GDXD vs. YXI
GDXD (MicroSectors Gold Miners -3X Inverse Leveraged ETNs) and YXI (ProShares Short FTSE China 50) are both exchange-traded funds - GDXD is a Inverse Equities fund tracking the S-Network MicroSectors Gold Miners Index - Benchmark TR Gross (-300%), while YXI is a China Equities fund tracking the FTSE China 50 Net Tax USD (TR) (-100%). Both are passively managed. Over the past 5 years, GDXD returned -72.96%/yr vs -2.35%/yr for YXI. At a 0.30 correlation, their price movements are largely independent. Both charge a 0.95% expense ratio.
Performance
GDXD vs. YXI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GDXD achieves a -37.37% return, which is significantly lower than YXI's 14.77% return.
GDXD
- 1D
- 8.77%
- 1M
- 16.42%
- 6M
- -11.19%
- YTD
- -37.37%
- 1Y
- -91.03%
- 3Y*
- -82.31%
- 5Y*
- -72.96%
- 10Y*
- —
YXI
- 1D
- 0.36%
- 1M
- 4.81%
- 6M
- 21.88%
- YTD
- 14.77%
- 1Y
- 9.36%
- 3Y*
- -8.77%
- 5Y*
- -2.35%
- 10Y*
- -7.09%
GDXD vs. YXI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GDXD MicroSectors Gold Miners -3X Inverse Leveraged ETNs | -37.37% | -97.53% | -57.78% | -52.35% | -52.56% | -19.71% | -13.10% |
YXI ProShares Short FTSE China 50 | 14.77% | -22.87% | -25.36% | 12.40% | 4.78% | 13.94% | -0.03% |
Correlation
The correlation between GDXD and YXI is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2020 | 0.30 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GDXD vs. YXI — Risk / Return Rank
GDXD
YXI
GDXD vs. YXI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) and ProShares Short FTSE China 50 (YXI). 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.
| GDXD | YXI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.09 | ||
| Sortino ratioReturn per unit of downside risk | -2.19 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.09 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 0.83 | -1.77 |
| Martin ratioReturn relative to average drawdown | -1.12 | 1.66 | -2.78 |
Loading charts...
Drawdowns
GDXD vs. YXI - Drawdown Comparison
The maximum GDXD drawdown since its inception was -99.96%, which is greater than YXI's maximum drawdown of -81.15%. Use the drawdown chart below to compare losses from any high point for GDXD and YXI.
Loading charts...
Drawdown Indicators
| GDXD | YXI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.96% | -81.15% | -18.81% |
Max Drawdown (1Y)Largest decline over 1 year | -96.19% | -11.39% | -84.80% |
Max Drawdown (3Y)Largest decline over 3 years | -99.86% | -53.12% | -46.74% |
Max Drawdown (5Y)Largest decline over 5 years | -99.96% | -57.65% | -42.31% |
Max Drawdown (10Y)Largest decline over 10 years | — | -61.79% | — |
Current DrawdownCurrent decline from peak | -99.91% | -76.57% | -23.34% |
Average DrawdownAverage peak-to-trough decline | -72.32% | -54.43% | -17.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 80.98% | 6.14% | +74.84% |
Volatility
GDXD vs. YXI - Volatility Comparison
MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) has a higher volatility of 47.16% compared to ProShares Short FTSE China 50 (YXI) at 7.41%. This indicates that GDXD's price experiences larger fluctuations and is considered to be riskier than YXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GDXD | YXI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 47.16% | 7.41% | +39.75% |
Volatility (6M)Calculated over the trailing 6-month period | 117.86% | 15.74% | +102.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 144.94% | 20.65% | +124.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 112.08% | 31.47% | +80.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 110.75% | 27.44% | +83.31% |
GDXD vs. YXI - Expense Ratio Comparison
Both GDXD and YXI have an expense ratio of 0.95%.
Dividends
GDXD vs. YXI - Dividend Comparison
GDXD has not paid dividends to shareholders, while YXI's dividend yield for the trailing twelve months is around 2.48%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
GDXD MicroSectors Gold Miners -3X Inverse Leveraged ETNs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YXI ProShares Short FTSE China 50 | 2.48% | 3.60% | 4.35% | 2.66% | 0.27% | 0.00% | 0.08% | 1.01% | 0.25% |
Frequently Asked Questions
GDXD and YXI have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDXD has higher volatility (47.16%) compared to YXI (7.41%). In terms of maximum drawdown, GDXD dropped -99.96% vs YXI's -81.15%.
On 5-year performance, YXI leads with -2.35% vs -72.96% for GDXD. Both ETFs have the same 0.95% expense ratio. On volatility, YXI has been the lower-risk option at 7.41%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, YXI has performed better with a -2.35% return vs -72.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GDXD and YXI have the same expense ratio: 0.95% per year.
YXI has the higher dividend yield at 2.48%, compared with 0.00% for GDXD.
GDXD is categorized as Inverse Equities, while YXI is China Equities. GDXD tracks S-Network MicroSectors Gold Miners Index - Benchmark TR Gross (-300%), while YXI tracks FTSE China 50 Net Tax USD (TR) (-100%). They also come from different issuers: BMO and ProShares.
YXI currently has the higher Sharpe Ratio (0.46 vs -0.63), 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.
Find the right allocation for GDXD and YXI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer