GDMN vs. RING ETF Comparison
Comparison of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) to iShares MSCI Global Gold Miners Fund (RING)
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
RING
iShares MSCI Global Gold Miners Fund
RING Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI ACWI Select Gold Miners Investable Market Index (the "underlying index"). The fund generally invests at least 80% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities of companies primarily engaged in the business of gold mining in both developed and emerging markets. The fund is non-diversified.Grade (RS Rating)
Last Trade
$31.41
Average Daily Volume
359,364
2
Performance
Period | GDMN | RING |
---|---|---|
30 Days | -10.33% | -12.36% |
60 Days | -2.25% | -6.71% |
90 Days | 4.28% | -4.15% |
12 Months | 61.14% | 40.64% |
GDMN Underweight 0 Positions Relative to RING
Symbol | Grade | Weight |
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GDMN: Top Represented Industries & Keywords
RING: Top Represented Industries & Keywords