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THM vs. GDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between THM and GDX is 0.23, 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.


Performance

THM vs. GDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in International Tower Hill Mines Ltd. (THM) and VanEck Vectors Gold Miners ETF (GDX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

THM:

0.34

GDX:

1.30

Sortino Ratio

THM:

0.99

GDX:

1.72

Omega Ratio

THM:

1.11

GDX:

1.22

Calmar Ratio

THM:

0.20

GDX:

0.95

Martin Ratio

THM:

0.75

GDX:

4.54

Ulcer Index

THM:

25.31%

GDX:

9.24%

Daily Std Dev

THM:

79.50%

GDX:

34.24%

Max Drawdown

THM:

-98.18%

GDX:

-80.57%

Current Drawdown

THM:

-92.21%

GDX:

-13.59%

Returns By Period

In the year-to-date period, THM achieves a 77.51% return, which is significantly higher than GDX's 49.37% return. Over the past 10 years, THM has underperformed GDX with an annualized return of 8.73%, while GDX has yielded a comparatively higher 10.95% annualized return.


THM

YTD

77.51%

1M

30.39%

6M

76.12%

1Y

26.61%

3Y*

5.27%

5Y*

-6.48%

10Y*

8.73%

GDX

YTD

49.37%

1M

3.35%

6M

36.07%

1Y

44.11%

3Y*

18.63%

5Y*

9.56%

10Y*

10.95%

*Annualized

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VanEck Vectors Gold Miners ETF

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

THM vs. GDX — Risk-Adjusted Performance Rank

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

THM
The Risk-Adjusted Performance Rank of THM is 6262
Overall Rank
The Sharpe Ratio Rank of THM is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of THM is 6565
Sortino Ratio Rank
The Omega Ratio Rank of THM is 6161
Omega Ratio Rank
The Calmar Ratio Rank of THM is 6060
Calmar Ratio Rank
The Martin Ratio Rank of THM is 6161
Martin Ratio Rank

GDX
The Risk-Adjusted Performance Rank of GDX is 8282
Overall Rank
The Sharpe Ratio Rank of GDX is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of GDX is 8585
Sortino Ratio Rank
The Omega Ratio Rank of GDX is 8282
Omega Ratio Rank
The Calmar Ratio Rank of GDX is 7979
Calmar Ratio Rank
The Martin Ratio Rank of GDX is 8181
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.

THM vs. GDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for International Tower Hill Mines Ltd. (THM) 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.


The current THM Sharpe Ratio is 0.34, which is lower than the GDX Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of THM and GDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

THM vs. GDX - Dividend Comparison

THM has not paid dividends to shareholders, while GDX's dividend yield for the trailing twelve months is around 0.79%.


TTM20242023202220212020201920182017201620152014
THM
International Tower Hill Mines Ltd.
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
0.79%1.19%1.61%1.66%1.67%0.53%0.65%0.50%0.76%0.26%0.85%0.66%

Drawdowns

THM vs. GDX - Drawdown Comparison

The maximum THM drawdown since its inception was -98.18%, which is greater than GDX's maximum drawdown of -80.57%. Use the drawdown chart below to compare losses from any high point for THM and GDX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

THM vs. GDX - Volatility Comparison

International Tower Hill Mines Ltd. (THM) has a higher volatility of 33.31% compared to VanEck Vectors Gold Miners ETF (GDX) at 12.77%. This indicates that THM's price experiences larger fluctuations and is considered to be riskier than GDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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