 to 92.67. Use the arrow keys to read each point.$90.00$92.00$93.0010 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$221M
1Y return
+29.3%
Yield · Last 12 months
2.63%
Holdings
70
Volume · 30D
0M sh
NAV per share
$94.08
52W range
low $67.12high $147.27

The ETF.net GDMN Grade

C

47/ 100

Rank 11 of 18 in Precious Metals Miners⁠

Confidence High

Six-pillar profile for GDMN. Scores out of 100: Cost 68, Risk 17, Mission 100, Tradability 34, Holdings 52, Durability 46. Strongest: Mission (100). Weakest: Risk (17). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 47 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 68
    Category rank6/18 · top 33%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank1/6 · top 17%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 17
    Category rank17/17 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 34
    Category rank13/18 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 52
    Category rank12/18 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 46
    Category rank12/18 · mid-pack

Graded as of Sep 22, 2026

Our read on GDMN

ETF.net Research

CGold or the miners? GDMN declines to choose. For every $100 it aims to hold roughly $90 of global gold miners plus gold futures worth about $90 more in notional terms, stacking two gold trades into one ticker.

Stated mandate

The Fund seeks total return by investing in U.S.-listed gold futures contracts and global equity securities of companies deriving at least 50% of their revenue from gold mining. Gold futures are used to enhance capital efficiency.

Why people hold it

  1. 01Return stacking in an ETF wrapper: about 90% of net assets in gold miner equities, with U.S.-listed gold futures adding roughly 90% of notional exposure on top.sec.govwisdomtree.com
  2. 02The 0.45% fee sits under the typical precious-metals miner fund and below GDX's 0.51%, even with the futures sleeve doing extra work.
  3. 03Discipline is written into the design: when exposure drifts 5% or more from the 90/90 target, the fund is expected to rebalance back toward it.sec.gov
  4. 04Actively run, but measured against the NYSE Arca Gold Miners Index, the same benchmark behind AUAU, so the equity sleeve is judged on familiar ground.

Worth knowing

  1. 01The stack cuts both ways. Roughly 180% gold-linked exposure magnifies losses as well as gains, and the prospectus flags higher volatility than an unlevered version.sec.govwisdomtree.com
  2. 02It trades lightly next to the category's heavyweights, which can mean wider spreads and more care needed on size.
  3. 03Gold exposure runs through a wholly-owned Cayman subsidiary, routine for commodity futures in a fund but more machinery than a plain miners basket.sec.gov

GDMN Holdings

As of Sep 22, 2026, 12:01 AM
Asset class
Other
Holdings
70
Top-10 weight
58%
Largest holding
NEM12.4%

Sectors

  • Materials100.0%

Geography

  • Canada47.71%
  • United States26.95%
  • Australia10.97%
  • South Africa7.03%
  • China2.34%
  • United Kingdom2.13%
  • Peru1.47%
  • Mexico1.40%

Developed 83% · Emerging 17% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NEMNewmont Mining Corp12.42%207,187$26M428
002AEMAgnico Eagle Mines Ltd7.72%79,716$16M42
003BBarrick Mining Corp7.46%354,282$15M51
004AUAngloGold Ashanti Plc5.95%118,605$12M82
005K.TOKinross Gold Corp4.80%351,765$10M97
006GFIGold Fields Ltd-Spons Adr4.57%221,220$9M51
007SLWSilver Wheaton Corp4.40%59,984$9M10
008FNV.TOFranco-Nevada Corp3.99%30,763$8M83
009—GOLD 100 OZ FUTR OCT263.74%454$8M3
010PAAS.TOPan American Silver Corp3.07%126,560$6M81
011EVN.AXEvolution Mining Ltd3.05%645,360$6M120
012NST.AXNorthern Star Resources Ltd3.02%393,833$6M116
013RGLDRoyal Gold Inc2.75%22,688$6M188
014AGI.TOAlamos Gold Inc2.40%138,383$5M66
015CDECoeur d'Alene Mines Corp1.99%207,849$4M206

Showing 1–15 of 62 holdings

GDMN Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GDMN$12,933
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. GDMN $12,933. SPY $11,723. Use the arrow keys to read each point.$8,417$14,212$20,008Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GDMN. Periods over one year show the average yearly return.
PeriodGDMN
Year to date+2.6%
1 month−10.5%
3 months+18.2%
1 year+29.3%
3 years+70.9%per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GDMN
YearReturn barGDMN
2026 YTD+2.6%
2025+237.0%
2024+28.3%
2023+13.1%
2022−14.7%
2021+5.1%

Since listing, Dec 16, 2021

GDMN in the news

ETF.net Research hasn’t filed on GDMN yet — coverage lands here as it’s written.

GDMN Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
2.63%Last 12 months
Payout per share
$2.51Last 12 months
Last payment
$0.23 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2022–2026

One bar per payment. 8 payments from 2022 to 2026 YTD. Oct 25, 2022 $0.19; Dec 23, 2022 $0.14; Oct 25, 2023 $1.68; Dec 22, 2023 $0.16; Oct 28, 2024 $2.58; Dec 26, 2024 $0.12; Oct 28, 2025 $2.29; Dec 26, 2025 $0.23. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Dec 26, 2025Dec 30, 2025$0.23
Oct 28, 2025Oct 30, 2025$2.29
Dec 26, 2024Dec 30, 2024$0.12
Oct 28, 2024Oct 30, 2024$2.58
Dec 22, 2023Dec 28, 2023$0.16
Oct 25, 2023Oct 30, 2023$1.68
Dec 23, 2022Dec 29, 2022$0.14
Oct 25, 2022Oct 28, 2022$0.19

GDMN Risk

How much the fund’s monthly returns vary, scaled to a year.
51.3%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.22
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−52.8%
57 months · trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.87
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

GDMN Cost

Expense ratio0.45%
  • The middle half of Precious Metals Miners funds
  • Median 0.52%

5 of the 18 Precious Metals Miners funds charge less.

GDMN costs $45.00 a year on $10,000. The median Precious Metals Miners fund costs $51.50.