USGO vs. GDXJ

Last updated Apr 1, 2026

Compare and contrast key facts about U.S. GoldMining Inc (USGO) and VanEck Vectors Junior Gold Miners ETF (GDXJ).

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.

Performance

USGO vs. GDXJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in U.S. GoldMining Inc (USGO) and VanEck Vectors Junior Gold Miners ETF (GDXJ). The values are adjusted to include any dividend payments, if applicable.

USGO vs. GDXJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
USGO U.S. GoldMining Inc	31.86%	2.44%	17.86%	-19.19%
GDXJ VanEck Vectors Junior Gold Miners ETF	5.50%	172.28%	15.67%	-6.24%

Returns By Period

In the year-to-date period, USGO achieves a 31.86% return, which is significantly higher than GDXJ's 5.50% return.

USGO

• 1D: 5.44%
• 1M: -3.45%
• YTD: 31.86%
• 6M: -9.53%
• 1Y: 18.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GDXJ

• 1D: 8.53%
• 1M: -23.14%
• YTD: 5.50%
• 6M: 24.01%
• 1Y: 114.70%
• 3Y*: 47.55%
• 5Y*: 22.70%
• 10Y*: 17.38%

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

Return for Risk

USGO vs. GDXJ — Risk / Return Rank

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

USGO

USGO Risk / Return Rank: 53
USGO Sharpe Ratio Rank: 50
USGO Sortino Ratio Rank: 55
USGO Omega Ratio Rank: 51
USGO Calmar Ratio Rank: 57
USGO Martin Ratio Rank: 54

GDXJ

GDXJ Risk / Return Rank: 92
GDXJ Sharpe Ratio Rank: 95
GDXJ Sortino Ratio Rank: 90
GDXJ Omega Ratio Rank: 89
GDXJ Calmar Ratio Rank: 94
GDXJ Martin Ratio Rank: 92

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.

USGO vs. GDXJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for U.S. GoldMining Inc (USGO) 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.

	USGO	GDXJ	Difference
Sharpe ratio Return per unit of total volatility	0.25	2.27	-2.02
Sortino ratio Return per unit of downside risk	0.99	2.50	-1.50
Omega ratio Gain probability vs. loss probability	1.11	1.36	-0.25
Calmar ratio Return relative to maximum drawdown	0.69	3.52	-2.84
Martin ratio Return relative to average drawdown	1.23	12.30	-11.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USGO vs. GDXJ - Sharpe Ratio Comparison

The current USGO Sharpe Ratio is 0.25, which is lower than the GDXJ Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of USGO and GDXJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	USGO	GDXJ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.25	2.27	-2.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.56	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.39	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.07	+0.04

Correlation

The correlation between USGO and GDXJ is 0.26, 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.

Dividends

USGO vs. GDXJ - Dividend Comparison

USGO has not paid dividends to shareholders, while GDXJ's dividend yield for the trailing twelve months is around 2.21%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
USGO U.S. GoldMining Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GDXJ VanEck Vectors Junior Gold Miners ETF	2.21%	2.33%	2.61%	0.72%	0.51%	1.78%	1.58%	0.39%	0.45%	0.03%	4.78%	0.72%

Drawdowns

USGO vs. GDXJ - Drawdown Comparison

The maximum USGO drawdown since its inception was -69.34%, smaller than the maximum GDXJ drawdown of -88.66%. Use the drawdown chart below to compare losses from any high point for USGO and GDXJ.

Drawdown Indicators

	USGO	GDXJ	Difference
Max Drawdown Largest peak-to-trough decline	-69.34%	-88.66%	+19.32%
Max Drawdown (1Y) Largest decline over 1 year	-39.45%	-32.92%	-6.53%
Max Drawdown (5Y) Largest decline over 5 years	—	-51.76%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-57.77%	—
Current Drawdown Current decline from peak	-27.81%	-23.14%	-4.67%
Average Drawdown Average peak-to-trough decline	-43.26%	-60.91%	+17.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.11%	9.43%	+12.68%

Volatility

USGO vs. GDXJ - Volatility Comparison

U.S. GoldMining Inc (USGO) and VanEck Vectors Junior Gold Miners ETF (GDXJ) have volatilities of 21.39% and 20.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USGO	GDXJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.39%	20.63%	+0.76%
Volatility (6M) Calculated over the trailing 6-month period	54.04%	42.33%	+11.71%
Volatility (1Y) Calculated over the trailing 1-year period	74.11%	50.75%	+23.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.69%	40.56%	+41.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.69%	44.45%	+37.24%