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, GDX has the higher 10 years return at 15.2% a year, and GDX offers the higher at 16.48%.
Lower fee
PMGOLD 0.15% p.a.
Higher 10 years return
GDX 15.2% p.a.
Higher yield
GDX 16.48%
Higher risk-adjusted
PMGOLD Sharpe 0.75 (10y)
Lower volatility
PMGOLD 14.9% (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
$1.5bn
Cost & income
Management fee
0.15%
0.53%
Dividend yield
0%
16.48%
Franking
0%
0%
Turnover
0%
25%
Tax drag 0% 5.87%
Returns
Tax bracket
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

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.
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%.

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, GDX has delivered the higher total return (15.2% 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, GDX has delivered the higher total return at 15.2% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

GDX pays the higher at 16.48%. 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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