The WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) is an alternatives ETF with $0.24 billion in assets under management. GDMN offers exposure to both U.S.-listed gold futures contracts and global gold mining equities. With an expense ratio of 0.45%, GDMN provides a focused approach to investing in the gold market by combining direct gold exposure with the potential upside of gold mining companies, differentiating it from broader commodity or equity ETFs.
WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) ETF — Price, Holdings & Analysis
The WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) is an alternatives ETF with $0.24 billion in assets under management. GDMN offers exposure to both U.S.-listed gold futures contracts and global gold mining equities. With an expense ratio of 0.45%, GDMN provides a focused approach to investing in the gold market by combining direct gold exposure with the potential upside of gold mining companies, differentiating it from broader commodity or equity ETFs.
ETF Overview
The fund invests, either directly or through a wholly-owned subsidiary, in a portfolio comprised of (i) U.S.-listed gold futures contracts and (ii) global equity securities issued by companies that derive at least 50% of their revenue from the gold mining business. The fund will invest in a representative basket of global equity securities issued by Gold Miners generally weighted by market capitalization. The fund may invest in U.S. Treasury securities and other liquid short-term investments as collateral for its U.S.-listed gold futures contracts. The fund is non-diversified.
GDMN seeks to provide a comprehensive approach to investing in gold by combining exposure to gold futures contracts with global gold mining equities. The fund invests in U.S.-listed gold futures contracts and a representative basket of global equity securities issued by companies that derive at least 50% of their revenue from gold mining. This strategy allows investors to gain exposure to the price of gold while also participating in the potential growth of gold mining companies. The fund's top holdings include Anglogold Ashanti PLC (8.54%), Agnico Eagle Mines Ltd (8.22%), and Newmont Corp (7.85%). The fund is non-diversified and primarily invests in the basic materials sector, with significant exposure to Canada (33.4%), the United States (16.9%), and Australia (10.9%). GDMN may also invest in U.S. Treasury securities as collateral for its gold futures contracts.
Risk Metrics
GDMN carries several risks inherent in its investment strategy. As a non-diversified fund, it is subject to concentration risk, with a significant portion of its assets invested in a small number of holdings. The fund's sector allocation is entirely focused on basic materials, making it highly sensitive to fluctuations in the gold market and the performance of gold mining companies. With a beta of 0.53, GDMN exhibits lower volatility compared to the broader market. The expense ratio of 0.45% can create a drag on performance over time, particularly in periods of low returns. Investors should be aware of these risks before investing in GDMN. Past performance does not guarantee future results.
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Risk Metrics
Beta: 0.53
Questions & Answers
What is GDMN and what does it track?
The WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) is an ETF that seeks to provide exposure to both gold and gold mining companies. It invests in U.S.-listed gold futures contracts and global equity securities issued by companies that derive at least 50% of their revenue from the gold mining business. The fund aims to offer a comprehensive approach to investing in gold by combining direct gold exposure with the potential upside of gold mining companies. GDMN's top holdings include companies like Anglogold Ashanti PLC and Agnico Eagle Mines Ltd.
What is the expense ratio for GDMN?
The expense ratio for the WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) is 0.45%. This means that for every $10,000 invested in the fund, $45 is charged annually to cover operating expenses. While there isn't a definitive category average for this specific blend of gold futures and gold miners, the expense ratio is in line with other specialized commodity and sector ETFs. the may be worth researching expense ratio as part of their overall investment decision.
What are the top holdings in GDMN?
The top holdings in the WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) are concentrated in leading gold mining companies. As of 2026-03-15, the top three holdings are Anglogold Ashanti PLC (8.54%), Agnico Eagle Mines Ltd (8.22%), and Newmont Corp (7.85%). These companies represent a significant portion of the fund's assets, reflecting its focus on global gold mining equities. Investors should review the complete list of holdings to understand the fund's overall exposure.
Is GDMN a good long-term investment?
Whether GDMN is a suitable long-term investment depends on an investor's individual circumstances and risk tolerance. The fund offers exposure to both gold futures and gold mining companies, which can be attractive during periods of economic uncertainty or inflation. However, the fund is non-diversified and concentrated in the basic materials sector, which can increase volatility. With a beta of 0.53, GDMN exhibits lower volatility compared to the broader market. Investors should carefully consider these factors before making a long-term investment decision. Past performance does not guarantee future results.
How does GDMN compare to similar ETFs?
GDMN distinguishes itself through its strategy of combining gold futures contracts with gold mining equities. Many gold ETFs focus solely on physical gold or gold mining companies. GDMN's expense ratio is 0.45%. The fund has $0.24 billion in assets under management. Investors should compare GDMN's strategy, expense ratio, and AUM to those of other gold ETFs to determine which fund best aligns with their investment goals.
Does GDMN pay dividends?
As of 2026-03-15, the WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing any dividends to its shareholders. Investors seeking income from their investments may want to consider other ETFs with a higher dividend yield. The fund's focus is primarily on capital appreciation through exposure to gold and gold mining companies.