Compare VanEck Gold Miners ETF (GDX) vs MakeMyTrip Ltd (MMYT) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
VanEck Gold Miners ETF vs MakeMyTrip Ltd — how do they compare? VanEck Gold Miners ETF trades at $71.51, while MakeMyTrip Ltd trades at $54.19 (market cap $5.24B). Which is the better fit depends on your goals.
| GDX | MMYT | |
|---|---|---|
52-Week High | $115.84 | $103.21 |
52-Week Low | $51.15 | $36.30 |
Market Cap | — | $5.24B |
Sector | — | Technology |
Enterprise Value | — | $5.89B |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
The VanEck Gold Miners ETF (GDX) is trading at $71.97, down 3.89% over the past 24 hours, with a strong bearish technical signal from moving averages. The fund provides exposure to senior gold mining equities, which are currently trading at historically low valuations according to recent analysis, with forward P/E and EV/EBITDA multiples at five-year lows. Recent news highlights ongoing comparisons with lower-fee bullion ETFs and debates about the optimal vehicle for gold exposure.
The outlook presents a dichotomy: attractive valuation metrics and record free cash flow yields suggest potential upside if gold prices rally, while technical weakness and competition from more efficient gold ETFs pose significant risks. A re-rating to historical valuation norms could imply 20% upside, but the fund's performance remains heavily dependent on gold price movements and mining company operational execution.
MMYT trades at $54.29, down 2.62% today amid a bearish technical signal, though it remains above key support at $52. The company shows strong revenue growth with $978M in 2025 and consistent earnings beats, but faces a high P/E of 153.56. Recent news highlights volatility from travel disruptions, yet analyst consensus remains strongly bullish with 73% buy ratings.
Outlook is mixed: robust fundamentals and analyst support suggest long-term potential, but high valuation and projected profit margin compression to 4.96% in 2026 pose risks. Investors should weigh growth against debt increases and market sensitivity to travel sector headwinds.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
Top news
Latest headlines on both assets
Top news
Latest headlines on both assets
About VanEck Gold Miners ETF
The fund normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the gold mining industry. The index is a modified market-capitalization weighted index primarily comprised of publicly traded companies involved in the mining for gold and silver. The fund is non-diversified.
Read more on GDX →About MakeMyTrip Ltd
MakeMyTrip Ltd. is a leading online travel company in India, providing a comprehensive range of travel services and products, including air tickets, hotels, holiday packages, rail tickets, and bus tickets. The company operates its primary websites and mobile apps under the brands MakeMyTrip, Goibibo, and RedBus. MMYT serves as a key intermediary in India's fragmented travel market, leveraging its platform to offer convenience and competitive pricing to consumers and businesses.
Read more on MMYT →
