• Ticker:- GDX;true;GDM;
  • Ticker Group:- ETFEQ_GOLD;false;;
  • How to Purchase

Individual Investors

Subscribe to email updates

Subscribe now

Financial Professionals

Subscribe to email updates, or password protected financial professional-only content
email address/username

Gold Miners ETF GDX

  • Full Name: Market Vectors®
    Gold Miners ETF (GDX®)

    Management Style: Replication

    Underlying Index: NYSE Arca Gold Miners Index (GDMNTR)

    Index Provider: NYSE Arca

    Index Description: GDMNTR is a modified market capitalization-weighted index, and provides exposure to publicly traded companies worldwide involved primarily in gold mining, representing a diversified blend of small-, mid- and large- capitalization stocks. As such, the Fund is subject to the risks of investing in this sector.

    Gold Funds and Gold ETFs »  


    • Fund Ticker

    • Exchange

      NYSE Arca
    • Commencement

    • ETF Structure

    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

    • Index Rebalancing

    as of 05/22/15

    • 30-Day SEC Yield1

    • Total Net Assets

    • Number of Holdings

    • Options

    • Gross Expense Ratio2

    • Net Expense Ratio/TER2

    • Distribution Frequency

    • Next Distribution Date

  • About Securities Lending

    Market Vectors Exchange Traded Funds (ETFs) may lend securities to generate additional income which may help reduce expenses. All net proceeds earned by Market Vectors ETFs in the securities lending process are allocated to the applicable ETF after subtracting fees payable to the lending agent.


    Securities lending is an established practice that involves the lending of securities from a lender (“Fund”) to a third-party (“Borrower”). In return, the Borrower posts collateral — typically cash or U.S. Government securities — in an amount equal to at least 102% of the value of the borrowed securities. Over the course of the loan term, the Fund will receive any interest or dividends on the securities loaned. Moreover, the Borrower will pay a fee, as well as any interest earned on the investment of the cash collateral.


    The primary risk in securities lending is that a Borrower may default on its commitment to return securities that are on loan. If this occurs and the value of the liquidated collateral does not exceed the cost of repurchasing the securities, the Fund may suffer a loss with respect to the shortfall. This risk and others are described in more detail in the statutory prospectus, under "Lending Portfolio Securities".

  • Additional Resources

  • All Collateral HoldingsTop 10 Collateral Holdingsas of 03/31/15

    Investment Type
    Weight %
    Citigroup Global Markets Inc, 0.14%, 04/01/2015
    United States
    Repurchase Agreement
    HSBC Securities Usa Inc., 0.11%, 04/01/2015
    United States
    Repurchase Agreement
    Merrill Lynch Pierce Fenner & Smith Inc., 0.15%, 04/01/2015
    United States
    Repurchase Agreement
    Royal Bank Of Scotland Plc (Usd), 0.12%, 04/01/2015
    United States
    Repurchase Agreement
    Morgan, Stanley & Co. Llc., 0.12%, 04/01/2015
    United States
    Repurchase Agreement
  • Securities Lending Summary
    as of 03/31/15

    Data Point %
    Securities Lending Return (% of AUM, YTD) 0.01
    Average On-Loan (% of AUM, YTD) 7.67
    Maximum On-Loan (% of AUM, YTD) 33.00
    Collateralization (% of Loan, YTD) 103.80
  • Loan/Collateral Combinations and Collateral Levels

    Loan Type Collateral Level
    Equities and Fixed Income  
    Domestic  102%
    Foreign  105%