Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GDX vs SGOV: how they differ
Over the year GDX returned more, +40.2% against +3.8%, and SGOV charges 0.09% against 0.51%.
VanEck Gold Miners ETF and iShares 0-3 Month Treasury Bond ETF.
| GDX VanEck Gold Miners ETF | SGOV iShares 0-3 Month Treasury Bond ETF | |
|---|---|---|
| Where it sits | Thematic ETF | Core index fund |
| Issuer | VanEck | iShares |
| What it is | Miners and metals | 0-3 month T-bills |
| Total return, 1 year | +40.2% | +3.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +22.7 pts | −13.7 pts |
| Expense ratio | 0.51% | 0.09% |
| Holdings | 59 | not filed |
GDX in plain words
By weight, 11% of GDX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 58% of the fund across 59 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +40.2% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 22.7 pts. It sits 16.2% below its all-time high of Feb 27, 2026.
SGOV in plain words
SGOV is a cash and treasury bills tracking the 0-3 month T-bills. Over the year to Sep 11, 2026 it returned +3.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year.
Questions people ask
- Which returned more over the last year, GDX or SGOV?
- In the year to Sep 12, 2026, with distributions reinvested, GDX returned +40.2% and SGOV returned +3.8%, so GDX returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GDX or SGOV?
- GDX charges 0.51% a year and SGOV charges 0.09%, so SGOV is cheaper. Fees come from each fund's prospectus.
- Are GDX and SGOV the same kind of fund?
- No. GDX is a thematic ETF and SGOV is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, GDX against SGOV, data as of Sep 12, 2026. https://etfiq.com/compare/any/GDX-SGOV Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources