GDXJ vs. WDH
GDXJ (VanEck Junior Gold Miners ETF) is Gold fund tracking the MVIS Global Junior Gold Miners Index, while WDH (Waterdrop Inc.) is a stock. Over the past 5 years, GDXJ returned 16.23%/yr vs -27.99%/yr for WDH. At a 0.14 correlation, their price movements are largely independent.
Performance
GDXJ vs. WDH - Performance Comparison
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Returns By Period
In the year-to-date period, GDXJ achieves a -8.37% return, which is significantly higher than WDH's -24.98% 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%
WDH
- 1D
- -0.71%
- 1M
- -11.39%
- YTD
- -24.98%
- 6M
- -20.37%
- 1Y
- 4.96%
- 3Y*
- -14.35%
- 5Y*
- -27.99%
- 10Y*
- —
GDXJ vs. WDH - 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% | -15.26% |
WDH Waterdrop Inc. | -24.98% | 66.25% | 19.17% | -68.77% | 141.30% | -86.54% |
Correlation
The correlation between GDXJ and WDH is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since May 7, 2021 | 0.14 |
The correlation between GDXJ and WDH shifts across timeframes, from 0.12 (3 years) to 0.24 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GDXJ vs. WDH — Risk / Return Rank
GDXJ
WDH
GDXJ vs. WDH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Junior Gold Miners ETF (GDXJ) and Waterdrop Inc. (WDH). 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 | WDH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.06 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.30 | 0.17 | +1.13 |
| Martin ratioReturn relative to average drawdown | 3.55 | 0.36 | +3.19 |
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Drawdowns
GDXJ vs. WDH - Drawdown Comparison
The maximum GDXJ drawdown since its inception was -88.66%, roughly equal to the maximum WDH drawdown of -91.12%. Use the drawdown chart below to compare losses from any high point for GDXJ and WDH.
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Drawdown Indicators
| GDXJ | WDH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.66% | -91.12% | +2.46% |
Max Drawdown (1Y)Largest decline over 1 year | -39.47% | -29.00% | -10.47% |
Max Drawdown (3Y)Largest decline over 3 years | -39.47% | -62.60% | +23.13% |
Max Drawdown (5Y)Largest decline over 5 years | -49.76% | -88.67% | +38.91% |
Max Drawdown (10Y)Largest decline over 10 years | -57.77% | — | — |
Current DrawdownCurrent decline from peak | -33.25% | -84.92% | +51.67% |
Average DrawdownAverage peak-to-trough decline | -60.45% | -81.15% | +20.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.41% | 13.81% | +0.60% |
Volatility
GDXJ vs. WDH - Volatility Comparison
VanEck Junior Gold Miners ETF (GDXJ) has a higher volatility of 19.46% compared to Waterdrop Inc. (WDH) at 13.33%. This indicates that GDXJ's price experiences larger fluctuations and is considered to be riskier than WDH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GDXJ | WDH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.46% | 13.33% | +6.13% |
Volatility (6M)Calculated over the trailing 6-month period | 43.41% | 24.40% | +19.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.54% | 44.58% | +6.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.50% | 61.87% | -20.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.23% | 62.73% | -18.50% |
Dividends
GDXJ vs. WDH - Dividend Comparison
GDXJ's dividend yield for the trailing twelve months is around 2.54%, less than WDH's 4.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WDH Waterdrop Inc. | 4.29% | 2.63% | 5.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GDXJ and WDH have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDXJ has higher volatility (19.46%) compared to WDH (13.33%). In terms of maximum drawdown, GDXJ dropped -88.66% vs WDH's -91.12%.
GDXJ currently has the higher Sharpe Ratio (1.00 vs 0.11), 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.
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