FSM vs. GDX
Compare and contrast key facts about Fortuna Silver Mines Inc. (FSM) 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: FSM or GDX.
Correlation
The correlation between FSM and GDX is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FSM vs. GDX - Performance Comparison
Key characteristics
FSM:
0.66
GDX:
1.64
FSM:
1.24
GDX:
2.17
FSM:
1.16
GDX:
1.28
FSM:
0.65
GDX:
1.24
FSM:
1.70
GDX:
5.92
FSM:
21.50%
GDX:
9.24%
FSM:
55.42%
GDX:
33.39%
FSM:
-92.25%
GDX:
-80.57%
FSM:
-35.74%
GDX:
-15.11%
Returns By Period
In the year-to-date period, FSM achieves a 42.89% return, which is significantly lower than GDX's 46.74% return. Over the past 10 years, FSM has underperformed GDX with an annualized return of 5.28%, while GDX has yielded a comparatively higher 10.79% annualized return.
FSM
42.89%
0.33%
17.88%
32.11%
17.79%
5.28%
GDX
46.74%
10.53%
19.50%
52.01%
9.45%
10.79%
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Risk-Adjusted Performance
FSM vs. GDX — Risk-Adjusted Performance Rank
FSM
GDX
FSM vs. GDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortuna Silver Mines Inc. (FSM) 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
FSM vs. GDX - Dividend Comparison
FSM has not paid dividends to shareholders, while GDX's dividend yield for the trailing twelve months is around 0.81%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FSM Fortuna Silver Mines 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% |
GDX VanEck Vectors Gold Miners ETF | 0.81% | 1.19% | 1.61% | 1.66% | 1.67% | 0.53% | 0.65% | 0.50% | 0.76% | 0.26% | 0.85% | 0.66% |
Drawdowns
FSM vs. GDX - Drawdown Comparison
The maximum FSM drawdown since its inception was -92.25%, which is greater than GDX's maximum drawdown of -80.57%. Use the drawdown chart below to compare losses from any high point for FSM and GDX. For additional features, visit the drawdowns tool.
Volatility
FSM vs. GDX - Volatility Comparison
Fortuna Silver Mines Inc. (FSM) has a higher volatility of 20.23% compared to VanEck Vectors Gold Miners ETF (GDX) at 15.86%. This indicates that FSM's price experiences larger fluctuations and is considered to be riskier than GDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.