IS0E.DE vs. GDX
Compare and contrast key facts about iShares Gold Producers UCITS ETF (IS0E.DE) and VanEck Vectors Gold Miners ETF (GDX).
IS0E.DE and GDX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IS0E.DE is a passively managed fund by iShares that tracks the performance of the S&P Commodity Producers Gold. It was launched on Sep 16, 2011. GDX is a passively managed fund by VanEck that tracks the performance of the NYSE Arca Gold Miners Index. It was launched on May 22, 2006. Both IS0E.DE and GDX 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: IS0E.DE or GDX.
Key characteristics
| IS0E.DE | GDX | |
|---|---|---|
| YTD Return | 30.68% | 28.67% |
| 1Y Return | 36.45% | 37.62% |
| 3Y Return (Ann) | 9.83% | 8.66% |
| 5Y Return (Ann) | 8.91% | 9.28% |
| 10Y Return (Ann) | 12.89% | 8.95% |
| Sharpe Ratio | 1.53 | 1.37 |
| Sortino Ratio | 2.18 | 1.96 |
| Omega Ratio | 1.27 | 1.23 |
| Calmar Ratio | 1.18 | 0.77 |
| Martin Ratio | 7.11 | 5.96 |
| Ulcer Index | 6.04% | 7.30% |
| Daily Std Dev | 28.04% | 31.57% |
| Max Drawdown | -71.22% | -80.57% |
| Current Drawdown | -8.63% | -32.72% |
Correlation
The correlation between IS0E.DE and GDX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IS0E.DE vs. GDX - Performance Comparison
In the year-to-date period, IS0E.DE achieves a 30.68% return, which is significantly higher than GDX's 28.67% return. Over the past 10 years, IS0E.DE has outperformed GDX with an annualized return of 12.89%, while GDX has yielded a comparatively lower 8.95% annualized return. 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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IS0E.DE vs. GDX - Expense Ratio Comparison
IS0E.DE has a 0.55% expense ratio, which is higher than GDX's 0.53% expense ratio.
Risk-Adjusted Performance
IS0E.DE vs. GDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Gold Producers UCITS ETF (IS0E.DE) and VanEck Vectors Gold Miners ETF (GDX). 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
IS0E.DE vs. GDX - Dividend Comparison
IS0E.DE has not paid dividends to shareholders, while GDX's dividend yield for the trailing twelve months is around 1.25%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IS0E.DE iShares Gold Producers 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% |
GDX VanEck Vectors Gold Miners ETF | 1.25% | 1.61% | 1.66% | 1.67% | 0.53% | 0.65% | 0.50% | 0.76% | 0.26% | 0.85% | 0.66% | 0.90% |
Drawdowns
IS0E.DE vs. GDX - Drawdown Comparison
The maximum IS0E.DE drawdown since its inception was -71.22%, smaller than the maximum GDX drawdown of -80.57%. Use the drawdown chart below to compare losses from any high point for IS0E.DE and GDX. For additional features, visit the drawdowns tool.
Volatility
IS0E.DE vs. GDX - Volatility Comparison
The current volatility for iShares Gold Producers UCITS ETF (IS0E.DE) is 7.22%, while VanEck Vectors Gold Miners ETF (GDX) has a volatility of 7.89%. This indicates that IS0E.DE experiences smaller price fluctuations and is considered to be less risky than GDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.