GDX vs USHY

Comparison between VANECK GOLD MINERS ETF (GDX, ETF) and ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF (USHY, ETF).

5-Year PerformanceGDX has outperformed USHY, delivering a return of +22.8% compared to +4.3%

GDX vs USHY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GDX(ETF)	USHY(ETF)
Net Assets	$27B	$26B
Expense Ratio	0.51%	0.08%
Max Drawdown	81.28%	23.61%
Sharpe Ratio	1.62	1.17
5Y Beta	0.69	0.23
P/E Ratio	18.95	N/A
Forward P/E	12.79	N/A
5Y Dividends CAGR	21.83%	4.95%
5Y EPS CAGR	50.56%	N/A
Debt to Equity	15.12%	N/A
P/S Ratio	3.34	N/A
P/B Ratio	3.53	N/A

Net Assets

Winner

GDX

$27B

USHY

$26B

Expense Ratio

GDX

0.51%

Winner

USHY

0.08%

Max Drawdown

GDX

81.28%

Winner

USHY

23.61%

Sharpe Ratio

Winner

GDX

1.62

USHY

1.17

5Y Beta

GDX

0.69

Winner

USHY

0.23

P/E Ratio

GDX

18.95

USHY

N/A

Forward P/E

GDX

12.79

USHY

N/A

5Y Dividends CAGR

Winner

GDX

21.83%

USHY

4.95%

5Y EPS CAGR

GDX

50.56%

USHY

N/A

Debt to Equity

GDX

15.12%

USHY

N/A

P/S Ratio

GDX

3.34

USHY

N/A

P/B Ratio

GDX

3.53

USHY

N/A

GDX vs USHY - Historical Returns

Returns include dividend reinvestment.

Period	GDX	USHY
1 month	-2.58%	+0.14%
3 months	-7.42%	+0.32%
6 months	+25.77%	+2.68%
1 year	+108.22%	+7.05%
5 years(CAGR)	+22.80%	+4.34%
10 years(CAGR)	+15.65%	+4.76%
Max(CAGR)	+5.88%	+4.76%

GDX

-2.58%

Winner

USHY

+0.14%

GDX

-7.42%

Winner

USHY

+0.32%

Winner

GDX

+25.77%

USHY

+2.68%

Winner

GDX

+108.22%

USHY

+7.05%

5Y(CAGR)

Winner

GDX

+22.80%

USHY

+4.34%

10Y(CAGR)

Winner

GDX

+15.65%

USHY

+4.76%

Max(CAGR)

Winner

GDX

+5.88%

USHY

+4.76%

GDX vs USHY - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	GDX	USHY
2026	+12.25%	+1.08%
2025	+144.40%	+8.61%
2024	+12.26%	+8.79%
2023	+6.25%	+12.52%
2022	-6.71%	-11.13%
2021	-15.37%	+5.27%
2020	+23.37%	+5.77%
2019	+40.08%	+14.58%
2018	-11.01%	-2.55%
2017	+7.65%	+0.16%
2016	+48.90%	N/A
2015	-26.95%	N/A
2014	-15.99%	N/A
2013	-54.72%	N/A
2012	-12.89%	N/A
2011	-14.17%	N/A
2010	+29.70%	N/A
2009	+39.01%	N/A
2008	-31.19%	N/A
2007	+23.26%	N/A
2006	+7.43%	N/A

GDX vs USHY Drawdown Comparison

The maximum drawdown for GDX was -80.35%, occurring on Jan 19, 2016. Recovery took 3499 trading sessions.

The maximum drawdown for USHY was -22.44%, occurring on Mar 23, 2020. Recovery took 166 trading sessions.

The current GDX drawdown is -16.93%. The current USHY drawdown is -0.35%.

Rank	GDX	USHY
#1	-80.35% Sep 8, 2011 - Aug 8, 2025	-22.44% Feb 14, 2020 - Oct 12, 2020
#2	-70.79% Mar 14, 2008 - Sep 22, 2010	-15.57% Dec 27, 2021 - Dec 21, 2023
#3	-30.84% Feb 27, 2026 - Mar 20, 2026	-6.11% Oct 1, 2018 - Jan 31, 2019
#4	-20.52% Sep 5, 2006 - Feb 26, 2007	-4.66% Feb 28, 2025 - May 12, 2025
#5	-19.96% Jul 19, 2007 - Sep 18, 2007	-2.66% Jan 8, 2018 - Aug 1, 2018
#6	-19.14% Oct 16, 2025 - Dec 11, 2025	-2.43% Feb 20, 2026 - Apr 9, 2026
#7	-19.03% Apr 8, 2011 - Sep 2, 2011	-2.31% Nov 5, 2021 - Dec 22, 2021
#8	-18.56% Nov 6, 2007 - Jan 3, 2008	-2.31% Mar 27, 2024 - May 6, 2024
#9	-17.71% Jun 2, 2006 - Jul 3, 2006	-2.06% Feb 12, 2021 - Apr 6, 2021
#10	-17.58% Jan 28, 2026 - Feb 26, 2026	-1.92% Oct 12, 2020 - Nov 4, 2020
#11	-16.18% Dec 6, 2010 - Apr 8, 2011	-1.82% May 3, 2019 - Jun 11, 2019
#12	-13.48% Apr 16, 2007 - Jul 19, 2007	-1.70% Dec 6, 2024 - Jan 17, 2025
#13	-12.82% Feb 26, 2007 - Apr 16, 2007	-1.61% Dec 27, 2023 - Feb 1, 2024
#14	-12.32% Jan 14, 2008 - Feb 28, 2008	-1.48% Sep 16, 2021 - Nov 5, 2021
#15	-10.99% Jul 3, 2006 - Aug 2, 2006	-1.36% Nov 3, 2017 - Dec 1, 2017

Correlation

Correlation between GDX and USHY is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2006 - 2026)

GDX vs USHY dividend yield comparison.

Year	GDX	USHY
2026	0.00%	2.30%
2025	0.74%	6.79%
2024	1.19%	6.89%
2023	1.61%	6.63%
2022	1.66%	6.08%
2021	1.67%	5.07%
2020	0.53%	5.30%
2019	0.67%	5.92%
2018	0.50%	6.30%
2017	0.76%	0.72%
2016	0.26%	0.00%
2015	0.85%	0.00%
2014	0.66%	0.00%
2013	0.90%	0.00%
2012	1.00%	0.00%
2011	1.46%	0.00%
2010	0.65%	0.00%
2009	0.24%	0.00%
2007	3.25%	0.00%
2006	0.29%	0.00%