GIL vs. GDXY
GIL (Gildan Activewear Inc.) is a stock, while GDXY (YieldMax Gold Miners Option Income Strategy ETF) is Derivative Income fund managed by YieldMax. Over the past year, GIL returned 33.46% vs 20.95% for GDXY. At a 0.22 correlation, their price movements are largely independent.
Performance
GIL vs. GDXY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GIL achieves a -1.83% return, which is significantly higher than GDXY's -12.32% return.
GIL
- 1D
- 1.81%
- 1M
- 6.91%
- YTD
- -1.83%
- 6M
- 1.32%
- 1Y
- 33.46%
- 3Y*
- 29.16%
- 5Y*
- 13.34%
- 10Y*
- 9.52%
GDXY
- 1D
- 2.43%
- 1M
- -14.26%
- YTD
- -12.32%
- 6M
- -11.68%
- 1Y
- 20.95%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GIL vs. GDXY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GIL Gildan Activewear Inc. | -1.83% | 35.08% | 33.37% |
GDXY YieldMax Gold Miners Option Income Strategy ETF | -12.32% | 88.08% | -11.84% |
Correlation
The correlation between GIL and GDXY is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since May 21, 2024 | 0.22 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GIL vs. GDXY — Risk / Return Rank
GIL
GDXY
GIL vs. GDXY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gildan Activewear Inc. (GIL) and YieldMax Gold Miners Option Income Strategy ETF (GDXY). 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.
| GIL | GDXY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.13 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.14 | 0.65 | +0.49 |
| Martin ratioReturn relative to average drawdown | 2.74 | 1.83 | +0.91 |
Loading charts...
Drawdowns
GIL vs. GDXY - Drawdown Comparison
The maximum GIL drawdown since its inception was -87.23%, which is greater than GDXY's maximum drawdown of -34.16%. Use the drawdown chart below to compare losses from any high point for GIL and GDXY.
Loading charts...
Drawdown Indicators
| GIL | GDXY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.23% | -34.16% | -53.07% |
Max Drawdown (1Y)Largest decline over 1 year | -25.71% | -34.16% | +8.45% |
Max Drawdown (3Y)Largest decline over 3 years | -31.28% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -37.97% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -74.44% | — | — |
Current DrawdownCurrent decline from peak | -15.52% | -29.61% | +14.09% |
Average DrawdownAverage peak-to-trough decline | -19.14% | -6.72% | -12.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.70% | 12.05% | -1.35% |
Volatility
GIL vs. GDXY - Volatility Comparison
The current volatility for Gildan Activewear Inc. (GIL) is 10.74%, while YieldMax Gold Miners Option Income Strategy ETF (GDXY) has a volatility of 14.51%. This indicates that GIL experiences smaller price fluctuations and is considered to be less risky than GDXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GIL | GDXY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.74% | 14.51% | -3.77% |
Volatility (6M)Calculated over the trailing 6-month period | 26.40% | 32.60% | -6.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.65% | 38.00% | -3.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.13% | 32.36% | -0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.61% | 32.36% | +2.25% |
Dividends
GIL vs. GDXY - Dividend Comparison
GIL's dividend yield for the trailing twelve months is around 1.56%, less than GDXY's 82.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDXY YieldMax Gold Miners Option Income Strategy ETF | 82.04% | 52.13% | 23.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GIL Gildan Activewear Inc. | 1.56% | 1.45% | 1.74% | 2.25% | 2.47% | 1.53% | 0.55% | 1.82% | 1.48% | 1.16% | 1.23% | 0.91% |
Frequently Asked Questions
GIL and GDXY have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDXY has higher volatility (14.51%) compared to GIL (10.74%). In terms of maximum drawdown, GIL dropped -87.23% vs GDXY's -34.16%.
GIL currently has the higher Sharpe Ratio (0.85 vs 0.58), 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.
Find the right allocation for GIL and GDXY
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