AG vs. GDXJ
Compare and contrast key facts about First Majestic Silver Corp. (AG) and VanEck Vectors Junior Gold Miners ETF (GDXJ).
GDXJ is a passively managed fund by VanEck that tracks the performance of the MVIS Global Junior Gold Miners Index. It was launched on Nov 10, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AG or GDXJ.
Key characteristics
| AG | GDXJ | |
|---|---|---|
| YTD Return | 2.67% | 21.29% |
| 1Y Return | 38.60% | 42.25% |
| 3Y Return (Ann) | -22.94% | -0.39% |
| 5Y Return (Ann) | -10.01% | 5.17% |
| 10Y Return (Ann) | 1.89% | 7.05% |
| Sharpe Ratio | 0.63 | 1.13 |
| Sortino Ratio | 1.30 | 1.70 |
| Omega Ratio | 1.15 | 1.20 |
| Calmar Ratio | 0.46 | 0.53 |
| Martin Ratio | 1.82 | 4.85 |
| Ulcer Index | 20.87% | 8.44% |
| Daily Std Dev | 60.76% | 36.17% |
| Max Drawdown | -90.20% | -88.66% |
| Current Drawdown | -75.16% | -66.01% |
Correlation
The correlation between AG and GDXJ is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AG vs. GDXJ - Performance Comparison
In the year-to-date period, AG achieves a 2.67% return, which is significantly lower than GDXJ's 21.29% return. Over the past 10 years, AG has underperformed GDXJ with an annualized return of 1.89%, while GDXJ has yielded a comparatively higher 7.05% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
AG vs. GDXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Majestic Silver Corp. (AG) and VanEck Vectors Junior Gold Miners ETF (GDXJ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AG vs. GDXJ - Dividend Comparison
AG's dividend yield for the trailing twelve months is around 0.28%, less than GDXJ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
AG First Majestic Silver Corp. | 0.28% | 0.34% | 0.31% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GDXJ VanEck Vectors Junior Gold Miners ETF | 0.60% | 0.72% | 0.51% | 1.78% | 1.58% | 0.39% | 0.45% | 0.03% | 4.78% | 0.72% | 0.74% |
Drawdowns
AG vs. GDXJ - Drawdown Comparison
The maximum AG drawdown since its inception was -90.20%, roughly equal to the maximum GDXJ drawdown of -88.66%. Use the drawdown chart below to compare losses from any high point for AG and GDXJ. For additional features, visit the drawdowns tool.
Volatility
AG vs. GDXJ - Volatility Comparison
First Majestic Silver Corp. (AG) has a higher volatility of 19.99% compared to VanEck Vectors Junior Gold Miners ETF (GDXJ) at 10.80%. This indicates that AG's price experiences larger fluctuations and is considered to be riskier than GDXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.