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GDX vs GOAU

VanEck Gold Miners ETF vs U.S. Global GO GOLD and Precious Metal Miners ETF

GDX

VanEck Gold Miners ETF

Annual cost

0.51%

Fund size

$27.1B

GOAU

U.S. Global GO GOLD and Precious Metal Miners ETF

Annual cost

0.60%

Fund size

$192M

Key differences

Both GDX and GOAU are equity ETFs. GDX charges 0.51% a year and GOAU 0.60%. The main difference: GDX follows a index tracking strategy; GOAU uses active selection.

  • GDX follows a index tracking strategy; GOAU uses active selection.
  • GDX costs 0.09% less per year.
  • GDX is much larger than GOAU. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, GDX has delivered higher annualized returns.
  • GDX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GDXGOAU
Annual cost (TER)0.51%0.60%
Fund size (AUM)$27.1B$192M
Since20062017
Dividend yield0.71%0.93%
Asset classequityequity
Regionglobal
Strategyindex trackingactive selection
CAGR 1Y+49.2%+26.6%
CAGR 3Y+38.2%+31.0%
CAGR 5Y+16.5%+13.5%
Sharpe 3Y0.950.81
Volatility 1Y46.37%46.48%
Max drawdown-49.79%-55.41%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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