PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
GDX vs. HACK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GDX and HACK is 0.15, 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.


-0.50.00.51.00.1

Performance

GDX vs. HACK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Gold Miners ETF (GDX) and ETFMG Prime Cyber Security ETF (HACK). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
-0.46%
18.23%
GDX
HACK

Key characteristics

Sharpe Ratio

GDX:

0.28

HACK:

1.15

Sortino Ratio

GDX:

0.60

HACK:

1.59

Omega Ratio

GDX:

1.07

HACK:

1.21

Calmar Ratio

GDX:

0.16

HACK:

1.70

Martin Ratio

GDX:

0.99

HACK:

4.64

Ulcer Index

GDX:

9.09%

HACK:

4.90%

Daily Std Dev

GDX:

31.89%

HACK:

19.73%

Max Drawdown

GDX:

-80.57%

HACK:

-42.68%

Current Drawdown

GDX:

-42.01%

HACK:

-6.04%

Returns By Period

In the year-to-date period, GDX achieves a 10.90% return, which is significantly lower than HACK's 22.87% return. Over the past 10 years, GDX has underperformed HACK with an annualized return of 7.97%, while HACK has yielded a comparatively higher 11.15% annualized return.


GDX

YTD

10.90%

1M

-9.21%

6M

-0.46%

1Y

11.73%

5Y*

6.19%

10Y*

7.97%

HACK

YTD

22.87%

1M

4.30%

6M

18.23%

1Y

24.31%

5Y*

12.91%

10Y*

11.15%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


GDX vs. HACK - Expense Ratio Comparison

GDX has a 0.53% expense ratio, which is lower than HACK's 0.60% expense ratio.


HACK
ETFMG Prime Cyber Security ETF
Expense ratio chart for HACK: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for GDX: current value at 0.53% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.53%

Risk-Adjusted Performance

GDX vs. HACK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Gold Miners ETF (GDX) and ETFMG Prime Cyber Security ETF (HACK). 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.


Sharpe ratio
The chart of Sharpe ratio for GDX, currently valued at 0.28, compared to the broader market0.002.004.000.281.15
The chart of Sortino ratio for GDX, currently valued at 0.60, compared to the broader market-2.000.002.004.006.008.0010.000.601.59
The chart of Omega ratio for GDX, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.071.21
The chart of Calmar ratio for GDX, currently valued at 0.23, compared to the broader market0.005.0010.0015.000.231.70
The chart of Martin ratio for GDX, currently valued at 0.99, compared to the broader market0.0020.0040.0060.0080.00100.000.994.64
GDX
HACK

The current GDX Sharpe Ratio is 0.28, which is lower than the HACK Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of GDX and HACK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.28
1.15
GDX
HACK

Dividends

GDX vs. HACK - Dividend Comparison

GDX has not paid dividends to shareholders, while HACK's dividend yield for the trailing twelve months is around 0.18%.


TTM20232022202120202019201820172016201520142013
GDX
VanEck Vectors Gold Miners ETF
0.00%1.61%1.66%1.67%0.53%0.65%0.50%0.76%0.26%0.85%0.66%0.90%
HACK
ETFMG Prime Cyber Security ETF
0.18%0.21%0.24%0.26%1.11%0.14%0.09%0.01%1.23%0.00%0.00%0.00%

Drawdowns

GDX vs. HACK - Drawdown Comparison

The maximum GDX drawdown since its inception was -80.57%, which is greater than HACK's maximum drawdown of -42.68%. Use the drawdown chart below to compare losses from any high point for GDX and HACK. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-22.00%
-6.04%
GDX
HACK

Volatility

GDX vs. HACK - Volatility Comparison

VanEck Vectors Gold Miners ETF (GDX) has a higher volatility of 9.29% compared to ETFMG Prime Cyber Security ETF (HACK) at 7.70%. This indicates that GDX's price experiences larger fluctuations and is considered to be riskier than HACK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
9.29%
7.70%
GDX
HACK
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab