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GOLD vs. GDXJ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GOLD and GDXJ is 0.83, 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.


-0.50.00.51.00.8

Performance

GOLD vs. GDXJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Barrick Gold Corporation (GOLD) and VanEck Vectors Junior Gold Miners ETF (GDXJ). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%AugustSeptemberOctoberNovemberDecember2025
-11.70%
-2.62%
GOLD
GDXJ

Key characteristics

Sharpe Ratio

GOLD:

-0.25

GDXJ:

0.82

Sortino Ratio

GOLD:

-0.12

GDXJ:

1.32

Omega Ratio

GOLD:

0.99

GDXJ:

1.16

Calmar Ratio

GOLD:

-0.12

GDXJ:

0.38

Martin Ratio

GOLD:

-0.73

GDXJ:

3.31

Ulcer Index

GOLD:

11.40%

GDXJ:

8.95%

Daily Std Dev

GOLD:

33.57%

GDXJ:

35.92%

Max Drawdown

GOLD:

-88.51%

GDXJ:

-88.66%

Current Drawdown

GOLD:

-63.57%

GDXJ:

-65.61%

Returns By Period

In the year-to-date period, GOLD achieves a 2.19% return, which is significantly lower than GDXJ's 6.08% return. Over the past 10 years, GOLD has underperformed GDXJ with an annualized return of 5.66%, while GDXJ has yielded a comparatively higher 6.64% annualized return.


GOLD

YTD

2.19%

1M

-7.26%

6M

-9.96%

1Y

-6.81%

5Y*

0.31%

10Y*

5.66%

GDXJ

YTD

6.08%

1M

-5.57%

6M

0.60%

1Y

31.56%

5Y*

3.59%

10Y*

6.64%

*Annualized

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Risk-Adjusted Performance

GOLD vs. GDXJ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GOLD
The Risk-Adjusted Performance Rank of GOLD is 3434
Overall Rank
The Sharpe Ratio Rank of GOLD is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of GOLD is 3030
Sortino Ratio Rank
The Omega Ratio Rank of GOLD is 3131
Omega Ratio Rank
The Calmar Ratio Rank of GOLD is 4040
Calmar Ratio Rank
The Martin Ratio Rank of GOLD is 3333
Martin Ratio Rank

GDXJ
The Risk-Adjusted Performance Rank of GDXJ is 3838
Overall Rank
The Sharpe Ratio Rank of GDXJ is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of GDXJ is 4242
Sortino Ratio Rank
The Omega Ratio Rank of GDXJ is 4040
Omega Ratio Rank
The Calmar Ratio Rank of GDXJ is 2626
Calmar Ratio Rank
The Martin Ratio Rank of GDXJ is 4040
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GOLD vs. GDXJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Barrick Gold Corporation (GOLD) 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.


The chart of Sharpe ratio for GOLD, currently valued at -0.25, compared to the broader market-4.00-2.000.002.00-0.250.82
The chart of Sortino ratio for GOLD, currently valued at -0.12, compared to the broader market-4.00-2.000.002.004.00-0.121.32
The chart of Omega ratio for GOLD, currently valued at 0.98, compared to the broader market0.501.001.502.000.991.16
The chart of Calmar ratio for GOLD, currently valued at -0.12, compared to the broader market0.002.004.006.00-0.120.38
The chart of Martin ratio for GOLD, currently valued at -0.73, compared to the broader market-10.000.0010.0020.00-0.733.31
GOLD
GDXJ

The current GOLD Sharpe Ratio is -0.25, which is lower than the GDXJ Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of GOLD and GDXJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50AugustSeptemberOctoberNovemberDecember2025
-0.25
0.82
GOLD
GDXJ

Dividends

GOLD vs. GDXJ - Dividend Comparison

GOLD's dividend yield for the trailing twelve months is around 2.53%, more than GDXJ's 2.46% yield.


TTM20242023202220212020201920182017201620152014
GOLD
Barrick Gold Corporation
2.53%2.58%2.21%3.78%4.11%1.36%0.70%1.40%0.83%0.50%1.89%1.86%
GDXJ
VanEck Vectors Junior Gold Miners ETF
2.46%2.61%0.72%0.51%1.78%1.58%0.39%0.45%0.03%4.78%0.72%0.74%

Drawdowns

GOLD vs. GDXJ - Drawdown Comparison

The maximum GOLD drawdown since its inception was -88.51%, roughly equal to the maximum GDXJ drawdown of -88.66%. Use the drawdown chart below to compare losses from any high point for GOLD and GDXJ. For additional features, visit the drawdowns tool.


-70.00%-65.00%-60.00%-55.00%-50.00%AugustSeptemberOctoberNovemberDecember2025
-63.57%
-65.61%
GOLD
GDXJ

Volatility

GOLD vs. GDXJ - Volatility Comparison

The current volatility for Barrick Gold Corporation (GOLD) is 8.99%, while VanEck Vectors Junior Gold Miners ETF (GDXJ) has a volatility of 11.36%. This indicates that GOLD 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.


6.00%8.00%10.00%12.00%14.00%AugustSeptemberOctoberNovemberDecember2025
8.99%
11.36%
GOLD
GDXJ