PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
GIGB.L vs. MINT.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GIGB.L vs. MINT.L

Last updated Jul 16, 2026
Documentation

GIGB.L (VanEck S&P Global Mining UCITS ETF) and MINT.L (PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF) are both Global Equities funds - GIGB.L tracks the VanEck S&P Global Mining UCITS ETF while MINT.L tracks the PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF. Both are passively managed. Over the past 5 years, GIGB.L returned 13.45%/yr vs 3.84%/yr for MINT.L. At a correlation of -0.14, they often move in opposite directions.

Performance

GIGB.L vs. MINT.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in VanEck S&P Global Mining UCITS ETF (GIGB.L) and PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF (MINT.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

GIGB.L is traded in GBP, while MINT.L is traded in USD. To make them comparable, the MINT.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, GIGB.L achieves a 0.48% return, which is significantly lower than MINT.L's 1.92% return.

GIGB.L

1D
0.00%
1M
-13.91%
6M
-11.20%
YTD
0.48%
1Y
52.68%
3Y*
20.60%
5Y*
13.45%
10Y*
—

MINT.L

1D
0.00%
1M
-0.55%
6M
1.49%
YTD
1.92%
1Y
3.41%
3Y*
4.02%
5Y*
3.84%
10Y*
2.43%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GIGB.L vs. MINT.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
GIGB.L
VanEck S&P Global Mining UCITS ETF		0.48%77.74%-7.37%-1.37%15.87%8.64%27.01%21.34%-33.33%
MINT.L
PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF		1.92%-2.80%7.60%0.43%11.14%0.85%-1.68%-0.65%13.38%

Correlation

The correlation between GIGB.L and MINT.L is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

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

-0.23

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

-0.22

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

-0.24

Correlation (All Time)
Calculated using the full available price history since Apr 18, 2018

-0.14

Compare stocks, funds, or ETFs

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

VanEck S&P Global Mining UCITS ETF

PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF

Return for Risk

GIGB.L vs. MINT.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GIGB.L
GIGB.L Risk / Return Rank: 4848
Overall Rank
GIGB.L Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
GIGB.L Sortino Ratio Rank: 4949
Sortino Ratio Rank
GIGB.L Omega Ratio Rank: 4848
Omega Ratio Rank
GIGB.L Calmar Ratio Rank: 4747
Calmar Ratio Rank
GIGB.L Martin Ratio Rank: 4141
Martin Ratio Rank
MINT.L
MINT.L Risk / Return Rank: 9999
Overall Rank
MINT.L Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
MINT.L Sortino Ratio Rank: 9999
Sortino Ratio Rank
MINT.L Omega Ratio Rank: 9999
Omega Ratio Rank
MINT.L Calmar Ratio Rank: 9999
Calmar Ratio Rank
MINT.L Martin Ratio Rank: 9999
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.

GIGB.L vs. MINT.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck S&P Global Mining UCITS ETF (GIGB.L) and PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF (MINT.L). 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.

GIGB.LMINT.LDifference
Sharpe ratioReturn per unit of total volatility
1.53
0.55

+0.98

Sortino ratioReturn per unit of downside risk
2.03
0.82

+1.21

Omega ratioGain probability vs. loss probability

1.25

1.10

+0.16

Calmar ratioReturn relative to maximum drawdown

1.95

0.72

+1.23

Martin ratioReturn relative to average drawdown

5.30

1.97

+3.32

GIGB.L vs. MINT.L - Sharpe Ratio Comparison

The current GIGB.L Sharpe Ratio is 1.53, which is higher than the MINT.L Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of GIGB.L and MINT.L, 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

GIGB.L vs. MINT.L - Drawdown Comparison

The maximum GIGB.L drawdown since its inception was -45.07%, which is greater than MINT.L's maximum drawdown of -15.69%. Use the drawdown chart below to compare losses from any high point for GIGB.L and MINT.L.

Loading charts...

Drawdown Indicators

GIGB.LMINT.LDifference

Max Drawdown

Largest peak-to-trough decline

-45.07%

-15.69%

-29.38%

Max Drawdown (1Y)

Largest decline over 1 year

-26.52%

-5.03%

-21.49%

Max Drawdown (3Y)

Largest decline over 3 years

-26.52%

-9.68%

-16.84%

Max Drawdown (5Y)

Largest decline over 5 years

-29.29%

-15.65%

-13.64%

Max Drawdown (10Y)

Largest decline over 10 years

—

-15.69%

—

Current Drawdown

Current decline from peak

-24.02%

-4.61%

-19.41%

Average Drawdown

Average peak-to-trough decline

-14.82%

-6.12%

-8.70%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.76%

1.83%

+7.93%

Volatility

GIGB.L vs. MINT.L - Volatility Comparison

VanEck S&P Global Mining UCITS ETF (GIGB.L) has a higher volatility of 10.51% compared to PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF (MINT.L) at 1.67%. This indicates that GIGB.L's price experiences larger fluctuations and is considered to be riskier than MINT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

GIGB.LMINT.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.51%

1.67%

+8.84%

Volatility (6M)

Calculated over the trailing 6-month period

28.35%

5.05%

+23.30%

Volatility (1Y)

Calculated over the trailing 1-year period

33.84%

6.57%

+27.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.68%

8.43%

+21.25%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.36%

8.71%

+20.65%

Dividends

GIGB.L vs. MINT.L - Dividend Comparison

GIGB.L has not paid dividends to shareholders, while MINT.L's dividend yield for the trailing twelve months is around 4.36%.

PositionTTM20252024202320222021202020192018201720162015
GIGB.L
VanEck S&P Global Mining UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
MINT.L
PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF		4.36%4.43%5.18%4.81%1.51%0.34%1.17%2.63%2.33%1.56%1.31%0.79%

Frequently Asked Questions

GIGB.L and MINT.L have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

GIGB.L tracks VanEck S&P Global Mining UCITS ETF, while MINT.L tracks PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF. They also come from different issuers: VanEck and PIMCO.

Portfolio Optimizer

Find the right allocation for GIGB.L and MINT.L

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