SLVM vs GDX vs MNRS - Compare ETFs side by side

At a glance

Comparing SLVM, GDX, and MNRS. GDX has the lowest management fee at 0.53% a year, MNRS has the highest 10 years return at 15.6% a year, and GDX offers the highest at 16.48%.

Lowest fee

GDX 0.53% p.a.

Highest 10 years return

MNRS 15.6% p.a.

Highest yield

GDX 16.48%

Highest risk-adjusted

GDX Sharpe 0.54 (10y)

Lowest volatility

GDX 30.3% (10y)

Largest fund

GDX $1.5bn

Side-by-side comparison

Metric	SLVM Global X Silver Miners ETF	GDX VanEck Gold Miners ETF	MNRS BetaShares Global Gold Miners Currency Hedged ETF
Snapshot
Provider	Global X	VanEck	BetaShares
Tracks index	—	NYSE Arca Gold Miners Index	Nasdaq Global ex-Australia Gold Miners Currency Hedged AUD Index
Categories	Intl, Thematic	Intl, Commodities, Thematic	Intl, Commodities, Thematic
Listed since	—	2015 (11 yrs)	2016 (10 yrs)
Fund size (AUM)	$88m	$1.5bn	$280m
Cost & income
Management fee	0.65%	0.53%	0.57%
Dividend yield	—	16.48%	7.24%
Franking	0%	0%	0%
Turnover	—	25%	25%
Tax drag	—	5.87%	2.92%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	—	13.4% net	57.8% net
3-year return	—	47.3% net	51.3% net
5-year return	—	27.6% net	24.9% net
10-year return	—	15.2% net	15.6% net
Risk
Volatility (3y)	—	35.7%	38.1%
Volatility (5y)	—	33%	34.8%
Volatility (10y)	—	30.3%	32.2%
Sharpe ratio (3y)	—	1.15	1.18
Sharpe ratio (5y)	—	0.8	0.72
Sharpe ratio (10y)	—	0.54	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

SLVM Global X Silver Miners ETF

Pricier than similar ETFs, which average around 0.46%.

Full SLVM 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 →

MNRS BetaShares Global Gold Miners Currency Hedged ETF

Top-1% returns over 3 years (2nd of 236 ETFs we track).
High 7.24% income yield — good for investors who want regular cash flow.

Pricier than similar ETFs, which average around 0.46%.

Full MNRS analysis →

Frequently Asked Questions

What's the difference between SLVM vs GDX vs MNRS?

SLVM, GDX, and MNRS are 3 Australian-listed ETFs we compare side by side. GDX carries the lowest management fee (0.53%). Over 10 years, MNRS has delivered the highest total return (15.6% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - SLVM vs GDX vs MNRS?

GDX has the lowest management fee at 0.53% a year, versus SLVM 0.65% and MNRS 0.57%.

Which has performed highest - SLVM vs GDX vs MNRS?

Over the past 10 years, MNRS has delivered the highest total return at 15.6% 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?

GDX is the largest fund by assets ($1.5bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

GDX vs GOLD GDX vs PMGOLD GDX vs QRE GDX vs ETPMAG MNRS vs GOLD MNRS vs PMGOLD MNRS vs QRE

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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.