Grow it · ETFs

PMGOLD vs GDX

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

At a glance

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

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.
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%.

Frequently Asked Questions

What's the difference between PMGOLD vs GDX?

PMGOLD and GDX 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 - PMGOLD vs GDX?

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

Which has performed higher - PMGOLD vs GDX?

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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