EDOC vs. GDX
EDOC (Global X Telemedicine & Digital Health ETF) and GDX (VanEck Gold Miners ETF) are both exchange-traded funds - EDOC is a Health & Biotech Equities fund tracking the Solactive Telemedicine & Digital Health Index- TR Net, while GDX is a Gold fund tracking the NYSE MarketVector Global Gold Miners Index. Both are passively managed. Over the past 5 years, EDOC returned -13.37%/yr vs 17.86%/yr for GDX. Their 0.28 correlation means their historical movements had little consistent relationship. EDOC charges 0.68%/yr vs 0.51%/yr for GDX.
Performance
EDOC vs. GDX - Performance Comparison
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Returns By Period
In the year-to-date period, EDOC achieves a -7.90% return, which is significantly higher than GDX's -13.61% return.
EDOC
- 1D
- 0.07%
- 1M
- -7.11%
- 6M
- -5.44%
- YTD
- -7.90%
- 1Y
- -12.88%
- 3Y*
- -8.61%
- 5Y*
- -13.37%
- 10Y*
- —
- ALL TIME*
- -9.61%
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) |
|---|---|---|---|
| $245.64K | $221.54K | $214.19K | |
| $1.26B | $1.34B | $1.78B |
EDOC vs. GDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EDOC Global X Telemedicine & Digital Health ETF | -7.90% | -0.62% | -2.87% | -12.61% | -29.99% | -14.21% | 16.89% |
GDX VanEck Gold Miners ETF | -13.61% | 154.77% | 10.63% | 9.98% | -9.01% | -9.52% | -16.05% |
Correlation
The correlation between EDOC and GDX is 0.22, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.22 |
Correlation (3Y) Balances recent behavior with more history. | 0.27 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2020 | 0.28 |
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Return for Risk
EDOC vs. GDX — Risk / Return Rank
EDOC
GDX
EDOC vs. GDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Telemedicine & Digital Health ETF (EDOC) 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.
| EDOC | GDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.53 | ||
| Sortino ratioReturn per unit of downside risk | -2.14 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.18 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 1.15 | -1.60 |
| Martin ratioReturn relative to average drawdown | -0.82 | 2.48 | -3.30 |
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Drawdowns
EDOC vs. GDX - Drawdown Comparison
The maximum EDOC drawdown since its inception was -65.76%, smaller than the maximum GDX drawdown of -80.34%. Use the drawdown chart below to compare losses from any high point for EDOC and GDX.
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Drawdown Indicators
| EDOC | GDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.76% | -80.34% | +14.58% |
Max Drawdown (1Y)Largest decline over 1 year | -30.71% | -38.93% | +8.22% |
Max Drawdown (3Y)Largest decline over 3 years | -34.56% | -38.93% | +4.37% |
Max Drawdown (5Y)Largest decline over 5 years | -59.14% | -46.51% | -12.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.79% | — |
Current DrawdownCurrent decline from peak | -60.24% | -36.03% | -24.21% |
Average DrawdownAverage peak-to-trough decline | -43.48% | -40.37% | -3.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.87% | 17.97% | -1.10% |
Volatility
EDOC vs. GDX - Volatility Comparison
The current volatility for Global X Telemedicine & Digital Health ETF (EDOC) is 6.34%, while VanEck Gold Miners ETF (GDX) has a volatility of 12.73%. This indicates that EDOC 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.
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Volatility by Period
| EDOC | GDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.34% | 12.73% | -6.39% |
Volatility (6M)Calculated over the trailing 6-month period | 17.24% | 39.94% | -22.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.70% | 48.49% | -25.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.63% | 37.23% | -10.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.25% | 37.34% | -11.09% |
EDOC vs. GDX - Expense Ratio Comparison
EDOC has a 0.68% expense ratio, which is higher than GDX's 0.51% expense ratio.
Dividends
EDOC vs. GDX - Dividend Comparison
EDOC's dividend yield for the trailing twelve months is around 0.27%, less than GDX's 0.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDOC Global X Telemedicine & Digital Health ETF | 0.27% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
EDOC and GDX have a correlation of 0.22, 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 EDOC (6.34%). In terms of maximum drawdown, EDOC dropped -65.76% vs GDX's -80.34%.
On 5-year performance, GDX leads with 17.86% vs -13.37% for EDOC. On fees, GDX is cheaper at 0.51% per year. On volatility, EDOC has been the lower-risk option at 6.34%. 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 17.86% return vs -13.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GDX is cheaper with a 0.51% expense ratio, compared with 0.68% for EDOC.
GDX has the higher dividend yield at 0.85%, compared with 0.27% for EDOC.
EDOC is categorized as Health & Biotech Equities, while GDX is Gold. EDOC tracks Solactive Telemedicine & Digital Health Index- TR Net, while GDX tracks NYSE MarketVector Global Gold Miners Index. They also come from different issuers: Global X and VanEck. Their fees differ too: 0.68% for EDOC and 0.51% for GDX.
GDX currently has the higher Sharpe Ratio (0.92 vs -0.61), 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.
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