GDMN vs. GDX ETF Comparison
Comparison of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) to Market Vectors Gold Miners ETF (GDX)
GDMN
WisdomTree Efficient Gold Plus Gold Miners Strategy Fund
GDMN Description
WisdomTree Efficient Gold Plus Gold Miners Strategy Fund is an exchange traded fund launched by WisdomTree Investments, Inc. The fund is co-managed by Mellon Investments Corporation and WisdomTree Asset Management, Inc. It invests in public equity and commodity markets of global region. For its equity portion, the fund invests in stocks of companies operating across materials, metals and mining, gold sectors. It invests in growth and value stocks of companies across diversified market capitalization. For its commodity portion, the fund invests through derivatives in gold. It uses derivatives such as futures to create its portfolio. The fund also seeks to invest in gold futures through its wholly-owned Cayman Islands subsidiary. WisdomTree Trust - WisdomTree Efficient Gold Plus Gold Miners Strategy Fund is domiciled in the United States.
Grade (RS Rating)
Last Trade
$32.77
Average Daily Volume
11,077
7
GDX
Market Vectors Gold Miners ETF
GDX Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts of companies involved in the gold mining industry. Such companies may include medium-capitalization companies and foreign issuers. The fund normally invests at least 80% of its total assets in securities that comprise the Gold Miners Index. It may also utilize convertible securities and participation notes to seek performance that corresponds to the Gold Miners Index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$38.28
Average Daily Volume
22,015,302
9
Performance
| Period | GDMN | GDX |
|---|---|---|
| 30 Days | -10.33% | -11.51% |
| 60 Days | -2.25% | -5.08% |
| 90 Days | 4.28% | -2.69% |
| 12 Months | 61.14% | 33.02% |
GDMN Overweight 0 Positions Relative to GDX
| Symbol | Grade | Weight |
|---|
GDMN: Top Represented Industries & Keywords
GDX: Top Represented Industries & Keywords
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