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Gold mining ETFs outperformed gold bullion ETF in 2026 but carry higher risks and volatility.

Market News
25 Mar 2026
24/7 Wall Street
View Source
Bullish
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In 2026, gold mining ETFs like VanEck Gold Miners (GDX) and Junior Gold Miners (GDXJ) significantly outperformed the SPDR Gold Shares ETF (GLD), with returns of 192.31% and 225.3% versus GLD's 83.53%. This is due to operating leverage in mining companies, where profits grow faster than gold prices during bull markets. However, mining ETFs are more volatile and riskier, with deeper losses during downturns, making them less suitable for long-term compounding compared to GLD. Investors should understand these trade-offs and consider their risk tolerance before investing in mining ETFs.

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