GDXJ vs. REMX

Last updated Jun 24, 2026

GDXJ (VanEck Junior Gold Miners ETF) and REMX (VanEck Rare Earth and Strategic Metals ETF) are both exchange-traded funds - GDXJ is a Gold fund tracking the MVIS Global Junior Gold Miners Index, while REMX is a Rare Earth & Strategic Metals fund tracking the MarketVector Global Rare Earth/Strategic Metals Index. Both are passively managed. Over the past 10 years, GDXJ returned 10.91%/yr vs 10.09%/yr for REMX. At a 0.33 correlation, their price movements are largely independent. GDXJ charges 0.52%/yr vs 0.59%/yr for REMX.

Performance

GDXJ vs. REMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Junior Gold Miners ETF (GDXJ) and VanEck Rare Earth and Strategic Metals ETF (REMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GDXJ achieves a -11.62% return, which is significantly lower than REMX's 24.22% return. Over the past 10 years, GDXJ has outperformed REMX with an annualized return of 10.91%, while REMX has yielded a comparatively lower 10.09% annualized return.

GDXJ

• 1D: -5.24%
• 1M: -9.91%
• YTD: -11.62%
• 6M: -16.20%
• 1Y: 51.11%
• 3Y*: 44.53%
• 5Y*: 17.86%
• 10Y*: 10.91%

REMX

• 1D: -5.62%
• 1M: -5.16%
• YTD: 24.22%
• 6M: 22.61%
• 1Y: 139.49%
• 3Y*: 5.61%
• 5Y*: 4.37%
• 10Y*: 10.09%

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

GDXJ vs. REMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GDXJ VanEck Junior Gold Miners ETF	-11.62%	172.28%	15.67%	7.12%	-14.53%	-21.25%	30.40%	40.44%	-11.02%	8.22%
REMX VanEck Rare Earth and Strategic Metals ETF	24.22%	92.95%	-35.02%	-19.18%	-31.13%	79.81%	64.82%	0.74%	-49.63%	82.60%

Correlation

The correlation between GDXJ and REMX is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Oct 28, 2010	0.33

The correlation between GDXJ and REMX shifts across timeframes, from 0.31 (10 years) to 0.46 (1 year), reflecting how their relationship changes across market environments.

GDXJ vs. REMX - Sectors Allocation Comparison

Sectors	GDXJ	REMX
Basic Materials	99.5%	100.0%
Financial Services	0.1%	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

GDXJ vs. REMX — Risk / Return Rank

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

GDXJ

GDXJ Risk / Return Rank: 28
GDXJ Sharpe Ratio Rank: 28
GDXJ Sortino Ratio Rank: 27
GDXJ Omega Ratio Rank: 29
GDXJ Calmar Ratio Rank: 27
GDXJ Martin Ratio Rank: 26

REMX

REMX Risk / Return Rank: 80
REMX Sharpe Ratio Rank: 88
REMX Sortino Ratio Rank: 72
REMX Omega Ratio Rank: 67
REMX Calmar Ratio Rank: 93
REMX Martin Ratio Rank: 82

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. REMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Junior Gold Miners ETF (GDXJ) and VanEck Rare Earth and Strategic Metals ETF (REMX). 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	REMX	Difference
Sharpe ratio: Return per unit of total volatility	0.98	2.81	-1.83
Sortino ratio: Return per unit of downside risk	1.45	3.10	-1.65
Omega ratio: Gain probability vs. loss probability	1.20	1.38	-0.19
Calmar ratio: Return relative to maximum drawdown	1.30	6.01	-4.71
Martin ratio: Return relative to average drawdown	3.40	15.83	-12.43

GDXJ vs. REMX - Sharpe Ratio Comparison

The current GDXJ Sharpe Ratio is 0.98, which is lower than the REMX Sharpe Ratio of 2.81. The chart below compares the historical Sharpe Ratios of GDXJ and REMX, 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. REMX - Drawdown Comparison

The maximum GDXJ drawdown since its inception was -88.66%, roughly equal to the maximum REMX drawdown of -90.20%. Use the drawdown chart below to compare losses from any high point for GDXJ and REMX.

Drawdown Indicators

	GDXJ	REMX	Difference
Max Drawdown Largest peak-to-trough decline	-88.66%	-90.20%	+1.54%
Max Drawdown (1Y) Largest decline over 1 year	-39.47%	-23.35%	-16.12%
Max Drawdown (3Y) Largest decline over 3 years	-39.47%	-62.11%	+22.64%
Max Drawdown (5Y) Largest decline over 5 years	-48.79%	-73.34%	+24.55%
Max Drawdown (10Y) Largest decline over 10 years	-57.77%	-73.34%	+15.57%
Current Drawdown Current decline from peak	-35.62%	-57.95%	+22.33%
Average Drawdown Average peak-to-trough decline	-60.40%	-66.82%	+6.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.08%	8.85%	+6.23%

Volatility

GDXJ vs. REMX - Volatility Comparison

VanEck Junior Gold Miners ETF (GDXJ) has a higher volatility of 20.19% compared to VanEck Rare Earth and Strategic Metals ETF (REMX) at 16.71%. This indicates that GDXJ's price experiences larger fluctuations and is considered to be riskier than REMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GDXJ	REMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.19%	16.71%	+3.48%
Volatility (6M) Calculated over the trailing 6-month period	44.45%	37.35%	+7.10%
Volatility (1Y) Calculated over the trailing 1-year period	52.42%	49.97%	+2.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.71%	40.71%	+1.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.30%	37.16%	+7.14%

GDXJ vs. REMX - Expense Ratio Comparison

GDXJ has a 0.52% expense ratio, which is lower than REMX's 0.59% expense ratio.

Dividends

GDXJ vs. REMX - Dividend Comparison

GDXJ's dividend yield for the trailing twelve months is around 2.63%, more than REMX's 1.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GDXJ VanEck Junior Gold Miners ETF	2.63%	2.33%	2.61%	0.72%	0.51%	1.78%	1.58%	0.39%	0.45%	0.03%	4.78%	0.72%
REMX VanEck Rare Earth and Strategic Metals ETF	1.42%	1.76%	2.56%	0.00%	1.56%	5.25%	0.81%	1.64%	12.43%	2.89%	2.23%	4.77%

Frequently Asked Questions

Can I hold both GDXJ and REMX in my portfolio?

GDXJ and REMX have a correlation of 0.46, 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 REMX?

GDXJ has higher volatility (20.19%) compared to REMX (16.71%). In terms of maximum drawdown, GDXJ dropped -88.66% vs REMX's -90.20%.

Which ETF is better, GDXJ or REMX?

On 10-year performance, GDXJ leads with 10.91% vs 10.09% for REMX. On fees, GDXJ is cheaper at 0.52% per year. On volatility, REMX has been the lower-risk option at 16.71%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GDXJ or REMX?

Over the 10-year period, GDXJ has performed better with a 10.91% return vs 10.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GDXJ or REMX?

GDXJ is cheaper with a 0.52% expense ratio, compared with 0.59% for REMX.

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

GDXJ has the higher dividend yield at 2.63%, compared with 1.42% for REMX.

What is the main difference between GDXJ and REMX?

GDXJ is categorized as Gold, while REMX is Rare Earth & Strategic Metals. GDXJ tracks MVIS Global Junior Gold Miners Index, while REMX tracks MarketVector Global Rare Earth/Strategic Metals Index. Their fees differ too: 0.52% for GDXJ and 0.59% for REMX.

Which has better risk-adjusted returns?

REMX currently has the higher Sharpe Ratio (2.81 vs 0.98), 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.