GDMN vs QQQ
WisdomTree Efficient Gold Plus Gold Miners Strategy Fund ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. GDMN delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | GDMN | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.18% | |
| AUM | $182M | $496.3B | |
| Dividend Yield | 3.49% | 0.44% | |
| Holdings | 63 | 108 | |
| YTD Return | +14.26% | +16.64% | |
| 1Y Return | +94.54% | +27.27% | |
| 3Y Return (annualized) | +79.69% | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 51.1% | 30.6% | |
| Max Drawdown | -52.8% | -83.0% | |
| Fund Family | WisdomTree Investments | Invesco (US) | |
| Category | Commodity | Equity | |
| Inception | Dec 16, 2021 | Mar 10, 1999 |
GDMN vs QQQ Performance
WisdomTree Efficient Gold Plus Gold Miners Strategy Fund ETF (GDMN) is a ETF from WisdomTree Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GDMN returned +94.54% while QQQ returned +27.27%. Year to date, GDMN is up 14.26% versus a gain of 16.64% for QQQ.
Over three years, GDMN compounded at +79.69% per year against +25.96% for QQQ. Across the full 5-year window we track, GDMN has the edge at +41.12% annualized vs +13.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GDMN has been the more volatile fund, with annualized monthly volatility of 51.1% compared with 30.6% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -52.8% for GDMN and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.14. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GDMN charges 0.45% per year while QQQ charges 0.18%. On a $10,000 position that is $45 vs $18 annually, a gap of $27 per year that compounds over a long holding period. On income, GDMN currently yields 3.49% against 0.44% for QQQ.
Holdings Overlap
GDMN and QQQ share 0 holdings out of 157 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GDMN or QQQ?
GDMN has an expense ratio of 0.45% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, GDMN or QQQ?
Over the past year GDMN returned +94.54% vs +27.27% for QQQ, so GDMN leads on 1-year performance. Over the longest common window we track (5 years), GDMN annualized +41.12% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, GDMN or QQQ?
GDMN has been the more volatile fund at 51.1% annualized versus 30.6% for QQQ. Worst drawdown: GDMN -52.8% vs QQQ -83.0%.
Should I hold both GDMN and QQQ?
GDMN and QQQ have a monthly-return correlation of 0.14, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GDMN and QQQ?
GDMN and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 157 unique securities.
Which pays a higher dividend, GDMN or QQQ?
GDMN yields 3.49% while QQQ yields 0.44%, so GDMN currently pays the higher dividend yield.
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