GDXJ vs. AVLV

Last updated Jun 13, 2026

GDXJ (VanEck Junior Gold Miners ETF) and AVLV (Avantis U.S. Large Cap Value ETF) are both exchange-traded funds - GDXJ is a Gold fund tracking the MVIS Global Junior Gold Miners Index, while AVLV is a Large Cap Value Equities fund actively managed by Avantis. GDXJ is passively managed, while AVLV is actively managed. Over the past 3 years, GDXJ returned 44.17%/yr vs 22.42%/yr for AVLV. At a 0.32 correlation, their price movements are largely independent. GDXJ charges 0.52%/yr vs 0.15%/yr for AVLV.

Performance

GDXJ vs. AVLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Junior Gold Miners ETF (GDXJ) and Avantis U.S. Large Cap Value ETF (AVLV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GDXJ achieves a -8.37% return, which is significantly lower than AVLV's 21.54% return.

GDXJ

• 1D: 3.15%
• 1M: -19.14%
• YTD: -8.37%
• 6M: -6.68%
• 1Y: 51.06%
• 3Y*: 44.17%
• 5Y*: 16.23%
• 10Y*: 12.00%

AVLV

• 1D: 0.72%
• 1M: 4.03%
• YTD: 21.54%
• 6M: 21.48%
• 1Y: 38.63%
• 3Y*: 22.42%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GDXJ vs. AVLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GDXJ VanEck Junior Gold Miners ETF	-8.37%	172.28%	15.67%	7.12%	-14.53%	6.74%
AVLV Avantis U.S. Large Cap Value ETF	21.54%	15.12%	17.49%	17.43%	-5.53%	6.27%

Correlation

The correlation between GDXJ and AVLV is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021	0.32

GDXJ vs. AVLV - Sectors Allocation Comparison

Sectors	GDXJ	AVLV
Basic Materials	100.0%	2.0%
Communication Services	-	6.9%
Consumer Cyclical	-	14.1%
Consumer Defensive	-	7.7%
Energy	-	14.4%
Financial Services	-	16.3%
Healthcare	-	5.6%
Industrials	-	15.4%
Real Estate	-	0.1%
Technology	-	17.2%
Utilities	-	0.3%

Return for Risk

GDXJ vs. AVLV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GDXJ

GDXJ Risk / Return Rank: 31
GDXJ Sharpe Ratio Rank: 31
GDXJ Sortino Ratio Rank: 30
GDXJ Omega Ratio Rank: 33
GDXJ Calmar Ratio Rank: 30
GDXJ Martin Ratio Rank: 28

AVLV

AVLV Risk / Return Rank: 94
AVLV Sharpe Ratio Rank: 94
AVLV Sortino Ratio Rank: 94
AVLV Omega Ratio Rank: 92
AVLV Calmar Ratio Rank: 94
AVLV Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GDXJ vs. AVLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Junior Gold Miners ETF (GDXJ) and Avantis U.S. Large Cap Value ETF (AVLV). 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.

	GDXJ	AVLV	Difference
Sharpe ratio: Return per unit of total volatility	1.00	3.10	-2.10
Sortino ratio: Return per unit of downside risk	1.45	4.26	-2.81
Omega ratio: Gain probability vs. loss probability	1.20	1.56	-0.36
Calmar ratio: Return relative to maximum drawdown	1.30	6.07	-4.77
Martin ratio: Return relative to average drawdown	3.55	24.12	-20.57

GDXJ vs. AVLV - Sharpe Ratio Comparison

The current GDXJ Sharpe Ratio is 1.00, which is lower than the AVLV Sharpe Ratio of 3.10. The chart below compares the historical Sharpe Ratios of GDXJ and AVLV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GDXJ vs. AVLV - Drawdown Comparison

The maximum GDXJ drawdown since its inception was -88.66%, which is greater than AVLV's maximum drawdown of -19.50%. Use the drawdown chart below to compare losses from any high point for GDXJ and AVLV.

Drawdown Indicators

	GDXJ	AVLV	Difference
Max Drawdown Largest peak-to-trough decline	-88.66%	-19.50%	-69.16%
Max Drawdown (1Y) Largest decline over 1 year	-39.47%	-6.39%	-33.08%
Max Drawdown (3Y) Largest decline over 3 years	-39.47%	-19.50%	-19.97%
Max Drawdown (5Y) Largest decline over 5 years	-49.76%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-57.77%	—	—
Current Drawdown Current decline from peak	-33.25%	0.00%	-33.25%
Average Drawdown Average peak-to-trough decline	-60.45%	-3.91%	-56.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.41%	1.61%	+12.80%

Volatility

GDXJ vs. AVLV - Volatility Comparison

VanEck Junior Gold Miners ETF (GDXJ) has a higher volatility of 19.46% compared to Avantis U.S. Large Cap Value ETF (AVLV) at 3.67%. This indicates that GDXJ's price experiences larger fluctuations and is considered to be riskier than AVLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GDXJ	AVLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.46%	3.67%	+15.79%
Volatility (6M) Calculated over the trailing 6-month period	43.41%	9.33%	+34.08%
Volatility (1Y) Calculated over the trailing 1-year period	51.54%	12.52%	+39.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.50%	17.34%	+24.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.23%	17.34%	+26.89%

GDXJ vs. AVLV - Expense Ratio Comparison

GDXJ has a 0.52% expense ratio, which is higher than AVLV's 0.15% expense ratio.

Dividends

GDXJ vs. AVLV - Dividend Comparison

GDXJ's dividend yield for the trailing twelve months is around 2.54%, more than AVLV's 1.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVLV Avantis U.S. Large Cap Value ETF	1.37%	1.33%	1.58%	1.85%	2.00%	0.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GDXJ VanEck Junior Gold Miners ETF	2.54%	2.33%	2.61%	0.72%	0.51%	1.78%	1.58%	0.39%	0.45%	0.03%	4.78%	0.72%

Frequently Asked Questions

Can I hold both GDXJ and AVLV in my portfolio?

GDXJ and AVLV have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GDXJ or AVLV?

GDXJ has higher volatility (19.46%) compared to AVLV (3.67%). In terms of maximum drawdown, GDXJ dropped -88.66% vs AVLV's -19.50%.

Which ETF is better, GDXJ or AVLV?

On 3-year performance, GDXJ leads with 44.17% vs 22.42% for AVLV. On fees, AVLV is cheaper at 0.15% per year. On volatility, AVLV has been the lower-risk option at 3.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GDXJ or AVLV?

Over the 3-year period, GDXJ has performed better with a 44.17% return vs 22.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GDXJ or AVLV?

AVLV is cheaper with a 0.15% expense ratio, compared with 0.52% for GDXJ.

Which ETF pays a higher dividend yield, GDXJ or AVLV?

GDXJ has the higher dividend yield at 2.54%, compared with 1.37% for AVLV.

What is the main difference between GDXJ and AVLV?

GDXJ is categorized as Gold, while AVLV is Large Cap Value Equities. They also come from different issuers: VanEck and Avantis. Their fees differ too: 0.52% for GDXJ and 0.15% for AVLV.

Which has better risk-adjusted returns?

AVLV currently has the higher Sharpe Ratio (3.10 vs 1.00), 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.