WDH vs. GDXJ
WDH (Waterdrop Inc.) is a stock, while GDXJ (VanEck Junior Gold Miners ETF) is Gold fund tracking the MVIS Global Junior Gold Miners Index. Over the past 5 years, WDH returned -27.99%/yr vs 16.23%/yr for GDXJ. At a 0.14 correlation, their price movements are largely independent.
Performance
WDH vs. GDXJ - Performance Comparison
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Returns By Period
In the year-to-date period, WDH achieves a -24.98% return, which is significantly lower than GDXJ's -8.37% return.
WDH
- 1D
- -0.71%
- 1M
- -11.39%
- YTD
- -24.98%
- 6M
- -20.37%
- 1Y
- 4.96%
- 3Y*
- -14.35%
- 5Y*
- -27.99%
- 10Y*
- —
GDXJ
- 1D
- 3.15%
- 1M
- -19.14%
- YTD
- -8.37%
- 6M
- -6.68%
- 1Y
- 51.06%
- 3Y*
- 44.17%
- 5Y*
- 16.23%
- 10Y*
- 12.00%
WDH vs. GDXJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WDH Waterdrop Inc. | -24.98% | 66.25% | 19.17% | -68.77% | 141.30% | -86.54% |
GDXJ VanEck Junior Gold Miners ETF | -8.37% | 172.28% | 15.67% | 7.12% | -14.53% | -15.26% |
Correlation
The correlation between WDH and GDXJ is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since May 7, 2021 | 0.14 |
The correlation between WDH and GDXJ shifts across timeframes, from 0.12 (3 years) to 0.24 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
WDH vs. GDXJ — Risk / Return Rank
WDH
GDXJ
WDH vs. GDXJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Waterdrop Inc. (WDH) and VanEck 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.
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.
| WDH | GDXJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.88 | ||
| Sortino ratioReturn per unit of downside risk | -0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.20 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.17 | 1.30 | -1.13 |
| Martin ratioReturn relative to average drawdown | 0.36 | 3.55 | -3.19 |
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Drawdowns
WDH vs. GDXJ - Drawdown Comparison
The maximum WDH drawdown since its inception was -91.12%, roughly equal to the maximum GDXJ drawdown of -88.66%. Use the drawdown chart below to compare losses from any high point for WDH and GDXJ.
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Drawdown Indicators
| WDH | GDXJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.12% | -88.66% | -2.46% |
Max Drawdown (1Y)Largest decline over 1 year | -29.00% | -39.47% | +10.47% |
Max Drawdown (3Y)Largest decline over 3 years | -62.60% | -39.47% | -23.13% |
Max Drawdown (5Y)Largest decline over 5 years | -88.67% | -49.76% | -38.91% |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.77% | — |
Current DrawdownCurrent decline from peak | -84.92% | -33.25% | -51.67% |
Average DrawdownAverage peak-to-trough decline | -81.15% | -60.45% | -20.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.81% | 14.41% | -0.60% |
Volatility
WDH vs. GDXJ - Volatility Comparison
The current volatility for Waterdrop Inc. (WDH) is 13.33%, while VanEck Junior Gold Miners ETF (GDXJ) has a volatility of 19.46%. This indicates that WDH experiences smaller price fluctuations and is considered to be less risky than GDXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDH | GDXJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.33% | 19.46% | -6.13% |
Volatility (6M)Calculated over the trailing 6-month period | 24.40% | 43.41% | -19.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.58% | 51.54% | -6.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.87% | 41.50% | +20.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.73% | 44.23% | +18.50% |
Dividends
WDH vs. GDXJ - Dividend Comparison
WDH's dividend yield for the trailing twelve months is around 4.29%, more than GDXJ's 2.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDXJ VanEck Junior Gold Miners ETF | 2.54% | 2.33% | 2.61% | 0.72% | 0.51% | 1.78% | 1.58% | 0.39% | 0.45% | 0.03% | 4.78% | 0.72% |
WDH Waterdrop Inc. | 4.29% | 2.63% | 5.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WDH and GDXJ have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDXJ has higher volatility (19.46%) compared to WDH (13.33%). In terms of maximum drawdown, WDH dropped -91.12% vs GDXJ's -88.66%.
GDXJ currently has the higher Sharpe Ratio (1.00 vs 0.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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