Grow it · ETFs

GDX vs PMGOLD

Compare fees, returns, income and risk for these 2 ASX-listed ETFs side by side.

At a glance

Comparing GDX and PMGOLD. PMGOLD has the lower management fee at 0.15% a year, PMGOLD has the higher 10 years return at 12.5% a year, and GDX offers the higher at 19.66%.
Lower fee
PMGOLD 0.15% p.a.
Higher 10 years return
PMGOLD 12.5% p.a.
Higher yield
GDX 19.66%
Higher risk-adjusted
PMGOLD Sharpe 0.73 (10y)
Lower volatility
PMGOLD 14.7% (10y)
Larger fund
PMGOLD $2.2bn

Side-by-side comparison

Metric GDX
VanEck Gold Miners ETF
PMGOLD
Perth Mint Gold
Snapshot
Provider
VanEck
Tracks index
NYSE Arca Gold Miners Index
LBMA Gold Price
Categories
Intl, Commodities, Thematic
Commodities
Listed since
2015 (11 yrs)
2003 (23 yrs)
Fund size (AUM)
$1.1bn
$2.2bn
Cost & income
Management fee
0.53%
0.15%
Dividend yield
19.66%
0%
Franking
0%
0%
Turnover
25%
0%
Tax drag 6.89% 0%
Returns
Tax bracket
1-year return
35.8%
net
13.4%
net
3-year return
34.1%
net
25.4%
net
5-year return
19.4%
net
18.4%
net
10-year return
11.4%
net
12.5%
net
Risk
Volatility (3y)
32.3%
18%
Volatility (5y)
30.8%
15.8%
Volatility (10y)
29.2%
14.7%
Sharpe ratio (3y)
0.94
1.13
Sharpe ratio (5y)
0.62
0.95
Sharpe ratio (10y)
0.44
0.73
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

GDX VanEck Gold Miners ETF
  • Top-2% returns over 5 years (4th of 188 ETFs we track).
  • High 19.66% income yield — good for investors who want regular cash flow.
  • Pricier than similar ETFs, which average around 0.46%.
PMGOLD Perth Mint Gold
  • Top-3% returns over 5 years (6th of 188 ETFs we track).
  • Low-cost: a 0.15% management fee keeps more of the return in your pocket.

Frequently Asked Questions

What's the difference between GDX vs PMGOLD?

GDX and PMGOLD are 2 Australian-listed ETFs we compare side by side. PMGOLD carries the lower management fee (0.15%). Over 10 years, PMGOLD has delivered the higher total return (12.5% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - GDX vs PMGOLD?

PMGOLD has the lower management fee at 0.15% a year, versus GDX 0.53%.

Which has performed higher - GDX vs PMGOLD?

Over the past 10 years, PMGOLD has delivered the higher total return at 12.5% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

GDX pays the higher at 19.66%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

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

Related comparisons

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.

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