WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN)
| Assets | n/a |
| NAV | n/a |
| Expense Ratio | n/a |
| PE Ratio | n/a |
| Shares Out | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | +4.85% |
| Volume | 10,074 |
| Open | 31.66 |
| Previous Close | 26.60 |
| Day's Range | 26.80 - 27.35 |
| 52-Week Low | 24.35 |
| 52-Week High | 36.56 |
| Beta | n/a |
| Holdings | 53 |
| Inception Date | Dec 16, 2021 |
About GDMN
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.
Top 10 Holdings
69.24% of assets| Name | Symbol | Weight |
|---|---|---|
| Newmont | NEM | 15.58% |
| Barrick Gold Corp | ABX.TO | 12.37% |
| Franco-Nevada Corp | FNV.TO | 8.88% |
| Wt Eff Gld Pl Gld Mine St Port Wt Eff Gld Pl Gld Mine St Por | N/A | 7.69% |
| Agnico Eagle Mines Ltd | AEM.TO | 7.10% |
| Newcrest Mining Ltd | NCM.AX | 4.33% |
| Wheaton Precious Metals Corp | WPM.TO | 3.86% |
| Gold Fields Ltd ADR | EDG.DE | 3.68% |
| Royal Gold | RGLD | 2.90% |
| AngloGold Ashanti | AU | 2.85% |
News
Why This Gold Miners ETF Matters Now
As Russia continues its armed assault on Ukraine, dragging global equity markets lower in the process, gold is doing its job for investors. For example, the yellow metal is flirting with record highs, a...
Market Volatility Could Boost Gold Miners
There's nothing like some geopolitical volatility to lift gold, and the Russia-Ukraine conflict is doing just that. Over the past week, the largest exchange traded fund backed by physical holdings of th...
As Investors Flock to Safe Havens, GDMN Climbs
Russia has attacked Ukraine, launching missiles and airstrikes in several cities within Ukraine in an offensive that Russian President Vladimir Putin has said has goals of demilitarizing the country and...
An Inflation Toolkit for Advisors From WisdomTree
It's a difficult season for advisors who are still working to create optimal portfolios for their clients in a time of rising interest rates, inflation, supply chain disruptions, and more. WisdomTree As...
Gold Might Be Surprisingly Solid This Year
Gold was one of the obvious surprises in the commodities complex last year, and not in a good way. Commodities surged in 2021, ranking as one of the year's best-performing asset classes, and that status...
Rookie Gold Miners ETF Could Find 2022 Groove
The WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) debuted last month, meaning the latest addition to the fray of gold miners exchange traded funds missed nearly all of the 2021 weaknes...
New ETF Brings Glittery Approach to Gold Miners
Amid low interest rates, higher commodities prices, and a soaring Consumer Price Index (CPI), gold and gold miners are disappointing investors this year, but plenty of market observers are wagering that...
GDMN: The Efficient Alternative
By Jeremy Schwartz, CFA Global Chief Investment Officer Follow Jeremy Schwartz @JeremyDSchwartz With historically low global interest rates but high inflation, investors are seeking portfolio diversifie...
WisdomTree Launches Efficient Gold Miners Strategy ETF, ‘GDMN'
On Thursday, WisdomTree Investments, Inc. announced the launch of the WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN), an actively managed ETF. GDMN invests in a portfolio comprised of g...