Data as of Oct 28, 2026.

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BOND vs GDX: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BOND returned −1.4% to GDX's +19.0%, and GDX charges 0.51% to BOND's 0.54%.

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Net assets: $8.3bn on Jun 30, 2026 for PIMCO Active Bond Exchange-Traded Fund, and $25.6bn on Oct 27, 2026 for VanEck Gold Miners ETF.

At a glance
−1.4%
BOND total return, 1 year
+19.0%
GDX total return, 1 year
0.54%
BOND expense ratio
0.51%
GDX expense ratio

Pair scorecard

GDX costs 0.03 points a year less; their one-year returns differ by 20.4 points.

BOND vs GDX: Differences, Returns & Fees
MeasureBONDGDX
Return
Total return, 1 year−1.4%+19.0%
Drawdown
Below its high3.1%, high on Feb 27, 2026
Below its all-time high27.5%, high on Feb 27, 2026
Against its benchmark
What it tracksNo index, actively managedGold miners
Against its benchmark, 1 yearahead by 5.6 pts
Cost and size
Expense ratio0.54%0.51%
Net assets, BOND as of Jun 30, 2026 and GDX as of Oct 27, 2026$8.3bn$25.6bn
Active share vs the S&P 500100%
Holdings
Holdings in common0%
In the S&P 500, by weight12%
Top ten holdings, share of the fund60%

Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, BOND and GDX hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BOND GDX
Only in one fund ↓
Only in BOND
UMBS, TBA 5.56%
PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund 4.07%
UMBS, TBA 3.46%
United States Treasury 3.40%
UMBS, TBA 2.73%
United States Treasury 2.57%
UMBS, TBA 2.54%
UMBS, TBA 2.27%
Only in GDX
Agnico Eagle Mines Ltd 11.45%
Newmont Corp 11.42%
Barrick Mining Corp 8.07%
Wheaton Precious Metals Corp 5.50%
Franco-Nevada Corp 5.33%
Anglogold Ashanti Plc 4.78%
Gold Fields Ltd 3.96%
Kinross Gold Corp 3.88%
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Side by side

BOND PIMCO Active Bond Exchange-Traded Fund GDX VanEck Gold Miners ETF
Where it sits Bond ETF Thematic ETF
Issuer PIMCO VanEck
What it is Actively managed Gold miners
Total return, 1 year −1.4% +19.0%
Its benchmark over the same days −1.4% (AGG) +13.4% (ACWI)
Gap to its benchmark 0.0 pts vs AGG +5.6 pts vs ACWI
Expense ratio 0.54% 0.51%
Holdings 1565 59
Net assets, BOND as of Jun 30, 2026 and GDX as of Oct 27, 2026 $8.3bn $25.6bn

BOND and GDX on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
BOND

BOND is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.4% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.54% a year. It sat 3.1% below its high of Feb 27, 2026 on Oct 28, 2026.

GDX

By weight, 12% 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 60% of the fund across 59 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +19.0% with distributions reinvested against +13.4% for its benchmark, the MSCI ACWI Index, so a holder was ahead by 5.6 pts. It sits 27.5% below its all-time high of Feb 27, 2026.

Questions people ask

Are BOND and GDX in the same category?
BOND is a bond ETF and GDX is a thematic ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, BOND or GDX?
In the year to Oct 28, 2026, with distributions reinvested, BOND returned −1.4% and GDX +19.0%.
Which is cheaper, BOND or GDX?
GDX is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, BOND against GDX, data as of Oct 28, 2026. https://etfiq.com/compare/any/bond-vs-gdx

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