SGGDX vs. GDXJ
Compare and contrast key facts about First Eagle Gold Fund (SGGDX) and VanEck Vectors Junior Gold Miners ETF (GDXJ).
SGGDX is managed by First Eagle. It was launched on Aug 30, 1993. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SGGDX or GDXJ.
Key characteristics
| SGGDX | GDXJ | |
|---|---|---|
| YTD Return | 13.01% | 22.26% |
| 1Y Return | 11.13% | 23.06% |
| 3Y Return (Ann) | 1.27% | -3.91% |
| 5Y Return (Ann) | 14.63% | 11.17% |
| 10Y Return (Ann) | 5.35% | 4.18% |
| Sharpe Ratio | 0.38 | 0.59 |
| Daily Std Dev | 23.10% | 33.80% |
| Max Drawdown | -70.69% | -88.66% |
| Current Drawdown | -22.67% | -65.74% |
Correlation
The correlation between SGGDX and GDXJ is 0.93, 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
SGGDX vs. GDXJ - Performance Comparison
In the year-to-date period, SGGDX achieves a 13.01% return, which is significantly lower than GDXJ's 22.26% return. Over the past 10 years, SGGDX has outperformed GDXJ with an annualized return of 5.35%, while GDXJ has yielded a comparatively lower 4.18% 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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SGGDX vs. GDXJ - Expense Ratio Comparison
SGGDX has a 1.19% expense ratio, which is higher than GDXJ's 0.54% expense ratio.
Risk-Adjusted Performance
SGGDX vs. GDXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Eagle Gold Fund (SGGDX) 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
SGGDX vs. GDXJ - Dividend Comparison
SGGDX's dividend yield for the trailing twelve months is around 0.77%, more than GDXJ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SGGDX First Eagle Gold Fund | 0.77% | 0.87% | 0.00% | 0.96% | 1.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GDXJ VanEck Vectors Junior Gold Miners ETF | 0.59% | 0.72% | 0.51% | 1.78% | 1.58% | 0.39% | 0.45% | 0.03% | 4.78% | 0.72% | 0.74% |
Drawdowns
SGGDX vs. GDXJ - Drawdown Comparison
The maximum SGGDX drawdown since its inception was -70.69%, smaller than the maximum GDXJ drawdown of -88.66%. Use the drawdown chart below to compare losses from any high point for SGGDX and GDXJ. For additional features, visit the drawdowns tool.
Volatility
SGGDX vs. GDXJ - Volatility Comparison
The current volatility for First Eagle Gold Fund (SGGDX) is 6.97%, while VanEck Vectors Junior Gold Miners ETF (GDXJ) has a volatility of 11.01%. This indicates that SGGDX 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.