GBTC vs GDX
Grayscale Bitcoin Trust vs VanEck Gold Miners ETF
GBTC$57.41
Grayscale Bitcoin Trust
Spot Bitcoin ETF from Grayscale.
Expense: 1.50%Yield: 0.00%
GDX$86.19
VanEck Gold Miners ETF
Major gold mining companies.
Expense: 0.51%Yield: 0.82%
Quick take
- • GDX has the lower expense ratio at 0.51% vs 1.50% for GBTC.
- • GDX pays a higher dividend yield (0.82%).
Side-by-side metrics
| Metric | GBTC | GDX |
|---|---|---|
Expense ratio Annual fee. Lower is better. | 1.50% | 0.51% |
Dividend yield Trailing 12-month yield. | 0.00% | 0.82% |
AUM Assets under management — bigger funds are typically more liquid. | $9.62B | $23.82B |
YTD return | -15.68% | 6.63% |
1-year return | — | — |
3-year return Annualized. | — | — |
5-year return Annualized. | — | — |
10-year return Annualized. | — | — |
Beta (3Y) Volatility relative to the market. Closer to 1 = market-like. | 0.00 | 0.98 |
P/E ratio | — | 13.66 |
Last price | $57.41 | $86.19 |
Inception | — | — |
Issuer | Grayscale | VanEck |
GBTC top holdings
Holdings data unavailable for GBTC.
GDX top holdings
Top holdings · GDX
| NEM | Newmont Corp | 11.62% |
| AEM.TO | Agnico Eagle Mines Ltd | 11.26% |
| ABX.TO | Barrick Mining Corp | 8.18% |
| WPM.TO | Wheaton Precious Metals Corp | 5.48% |
| FNV.TO | Franco-Nevada Corp | 5.45% |
| AU | Anglogold Ashanti PLC | 4.73% |
| GFI | Gold Fields Ltd ADR | 3.92% |
| K.TO | Kinross Gold Corp | 3.65% |
| NST.AX | Northern Star Resources Ltd | 3.28% |
| PAAS.TO | Pan American Silver Corp | 2.55% |
Sector breakdown · GDX
Basic Materials100.0%
About GBTC
GBTC (Grayscale Bitcoin Trust) is Spot Bitcoin ETF from Grayscale. Managed by Grayscale, the fund carries $9.6B in assets under management, an expense ratio of 1.50%.
About GDX
GDX (VanEck Gold Miners ETF) is Major gold mining companies. Managed by VanEck, the fund carries $23.8B in assets under management, an expense ratio of 0.51%, a dividend yield of 0.82%. Its largest holding is Newmont Corp (NEM), which represents 11.6% of the portfolio. Basic Materials is the fund's largest sector exposure at 100.0%.