GDXJ vs. XLB
Compare and contrast key facts about VanEck Vectors Junior Gold Miners ETF (GDXJ) and Materials Select Sector SPDR ETF (XLB).
GDXJ and XLB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. XLB is a passively managed fund by State Street that tracks the performance of the Materials Select Sector Index. It was launched on Dec 16, 1998. Both GDXJ and XLB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDXJ or XLB.
Key characteristics
| GDXJ | XLB | |
|---|---|---|
| YTD Return | 7.54% | 4.52% |
| 1Y Return | 0.24% | 14.04% |
| 3Y Return (Ann) | -3.95% | 4.48% |
| 5Y Return (Ann) | 8.62% | 11.79% |
| 10Y Return (Ann) | 2.33% | 8.68% |
| Sharpe Ratio | 0.13 | 0.88 |
| Daily Std Dev | 33.83% | 14.73% |
| Max Drawdown | -88.66% | -59.83% |
| Current Drawdown | -69.86% | -4.27% |
Correlation
The correlation between GDXJ and XLB is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GDXJ vs. XLB - Performance Comparison
In the year-to-date period, GDXJ achieves a 7.54% return, which is significantly higher than XLB's 4.52% return. Over the past 10 years, GDXJ has underperformed XLB with an annualized return of 2.33%, while XLB has yielded a comparatively higher 8.68% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GDXJ vs. XLB - Expense Ratio Comparison
GDXJ has a 0.54% expense ratio, which is higher than XLB's 0.13% expense ratio.
Risk-Adjusted Performance
GDXJ vs. XLB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Junior Gold Miners ETF (GDXJ) and Materials Select Sector SPDR ETF (XLB). 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.
Dividends
GDXJ vs. XLB - Dividend Comparison
GDXJ's dividend yield for the trailing twelve months is around 0.67%, less than XLB's 1.92% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDXJ VanEck Vectors Junior Gold Miners ETF | 0.67% | 0.72% | 0.51% | 1.78% | 1.58% | 0.39% | 0.45% | 0.03% | 4.78% | 0.72% | 0.74% | 0.00% |
XLB Materials Select Sector SPDR ETF | 1.92% | 2.00% | 2.26% | 1.62% | 1.72% | 1.98% | 2.20% | 1.66% | 1.95% | 2.24% | 1.97% | 2.08% |
Drawdowns
GDXJ vs. XLB - Drawdown Comparison
The maximum GDXJ drawdown since its inception was -88.66%, which is greater than XLB's maximum drawdown of -59.83%. Use the drawdown chart below to compare losses from any high point for GDXJ and XLB. For additional features, visit the drawdowns tool.
Volatility
GDXJ vs. XLB - Volatility Comparison
VanEck Vectors Junior Gold Miners ETF (GDXJ) has a higher volatility of 10.93% compared to Materials Select Sector SPDR ETF (XLB) at 3.86%. This indicates that GDXJ's price experiences larger fluctuations and is considered to be riskier than XLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.