Alpha Architect Gdsdn Dynmc Mlt-Asst ETF (GDMA) Performance
GDMA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +5.0% since Dec 31, 2025
- 1 year
- +6.2% total return
- 5 years
- +7.4% a year
- Since first price
- +8.5% a year since 2018
GDMA trailing returns vs SPY, QQQ, AGG
| Period | GDMA total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.9% | −1.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.3% | −2.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −2.7% | −2.7% | +7.8% | +8.4% | −1.5% |
| YTD | +5.0% | +5.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +6.2% | +3.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +45.0%+13.2%/yr | +32.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +42.9%+7.4%/yr | +26.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionNov 15, 2018 | +91.1%+8.5%/yr | +61.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: GDMA vs SPY
From Nov 15, 2018: GDMA grew to $19,108, SPY to $31,376.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GDMA returns by calendar year
6 of 7 full years positive. Best 2025 (+25.3%), worst 2022 (−2.1%). 2026 is year to date.
GDMA annual returns table
| Year | GDMA | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +5.0% | −8.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +25.3% | −6.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +7.5% | −4.9% | +24.9% | +25.6% | +1.3% |
| 2023 | +1.7% | −5.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −2.1% | −8.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +3.9% | −8.3% | +28.7% | +27.4% | −1.8% |
| 2020 | +21.1% | −16.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +11.6% | −2.4% | +31.2% | +39.0% | +8.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GDMA largest drawdowns
Now 8.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2020 | −16.7% | Mar 18, 2020 | Jul 6, 2020 | 28 days | 5 months |
| Apr 18, 2022 | −12.7% | Mar 6, 2023 | Jul 16, 2024 | 11 months | 2.2 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GDMA risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +13.7% | +8.0% | +8.6% |
| Volatility (annualized) | 9.9% | 8.8% | 10.0% |
| Sharpe ratio | 0.91 | 0.51 | 0.61 |
| Sortino ratio | 1.66 | 0.86 | 1.03 |
| Best month | +8.5% | +8.5% | +9.2% |
| Worst month | −5.3% | −5.3% | −8.6% |
| Best 12 months | +37.6% | +37.6% | +37.6% |
| Worst 12 months | +5.0% | −9.3% | −9.3% |
| Positive months | 61% | 57% | 56% |
| Beta vs S&P 500 | 0.37 | 0.12 | — |
| Correlation with S&P 500 | 0.46 | 0.21 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
GDMA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 84 | −9.3% | +8.7% | +37.6% | 81% |
| 3-year (a year) | 60 | +0.0% | +7.1% | +17.3% | 100% |
| 5-year (a year) | 36 | +5.6% | +7.0% | +9.0% | 100% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
GDMA performance overview
Alpha Architect Gdsdn Dynmc Mlt-Asst ETF (GDMA) returned +6.2% over the past year and +7.4% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned +8.5% a year, turning $10,000 into about $19,108. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −16.7%, from Feb 19, 2020 to Mar 18, 2020, and it took 4 months to get back to the old high. GDMA finished 6 of its 7 full calendar years with a gain; the best year was 2025 (+25.3%) and the worst 2022 (−2.1%). Volatility has been 10.0% a year.
Related: GDMA chart, GDMA holdings, GDMA dividends. See the GDMA overview for the latest quote and fund facts.
GDMA performance FAQ
What is the GDMA return over the past year?
GDMA returned +6.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 3.3%.
What is the average annual return of GDMA?
GDMA has returned +7.4% a year over 5 years, +8.5% a year since November 15, 2018 (total return, distributions reinvested).
How much would $10,000 invested in GDMA be worth?
$10,000 invested in GDMA at its first recorded close on November 15, 2018 would be worth about $19,108 on October 23, 2026 with distributions reinvested.
What was the worst year for GDMA?
The worst calendar year was 2022, with a total return of −2.1%. The best was 2025 at +25.3%.
What is the biggest drawdown of GDMA?
The largest peak-to-trough decline was −16.7% between February 19, 2020 and March 18, 2020. It recovered to the old high on July 6, 2020, 4 months after the bottom.
How volatile is GDMA?
Over the past 3 years GDMA had an annualized volatility of 9.9% and a Sharpe ratio of 0.91 (excess return over 1–3 month T-bills per unit of risk).