VanEck Gold Miners ETF (GDX): analysis and statistics
Return, volatility, Sharpe ratio and risk for VanEck Gold Miners ETF, in the Macro sector. Data as of 2026-09-13.
| Last close price | $97.10 |
| Sector (GICS) | Macro |
| Annualized return (3.0 yr) | +52.28% |
| Total return over period | +250.20% |
| Annualized volatility | 39.85% |
| Period volatility | 68.79% |
| Sharpe ratio | 1.21 |
| Sortino ratio | 1.75 |
| Max drawdown | -38.93% |
| CVaR 95% (avg. loss, worst 5% of days) | -5.77% |
| Correlation with the S&P 500 | 0.34 |
| Period range | $25.01 – $115.84 |
| Trading days analyzed | 751 |
Over the last 3.0 years, VanEck Gold Miners ETF (GDX) has posted an annualized return of +52.28% with annual volatility of 39.85%, a Sharpe ratio of 1.21. Its worst stretch (max drawdown from a peak) was -38.93%. Its correlation with the S&P 500 is 0.34, 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.
Optimize a portfolio with GDX →
Other Macro stocks
What is the Sharpe ratio? · How to optimize an investment portfolio