AGI vs. GDX
AGI (Alamos Gold Inc.) is a stock, while GDX (VanEck Gold Miners ETF) is Gold fund tracking the NYSE MarketVector Global Gold Miners Index. Over the past 10 years, AGI returned 12.25%/yr vs 10.07%/yr for GDX. Their 0.72 correlation means they have sometimes moved together and sometimes differently.
Performance
AGI vs. GDX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AGI achieves a -27.72% return, which is significantly lower than GDX's -13.61% return. Over the past 10 years, AGI has outperformed GDX with an annualized return of 12.25%, while GDX has yielded a comparatively lower 10.07% annualized return.
AGI
- 1D
- -2.01%
- 1M
- -11.87%
- 6M
- -24.43%
- YTD
- -27.72%
- 1Y
- 12.29%
- 3Y*
- 33.49%
- 5Y*
- 28.93%
- 10Y*
- 12.25%
- ALL TIME*
- 16.33%
GDX
- 1D
- -3.49%
- 1M
- -5.52%
- 6M
- -21.34%
- YTD
- -13.61%
- 1Y
- 42.30%
- 3Y*
- 36.42%
- 5Y*
- 17.86%
- 10Y*
- 10.07%
- ALL TIME*
- 4.56%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $133.64M | $126.71M | $144.32M | |
| $1.26B | $1.34B | $1.78B |
AGI vs. GDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGI Alamos Gold Inc. | -27.72% | 109.93% | 37.72% | 34.33% | 33.11% | -11.00% | 46.75% | 68.42% | -44.49% | -4.57% |
GDX VanEck Gold Miners ETF | -13.61% | 154.77% | 10.63% | 9.98% | -9.01% | -9.52% | 23.66% | 39.84% | -8.77% | 11.99% |
Correlation
The correlation between AGI and GDX is 0.88, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.88 |
Correlation (3Y) Balances recent behavior with more history. | 0.87 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.87 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.84 |
Correlation (All Time) Calculated using the full available price history since May 22, 2006 | 0.72 |
The correlation between AGI and GDX shifts across timeframes, from 0.72 (all time) to 0.88 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AGI vs. GDX — Risk / Return Rank
AGI
GDX
AGI vs. GDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alamos Gold Inc. (AGI) and VanEck Gold Miners ETF (GDX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AGI | GDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.18 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.30 | 1.15 | -0.85 |
| Martin ratioReturn relative to average drawdown | 0.70 | 2.48 | -1.78 |
Loading charts...
Drawdowns
AGI vs. GDX - Drawdown Comparison
The maximum AGI drawdown since its inception was -88.13%, which is greater than GDX's maximum drawdown of -80.34%. Use the drawdown chart below to compare losses from any high point for AGI and GDX.
Loading charts...
Drawdown Indicators
| AGI | GDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.13% | -80.34% | -7.79% |
Max Drawdown (1Y)Largest decline over 1 year | -49.60% | -38.93% | -10.67% |
Max Drawdown (3Y)Largest decline over 3 years | -49.60% | -38.93% | -10.67% |
Max Drawdown (5Y)Largest decline over 5 years | -49.60% | -46.51% | -3.09% |
Max Drawdown (10Y)Largest decline over 10 years | -67.21% | -49.79% | -17.42% |
Current DrawdownCurrent decline from peak | -49.60% | -36.03% | -13.57% |
Average DrawdownAverage peak-to-trough decline | -37.77% | -40.37% | +2.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.26% | 17.97% | +3.29% |
Volatility
AGI vs. GDX - Volatility Comparison
The current volatility for Alamos Gold Inc. (AGI) is 11.71%, while VanEck Gold Miners ETF (GDX) has a volatility of 12.73%. This indicates that AGI experiences smaller price fluctuations and is considered to be less risky than GDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AGI | GDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.71% | 12.73% | -1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 44.49% | 39.94% | +4.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.01% | 48.49% | +5.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.86% | 37.23% | +4.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.43% | 37.34% | +11.09% |
Dividends
AGI vs. GDX - Dividend Comparison
AGI's dividend yield for the trailing twelve months is around 0.47%, less than GDX's 0.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGI Alamos Gold Inc. | 0.47% | 0.26% | 0.54% | 0.74% | 0.99% | 1.30% | 0.74% | 0.66% | 0.56% | 0.31% | 0.29% | 1.22% |
GDX VanEck Gold Miners ETF | 0.85% | 0.74% | 1.19% | 1.61% | 1.66% | 1.67% | 0.53% | 0.67% | 0.50% | 0.76% | 0.26% | 0.85% |
Frequently Asked Questions
AGI and GDX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDX has higher volatility (12.73%) compared to AGI (11.71%). In terms of maximum drawdown, AGI dropped -88.13% vs GDX's -80.34%.
GDX currently has the higher Sharpe Ratio (0.92 vs 0.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for AGI and GDX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer