Seasonal Analysis for VanEck Gold Miners ETF (GDX)
The following two tables show the seasonal performance of VanEck Gold Miners ETF, with the stock symbol GDX. The first table is a quarterly analysis. The second table is a semi-annual analysis that shows not only the two half-years but also the performance of the summer and winter half-years.
| Overview | 1st Quarter Jan. - Mar. |
2nd Quarter Apr. - Jun. |
3rd Quarter Jul. - Sep. |
4th Quarter Oct. - Dec. |
|---|---|---|---|---|
| Success Rate | 52.63% | 57.89% | 55.00% | 60.00% |
| Median Return | 1.97% | 1.87% | 1.63% | 2.15% |
| Average Return | 10.69% | 8.66% | 8.36% | 7.07% |
| Maximum Gain | 45.56% | 59.21% | 46.75% | 20.87% |
| Gain Year | 2016 | 2020 | 2025 | 2022 |
| Maximum Loss | -21.31% | -35.30% | -29.86% | -20.62% |
| Loss Year | 2020 | 2013 | 2008 | 2016 |
| Based on the past 19 years (2007-2025) | ||||
| Overview | Winter Season Oct. - Mar. |
Summer Season Apr. - Sep. |
First HY Jan. - Jun. |
Second HY Jul. - Dec. |
|---|---|---|---|---|
| Success Rate | 56.41% | 56.41% | 55.26% | 57.50% |
| Median Return | 2.02% | 1.87% | 1.92% | 2.09% |
| Average Return | 8.54% | 8.51% | 9.58% | 7.66% |
| Maximum Gain | 45.56% | 59.21% | 59.21% | 46.75% |
| Gain Year | 2016 | 2020 | 2020 | 2025 |
| Maximum Loss | -21.31% | -35.30% | -35.30% | -29.86% |
| Loss Year | 2020 | 2013 | 2013 | 2008 |
| Based on the past 19 years (2007-2025) | ||||