GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund

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$72.91
+1.2% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

Over the year to Oct 28, 2026, GDMN returned 7.6%.

Holds 54 stocks in gold miners, 11% of its weight in S&P 500 companiesWisdomTree ↗Expense ratio 0.45%Fund assets $210m net assets, latest filing (May 31, 2026)First traded Dec 16, 2021Benchmark Its own holdings, as of May 31, 2026; its prospectus compares it with the S&P 500 Index, but its daily returns fit VOO's at R-squared 0.226 over the year to Oct 28, 2026 (251 days), under the 0.35 it needs to return to itFund page at the issuer ↗SEC filings ↗Every WisdomTree fund ETFIQ coversDividend history

Promise check: Not measuredIts theme exposure is measured once ETFIQ defines its theme company by company.

GDMN risk and return scorecard

vs its own holdings

Not measured: its benchmark is its own holdings, which has no weekly price series.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Money in and out

Net fund flows · May 31, 2026
12 months to May 31, 2026
+$119m
3 years to May 31, 2026
+$139m
Since Dec 2021
+$148m

What you earned

GDMN −4.9%: total return over one month to Oct 28, 2026.
GDMN−4.9%
GDMN +9.2%: total return over three months to Oct 28, 2026.
GDMN+9.2%
GDMN −15.7%: total return over six months to Oct 28, 2026.
GDMN−15.7%
GDMN −15.9%: total return over the year to Oct 28, 2026.
GDMN−15.9%
GDMN +7.6%: total return over one year to Oct 28, 2026.
GDMN+7.6%
GDMN +293.7%: total return over three years to Oct 28, 2026.
GDMN+293.7%
GDMN +269.0%: total return since launch to Oct 28, 2026.
GDMN+269.0%

What did you actually buy?

Gold miners · holdings as of May 31, 2026
10.9%
Already in the S&P 500
99.8%
Active share vs the S&P 500
53.3%
Top ten holdings
+7.6%
Total return, 1 year
7.6%
12-month yield, capital gains included, on its starting price
$5.2793
Last payment (paid annually), ex-date Oct 27, 2026
Share already in the S&P 500
10.9% of the fund by weight, holdings as of May 31, 2026.
Ten largest holdings
NEWMONT CORP10.9%
BARRICK MINING CORP7.2%
AGNICO EAGLE MINES LTD7.0%
ANGLOGOLD ASHANTI PLC5.5%
KINROSS GOLD CORP5.1%
GOLD FIELDS LTD4.2%
WHEATON PRECIOUS METALS CORP3.8%
FRANCO-NEVADA CORP3.5%
PAN AMERICAN SILVER CORP3.5%
EVOLUTION MINING LTD2.7%

More on GDMN

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Price and total return, 1 year

$72.91+1.2%1 day, priceClose, Oct 28, 2026

Total return adds every distribution, reinvested. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Oct 28, 2026. Updated every trading night. Report a data error

GDMN returns by window: total return, cash paid and price change
WindowTotal returnS&P 500 (SPY)
1M Sep 28 – Oct 28, 2026−4.9%+0.9%
3M Jul 29 – Oct 28, 2026+9.2%+6.1%
6M Apr 29 – Oct 28, 2026−15.7%+9.1%
YTD Dec 31, 2025 – Oct 28, 2026−15.9%+14.1%
1Y Oct 28, 2025 – Oct 28, 2026+7.6%+13.6%
3Y Oct 27, 2023 – Oct 28, 2026+293.7%+95.0%
Since launch Dec 16, 2021 – Oct 28, 2026+269.0%+77.1%
Since launch, annualised Dec 16, 2021 – Oct 28, 2026+30.8%–

Total returns, distributions reinvested.

Source: Tiingo end-of-day prices, with distributions reinvested.

Money in and out

Monthly data · as of May 31, 2026

GDMN: in the month to May 31, 2026, net $5.3m went out, by its SEC filing.

12 months
+$119m
325.3% of $36.6m on May 31, 2025
Jun 1, 2025 to May 31, 2026
monthly, from SEC filings
3 years
+$139m
1,823.5% of $7.6m on May 31, 2023
Jun 1, 2023 to May 31, 2026
monthly, from SEC filings
Since Dec 2021
+$148m
Dec 1, 2021 to May 31, 2026
monthly, from SEC filings

Computed by ETFIQ from the monthly sales and redemptions GDMN files with the SEC on Form N-PORT.

How this is computed

ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is May 2026. Every day and month ETFIQ holds for GDMN, back to Dec 2021, is in its flows file. Flows across every fund · How these flows are computed · Compare GDMN with other funds in the flows tool

Month by month, money in and money outJun 2023 to May 2026

GDMN, money in and money out each month from Jun 2023 to May 2026: two bars a month, money in above the line and money out below. Every bar is from GDMN’s SEC filings (N-PORT item B.6). Of the 36 months listed, money came in on net in 12 and went out in 3.

Every bar is from GDMN’s SEC filings (N-PORT item B.6). Of the 36 months listed, money came in on net in 12 and went out in 3.

MonthInOutNet
May 2026 SEC Form N-PORT$0−$5.3m−$5.3m
Apr 2026 SEC Form N-PORT+$5.3m$0+$5.3m
Mar 2026 SEC Form N-PORT+$5.6m$0+$5.6m
Feb 2026 SEC Form N-PORT$0$0$0
Jan 2026 SEC Form N-PORT+$23.4m$0+$23.4m
Dec 2025 SEC Form N-PORT+$13.5m$0+$13.5m
Nov 2025 SEC Form N-PORT+$2k−$11.5m−$11.5m
Oct 2025 SEC Form N-PORT+$41.5m−$33.8m+$7.7m
Sep 2025 SEC Form N-PORT+$68.8m$0+$68.8m
Aug 2025 SEC Form N-PORT+$11.4m$0+$11.4m
Jul 2025 SEC Form N-PORT$0$0$0
Jun 2025 SEC Form N-PORT$0$0$0
May 2025 SEC Form N-PORT$0$0$0
Apr 2025 SEC Form N-PORT+$9.3m−$1.9m+$7.3m
Mar 2025 SEC Form N-PORT+$6.1m$0+$6.1m
Feb 2025 SEC Form N-PORT+$1k$0+$1k
Jan 2025 SEC Form N-PORT+$1.6m−$2.9m−$1.2m
Dec 2024 SEC Form N-PORT$0$0$0
Nov 2024 SEC Form N-PORT$0$0$0
Oct 2024 SEC Form N-PORT+$7.4m−$141+$7.4m
Sep 2024 SEC Form N-PORT$0$0$0
Aug 2024 SEC Form N-PORT+$1.7m−$1.5m+$191k
Jul 2024 SEC Form N-PORT$0$0$0
Jun 2024 SEC Form N-PORT$0$0$0
May 2024 SEC Form N-PORT$0$0$0
Apr 2024 SEC Form N-PORT$0$0$0
Mar 2024 SEC Form N-PORT$0$0$0
Feb 2024 SEC Form N-PORT$0$0$0
Jan 2024 SEC Form N-PORT$0$0$0
Dec 2023 SEC Form N-PORT$0$0$0
Nov 2023 SEC Form N-PORT$0$0$0
Oct 2023 SEC Form N-PORT$0$0$0
Sep 2023 SEC Form N-PORT$0$0$0
Aug 2023 SEC Form N-PORT$0$0$0
Jul 2023 SEC Form N-PORT$0$0$0
Jun 2023 SEC Form N-PORT$0$0$0

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of May 31, 2026. Updated when the fund files its next report.

GDMN key stats

52-week high, daily closes to Oct 28, 2026 (ETFIQ)$141.70 on Jan 28, 2026
52-week low, daily closes to Oct 28, 2026 (ETFIQ)$67.99 on Jul 20, 2026
Close on Oct 28, 2026, within that range (ETFIQ)$72.91, 7% of the way from the low to the high
Holdings54
Top ten holdings weight53.3%
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Sep 11, 2026
Trading · GDMNas of Sep 11, 2026
·
Not scored1 of 6 measured · Sep 11, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
Premium or discount to NAV, Sep 11 close−0.61%
−0.8%95% of days within ±0.61% · the 1% band is off this scale+0.8%
How to tradeSpread not read.Its holdings close before New York; its price can drift from value late in the day.
Full trading page: components, premium history, dealers →

GDMN top ten by weight, 53.3% of the fund, of its 54 equity positions, from the holdings filed for May 31, 2026. Source: the fund’s SEC filing.

Source: Holdings filing (SEC Form N-PORT).

About GDMN

Theme (ETFIQ, editorial)Gold miners
First tradedDec 16, 2021
Already in the S&P 500, by weight (ETFIQ)10.9%
Outside the S&P 500, by weight (ETFIQ)89%
Active share vs the S&P 500 (ETFIQ)99.8%
Already in the Nasdaq-100, by weight (ETFIQ)0.0%
Active share vs the Nasdaq-100 (ETFIQ)100.0%
Top ten holdings weight53.3%
Holdings54
Holdings as of (SEC N-PORT)May 31, 2026
Top holdingsNEWMONT CORP 10.9%, BARRICK MINING CORP 7.2%, AGNICO EAGLE MINES LTD 7.0%, ANGLOGOLD ASHANTI PLC 5.5%, KINROSS GOLD CORP 5.1%, GOLD FIELDS LTD 4.2%, WHEATON PRECIOUS METALS CORP 3.8%, FRANCO-NEVADA CORP 3.5%, PAN AMERICAN SILVER CORP 3.5%, EVOLUTION MINING LTD 2.7%
Net assets (SEC filing, whole fund, as filed for May 31, 2026)$210mReport
Benchmark (ETFIQ, from its filings)Its own holdings, as of May 31, 2026; its prospectus compares it with the S&P 500 Index, but its daily returns fit VOO's at R-squared 0.226 over the year to Oct 28, 2026 (251 days), under the 0.35 it needs to return to it
Below its all-time high (ETFIQ)−44.8%
Expense ratio (497 XBRL, Dec 31, 2025)0.45%Report
Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ)0.45%
Closest funds by holdings overlapAUAU 75%, GDX 74%, RING 62%, SGDM 55%, GBUG 36%
Below its all-time high44.8%, high on Jan 28, 2026
How we measure
The top ten holdings are 53% of the fund across 54 positions, as filed for May 31, 2026. Over the year to Oct 28, 2026 the fund returned +7.6% with distributions reinvested. It sits 44.8% below its all-time high of Jan 28, 2026.
Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested. Method
IQ Investment Committee on GDMN

12 seats on GDMN, as of Oct 28, 2026: 6 Challenges, 6 Not enough data.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherChallenges
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingChallenges
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatChallenges
Put GDMN to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about GDMN

How much of GDMN is in S&P 500 companies?
By its holdings filed for May 31, 2026, 11% of GDMN by weight is stocks the S&P 500 already holds. Its active share against the index is 100%, so that share is the part doing something different.
What does GDMN hold?
54 positions as filed for May 31, 2026, with the top ten at 53% of the fund. The largest are NEWMONT CORP at 10.9%, BARRICK MINING CORP at 7.2%, AGNICO EAGLE MINES LTD at 7.0%.
Has GDMN beaten the S&P 500?
Over the year to Oct 28, 2026 GDMN returned +7.6% with distributions reinvested, against +13.6% for the S&P 500, so it finished behind the index by 6.0 points.
What does GDMN cost?
The prospectus expense ratio is 0.45% a year. Because 100% of the fund differs from the S&P 500, the fee on that differing part works out at 0.45%.
Sources and dates
Prices, GDMN and S&P 500 (SPY)Tiingo end-of-day · Oct 28, 2026
Net assets, $210mSEC filing, whole fund · May 31, 2026

Links are sources, not endorsements.

Cite this pageCitation, APA and Markdown

ETFIQ, GDMN, thematic ETFs, data as of Oct 28, 2026. https://etfiq.com/funds/gdmn

The difference bar for GDMN, redrawn every trading night.

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

How differently the money is placed, counting weights: one minus the sum of the smaller weight of each security across the fund and the index. 100% means nothing in common; 0% means the index itself. Two funds can hold the same names and still have a high active share if they weight them very differently.
Weight overlap
The share of money two portfolios hold in the same securities at the same weight.
Already in the index
The fund’s weight in securities the S&P 500 holds at all. A fund can be made entirely of index names and still have high active share, because it holds them at different weights.
The weight of the ten largest holdings. Above 50% the fund is a bet on a handful of companies, whatever the theme.
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GDMN: 11% of GDMN's weight is in S&P 500 companies and 89% is outside the index. Holdings as of May 31, 2026.
<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/gdmn"><img src="https://etfiq.com/assistant/api/embed/themes/gdmn.svg" alt="GDMN: 11% of GDMN&#x27;s weight is in S&amp;P 500 companies and 89% is outside the index. Holdings as of May 31, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">GDMN: 11% of GDMN&#x27;s weight is in S&amp;P 500 companies and 89% is outside the index. Holdings as of May 31, 2026. Data: <a href="https://etfiq.com/funds/gdmn">ETFIQ</a></figcaption>
</figure>

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