VanEck Junior Gold Miners ETF

10-Year Study

GDXJ.US · · US · ETF

Executive Summary: VanEck Junior Gold Miners ETF has compounded at 16.3% annually over the last 10 years, with a maximum drawdown of 49.6% and an annualized volatility of 37.1%.

1Y CAGR
+116.1%
3Y CAGR
+56.3%
5Y CAGR
+21.1%
10Y CAGR
+16.3%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
49.6%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.57
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.22
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
40.4%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +172.3%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · -21.2%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20269.125.9-23.17.8————————13.8%
202513.10.617.67.36.43.5-5.024.623.7-5.416.76.5172.3%
2024-10.8-5.721.54.411.5-6.79.6-0.46.25.7-7.6-8.015.7%
20239.3-13.216.90.6-6.6-4.05.6-4.4-10.43.415.6-0.97.1%
2022-8.612.58.7-8.4-8.7-18.45.1-11.9-0.50.121.10.3-14.5%
2021-7.7-8.6-1.65.415.3-14.5-2.0-5.9-11.112.9-1.30.1-21.2%
2020-1.7-13.2-22.143.614.27.621.9-0.4-8.0-3.9-6.010.130.4%
20199.1-1.7-2.1-7.60.718.47.49.4-11.78.1-2.711.240.4%
2018-1.3-6.82.51.10.7-0.1-3.0-12.9-1.0-0.1-2.714.2-11.0%
201719.7-2.2-2.6-10.4-2.56.20.77.3-6.9-4.8-1.17.98.2%
2016———38.3-12.326.017.5-16.66.1-8.2-15.6-3.219.3%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 37.1%. The dominant macroeconomic risk driver is GLD.US, accounting for 52.7% of variance. Idiosyncratic stock-specific factors contribute 11.4%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0113831.212999118276
2016-05-0112136.41516563799
2016-06-0115296.21698786581
2016-07-0117978.41877650418
2016-08-0114994.583700717976
2016-09-0115903.010454717218
2016-10-0114606.793466851408
2016-11-0112323.13053701138
2016-12-0111930.63777973716
2017-01-0114286.518033337534
2017-02-0113965.108955787882
2017-03-0113605.869756896334
2017-04-0112187.80702859302
2017-05-0111885.292018306252
2017-06-0112622.664483352228
2017-07-0112713.439979846327
2017-08-0113643.657891422094
2017-09-0112702.061552672461
2017-10-0112097.031532098921
2017-11-0111968.46790107906
2017-12-0112910.77801570307
2018-01-0112740.563463072596
2018-02-0111870.512659025066
2018-03-0112161.817189402529
2018-04-0112297.980434143677
2018-05-0112381.198303732628
2018-06-0112369.861863374901
2018-07-0111999.118276861065
2018-08-0110455.724902380653
2018-09-0110349.83415207625
2018-10-0110334.676911449806
2018-11-0110058.529621698786
2018-12-0111487.42494856615
2019-01-0112528.949909728344
2019-02-0112319.897552168619
2019-03-0112061.384725196289
2019-04-0111149.095184112188
2019-05-0111225.133308141245
2019-06-0113289.205189570474
2019-07-0114269.933240962338
2019-08-0115604.190284250742
2019-09-0113783.348028718985
2019-10-0114904.731914178949
2019-11-0114501.826426502077
2019-12-0116133.18218079523
2020-01-0115858.33648234454
2020-02-0113762.438594281395
2020-03-0110727.463576437
2020-04-0115407.859931981358
2020-05-0117591.510265776546
2020-06-0118927.65671579124
2020-07-0123073.602888692953
2020-08-0122978.166855607342
2020-09-0121134.231851198725
2020-10-0120313.47356929924
2020-11-0119099.466767435024
2020-12-0121037.200319099804
2021-01-0119423.730948482178
2021-02-0117748.205063610025
2021-03-0117457.32040139396
2021-04-0118403.661250367386
2021-05-0121219.46508796238
2021-06-0118132.174497207878
2021-07-0117775.328546836296
2021-08-0116720.36780450938
2021-09-0114870.30272494437
2021-10-0116782.424318763908
2021-11-0116557.500944703366
2021-12-0116567.619767393036
2022-01-0115145.190410211193
2022-02-0117041.776882059035
2022-03-0118519.544862913044
2022-04-0116970.651215518326
2022-05-0115492.883234664316
2022-06-0112644.03577276735
2022-07-0113284.124784817568
2022-08-0111699.668304152498
2022-09-0111640.424906579334
2022-10-0111656.211949447874
2022-11-0114113.910232187092
2022-12-0114159.801822227822
2023-01-0115470.504261661838
2023-02-0113421.001805433094
2023-03-0115688.961666036865
2023-04-0115788.260486207331
2023-05-0114751.605995717342
2023-06-0114163.748582944958
2023-07-0114958.139144308687
2023-08-0114294.831422933199
2023-09-0112801.402359659067
2023-10-0113242.263929126255
2023-11-0115303.69064113868
2023-12-0115168.115211823488
2024-01-0113523.659570894739
2024-02-0112755.4687828022
2024-03-0115500.18894067263
2024-04-0116188.394844018978
2024-05-0118056.892135869337
2024-06-0116852.5842885334
2024-07-0118473.02347063022
2024-08-0118392.996599067894
2024-09-0119529.285804257463
2024-10-0120637.611789897972
2024-11-0119077.17176806483
2024-12-0117545.156820758282
2025-01-0119851.66057857833
2025-02-0119970.693202334467
2025-03-0123475.626653230884
2025-04-0125199.353403031448
2025-05-0126808.16223705756
2025-06-0127739.807700382076
2025-07-0126356.719989923164
2025-08-0132853.54998530461
2025-09-0140643.196036444555
2025-10-0138443.38077843557
2025-11-0144849.89713230046
2025-12-0147772.599403787215
2026-01-0152101.4401477936
2026-02-0165579.2081286476
2026-03-0150400.97409413445
2026-04-0154343.53612965529
Annual Return Matrix
YearAnnual Return
20170.0821532137729104
2018-0.11024533652470281
20190.4044211172677963
20200.30397091431486256
2021-0.21246080675710477
2022-0.14533276227790282
20230.07120956933259004
20240.15671305074752473
20251.722836842772804
20260.13754614167692036
Total Factor Risk
0.37065062206004434
VTI.US Exposure
0.09387732547830692
VEA.US Exposure
0.2427169184870008
VWO.US Exposure
-0.03782111401925039
QQQ.US Exposure
-0.03572255195173553
VTV.US Exposure
-0.07280490795703112
IJR.US Exposure
0.03331016630110308
QUAL.US Exposure
-0.01958985739118311
SHV.US Exposure
0.06503903060633637
TLT.US Exposure
-0.01191189222348867
LQD.US Exposure
-0.013794047133657214
HYG.US Exposure
0.00026985934745352147
GLD.US Exposure
0.5265198409798896
USO.US Exposure
0.0035429866143212104
VNQ.US Exposure
-0.015245356764452546
BTC-USD.CC Exposure
0.02295518366871063
CPER.US Exposure
0.05147787419796888
VIX.INDX Exposure
0.012846245241342636
UUP.US Exposure
0.009375246908504843
TIP.US Exposure
0.030906158638700536
Idiosyncratic Exposure
0.11405289097115964
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
37.1%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-0.3%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+25.3%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
17.1% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.74
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is VanEck Junior Gold Miners ETF a high-risk investment?

VanEck Junior Gold Miners ETF (GDXJ.US) has an annualized volatility of 37.1% and experienced a maximum drawdown of 49.6% over the last 10 years. Its primary macro risk driver is GLD.US.

What is the 10-year return of GDXJ.US?

Over the past 10 years, GDXJ.US has generated a Compound Annual Growth Rate (CAGR) of 16.3%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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