PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IHY vs. GDXJ
Performance
Return for Risk
Dividends
Drawdowns
Volatility

IHY vs. GDXJ

Last updated Apr 2, 2026

Compare and contrast key facts about VanEck Vectors International High Yield Bond ETF (IHY) and VanEck Vectors Junior Gold Miners ETF (GDXJ).

IHY and GDXJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IHY is a passively managed fund by VanEck that tracks the performance of the Bank of America Merrill Lynch Global Ex-­‐US Issuers High Yield Constrained Index. It was launched on Apr 2, 2012. 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 IHY 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.

Performance

IHY vs. GDXJ - Performance Comparison

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

Loading graphics...

IHY vs. GDXJ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IHY
VanEck Vectors International High Yield Bond ETF		-1.31%13.39%3.55%12.11%-14.34%-2.82%8.65%12.77%-4.52%12.54%
GDXJ
VanEck Vectors Junior Gold Miners ETF		10.08%172.28%15.67%7.12%-14.53%-21.25%30.40%40.44%-11.02%8.22%

Returns By Period

In the year-to-date period, IHY achieves a -1.31% return, which is significantly lower than GDXJ's 10.08% return. Over the past 10 years, IHY has underperformed GDXJ with an annualized return of 4.15%, while GDXJ has yielded a comparatively higher 17.88% annualized return.

IHY

1D
0.36%
1M
-1.93%
YTD
-1.31%
6M
-0.10%
1Y
8.29%
3Y*
8.02%
5Y*
1.78%
10Y*
4.15%

GDXJ

1D
4.34%
1M
-19.21%
YTD
10.08%
6M
28.26%
1Y
125.16%
3Y*
49.66%
5Y*
23.75%
10Y*
17.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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

VanEck Vectors International High Yield Bond ETF

VanEck Vectors Junior Gold Miners ETF

Often compared with IHY:
IHY vs. HYEMIHY vs. YLDIHY vs. VHTIHY vs. BKHYIHY vs. AVIGIHY vs. HYGIHY vs. VYM
Often compared with GDXJ:
GDXJ vs. GDXGDXJ vs. GLDGDXJ vs. SILJGDXJ vs. GOLDGDXJ vs. SPYGDXJ vs. GLDMGDXJ vs. IAU

IHY vs. GDXJ - Expense Ratio Comparison

IHY has a 0.40% expense ratio, which is lower than GDXJ's 0.54% expense ratio.

GDXJ
VanEck Vectors Junior Gold Miners ETF
IHY
VanEck Vectors International High Yield Bond ETF

Return for Risk

IHY vs. GDXJ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IHY
IHY Risk / Return Rank: 6868
Overall Rank
IHY Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
IHY Sortino Ratio Rank: 7272
Sortino Ratio Rank
IHY Omega Ratio Rank: 6767
Omega Ratio Rank
IHY Calmar Ratio Rank: 6666
Calmar Ratio Rank
IHY Martin Ratio Rank: 6363
Martin Ratio Rank
GDXJ
GDXJ Risk / Return Rank: 9292
Overall Rank
GDXJ Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
GDXJ Sortino Ratio Rank: 9090
Sortino Ratio Rank
GDXJ Omega Ratio Rank: 8989
Omega Ratio Rank
GDXJ Calmar Ratio Rank: 9494
Calmar Ratio Rank
GDXJ Martin Ratio Rank: 9292
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.

IHY vs. GDXJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors International High Yield Bond ETF (IHY) 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.

IHYGDXJDifference

Sharpe ratio

Return per unit of total volatility

1.32

2.47

-1.15

Sortino ratio

Return per unit of downside risk

1.89

2.63

-0.74

Omega ratio

Gain probability vs. loss probability

1.26

1.38

-0.12

Calmar ratio

Return relative to maximum drawdown

1.78

3.77

-1.99

Martin ratio

Return relative to average drawdown

6.77

13.05

-6.28

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IHY vs. GDXJ - Sharpe Ratio Comparison

The current IHY Sharpe Ratio is 1.32, which is lower than the GDXJ Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of IHY 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.

Loading graphics...

Sharpe Ratios by Period

IHYGDXJDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.32

2.47

-1.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.23

0.59

-0.36

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

0.40

+0.14

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

0.08

+0.45

Correlation

The correlation between IHY and GDXJ is 0.32, 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.

Dividends

IHY vs. GDXJ - Dividend Comparison

IHY's dividend yield for the trailing twelve months is around 5.65%, more than GDXJ's 2.12% yield.

TTM20252024202320222021202020192018201720162015
IHY
VanEck Vectors International High Yield Bond ETF		5.65%5.31%5.60%5.26%4.97%4.55%4.65%4.86%4.70%4.36%5.11%5.79%
GDXJ
VanEck Vectors Junior Gold Miners ETF		2.12%2.33%2.61%0.72%0.51%1.78%1.58%0.39%0.45%0.03%4.78%0.72%

Drawdowns

IHY vs. GDXJ - Drawdown Comparison

The maximum IHY drawdown since its inception was -27.63%, smaller than the maximum GDXJ drawdown of -88.66%. Use the drawdown chart below to compare losses from any high point for IHY and GDXJ.

Loading graphics...

Drawdown Indicators

IHYGDXJDifference

Max Drawdown

Largest peak-to-trough decline

-27.63%

-88.66%

+61.03%

Max Drawdown (1Y)

Largest decline over 1 year

-4.75%

-32.92%

+28.17%

Max Drawdown (5Y)

Largest decline over 5 years

-27.63%

-51.76%

+24.13%

Max Drawdown (10Y)

Largest decline over 10 years

-27.63%

-57.77%

+30.14%

Current Drawdown

Current decline from peak

-3.33%

-19.81%

+16.48%

Average Drawdown

Average peak-to-trough decline

-5.33%

-60.90%

+55.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.25%

9.51%

-8.26%

Volatility

IHY vs. GDXJ - Volatility Comparison

The current volatility for VanEck Vectors International High Yield Bond ETF (IHY) is 2.51%, while VanEck Vectors Junior Gold Miners ETF (GDXJ) has a volatility of 19.46%. This indicates that IHY 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.

Loading graphics...

Volatility by Period

IHYGDXJDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.51%

19.46%

-16.95%

Volatility (6M)

Calculated over the trailing 6-month period

3.72%

42.52%

-38.80%

Volatility (1Y)

Calculated over the trailing 1-year period

6.31%

50.91%

-44.60%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.74%

40.57%

-32.83%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.72%

44.46%

-36.74%