GDMA ETF: What Is It? A Complete Guide to Returns, Expense Ratio, Holdings and Alternative ETFs
The Gadsden Dynamic Multi-Asset ETF (GDMA) is an actively managed fund that invests across U.S. and international equities, bonds, currencies and REITs, combining macro-based strategic allocation with short-term tactical adjustments. Its management fee and distribution pattern are the key selection criteria.
SubscribeWhat Is the Gadsden Dynamic Multi-Asset ETF?
This is an actively managed multi-asset ETF that dynamically allocates across a range of asset classes, including U.S. and international equities, bonds, currencies and REITs. Rather than simply tracking a specific index, it follows an asset allocation strategy that adjusts asset weights according to the macroeconomic environment.
It suits investors who want diversification across multiple assets and active allocation in a single holding, instead of concentrating in one asset class.
It is an ETF run with an active management approach by Gadsden.
How Does the Gadsden Dynamic Multi-Asset ETF Invest?
| Item | Details |
|---|---|
| Tracking Index | None (active asset allocation) |
| Management Style | Active (dynamic asset allocation) |
| Rebalancing Frequency | As needed, at the manager's discretion |
| Distribution Frequency | Regular distributions |
| Total Expense Ratio | 0.75% |
A significant portion of assets is managed in a strategic allocation sleeve based on a long-term macro view, while the remaining portion is managed in a tactical adjustment sleeve that raises or lowers asset class weights according to short-term market views. The fund covers a broad range of asset classes, including U.S. equities, international securities, currencies, bonds and REITs.
- A dual structure combining strategic allocation and tactical adjustment
- Active asset allocation that bundles multiple asset classes into a single holding
Gadsden Dynamic Multi-Asset ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) stand at $193.2M, and the total expense ratio is 0.75% per year.
Unlike ETFs that track a single index, the management team's asset allocation decisions are directly reflected in performance.
Gadsden Dynamic Multi-Asset ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeBecause of its structure, which spreads investments across multiple asset classes, the fund tends to show smoother volatility than a single equity index, and its trend varies depending on allocation decisions and market conditions. Specific returns fluctuate over time.
Demand for diversification and active allocation in a single holding underpins its fund flows, and interest in multi-asset diversified products tends to rise relatively during periods of heightened market volatility.
Gadsden Dynamic Multi-Asset ETF Strengths and Weaknesses
Its strengths are diversification across multiple asset classes and active allocation, while its weaknesses are the fee burden that comes with active management and dependence on manager performance.
💪 Key Strengths
⚠️ Points to Watch
Gadsden Dynamic Multi-Asset ETF Alternatives and Related Products
Comparable funds in the same asset allocation and multi-asset category, as shown in the table, include CGBL, ALLW and DRSK, each with a different expense ratio and management approach. As other diversified alternatives, you can also consider asset allocation ETFs such as AOR, a traditional core ETF blending equities and bonds, AOM, with a conservative allocation, and AOA, with a higher weighting in risk assets.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 IALT | iShares Systematic Alternatives Active ETF | $29.41 | -0.2% | $7.9B | 0.99% | 0.27% | - |
 CGBL | Capital Group Core Balanced ETF | $36.76 | +0.2% | $7.9B | 0.33% | 1.96% | +5.5% |
 ALLW | State Street Bridgewater All Weather ETF | $28.99 | -0.2% | $1.8B | 0.85% | 4.43% | +1.2% |
 RLY | State Street Multi-Asset Real Return ETF | $36.94 | -1.2% | $1.4B | 0.50% | 2.91% | +19.2% |
 RAAX | VanEck Real Assets ETF | $39.29 | -0.9% | $1.4B | 0.55% | 2.08% | +13.7% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
 AAEQ | Alpha Architect US Equity 2 ETF | 0.66% | $53.62 | -0.7% | $0.0M | - | 0.09% |
 BSV | Vanguard Short-Term Bond ETF | 0.65% | $76.80 | -0.4% | $0.0M | - | 4.11% |
 USDU | WisdomTree Bloomberg U.S. Dollar Bullish Fund | 0.05% | $27.13 | -0.3% | $0.0M | - | 3.65% |
 UUP | Invesco DB US Dollar Index Bullish Fund | 0.04% | $28.96 | -0.1% | $0.0M | - | - |
 XLP | State Street Consumer Staples Select Sector SPDR ETF | 0.04% | $90.83 | +1.6% | $0.0M | - | 2.42% |
 XLE | State Street Energy Select Sector SPDR ETF | 0.04% | $67.25 | -4.0% | $0.0M | - | 2.26% |
 DRAM | Roundhill Memory ETF | 0.03% | $46.32 | -3.5% | $0.0M | - | - |
 KBE | State Street SPDR S&P Bank ETF | 0.03% | $67.23 | +2.3% | $0.0M | - | 2.19% |
Gadsden Dynamic Multi-Asset ETF Investor Checkpoints
Here are the points to review before investing in GDMA. Since it is an active multi-asset allocation product, it is wise to thoroughly confirm its fees, management approach and asset class exposure in advance.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| 💵 Expense Ratio | Check the long-term cumulative impact of active management fees | Needs confirmation |
| 🧭 Management Style | A structure in which performance depends on allocation decisions | Active management |
| 📊 Asset Class Exposure | Review the composite exposure to equities, bonds, currencies, REITs and more | Composite assets |
| 💱 Exchange Rate | Currency impact from overseas asset and currency exposure | Hedging needs confirmation |
If allocation decisions miss the mark, the fund can underperform simple index tracking, and exposure to multiple asset classes means taking on interest rate, currency and equity fluctuations at the same time. The burden of active management fees also affects long-term performance.
It is a suitable choice for investors who want diversification across multiple asset classes and active allocation in a single holding. If low-cost, simple index exposure is the priority, a passive core ETF may be the better fit, while GDMA can be considered if active multi-asset allocation is the goal.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of June 18, 2026.
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