PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
GDXJ vs. QURE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GDXJ vs. QURE

Last updated Jun 13, 2026

GDXJ (VanEck Junior Gold Miners ETF) is Gold fund tracking the MVIS Global Junior Gold Miners Index, while QURE (uniQure N.V.) is a stock. Over the past 10 years, GDXJ returned 12.00%/yr vs 11.46%/yr for QURE. At a 0.13 correlation, their price movements are largely independent.

Performance

GDXJ vs. QURE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Junior Gold Miners ETF (GDXJ) and uniQure N.V. (QURE). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, GDXJ achieves a -8.37% return, which is significantly lower than QURE's 15.21% return. Both investments have delivered pretty close results over the past 10 years, with GDXJ having a 12.00% annualized return and QURE not far behind at 11.46%.

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%

QURE

1D
2.80%
1M
-5.49%
YTD
15.21%
6M
41.31%
1Y
72.42%
3Y*
10.96%
5Y*
-5.23%
10Y*
11.46%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GDXJ vs. QURE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
GDXJ
VanEck Junior Gold Miners ETF		-8.37%172.28%15.67%7.12%-14.53%-21.25%30.40%40.44%-11.02%8.22%
QURE
uniQure N.V.		15.21%35.50%160.86%-70.14%9.31%-42.60%-49.58%148.65%47.12%249.82%

Correlation

The correlation between GDXJ and QURE is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.08

Correlation (3Y)
Calculated over the trailing 3-year period

0.13

Correlation (5Y)
Calculated over the trailing 5-year period

0.18

Correlation (10Y)
Calculated over the trailing 10-year period

0.13

Correlation (All Time)
Calculated using the full available price history since Feb 5, 2014

0.13

Compare stocks, funds, or ETFs

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

VanEck Junior Gold Miners ETF

uniQure N.V.

Often compared with GDXJ:
GDXJ vs. GDXGDXJ vs. GLDGDXJ vs. SILJGDXJ vs. GOLDGDXJ vs. SPYGDXJ vs. GLDMGDXJ vs. IAU
Often compared with QURE:
QURE vs. ACETQURE vs. WMTQURE vs. DIGQURE vs. LACQURE vs. FBGRXQURE vs. ASQURE vs. ACMR

Return for Risk

GDXJ vs. QURE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GDXJ
GDXJ Risk / Return Rank: 3131
Overall Rank
GDXJ Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
GDXJ Sortino Ratio Rank: 3030
Sortino Ratio Rank
GDXJ Omega Ratio Rank: 3333
Omega Ratio Rank
GDXJ Calmar Ratio Rank: 3030
Calmar Ratio Rank
GDXJ Martin Ratio Rank: 2828
Martin Ratio Rank
QURE
QURE Risk / Return Rank: 7070
Overall Rank
QURE Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
QURE Sortino Ratio Rank: 8989
Sortino Ratio Rank
QURE Omega Ratio Rank: 9292
Omega Ratio Rank
QURE Calmar Ratio Rank: 6161
Calmar Ratio Rank
QURE Martin Ratio Rank: 5757
Martin Ratio Rank
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. QURE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Junior Gold Miners ETF (GDXJ) and uniQure N.V. (QURE). 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.

GDXJQUREDifference
Sharpe ratioReturn per unit of total volatility
1.00
0.27

+0.73

Sortino ratioReturn per unit of downside risk
1.45
2.98

-1.53

Omega ratioGain probability vs. loss probability

1.20

1.45

-0.25

Calmar ratioReturn relative to maximum drawdown

1.30

0.83

+0.47

Martin ratioReturn relative to average drawdown

3.55

1.35

+2.20

GDXJ vs. QURE - Sharpe Ratio Comparison

The current GDXJ Sharpe Ratio is 1.00, which is higher than the QURE Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of GDXJ and QURE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

GDXJ vs. QURE - Drawdown Comparison

The maximum GDXJ drawdown since its inception was -88.66%, smaller than the maximum QURE drawdown of -95.40%. Use the drawdown chart below to compare losses from any high point for GDXJ and QURE.

Loading charts...

Drawdown Indicators

GDXJQUREDifference

Max Drawdown

Largest peak-to-trough decline

-88.66%

-95.40%

+6.74%

Max Drawdown (1Y)

Largest decline over 1 year

-39.47%

-87.21%

+47.74%

Max Drawdown (3Y)

Largest decline over 3 years

-39.47%

-87.21%

+47.74%

Max Drawdown (5Y)

Largest decline over 5 years

-49.76%

-90.11%

+40.35%

Max Drawdown (10Y)

Largest decline over 10 years

-57.77%

-95.40%

+37.63%

Current Drawdown

Current decline from peak

-33.25%

-66.46%

+33.21%

Average Drawdown

Average peak-to-trough decline

-60.45%

-56.61%

-3.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.41%

53.75%

-39.34%

Volatility

GDXJ vs. QURE - Volatility Comparison

The current volatility for VanEck Junior Gold Miners ETF (GDXJ) is 19.46%, while uniQure N.V. (QURE) has a volatility of 24.13%. This indicates that GDXJ experiences smaller price fluctuations and is considered to be less risky than QURE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

GDXJQUREDifference

Volatility (1M)

Calculated over the trailing 1-month period

19.46%

24.13%

-4.67%

Volatility (6M)

Calculated over the trailing 6-month period

43.41%

92.07%

-48.66%

Volatility (1Y)

Calculated over the trailing 1-year period

51.54%

273.03%

-221.49%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

41.50%

154.02%

-112.52%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

44.23%

119.76%

-75.53%

Dividends

GDXJ vs. QURE - Dividend Comparison

GDXJ's dividend yield for the trailing twelve months is around 2.54%, while QURE has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
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%
QURE
uniQure N.V.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

GDXJ and QURE have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QURE has higher volatility (24.13%) compared to GDXJ (19.46%). In terms of maximum drawdown, GDXJ dropped -88.66% vs QURE's -95.40%.

GDXJ currently has the higher Sharpe Ratio (1.00 vs 0.27), 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.

Portfolio Optimizer

Find the right allocation for GDXJ and QURE

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