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GDXJ vs. SILJ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GDXJ and SILJ is 0.88, 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.


-0.50.00.51.00.9

Performance

GDXJ vs. SILJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Junior Gold Miners ETF (GDXJ) and ETFMG Prime Junior Silver Miners ETF (SILJ). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
1.60%
-8.20%
GDXJ
SILJ

Key characteristics

Sharpe Ratio

GDXJ:

0.38

SILJ:

0.27

Sortino Ratio

GDXJ:

0.76

SILJ:

0.66

Omega Ratio

GDXJ:

1.09

SILJ:

1.08

Calmar Ratio

GDXJ:

0.18

SILJ:

0.18

Martin Ratio

GDXJ:

1.41

SILJ:

0.88

Ulcer Index

GDXJ:

9.60%

SILJ:

12.22%

Daily Std Dev

GDXJ:

35.97%

SILJ:

39.89%

Max Drawdown

GDXJ:

-88.66%

SILJ:

-79.04%

Current Drawdown

GDXJ:

-67.45%

SILJ:

-43.93%

Returns By Period

In the year-to-date period, GDXJ achieves a 16.14% return, which is significantly higher than SILJ's 8.80% return. Over the past 10 years, GDXJ has outperformed SILJ with an annualized return of 8.33%, while SILJ has yielded a comparatively lower 3.69% annualized return.


GDXJ

YTD

16.14%

1M

-8.61%

6M

1.62%

1Y

17.10%

5Y*

3.89%

10Y*

8.33%

SILJ

YTD

8.80%

1M

-10.60%

6M

-5.47%

1Y

6.16%

5Y*

0.31%

10Y*

3.69%

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GDXJ vs. SILJ - Expense Ratio Comparison

GDXJ has a 0.54% expense ratio, which is lower than SILJ's 0.69% expense ratio.


SILJ
ETFMG Prime Junior Silver Miners ETF
Expense ratio chart for SILJ: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%
Expense ratio chart for GDXJ: current value at 0.54% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.54%

Risk-Adjusted Performance

GDXJ vs. SILJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Junior Gold Miners ETF (GDXJ) and ETFMG Prime Junior Silver Miners ETF (SILJ). 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.


Sharpe ratio
The chart of Sharpe ratio for GDXJ, currently valued at 0.38, compared to the broader market0.002.004.000.380.16
The chart of Sortino ratio for GDXJ, currently valued at 0.76, compared to the broader market-2.000.002.004.006.008.0010.000.760.50
The chart of Omega ratio for GDXJ, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.001.091.06
The chart of Calmar ratio for GDXJ, currently valued at 0.23, compared to the broader market0.005.0010.0015.000.230.10
The chart of Martin ratio for GDXJ, currently valued at 1.41, compared to the broader market0.0020.0040.0060.0080.00100.001.410.50
GDXJ
SILJ

The current GDXJ Sharpe Ratio is 0.38, which is higher than the SILJ Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of GDXJ and SILJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
0.38
0.16
GDXJ
SILJ

Dividends

GDXJ vs. SILJ - Dividend Comparison

GDXJ has not paid dividends to shareholders, while SILJ's dividend yield for the trailing twelve months is around 0.01%.


TTM20232022202120202019201820172016201520142013
GDXJ
VanEck Vectors Junior Gold Miners ETF
0.00%0.72%0.51%1.78%1.58%0.39%0.45%0.03%4.78%0.72%0.74%0.00%
SILJ
ETFMG Prime Junior Silver Miners ETF
0.01%0.01%0.06%0.36%1.23%1.45%1.65%0.00%0.52%2.45%0.00%0.10%

Drawdowns

GDXJ vs. SILJ - Drawdown Comparison

The maximum GDXJ drawdown since its inception was -88.66%, which is greater than SILJ's maximum drawdown of -79.04%. Use the drawdown chart below to compare losses from any high point for GDXJ and SILJ. For additional features, visit the drawdowns tool.


-45.00%-40.00%-35.00%-30.00%-25.00%JulyAugustSeptemberOctoberNovemberDecember
-40.99%
-43.93%
GDXJ
SILJ

Volatility

GDXJ vs. SILJ - Volatility Comparison

The current volatility for VanEck Vectors Junior Gold Miners ETF (GDXJ) is 10.99%, while ETFMG Prime Junior Silver Miners ETF (SILJ) has a volatility of 11.64%. This indicates that GDXJ experiences smaller price fluctuations and is considered to be less risky than SILJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
10.99%
11.64%
GDXJ
SILJ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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