CD91.DE vs. GDX
Compare and contrast key facts about Amundi NYSE Arca Gold Bugs UCITS ETF Dist (CD91.DE) and VanEck Vectors Gold Miners ETF (GDX).
CD91.DE and GDX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CD91.DE is a passively managed fund by Amundi that tracks the performance of the NYSE Arca Gold BUGS. It was launched on Dec 7, 2023. GDX is a passively managed fund by VanEck that tracks the performance of the NYSE Arca Gold Miners Index. It was launched on May 22, 2006. Both CD91.DE and GDX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CD91.DE or GDX.
Key characteristics
| CD91.DE | GDX | |
|---|---|---|
| YTD Return | 17.51% | 15.80% |
| 1Y Return | 5.50% | 10.57% |
| 3Y Return (Ann) | 0.96% | -0.06% |
| 5Y Return (Ann) | 14.05% | 13.03% |
| 10Y Return (Ann) | 4.93% | 5.36% |
| Sharpe Ratio | 0.27 | 0.25 |
| Daily Std Dev | 29.17% | 30.39% |
| Max Drawdown | -80.32% | -80.57% |
| Current Drawdown | -43.72% | -39.45% |
Correlation
The correlation between CD91.DE and GDX is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CD91.DE vs. GDX - Performance Comparison
In the year-to-date period, CD91.DE achieves a 17.51% return, which is significantly higher than GDX's 15.80% return. Over the past 10 years, CD91.DE has underperformed GDX with an annualized return of 4.93%, while GDX has yielded a comparatively higher 5.36% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CD91.DE vs. GDX - Expense Ratio Comparison
CD91.DE has a 0.65% expense ratio, which is higher than GDX's 0.53% expense ratio.
Risk-Adjusted Performance
CD91.DE vs. GDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi NYSE Arca Gold Bugs UCITS ETF Dist (CD91.DE) and VanEck Vectors 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.
Dividends
CD91.DE vs. GDX - Dividend Comparison
CD91.DE's dividend yield for the trailing twelve months is around 2.13%, more than GDX's 1.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CD91.DE Amundi NYSE Arca Gold Bugs UCITS ETF Dist | 2.13% | 2.51% | 1.07% | 0.54% | 0.17% | 0.33% | 0.00% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% |
GDX VanEck Vectors Gold Miners ETF | 1.39% | 1.61% | 1.66% | 1.67% | 0.53% | 0.65% | 0.50% | 0.76% | 0.26% | 0.85% | 0.66% | 0.90% |
Drawdowns
CD91.DE vs. GDX - Drawdown Comparison
The maximum CD91.DE drawdown since its inception was -80.32%, roughly equal to the maximum GDX drawdown of -80.57%. Use the drawdown chart below to compare losses from any high point for CD91.DE and GDX. For additional features, visit the drawdowns tool.
Volatility
CD91.DE vs. GDX - Volatility Comparison
Amundi NYSE Arca Gold Bugs UCITS ETF Dist (CD91.DE) and VanEck Vectors Gold Miners ETF (GDX) have volatilities of 9.42% and 9.40%, 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.