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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

GDX vs VBIL: how they differ

Over the year GDX returned more, +40.2% against +3.8%, and VBIL charges 0.06% against 0.51%.

VanEck Gold Miners ETF and Vanguard 0-3 Month Treasury Bill ETF.

What they hold in common

By the books each fund has filed, GDX and VBIL hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in GDXOnly in VBIL
Agnico Eagle Mines Ltd 10.67%United States Treasury Bill 6.78%
Newmont Corp 10.42%United States Treasury Bill 6.10%
Barrick Mining Corp 7.95%United States Treasury Bill 5.61%
Wheaton Precious Metals Corp 5.61%United States Treasury Bill 5.41%
Anglogold Ashanti Plc 5.04%United States Treasury Bill 5.18%
Franco-Nevada Corp 4.89%United States Treasury Bill 5.17%
Kinross Gold Corp 4.40%United States Treasury Bill 5.15%
Gold Fields Ltd 4.07%United States Treasury Bill 5.13%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.

GDX and VBIL on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
GDX
VanEck Gold Miners ETF
VBIL
Vanguard 0-3 Month Treasury Bill ETF
Where it sitsThematic ETFCore index fund
IssuerVanEckVanguard
What it isMiners and metals0-3 Month Treasury Bill
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 ratio0.51%0.06%
Holdings5926

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.

VBIL in plain words

VBIL is a cash and treasury bills tracking the 0-3 Month Treasury Bill. 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 0.06% a year.

Questions people ask

Which returned more over the last year, GDX or VBIL?
In the year to Sep 12, 2026, with distributions reinvested, GDX returned +40.2% and VBIL returned +3.8%, so GDX returned more. One year is one year; the longer windows are in the table.
Which is cheaper, GDX or VBIL?
GDX charges 0.51% a year and VBIL charges 0.06%, so VBIL is cheaper. Fees come from each fund's prospectus.
Are GDX and VBIL the same kind of fund?
No. GDX is a thematic ETF and VBIL 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.

GDX against VBIL, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GDX against VBIL, data as of Sep 12, 2026. https://etfiq.com/compare/any/GDX-VBIL Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources