All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)
GDX real return snapshot: after CPI-U inflation, GDX returned +5.20% over the past year and −13.28% YTD, with dividends reinvested. Since May 22, 2006, GDX is up +46.90% in real purchasing-power return, or +1.90%/yr, and is currently −35.26% below its real total-return high on Feb. 27, 2026.
Data ending Tue Nov. 3, 2026
| Mon 2006-05-22💬 to Tue 2026-11-03 |
Overall
Return |
Exponential
Trendline |
||||
|---|---|---|---|---|---|---|
| GDX × |
+46.90%
+1.90%/yr |
−1.58%/yr
R2=0.053 |
||||
| VanEck Gold Miners ETF Exchange-Traded Fund | ||||||
| Mon 2006-05-22💬 to Tue 2026-11-03 |
Start
Value |
End
Value |
|---|---|---|
| GDX × |
$10,000.00
2006-05-22 |
$14,690.44
2026-11-03 |
| YTD | YoY | |
|---|---|---|
| GDX × | −13.28% | +5.20% |
|
Current
Drawdown |
Worst
Drawdown |
|
|---|---|---|
| GDX × |
−35.26%
on 2026-11-03 from 2026-02-27 peak |
−81.40%
on 2016-01-19 from 2011-09-08 peak |
| Period ending Tue 2026-11-03 | 1 yr | 2 yr | 3 yr | 5 yr | 10 yr |
|---|---|---|---|---|---|
| GDX × | +5.20% |
+85.28% +36.12%/yr |
+148.17% +35.39%/yr |
+113.67% +16.40%/yr |
+141.80% +9.23%/yr |
| Year | GDX |
|---|---|
| 2026 (YTD) | −13.28% |
| 2025 | +148.14% |
| 2024 | +7.54% |
| 2023 | +6.41% |
| 2022 | −14.53% |
| 2021 | −15.47% |
| 2020 | +22.00% |
| 2019 | +36.69% |
| 2018 | −10.48% |
| 2017 | +9.67% |
| 2016 | +49.82% |
| 2015 | −25.26% |
| 2014 | −13.10% |
| 2013 | −54.70% |
| 2012 | −10.42% |
| 2011 | −18.51% |
| 2010 | +31.95% |
| 2009 | +33.10% |
| 2008 | −26.14% |
| 2007 | +12.17% |
| 2006 | +7.74% |
