GDXJ vs. NEM
Compare and contrast key facts about VanEck Vectors Junior Gold Miners ETF (GDXJ) and Newmont Goldcorp Corporation (NEM).
GDXJ is a passively managed fund by VanEck that tracks the performance of the MVIS Global Junior Gold Miners Index. It was launched on Nov 10, 2009.
Performance
GDXJ vs. NEM - Performance Comparison
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GDXJ vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GDXJ VanEck Vectors Junior Gold Miners ETF | 10.08% | 172.28% | 15.67% | 7.12% | -14.53% | -21.25% | 30.40% | 40.44% | -11.02% | 8.22% |
NEM Newmont Goldcorp Corporation | 14.19% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
Returns By Period
In the year-to-date period, GDXJ achieves a 10.08% return, which is significantly lower than NEM's 14.19% return. Both investments have delivered pretty close results over the past 10 years, with GDXJ having a 17.88% annualized return and NEM not far ahead at 18.49%.
GDXJ
- 1D
- 4.34%
- 1M
- -19.21%
- YTD
- 10.08%
- 6M
- 28.26%
- 1Y
- 125.16%
- 3Y*
- 49.66%
- 5Y*
- 23.75%
- 10Y*
- 17.88%
NEM
- 1D
- 5.12%
- 1M
- -11.43%
- YTD
- 14.19%
- 6M
- 33.04%
- 1Y
- 138.70%
- 3Y*
- 35.70%
- 5Y*
- 16.43%
- 10Y*
- 18.49%
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Return for Risk
GDXJ vs. NEM — Risk / Return Rank
GDXJ
NEM
GDXJ vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Junior Gold Miners ETF (GDXJ) and Newmont Goldcorp Corporation (NEM). 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.
| GDXJ | NEM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.47 | 3.02 | -0.54 |
Sortino ratioReturn per unit of downside risk | 2.63 | 3.05 | -0.41 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.44 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 3.77 | 5.09 | -1.32 |
Martin ratioReturn relative to average drawdown | 13.05 | 16.88 | -3.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GDXJ | NEM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.47 | 3.02 | -0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.45 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.52 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 0.13 | -0.06 |
Correlation
The correlation between GDXJ and NEM is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GDXJ vs. NEM - Dividend Comparison
GDXJ's dividend yield for the trailing twelve months is around 2.12%, more than NEM's 0.89% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDXJ VanEck Vectors Junior Gold Miners ETF | 2.12% | 2.33% | 2.61% | 0.72% | 0.51% | 1.78% | 1.58% | 0.39% | 0.45% | 0.03% | 4.78% | 0.72% |
NEM Newmont Goldcorp Corporation | 0.89% | 1.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% |
Drawdowns
GDXJ vs. NEM - Drawdown Comparison
The maximum GDXJ drawdown since its inception was -88.66%, which is greater than NEM's maximum drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for GDXJ and NEM.
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Drawdown Indicators
| GDXJ | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.66% | -81.30% | -7.36% |
Max Drawdown (1Y)Largest decline over 1 year | -32.92% | -27.25% | -5.67% |
Max Drawdown (5Y)Largest decline over 5 years | -51.76% | -62.40% | +10.64% |
Max Drawdown (10Y)Largest decline over 10 years | -57.77% | -62.40% | +4.63% |
Current DrawdownCurrent decline from peak | -19.81% | -13.59% | -6.22% |
Average DrawdownAverage peak-to-trough decline | -60.90% | -41.49% | -19.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.51% | 8.22% | +1.29% |
Volatility
GDXJ vs. NEM - Volatility Comparison
VanEck Vectors Junior Gold Miners ETF (GDXJ) has a higher volatility of 19.46% compared to Newmont Goldcorp Corporation (NEM) at 14.22%. This indicates that GDXJ's price experiences larger fluctuations and is considered to be riskier than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GDXJ | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.46% | 14.22% | +5.24% |
Volatility (6M)Calculated over the trailing 6-month period | 42.52% | 37.77% | +4.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.91% | 46.28% | +4.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.57% | 36.92% | +3.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.46% | 35.68% | +8.78% |