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 +24.38% over the past year and +3.93% YTD, with dividends reinvested. Since May 22, 2006, GDX is up +76.06% in real purchasing-power return, or +2.82%/yr, and is currently −22.41% below its real total-return high on Feb. 27, 2026.
Data ending Thu Sep. 24, 2026
| Mon 2006-05-22💬 to Thu 2026-09-24 |
Overall
Return |
Exponential
Trendline |
||||
|---|---|---|---|---|---|---|
| GDX × |
+76.06%
+2.82%/yr |
−1.72%/yr
R2=0.063 |
||||
| VanEck Gold Miners ETF Exchange-Traded Fund | ||||||
| Mon 2006-05-22💬 to Thu 2026-09-24 |
Start
Value |
End
Value |
|---|---|---|
| GDX × |
$10,000.00
2006-05-22 |
$17,605.78
2026-09-24 |
| YTD | YoY | |
|---|---|---|
| GDX × | +3.93% | +24.38% |
|
Current
Drawdown |
Worst
Drawdown |
|
|---|---|---|
| GDX × |
−22.41%
on 2026-09-24 from 2026-02-27 peak |
−81.40%
on 2016-01-19 from 2011-09-08 peak |
| Period ending Thu 2026-09-24 | 1 yr | 2 yr | 3 yr | 5 yr | 10 yr |
|---|---|---|---|---|---|
| GDX × | +24.38% |
+113.38% +46.08%/yr |
+203.58% +44.80%/yr |
+172.34% +22.19%/yr |
+170.89% +10.48%/yr |
| Year | GDX |
|---|---|
| 2026 (YTD) | +3.93% |
| 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% |
