GDX vs GLDN
VanEck Gold Miners ETF against Nicholas Gold Income ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
29%
11 shared positions
Fee gap
56 bp
GDX is cheaper
1-year return gap
—
Larger fund
GDX
$26.8B
Side by side
| GDX | GLDN | |
|---|---|---|
| Fund | VanEck Gold Miners ETF | Nicholas Gold Income ETF |
| Issuer | VanEck | Nicholas |
| Category | Metals & Mining | Multisector Bond |
| Expense ratio | 0.51% | 1.07% |
| Assets | $26.8B | $2.8M |
| Average daily dollar volume | $2.0B | $111K |
| Listed | May 16, 2006 | Feb 17, 2026 |
| FrenzyCap score | 73 | 6 |
| 1-month return | −7.0% | −7.3% |
| 3-month return | +21.7% | +11.3% |
| Year to date | +4.1% | — |
| 1-year return | +12.8% | — |
| 30-day volatility | 40.2% | 35.4% |
| Worst drawdown, 1 year | −38.9% | −39.8% |
| Trailing 12-month yield | 0.71% | 9.91% |
| Holdings | 61 | 43 |
| Top 10 weight | 59.1% | 65.8% |
| Look-through P/E | — | — |
| Holdings vs fair value | +12.5% | +10.4% |
| Holdings above 200-day average | 37% | 45% |
| Net flow, latest 3 reported months | −$561M thru Jun 2026 | +$740K thru Jul 2026 |
| 30-day implied volatility | 39.9% | — |
| Holdings as of | as of Oct 8, 2026issuer data | as of Jul 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
47% of GDX · 48% of GLDN
Sector mix of the stock holdings
| Sector | GDX | GLDN | Gap |
|---|---|---|---|
| Materials | 74.8% | 38.5% | +36.4% |
| Financials | 2.9% | 9.6% | −6.8% |
More: full overlap table · GDX holdings · GLDN holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.