All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

GDX: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

GDX real return snapshot: after CPI-U inflation, GDX returned +44.46% over the past year and −9.89% YTD, with dividends reinvested. Since May 22, 2006, GDX is up +52.64% in real purchasing-power return, or +2.13%/yr, and is currently −32.73% below its real total-return high on Feb. 27, 2026.

Data ending Fri Jun. 12, 2026

Mon 2006-05-22💬 to Fri 2026-06-12 YTD
Return 		1 Year
Return
GDX × 		−9.89%
2026-06-12 		+44.46%
2026-06-12
VanEck Gold Miners ETF NYSE Exchange-Traded Fund

Returns

Mon 2006-05-22💬 to Fri 2026-06-12 Overall
Return 		Exponential
Trendline
GDX × 		+52.64%
+2.13%/yr 		−2.10%/yr
(R2=0.094)
VanEck Gold Miners ETF NYSE Exchange-Traded Fund

Growth of $10,000

Mon 2006-05-22💬 to Fri 2026-06-12 Start
Value 		End
Value
GDX × 		$10,000.00
2006-05-22 		$15,263.99
2026-06-12
VanEck Gold Miners ETF NYSE Exchange-Traded Fund

Annual Returns

Year GDX
2026 (YTD) −9.89%
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%

Drawdowns

Mon 2006-05-22💬 to Fri 2026-06-12 Current
Drawdown 		Worst
Drawdown
GDX × 		−32.73%
from 2026-02-27 peak 		−81.40%
2016-01-19
from 2011-09-08 peak
VanEck Gold Miners ETF NYSE Exchange-Traded Fund

Rolling Returns

Period ending Fri 2026-06-12 1
Year 		2
Years 		3
Years 		5
Years 		10
Years
GDX × 		+44.46% +124.54%
+49.85%/yr 		+140.81%
+34.04%/yr 		+80.36%
+12.52%/yr 		+143.64%
+9.31%/yr
VanEck Gold Miners ETF NYSE Exchange-Traded Fund