WisdomTree Efficient Gold Plus Gold Miners… (GDMN) Performance
GDMN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −20.9% since Dec 31, 2025
- 1 year
- −6.7% total return
- 3 years
- +55.2% a year
- Since first price
- +29.2% a year since 2021
GDMN trailing returns vs SPY, QQQ, AGG
| Period | GDMN total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −18.6% | −18.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.3% | +1.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −27.4% | −27.4% | +7.8% | +8.4% | −1.5% |
| YTD | −20.9% | −20.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −6.7% | −9.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +273.5%+55.2%/yr | +209.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionDec 16, 2021 | +246.8%+29.2%/yr | +182.9% | — | — | — |
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: GDMN vs SPY
From Dec 16, 2021: GDMN grew to $34,678, SPY to $17,420.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GDMN returns by calendar year
3 of 4 full years positive. Best 2025 (+237.1%), worst 2022 (−14.6%). 2026 is year to date.
GDMN annual returns table
| Year | GDMN | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −20.9% | −52.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +237.1% | −23.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +28.2% | −25.1% | +24.9% | +25.6% | +1.3% |
| 2023 | +13.0% | −35.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −14.6% | −52.8% | −18.2% | −32.6% | −13.0% |
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.
GDMN largest drawdowns
Now 48.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 18, 2022 | −52.8% | Sep 26, 2022 | Jul 16, 2024 | 5 months | 2.2 years |
| Jan 28, 2026 | −52.0% | Jul 20, 2026 | not yet | 6 months | 9 months so far |
| Oct 22, 2024 | −25.1% | Dec 19, 2024 | Feb 10, 2025 | 58 days | 4 months |
| Oct 16, 2025 | −23.7% | Nov 4, 2025 | Dec 11, 2025 | 19 days | 56 days |
| Apr 21, 2025 | −18.2% | May 14, 2025 | Jun 2, 2025 | 23 days | 42 days |
| Apr 2, 2025 | −13.8% | Apr 7, 2025 | Apr 10, 2025 | 5 days | 8 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GDMN risk statistics
| Statistic | 3 years | Since 2021 |
|---|---|---|
| Annualized return | +69.1% | +31.9% |
| Volatility (annualized) | 51.7% | 49.5% |
| Sharpe ratio | 1.20 | 0.72 |
| Sortino ratio | 2.39 | 1.35 |
| Best month | +36.5% | +36.5% |
| Worst month | −27.7% | −27.7% |
| Best 12 months | +325.5% | +325.5% |
| Worst 12 months | +8.0% | −25.1% |
| Positive months | 61% | 53% |
| Beta vs S&P 500 | 0.07 | — |
| Correlation with S&P 500 | 0.02 | — |
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.
GDMN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 47 | −25.1% | +43.0% | +325.5% | 85% |
| 3-year (a year) | 23 | +7.3% | +57.4% | +97.5% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
GDMN performance overview
WisdomTree Efficient Gold Plus Gold Miners… (GDMN) returned −6.7% over the past year, with distributions reinvested. Since its first recorded price in 2021 it has returned +29.2% a year, turning $10,000 into about $34,678. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −52.8%, from Apr 18, 2022 to Sep 26, 2022, and it took 1.8 years to get back to the old high. GDMN finished 3 of its 4 full calendar years with a gain; the best year was 2025 (+237.1%) and the worst 2022 (−14.6%). Volatility has been 49.5% a year.
Related: GDMN chart, GDMN holdings, GDMN dividends. See the GDMN overview for the latest quote and fund facts.
GDMN performance FAQ
What is the GDMN return over the past year?
GDMN returned −6.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 9.7%.
How much would $10,000 invested in GDMN be worth?
$10,000 invested in GDMN at its first recorded close on December 16, 2021 would be worth about $34,678 on October 23, 2026 with distributions reinvested.
What was the worst year for GDMN?
The worst calendar year was 2022, with a total return of −14.6%. The best was 2025 at +237.1%.
What is the biggest drawdown of GDMN?
The largest peak-to-trough decline was −52.8% between April 18, 2022 and September 26, 2022. It recovered to the old high on July 16, 2024, 1.8 years after the bottom.
How volatile is GDMN?
Over the past 3 years GDMN had an annualized volatility of 51.7% and a Sharpe ratio of 1.20 (excess return over 1–3 month T-bills per unit of risk).