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 10.49%/yr for GDX.
Performance
USD=X vs. GDX - Performance Comparison
Loading charts...
Returns By Period
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
- ALL TIME*
- 0.00%
GDX
- 1D
- -0.81%
- 1M
- -14.26%
- 6M
- -27.25%
- YTD
- -17.52%
- 1Y
- 39.36%
- 3Y*
- 32.51%
- 5Y*
- 17.66%
- 10Y*
- 10.49%
- ALL TIME*
- 4.33%
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 | -17.52% | 154.77% | 10.63% | 9.98% | -9.01% | -9.52% | 23.66% | 39.84% | -8.77% | 11.99% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
USD=X vs. GDX — Risk / Return Rank
USD=X
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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.
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.
| USD=X | GDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.17 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.02 | — |
| Martin ratioReturn relative to average drawdown | — | 2.36 | — |
Loading charts...
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.
Loading charts...
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% | -38.93% | +38.93% |
Max Drawdown (3Y)Largest decline over 3 years | 0.00% | -38.93% | +38.93% |
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% | -38.93% | +38.93% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -40.38% | +40.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 16.71% | -16.71% |
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 11.17%. 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.
Loading charts...
Volatility by Period
| USD=X | GDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 11.17% | -11.17% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 39.98% | -39.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.00% | 48.23% | -48.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.00% | 37.08% | -37.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.00% | 37.32% | -37.32% |
Frequently Asked Questions
GDX has higher volatility (11.17%) compared to USD=X (0.00%). In terms of maximum drawdown, USD=X dropped 0.00% vs GDX's -80.34%.
Find the right allocation for USD=X and GDX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer