VYMI vs. GDX
Compare and contrast key facts about Vanguard International High Dividend Yield ETF (VYMI) and VanEck Vectors Gold Miners ETF (GDX).
VYMI and GDX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VYMI is a passively managed fund by Vanguard that tracks the performance of the FTSE All-World ex US High Dividend Yield Index. It was launched on Feb 25, 2016. GDX is a passively managed fund by VanEck that tracks the performance of the NYSE Arca Gold Miners Index. It was launched on May 22, 2006. Both VYMI and GDX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VYMI or GDX.
Key characteristics
| VYMI | GDX | |
|---|---|---|
| YTD Return | 5.81% | 10.19% |
| 1Y Return | 14.11% | -1.78% |
| 3Y Return (Ann) | 5.02% | -1.34% |
| 5Y Return (Ann) | 7.44% | 12.26% |
| Sharpe Ratio | 1.19 | -0.06 |
| Daily Std Dev | 11.98% | 30.44% |
| Max Drawdown | -40.00% | -80.57% |
| Current Drawdown | 0.00% | -42.38% |
Correlation
The correlation between VYMI and GDX is 0.30, 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
VYMI vs. GDX - Performance Comparison
In the year-to-date period, VYMI achieves a 5.81% return, which is significantly lower than GDX's 10.19% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VYMI vs. GDX - Expense Ratio Comparison
VYMI has a 0.22% expense ratio, which is lower than GDX's 0.53% expense ratio.
Risk-Adjusted Performance
VYMI vs. GDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard International High Dividend Yield ETF (VYMI) 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.
Dividends
VYMI vs. GDX - Dividend Comparison
VYMI's dividend yield for the trailing twelve months is around 4.80%, more than GDX's 1.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VYMI Vanguard International High Dividend Yield ETF | 4.80% | 4.58% | 4.70% | 4.30% | 3.22% | 4.20% | 4.29% | 3.21% | 2.39% | 0.00% | 0.00% | 0.00% |
GDX VanEck Vectors Gold Miners ETF | 1.46% | 1.61% | 1.66% | 1.67% | 0.53% | 0.65% | 0.50% | 0.76% | 0.26% | 0.85% | 0.66% | 0.90% |
Drawdowns
VYMI vs. GDX - Drawdown Comparison
The maximum VYMI drawdown since its inception was -40.00%, smaller than the maximum GDX drawdown of -80.57%. Use the drawdown chart below to compare losses from any high point for VYMI and GDX. For additional features, visit the drawdowns tool.
Volatility
VYMI vs. GDX - Volatility Comparison
The current volatility for Vanguard International High Dividend Yield ETF (VYMI) is 3.92%, while VanEck Vectors Gold Miners ETF (GDX) has a volatility of 9.61%. This indicates that VYMI 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.