CEF.TO vs. GDX
Compare and contrast key facts about Sprott Physical Gold and Silver Trust (CEF.TO) and VanEck Vectors Gold Miners ETF (GDX).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CEF.TO or GDX.
Correlation
The correlation between CEF.TO and GDX is 0.72, 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
CEF.TO vs. GDX - Performance Comparison
Key characteristics
CEF.TO:
0.63
GDX:
0.35
CEF.TO:
1.40
GDX:
0.69
CEF.TO:
1.35
GDX:
1.08
CEF.TO:
1.12
GDX:
0.20
CEF.TO:
8.37
GDX:
1.19
CEF.TO:
4.24%
GDX:
9.28%
CEF.TO:
56.94%
GDX:
31.81%
CEF.TO:
-62.22%
GDX:
-80.57%
CEF.TO:
-6.83%
GDX:
-41.30%
Returns By Period
In the year-to-date period, CEF.TO achieves a 35.47% return, which is significantly higher than GDX's 12.27% return. Over the past 10 years, CEF.TO has outperformed GDX with an annualized return of 10.11%, while GDX has yielded a comparatively lower 7.63% annualized return.
CEF.TO
35.47%
-1.94%
13.66%
35.64%
12.53%
10.11%
GDX
12.27%
-9.05%
1.65%
10.31%
5.14%
7.63%
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Risk-Adjusted Performance
CEF.TO vs. GDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Physical Gold and Silver Trust (CEF.TO) 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
CEF.TO vs. GDX - Dividend Comparison
CEF.TO has not paid dividends to shareholders, while GDX's dividend yield for the trailing twelve months is around 1.17%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEF.TO Sprott Physical Gold and Silver Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.09% | 0.09% | 0.08% | 0.07% |
GDX VanEck Vectors Gold Miners ETF | 1.17% | 1.61% | 1.66% | 1.67% | 0.53% | 0.65% | 0.50% | 0.76% | 0.26% | 0.85% | 0.66% | 0.90% |
Drawdowns
CEF.TO vs. GDX - Drawdown Comparison
The maximum CEF.TO drawdown since its inception was -62.22%, smaller than the maximum GDX drawdown of -80.57%. Use the drawdown chart below to compare losses from any high point for CEF.TO and GDX. For additional features, visit the drawdowns tool.
Volatility
CEF.TO vs. GDX - Volatility Comparison
The current volatility for Sprott Physical Gold and Silver Trust (CEF.TO) is 6.12%, while VanEck Vectors Gold Miners ETF (GDX) has a volatility of 9.27%. This indicates that CEF.TO 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.