Which returned more over the last year, GDX or IBIT?

In the year to Sep 21, 2026, with distributions reinvested, GDX returned +39.8% and IBIT returned −31.1%, so GDX returned more.

Which is cheaper, GDX or IBIT?

GDX charges 0.51% a year and IBIT charges 0.25%, so IBIT is cheaper. Fees come from each fund's prospectus.

Are GDX and IBIT the same kind of fund?

No. GDX is a thematic ETF and IBIT is a crypto ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

GDX vs IBIT: how they differ

Over the year GDX returned more, +39.8% to IBIT's −31.1%, and IBIT charges 0.25% to GDX's 0.51%.

VanEck Gold Miners ETF and iShares Bitcoin Trust ETF.

What they hold in common

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

Only in each
Only in GDX	Only in IBIT
Agnico Eagle Mines Ltd 10.99%	BITCOIN 100.00%
Newmont Corp 10.88%	USD CASH 0.00%
Barrick Mining Corp 7.75%
Wheaton Precious Metals Corp 5.74%
Franco-Nevada Corp 5.22%
Anglogold Ashanti Plc 4.96%
Kinross Gold Corp 4.12%
Gold Fields Ltd 4.11%

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 Sep 18, 2026.

GDX and IBIT on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
	GDX VanEck Gold Miners ETF	IBIT iShares Bitcoin Trust ETF
Where it sits	Thematic ETF	Core fund
Issuer	VanEck	iShares
What it is	Gold miners	Holds bitcoin
Total return, 1 year	+39.8%	−31.1%
S&P 500 over the same days	+16.6%	+16.6%
Gap to the S&P 500	+23.2 pts	−47.6 pts
Expense ratio	0.51%	0.25%
Holdings	59	2
Net assets	$28.4bn	$63.7bn

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 18, 2026. Over the year to Sep 18, 2026 the fund returned +39.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 23.2 pts. It sits 17.6% below its all-time high of Feb 27, 2026.

IBIT in plain words

IBIT holds bitcoin. Over the year to Sep 18, 2026 it returned −31.1% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. It sat 35.5% below its high of Oct 6, 2025 on Sep 18, 2026.

Questions people ask

Which returned more over the last year, GDX or IBIT?: In the year to Sep 21, 2026, with distributions reinvested, GDX returned +39.8% and IBIT returned −31.1%, so GDX returned more.
Which is cheaper, GDX or IBIT?: GDX charges 0.51% a year and IBIT charges 0.25%, so IBIT is cheaper. Fees come from each fund's prospectus.
Are GDX and IBIT the same kind of fund?: No. GDX is a thematic ETF and IBIT is a crypto 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 IBIT, ETFIQ, data as of Sep 21, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GDX against IBIT, data as of Sep 21, 2026. https://etfiq.com/compare/any/gdx-vs-ibit Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources