SLJY vs. GDXJ

Last updated Jun 24, 2026

SLJY (Amplify SILJ Covered Call ETF) and GDXJ (VanEck Junior Gold Miners ETF) are both exchange-traded funds - SLJY is a Derivative Income fund actively managed by Amplify, while GDXJ is a Gold fund tracking the MVIS Global Junior Gold Miners Index. SLJY is actively managed, while GDXJ is passively managed. Their correlation of 0.93 suggests significant overlap in exposure. SLJY charges 0.75%/yr vs 0.52%/yr for GDXJ.

Performance

SLJY vs. GDXJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify SILJ Covered Call ETF (SLJY) and VanEck Junior Gold Miners ETF (GDXJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SLJY achieves a -4.62% return, which is significantly higher than GDXJ's -11.62% return.

SLJY

• 1D: -4.03%
• 1M: -10.47%
• YTD: -4.62%
• 6M: -7.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GDXJ

• 1D: -5.24%
• 1M: -9.91%
• YTD: -11.62%
• 6M: -16.20%
• 1Y: 51.11%
• 3Y*: 44.53%
• 5Y*: 17.86%
• 10Y*: 10.91%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SLJY vs. GDXJ - Yearly Performance Comparison

	2026 (YTD)	2025
SLJY Amplify SILJ Covered Call ETF	-4.62%	42.11%
GDXJ VanEck Junior Gold Miners ETF	-11.62%	57.94%

Correlation

The correlation between SLJY and GDXJ is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025	0.93

Return for Risk

SLJY vs. GDXJ — Risk / Return Rank

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

SLJY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GDXJ

GDXJ Risk / Return Rank: 28
GDXJ Sharpe Ratio Rank: 28
GDXJ Sortino Ratio Rank: 27
GDXJ Omega Ratio Rank: 29
GDXJ Calmar Ratio Rank: 27
GDXJ Martin Ratio Rank: 26

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.

SLJY vs. GDXJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify SILJ Covered Call ETF (SLJY) and VanEck 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SLJY	GDXJ	Difference
Sharpe ratio: Return per unit of total volatility	—	0.98	—
Sortino ratio: Return per unit of downside risk	—	1.45	—
Omega ratio: Gain probability vs. loss probability	—	1.20	—
Calmar ratio: Return relative to maximum drawdown	—	1.30	—
Martin ratio: Return relative to average drawdown	—	3.40	—

Drawdowns

SLJY vs. GDXJ - Drawdown Comparison

The maximum SLJY drawdown since its inception was -32.40%, smaller than the maximum GDXJ drawdown of -88.66%. Use the drawdown chart below to compare losses from any high point for SLJY and GDXJ.

Drawdown Indicators

	SLJY	GDXJ	Difference
Max Drawdown Largest peak-to-trough decline	-32.40%	-88.66%	+56.26%
Max Drawdown (1Y) Largest decline over 1 year	—	-39.47%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-39.47%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-48.79%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-57.77%	—
Current Drawdown Current decline from peak	-30.62%	-35.62%	+5.00%
Average Drawdown Average peak-to-trough decline	-10.64%	-60.40%	+49.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	15.08%	—

Volatility

Volatility by Period

	SLJY	GDXJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	20.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	44.45%	—
Volatility (1Y) Calculated over the trailing 1-year period	50.39%	52.42%	-2.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.39%	41.71%	+8.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.39%	44.30%	+6.09%

SLJY vs. GDXJ - Expense Ratio Comparison

SLJY has a 0.75% expense ratio, which is higher than GDXJ's 0.52% expense ratio.

Dividends

SLJY vs. GDXJ - Dividend Comparison

SLJY's dividend yield for the trailing twelve months is around 18.88%, more than GDXJ's 2.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GDXJ VanEck Junior Gold Miners ETF	2.63%	2.33%	2.61%	0.72%	0.51%	1.78%	1.58%	0.39%	0.45%	0.03%	4.78%	0.72%
SLJY Amplify SILJ Covered Call ETF	18.88%	6.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SLJY and GDXJ in my portfolio?

With a correlation of 0.93, SLJY and GDXJ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, SLJY or GDXJ?

On fees, GDXJ is cheaper at 0.52% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SLJY or GDXJ?

GDXJ is cheaper with a 0.52% expense ratio, compared with 0.75% for SLJY.

Which ETF pays a higher dividend yield, SLJY or GDXJ?

SLJY has the higher dividend yield at 18.88%, compared with 2.63% for GDXJ.

What is the main difference between SLJY and GDXJ?

SLJY is categorized as Derivative Income, while GDXJ is Gold. They also come from different issuers: Amplify and VanEck. Their fees differ too: 0.75% for SLJY and 0.52% for GDXJ.