Wisdomtree Efficient Gold Etf Profile
| GDMN Etf | USD 31.55 0.41 1.32% |
Performance3 of 100
| Odds Of DistressLess than 9
|
WisdomTree Efficient is selling at 31.55 as of the 30th of November 2024; that is 1.32 percent increase since the beginning of the trading day. The etf's open price was 31.14. WisdomTree Efficient has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for WisdomTree Efficient Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund invests, either directly or through a wholly-owned subsidiary, in a portfolio comprised of U.S. Wisdomtree Efficient is traded on BATS Exchange in the United States. More on WisdomTree Efficient Gold
Moving together with WisdomTree Etf
WisdomTree Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Materials ETFs, Commodities Focused, WisdomTree (View all Sectors) |
| Issuer | WisdomTree |
| Inception Date | 2021-12-16 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 15.55 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Materials |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | WisdomTree Asset Management, Inc |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Marlene Walker-Smith, David France, Todd Frysinger, Vlasta Sheremeta, Michael Stoll |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Aug |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 62.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.45 |
| Management Fee | 0.45 |
| 200 Day M A | 29.9877 |
| Country Name | USA |
| 50 Day M A | 34.6027 |
| Code | GDMN |
| Updated At | 30th of November 2024 |
| Returns Y T D | 41.35 |
| Name | WisdomTree Efficient Gold Plus Gold Miners Strategy Fund |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG013ZGZJ35 |
| Type | ETF |
| 1y Volatility | 31.78 |
WisdomTree Efficient Gold [GDMN] is traded in USA and was established 2021-12-14. The fund is listed under Commodities Focused category and is part of WisdomTree family. The entity is thematically classified as Sector ETFs. WisdomTree Efficient Gold currently have 6.48 M in assets under management (AUM). , while the total return for the last year was 43.1%.
Check WisdomTree Efficient Probability Of Bankruptcy
Geographic Allocation (%)
WisdomTree Efficient Gold Currency Exposure
WisdomTree Efficient Gold holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of WisdomTree Efficient will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in WisdomTree Efficient Gold.
Top WisdomTree Efficient Gold Etf Constituents
| ELD | Eldorado Gold Corp | Stock | Materials | |
| SSRM | SSR Mining | Stock | Materials | |
| GMD | Genesis Minerals | Stock | Materials | |
| NST | Northern Star Resources | Stock | Materials | |
| PRU | Perseus Mining | Stock | Materials | |
| RRL | Regis Resources | Stock | Materials | |
| ABX | Barrick Gold Corp | Stock | Materials | |
| OGC | OceanaGold | Stock | Materials |
WisdomTree Efficient Gold Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in WisdomTree Efficient. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0292 | |||
| Jensen Alpha | 0.0724 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.02) |
WisdomTree Efficient Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WisdomTree Efficient Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of WisdomTree Efficient Gold is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree Efficient's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Efficient's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WisdomTree Efficient's market value can be influenced by many factors that don't directly affect WisdomTree Efficient's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WisdomTree Efficient's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Efficient is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Efficient's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.