GJGB.L vs. GDXJ
Compare and contrast key facts about VanEck Junior Gold Miners UCITS (GJGB.L) and VanEck Vectors Junior Gold Miners ETF (GDXJ).
GJGB.L and GDXJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GJGB.L is a passively managed fund by VanEck that tracks the performance of the EMIX Global Mining Global Gold TR USD. It was launched on Mar 25, 2015. 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. Both GJGB.L and GDXJ 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: GJGB.L or GDXJ.
Key characteristics
| GJGB.L | GDXJ | |
|---|---|---|
| YTD Return | 18.46% | 19.05% |
| 1Y Return | 31.32% | 32.12% |
| 3Y Return (Ann) | 1.02% | -1.01% |
| 5Y Return (Ann) | 5.29% | 5.06% |
| Sharpe Ratio | 0.86 | 1.09 |
| Sortino Ratio | 1.37 | 1.65 |
| Omega Ratio | 1.17 | 1.19 |
| Calmar Ratio | 0.64 | 0.51 |
| Martin Ratio | 3.69 | 4.65 |
| Ulcer Index | 8.33% | 8.52% |
| Daily Std Dev | 35.73% | 36.21% |
| Max Drawdown | -49.12% | -88.66% |
| Current Drawdown | -24.94% | -66.64% |
Correlation
The correlation between GJGB.L and GDXJ is 0.70, 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.
Performance
GJGB.L vs. GDXJ - Performance Comparison
The year-to-date returns for both investments are quite close, with GJGB.L having a 18.46% return and GDXJ slightly higher at 19.05%. 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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GJGB.L vs. GDXJ - Expense Ratio Comparison
GJGB.L has a 0.55% expense ratio, which is higher than GDXJ's 0.54% expense ratio.
Risk-Adjusted Performance
GJGB.L vs. GDXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Junior Gold Miners UCITS (GJGB.L) and VanEck Vectors Junior Gold Miners ETF (GDXJ). 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
GJGB.L vs. GDXJ - Dividend Comparison
GJGB.L has not paid dividends to shareholders, while GDXJ's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
GJGB.L VanEck Junior Gold Miners UCITS | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GDXJ VanEck Vectors Junior Gold Miners ETF | 0.61% | 0.72% | 0.51% | 1.78% | 1.58% | 0.39% | 0.45% | 0.03% | 4.78% | 0.72% | 0.74% |
Drawdowns
GJGB.L vs. GDXJ - Drawdown Comparison
The maximum GJGB.L drawdown since its inception was -49.12%, smaller than the maximum GDXJ drawdown of -88.66%. Use the drawdown chart below to compare losses from any high point for GJGB.L and GDXJ. For additional features, visit the drawdowns tool.
Volatility
GJGB.L vs. GDXJ - Volatility Comparison
The current volatility for VanEck Junior Gold Miners UCITS (GJGB.L) is 10.14%, while VanEck Vectors Junior Gold Miners ETF (GDXJ) has a volatility of 10.73%. This indicates that GJGB.L experiences smaller price fluctuations and is considered to be less risky than GDXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.