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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

      GDX
    • Exchange

      NYSE Arca
    • Commencement

      05/16/2006
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      GDMNTR
    • Index Rebalancing

      Quarterly
  •  
    as of 02/26/15

    • 30-Day SEC Yield1

      0.44%
    • Total Net Assets

      $7.4B
    • Number of Holdings

      38
    • Options

      Available
    • Gross Expense Ratio2

      0.53%
    • Net Expense Ratio/TER2

      0.53%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/18/2015
  • Key Points

    Nation's First Gold Shares ETF
    A sector that has historically provided a hedge against extreme volatility in general financial markets
    Pure Play with Global Scope
    Index constituents must be primarily involved in the mining for gold
    Comprehensive Portfolio
    A range of small, mid-sized, and large global gold mining companies

    Potential for Income and Possible Tax Advantages
    Versus bullion investments

  • Trading Information

    • Fund Ticker

      GDX
    • Index Total Return Ticker

      GDMNTR
    • NAV

      GMINV
    • Intraday NAV (IIV)4

      GMI
    • Shares Outstanding

      353,252,500
    • Estimated Cash

      GMIEU
    • Total Cash

      GMITC
    • CUSIP

      57060U100
    • ISIN

      US57060U1007
    Source: Bloomberg
  • Fees & Expenses2

    • Management Fee

      0.50%
    • Other Expenses

      0.03%
    • Gross Expense Ratio

      0.53%
    • Fee Waivers and
      Expense Reimbursement

      0.00%
    • Net Expense Ratio/TER2

      0.53%
    2 Expenses for GDX are capped contractually at 0.53% until at least May 1, 2015. Cap excludes certain expenses, such as interest. TER, or Total Expense Ratio, is also referred to as "Net Expense Ratio". See Important Disclosure for more information.
  • Prices as of 02/26/15

    NAV/
    Last Price
    Volume
    30-Day Avg./
    Last Trading Day
    Daily Change
    NAV/
    Last Price
    YTD Change
    NAV/
    Last Price
    Premium/
    Discount
    Prem/Discount
    Distribution Charts
    NAV &
    Prem/Discount
    History
    NAV
    Chart
    GDX $20.96
    $20.96
    48,722,212
    22,842,242
    $0.14 / +0.68%
    $0.17 / +0.82%
    +13.7%
    +14.0%
    $0.00
    0.01%
  • View All Indices » View All ETFs » Performance History: Average Annual Total Returns* (%)

    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    05/16/06
    GDX (NAV) 20.56 28.05 20.56 -4.36 -26.09 -10.78 -- -5.84
    GDX (Share Price) 21.27 30.40 21.27 -4.42 -26.00 -10.72 -- -5.80
    GDMNTR (Index) 20.35 27.85 20.35 -4.39 -25.73 -10.32 0.51 --
    Performance Differential (NAV - Index) 0.21 0.20 0.21 0.03 -0.36 -0.46 -- --
    Quarter End as of 12/31/14
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    05/16/06
    GDX (NAV) 0.40 -13.30 -12.31 -12.31 -28.39 -16.18 -- -7.91
    GDX (Share Price) 0.79 -13.37 -12.42 -12.42 -28.42 -16.25 -- -7.94
    GDMNTR (Index) 0.33 -13.28 -11.99 -11.99 -27.99 -15.72 -2.04 -2.25
    Performance Differential (NAV - Index) 0.07 -0.02 -0.32 -0.32 -0.40 -0.46 -- -5.66
  • View All Holdings »Top 10 Holdings (%)  as of 01/31/15

    Total Holdings: 38
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Goldcorp Inc
    GG US
    33,155,290
    796,721,60010.64
    Barrick Gold Corp
    ABX US
    47,465,610
    606,610,4968.10
    Newmont Mining Corp
    NEM US
    20,328,180
    511,253,6966.83
    Randgold Resources Ltd
    GOLD US
    4,839,563
    412,621,1525.51
    Agnico-Eagle Mines Ltd
    AEM US
    11,585,440
    390,661,1845.22
    Newcrest Mining Ltd
    NCM AU
    35,251,940
    380,754,2085.09
    Franco-Nevada Corp
    FNV US
    6,351,871
    365,867,7764.89
    Silver Wheaton Corp
    SLW US
    15,121,790
    347,347,6164.64
    Anglogold Ashanti Ltd
    AU US
    27,760,880
    343,679,7444.59
    Gold Fields Ltd
    GFI US
    53,073,850
    313,135,7124.18
    Top 10 Total (%)59.69
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%) as of 01/31/15

    • Country

      % of Net Assets
    • CANADA

      56.7
    • U.S.

      13.2
    • SOUTH AFRICA

      12.3
    • AUSTRALIA

      5.7
    • UNITED KINGDOM

      5.5
    • PERU

      2.9
    • CHINA

      2.8
    • EGYPT

      1.1
    • Other

      -0.1
  • Sector Weightings (%) as of 01/31/15

    • Sector

      % of Net Assets
    • Materials

      100.1
    • Other

      -0.1