USD=X vs. GDX
USD=X (USD Cash) is a currency, while GDX (VanEck Gold Miners ETF) is Gold fund tracking the NYSE MarketVector Global Gold Miners Index. Over the past 10 years, USD=X returned 0.00%/yr vs 12.82%/yr for GDX.
Performance
USD=X vs. GDX - Performance Comparison
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Returns By Period
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
GDX
- 1D
- -0.22%
- 1M
- -16.83%
- YTD
- -8.28%
- 6M
- 0.10%
- 1Y
- 53.51%
- 3Y*
- 37.89%
- 5Y*
- 17.28%
- 10Y*
- 12.82%
USD=X vs. GDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GDX VanEck Gold Miners ETF | -8.28% | 154.77% | 10.63% | 9.98% | -9.01% | -9.52% | 23.66% | 39.84% | -8.77% | 11.99% |
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Return for Risk
USD=X vs. GDX — Risk / Return Rank
USD=X
GDX
USD=X vs. GDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USD Cash (USD=X) and VanEck 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| USD=X | GDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.16 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.47 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.35 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | — | 0.12 | — |
Drawdowns
USD=X vs. GDX - Drawdown Comparison
The maximum USD=X drawdown since its inception was 0.00%, smaller than the maximum GDX drawdown of -80.34%. Use the drawdown chart below to compare losses from any high point for USD=X and GDX.
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Drawdown Indicators
| USD=X | GDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -80.34% | +80.34% |
Max Drawdown (1Y)Largest decline over 1 year | 0.00% | -32.09% | +32.09% |
Max Drawdown (3Y)Largest decline over 3 years | 0.00% | -32.09% | +32.09% |
Max Drawdown (5Y)Largest decline over 5 years | 0.00% | -46.51% | +46.51% |
Max Drawdown (10Y)Largest decline over 10 years | 0.00% | -49.79% | +49.79% |
Current DrawdownCurrent decline from peak | 0.00% | -32.09% | +32.09% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -40.43% | +40.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 12.42% | -12.42% |
Volatility
USD=X vs. GDX - Volatility Comparison
The current volatility for USD Cash (USD=X) is 0.00%, while VanEck Gold Miners ETF (GDX) has a volatility of 16.05%. This indicates that USD=X 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.
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Volatility by Period
| USD=X | GDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 16.05% | -16.05% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 38.61% | -38.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.00% | 46.36% | -46.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.00% | 36.61% | -36.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.00% | 37.27% | -37.27% |
Frequently Asked Questions
GDX has higher volatility (16.05%) compared to USD=X (0.00%). In terms of maximum drawdown, USD=X dropped 0.00% vs GDX's -80.34%.
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