VanEck Gold Miners ETF (GDX): analysis and statistics
Return, volatility, Sharpe ratio and risk for VanEck Gold Miners ETF, in the Macro. Data as of 2026-10-29.
| Last close price | $83.95 |
| Sector (GICS) | Macro |
| Annualized return (3.0 yr) | +44.15% |
| Total return over period | +197.80% |
| Annualized volatility | 40.29% |
| Period volatility | 69.60% |
| Period T-bill | 12.40% |
| Sharpe ratio | 2.66 |
| Sortino ratio | 3.80 |
| Max drawdown | -38.93% |
| CVaR 95% (avg. loss, worst 5% of days) | -5.89% |
| Correlation with the S&P 500 | 0.35 |
| Period range | $25.30 – $115.84 |
| Trading days analyzed | 752 |
Over the last 3.0 years, VanEck Gold Miners ETF (GDX) has posted an annualized return of +44.15% with annual volatility of 40.29%, a Sharpe ratio of 2.66. Its worst stretch (max drawdown from a peak) was -38.93%. Its correlation with the S&P 500 is 0.35, which means it moves fairly independently of the index, useful for diversification.
These are historical, realized metrics, not projections: they describe how the stock behaved, not how it will behave going forward. To see how GDX would fit inside an optimized portfolio alongside other stocks, try the optimizer.
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