ETPMAG vs GOLD vs PMGOLD vs GDX - Compare ETFs side by side

At a glance

Comparing ETPMAG, GOLD, PMGOLD, and GDX. PMGOLD has the lowest management fee at 0.15% a year, GDX has the highest 10 years return at 15.2% a year, and GDX offers the highest at 16.48%.

Lowest fee

PMGOLD 0.15% p.a.

Highest 10 years return

GDX 15.2% p.a.

Highest yield

GDX 16.48%

Highest risk-adjusted

PMGOLD Sharpe 0.75 (10y)

Lowest volatility

PMGOLD 14.9% (10y)

Largest fund

PMGOLD $2.2bn

Side-by-side comparison

Metric	ETPMAG Global X Physical Silver	GOLD Global X Physical Gold	PMGOLD Perth Mint Gold	GDX VanEck Gold Miners ETF
Snapshot
Provider	Global X	Global X	—	VanEck
Tracks index	LBMA Silver Price	LBMA Gold Price	LBMA Gold Price	NYSE Arca Gold Miners Index
Categories	Commodities	Commodities	Commodities	Intl, Commodities, Thematic
Listed since	2003 (23 yrs)	2003 (23 yrs)	2003 (23 yrs)	2015 (11 yrs)
Fund size (AUM)	—	—	$2.2bn	$1.5bn
Cost & income
Management fee	0.49%	0.4%	0.15%	0.53%
Dividend yield	—	—	0%	16.48%
Franking	0%	0%	0%	0%
Turnover	0%	0%	0%	25%
Tax drag	0%	0%	0%	5.87%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	—	—	1.9% net	13.4% net
3-year return	—	—	27.3% net	47.3% net
5-year return	—	—	19.9% net	27.6% net
10-year return	—	—	13.1% net	15.2% net
Risk
Volatility (3y)	—	—	18.2%	35.7%
Volatility (5y)	—	—	16%	33%
Volatility (10y)	—	—	14.9%	30.3%
Sharpe ratio (3y)	—	—	1.2	1.15
Sharpe ratio (5y)	—	—	1.01	0.8
Sharpe ratio (10y)	—	—	0.75	0.54
Bid/ask spread	—	—	—	—

marks the strongest fund in each row. “net” shows the after-tax return at your selected bracket. “—” means we don’t have that data point yet.

Each fund at a glance

ETPMAG Global X Physical Silver

Cheaper alternatives exist: PMGOLD and GOLD.

Full ETPMAG analysis →

GOLD Global X Physical Gold

Low-cost: a 0.4% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: PMGOLD.

Full GOLD analysis →

PMGOLD Perth Mint Gold

Top-3% returns over 5 years (6th of 189 ETFs we track).
Low-cost: a 0.15% management fee keeps more of the return in your pocket.

Full PMGOLD analysis →

GDX VanEck Gold Miners ETF

Top-1% returns over 5 years (2nd of 189 ETFs we track).
High 16.48% income yield — good for investors who want regular cash flow.

Pricier than similar ETFs, which average around 0.46%.

Full GDX analysis →

Frequently Asked Questions

What's the difference between ETPMAG vs GOLD vs PMGOLD vs GDX?

ETPMAG, GOLD, PMGOLD, and GDX are 4 Australian-listed ETFs we compare side by side. PMGOLD carries the lowest management fee (0.15%). Over 10 years, GDX has delivered the highest total return (15.2% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - ETPMAG vs GOLD vs PMGOLD vs GDX?

PMGOLD has the lowest management fee at 0.15% a year, versus ETPMAG 0.49%, GOLD 0.4%, and GDX 0.53%.

Which has performed highest - ETPMAG vs GOLD vs PMGOLD vs GDX?

Over the past 10 years, GDX has delivered the highest total return at 15.2% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

GDX pays the highest at 16.48%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

PMGOLD is the largest fund by assets ($2.2bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

ETPMAG vs WIRE GOLD vs MNRS GOLD vs BCOM GOLD vs ETPMPD GOLD vs ETPMPM PMGOLD vs MNRS PMGOLD vs GHLD PMGOLD vs GLDN

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General information only, generated from each fund's published data — not personal financial advice. Past performance is not a reliable indicator of future returns. Consider your own circumstances or seek licensed advice before investing.