GDX vs. SGDM
Compare and contrast key facts about VanEck Vectors Gold Miners ETF (GDX) and Sprott Gold Miners ETF (SGDM).
GDX and SGDM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SGDM is a passively managed fund by Sprott that tracks the performance of the Solactive Gold Miners Custom Factors Index. It was launched on Jul 15, 2014. Both GDX and SGDM 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: GDX or SGDM.
Correlation
The correlation between GDX and SGDM is -0.80. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
GDX vs. SGDM - Performance Comparison
Loading data...
Key characteristics
GDX:
51.43%
SGDM:
55.26%
GDX:
-3.76%
SGDM:
-3.37%
GDX:
-0.83%
SGDM:
-0.23%
Returns By Period
GDX
N/A
N/A
N/A
N/A
N/A
N/A
SGDM
N/A
N/A
N/A
N/A
N/A
N/A
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. SGDM - Expense Ratio Comparison
GDX has a 0.53% expense ratio, which is higher than SGDM's 0.50% expense ratio.
Risk-Adjusted Performance
GDX vs. SGDM — Risk-Adjusted Performance Rank
GDX
SGDM
GDX vs. SGDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Gold Miners ETF (GDX) and Sprott Gold Miners ETF (SGDM). 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.
Loading data...
Dividends
GDX vs. SGDM - Dividend Comparison
GDX's dividend yield for the trailing twelve months is around 0.80%, more than SGDM's 0.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDX VanEck Vectors Gold Miners ETF | 0.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SGDM Sprott Gold Miners ETF | 0.68% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GDX vs. SGDM - Drawdown Comparison
The maximum GDX drawdown since its inception was -3.76%, which is greater than SGDM's maximum drawdown of -3.37%. Use the drawdown chart below to compare losses from any high point for GDX and SGDM. For additional features, visit the drawdowns tool.
Loading data...
Volatility
GDX vs. SGDM - Volatility Comparison
Loading data...