AS vs. GDXJ
AS (Amer Sports, Inc) is a stock, while GDXJ (VanEck Junior Gold Miners ETF) is Gold fund tracking the MVIS Global Junior Gold Miners Index. Over the past year, AS returned -5.21% vs 51.06% for GDXJ. At a 0.21 correlation, their price movements are largely independent.
Performance
AS vs. GDXJ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AS achieves a -5.06% return, which is significantly higher than GDXJ's -8.37% return.
AS
- 1D
- -0.39%
- 1M
- 8.18%
- YTD
- -5.06%
- 6M
- -7.56%
- 1Y
- -5.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GDXJ
- 1D
- 3.15%
- 1M
- -19.14%
- YTD
- -8.37%
- 6M
- -6.68%
- 1Y
- 51.06%
- 3Y*
- 44.17%
- 5Y*
- 16.23%
- 10Y*
- 12.00%
AS vs. GDXJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AS Amer Sports, Inc | -5.06% | 33.58% | 108.66% |
GDXJ VanEck Junior Gold Miners ETF | -8.37% | 172.28% | 29.74% |
Correlation
The correlation between AS and GDXJ is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2024 | 0.22 |
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
AS vs. GDXJ — Risk / Return Rank
AS
GDXJ
AS vs. GDXJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amer Sports, Inc (AS) and VanEck 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.
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.
| AS | GDXJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.12 | ||
| Sortino ratioReturn per unit of downside risk | -1.34 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.20 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | 1.30 | -1.48 |
| Martin ratioReturn relative to average drawdown | -0.36 | 3.55 | -3.91 |
Loading charts...
Drawdowns
AS vs. GDXJ - Drawdown Comparison
The maximum AS drawdown since its inception was -40.71%, smaller than the maximum GDXJ drawdown of -88.66%. Use the drawdown chart below to compare losses from any high point for AS and GDXJ.
Loading charts...
Drawdown Indicators
| AS | GDXJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.71% | -88.66% | +47.95% |
Max Drawdown (1Y)Largest decline over 1 year | -28.78% | -39.47% | +10.69% |
Max Drawdown (3Y)Largest decline over 3 years | — | -39.47% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -49.76% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.77% | — |
Current DrawdownCurrent decline from peak | -15.49% | -33.25% | +17.76% |
Average DrawdownAverage peak-to-trough decline | -13.29% | -60.45% | +47.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.56% | 14.41% | +0.15% |
Volatility
AS vs. GDXJ - Volatility Comparison
The current volatility for Amer Sports, Inc (AS) is 10.17%, while VanEck Junior Gold Miners ETF (GDXJ) has a volatility of 19.46%. This indicates that AS experiences smaller price fluctuations and is considered to be less risky than GDXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AS | GDXJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.17% | 19.46% | -9.29% |
Volatility (6M)Calculated over the trailing 6-month period | 29.10% | 43.41% | -14.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.31% | 51.54% | -10.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.55% | 41.50% | +8.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.55% | 44.23% | +5.32% |
Dividends
AS vs. GDXJ - Dividend Comparison
AS has not paid dividends to shareholders, while GDXJ's dividend yield for the trailing twelve months is around 2.54%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AS Amer Sports, Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GDXJ VanEck Junior Gold Miners ETF | 2.54% | 2.33% | 2.61% | 0.72% | 0.51% | 1.78% | 1.58% | 0.39% | 0.45% | 0.03% | 4.78% | 0.72% |
Frequently Asked Questions
AS and GDXJ have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDXJ has higher volatility (19.46%) compared to AS (10.17%). In terms of maximum drawdown, AS dropped -40.71% vs GDXJ's -88.66%.
GDXJ currently has the higher Sharpe Ratio (1.00 vs -0.13), 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 AS and GDXJ
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