ARTY vs. GDX
ARTY (iShares Future AI & Tech ETF) and GDX (VanEck Gold Miners ETF) are both exchange-traded funds - ARTY is a Technology Equities fund tracking the Morningstar Global Artificial Intelligence Select Index (Net), while GDX is a Gold fund tracking the NYSE MarketVector Global Gold Miners Index. Both are passively managed. Over the past 5 years, ARTY returned 13.27%/yr vs 19.97%/yr for GDX. At a 0.23 correlation, their price movements are largely independent. ARTY charges 0.47%/yr vs 0.51%/yr for GDX.
Performance
ARTY vs. GDX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ARTY achieves a 60.68% return, which is significantly higher than GDX's -0.58% return.
ARTY
- 1D
- 5.66%
- 1M
- 17.65%
- YTD
- 60.68%
- 6M
- 63.32%
- 1Y
- 104.26%
- 3Y*
- 32.85%
- 5Y*
- 13.27%
- 10Y*
- —
GDX
- 1D
- 6.55%
- 1M
- -2.38%
- YTD
- -0.58%
- 6M
- 1.22%
- 1Y
- 57.71%
- 3Y*
- 41.18%
- 5Y*
- 19.97%
- 10Y*
- 13.81%
ARTY vs. GDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ARTY iShares Future AI & Tech ETF | 60.68% | 29.97% | 8.02% | 36.37% | -37.89% | 6.32% | 48.85% | 34.47% | -13.76% |
GDX VanEck Gold Miners ETF | -0.58% | 154.77% | 10.63% | 9.98% | -9.01% | -9.52% | 23.66% | 39.84% | -2.79% |
Correlation
The correlation between ARTY and GDX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2018 | 0.23 |
The correlation between ARTY and GDX shifts across timeframes, from 0.23 (all time) to 0.36 (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
ARTY vs. GDX — Risk / Return Rank
ARTY
GDX
ARTY vs. GDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Future AI & Tech ETF (ARTY) 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.
| ARTY | GDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.92 | ||
| Sortino ratioReturn per unit of downside risk | +1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.23 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 5.57 | 1.60 | +3.98 |
| Martin ratioReturn relative to average drawdown | 18.40 | 4.39 | +14.01 |
Loading charts...
Drawdowns
ARTY vs. GDX - Drawdown Comparison
The maximum ARTY drawdown since its inception was -54.50%, smaller than the maximum GDX drawdown of -80.34%. Use the drawdown chart below to compare losses from any high point for ARTY and GDX.
Loading charts...
Drawdown Indicators
| ARTY | GDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.50% | -80.34% | +25.84% |
Max Drawdown (1Y)Largest decline over 1 year | -18.81% | -36.28% | +17.47% |
Max Drawdown (3Y)Largest decline over 3 years | -32.44% | -36.28% | +3.84% |
Max Drawdown (5Y)Largest decline over 5 years | -50.53% | -46.51% | -4.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.79% | — |
Current DrawdownCurrent decline from peak | -4.13% | -26.39% | +22.26% |
Average DrawdownAverage peak-to-trough decline | -19.80% | -40.41% | +20.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.69% | 13.22% | -7.53% |
Volatility
ARTY vs. GDX - Volatility Comparison
iShares Future AI & Tech ETF (ARTY) and VanEck Gold Miners ETF (GDX) have volatilities of 18.52% and 18.56%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ARTY | GDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.52% | 18.56% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 29.30% | 39.52% | -10.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.37% | 47.30% | -13.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.33% | 36.86% | -7.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.18% | 37.37% | -9.19% |
ARTY vs. GDX - Expense Ratio Comparison
ARTY has a 0.47% expense ratio, which is lower than GDX's 0.51% expense ratio.
Dividends
ARTY vs. GDX - Dividend Comparison
ARTY's dividend yield for the trailing twelve months is around 0.06%, less than GDX's 0.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARTY iShares Future AI & Tech ETF | 0.06% | 0.00% | 0.50% | 0.88% | 0.75% | 2.41% | 0.53% | 0.69% | 0.34% | 0.00% | 0.00% | 0.00% |
GDX VanEck Gold Miners ETF | 0.74% | 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
ARTY and GDX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDX has higher volatility (18.56%) compared to ARTY (18.52%). In terms of maximum drawdown, ARTY dropped -54.50% vs GDX's -80.34%.
On 5-year performance, GDX leads with 19.97% vs 13.27% for ARTY. On fees, ARTY is cheaper at 0.47% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, GDX has performed better with a 19.97% return vs 13.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ARTY is cheaper with a 0.47% expense ratio, compared with 0.51% for GDX.
GDX has the higher dividend yield at 0.74%, compared with 0.06% for ARTY.
ARTY is categorized as Technology Equities, while GDX is Gold. ARTY tracks Morningstar Global Artificial Intelligence Select Index (Net), while GDX tracks NYSE MarketVector Global Gold Miners Index. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.47% for ARTY and 0.51% for GDX.
ARTY currently has the higher Sharpe Ratio (3.15 vs 1.23), 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 ARTY 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