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GDX
VanEck Gold Miners UCITS ETF

Fund Description

Glittering through good and bad times, gold has proved the ultimate hedge against uncertainty. The VanEck Gold Miners UCITS ETF invests in gold and silver miners’ stocks, which have prices strongly correlated with the gold price.

  • Gold is often seen as an investment safe haven
  • Gold miners provide the advantages of both physical gold and revenue generating companies
  • Spread portfolio risks
  • Possible protection against inflation
  • Gold miners have historically provided leveraged exposure to gold prices


Risk factors: Risk of Investing in Natural Resources Companies, Industry or Sector Concentration Risk, Risk of investing in Smaller Companies



Underlying Index

NYSE Arca Gold Miners Index (GDMNTR)

Fund Details
 

  • Fund Ticker

    GDX
  • Management Company

    VanEck Asset Management B.V.
  • Custodian

    State Street Custodial Services (Ireland) Limited
  • Domicile

    Ireland
  • UCITS Compliant

    Yes
  • Index Ticker

    GDMNTR
  • Index Provider

    ICE Data Indices, LLC
  • Rebalance Frequency

    Quarterly
1The "Net Asset Value" (NAV) of all ETFs is determined at the close of each business day, and represents the value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Investors should not expect to buy or sell ETF shares at NAV.

2The date the fund was launched prior to quotation on the stock exchange.

 
as of 24 Jun 2022

  • NAV1

    31.97
  • Shares Outstanding

    23,050,000
  • Number of Holdings

    54
  • Base Currency

    USD
  • Net Assets

    $736.9M
  • Product Structure

    Physical (Full Replication)
  • Income Treatment

    Reinvestment
  • Distribution Frequency

    None
  • Total Expense Ratio

    0.53%
  • SFDR Classification

    Article 6
  • Fact Sheet
  • Fund Holiday Calendar

Trading Information as of 24 Jun 2022

London
Stock Exchange
USD
Exchange Ticker GDX
ISIN IE00BQQP9F84
SEDOL BVYTYH4
Bloomberg GDX LN
Reuters (RIC) GDX.L
Valor 26419120
Bloomberg iNAV GDXINAV
Reuters iNAV GDXINAV=SOLA
WKN A12CCL
Trading Currency USD
Last Traded Price 32.10
Day's Move 0.18
Volume 145,596
30 Day Volume 65,306
VWAP Volume 145,593
London
Stock Exchange
GBP
Exchange Ticker GDGB
ISIN IE00BQQP9F84
SEDOL BYPCLG1
Bloomberg GDGB LN
Reuters (RIC) --
Valor 26419120
Bloomberg iNAV GDXINAV
Reuters iNAV GDXINAV=SOLA
WKN A12CCL
Trading Currency GBP
Last Traded Price 26.03
Day's Move 0.04
Volume 2,838
30 Day Volume 12,016
VWAP Volume 2,838
Deutsche
Börse
EUR
Exchange Ticker G2X
ISIN IE00BQQP9F84
SEDOL BWXBW18
Bloomberg G2X GY
Reuters (RIC) G2X.DE
Valor 26419120
Bloomberg iNAV GDXEUIV
Reuters iNAV GDXEURINAV=SOLA
WKN A12CCL
Trading Currency EUR
Last Traded Price 30.34
Day's Move 0.10
Volume 35,486
30 Day Volume 33,457
VWAP Volume 35,486
SIX
Swiss Exchange
CHF
Exchange Ticker GDX
ISIN IE00BQQP9F84
SEDOL BXVMBZ7
Bloomberg GDX SE
Reuters (RIC) GDX.S
Valor 26419120
Bloomberg iNAV GDXINAV
Reuters iNAV GDXINAV=SOLA
WKN A12CCL
Trading Currency CHF
Last Traded Price 29.95
Day's Move -1.20
Volume 3,811
30 Day Volume 4,463
VWAP Volume 3,811
BATS
USD
Exchange Ticker GDXl
ISIN IE00BQQP9F84
SEDOL BVYTYH4
Bloomberg GDXL IX
Reuters (RIC) GDXl.CHI
Valor 26419120
Bloomberg iNAV GDXINAV
Reuters iNAV GDXINAV=SOLA
WKN A12CCL
Trading Currency USD
Last Traded Price 31.84
Day's Move -0.72
Volume 1,823
30 Day Volume 2,030
VWAP Volume 1,823
BATS
GBP
Exchange Ticker GDGXx
ISIN IE00BQQP9F84
SEDOL BYPCLG1
Bloomberg GDGXX IX
Reuters (RIC) GDGXx.CHI
Valor 26419120
Bloomberg iNAV GDXINAV
Reuters iNAV GDXINAV=SOLA
WKN A12CCL
Trading Currency GBP
Last Traded Price 23.49
Day's Move 0.00
Volume 0
30 Day Volume --
VWAP Volume 0
Borsa
Italiana
EUR
Exchange Ticker GDX
ISIN IE00BQQP9F84
SEDOL --
Bloomberg GDX IM
Reuters (RIC) --
Valor 26419120
Bloomberg iNAV GDXEUIV
Reuters iNAV GDXEURINAV=SOLA
WKN A12CCL
Trading Currency EUR
Last Traded Price 30.31
Day's Move -0.01
Volume 5,493
30 Day Volume 15,801
VWAP Volume 5,493

NAVs as of 24 Jun 2022

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
GDX USD $31.97 $0.61 / +1.95% -7.42%
0.53

Performance History* (%)

Month End as of 31 May 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) -9.39 -7.39 -0.24 -17.62 15.02 7.85 -- 7.86
GDMNTR (Index) -9.34 -7.30 -0.12 -17.15 15.52 8.31 -1.96 8.34
Performance Differential (NAV - Index) -0.05 -0.09 -0.12 -0.47 -0.50 -0.46 -- -0.48
Quarter End as of 31 Mar 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) 11.35 19.95 19.95 20.52 20.64 11.86 -- 10.93
GDMNTR (Index) 11.37 19.99 19.99 20.88 21.16 12.33 -1.36 11.42
Performance Differential (NAV - Index) -0.02 -0.04 -0.04 -0.36 -0.52 -0.47 -- -0.49
Calendar Year as of 31 Dec 2021 2017 2018 2019 2020 2021
ETF (NAV) 11.64 -9.03 40.16 23.09 -9.72
GDMNTR (Index) 12.15 -8.67 40.89 23.69 -9.37

Top 10 Holdings (%) as of 31 May 2022 View All Holdings »

Total Holdings: 56
Holding Name
Ticker
Shares Market Value
(USD)
% of Net
Assets
NEWMONT CORP
NEM US
1,815,080
123,153,178 15.85
BARRICK GOLD CORP
GOLD US
4,075,230
83,501,463 10.75
FRANCO-NEVADA CORP
FNV US
437,891
62,206,795 8.01
AGNICO EAGLE MINES LTD
AEM US
1,041,577
55,130,671 7.10
WHEATON PRECIOUS METALS CORP
WPM US
1,031,804
42,623,823 5.49
NEWCREST MINING LTD
NCM AU
2,145,157
38,532,253 4.96
ZIJIN MINING GROUP CO LTD
2899 HK
17,788,000
24,169,125 3.11
GOLD FIELDS LTD
GFI US
2,529,002
23,620,879 3.04
NORTHERN STAR RESOURCES LTD
NST AU
3,611,179
23,184,784 2.98
ROYAL GOLD INC
RGLD US
203,469
23,008,275 2.96
Top 10 Total (%) 64.25
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 31 May 2022

  • Country

    % of Net Assets
  • Canada

    41.18
  • United States

    20.23
  • Australia

    14.04
  • Brazil

    7.54
  • South Africa

    4.10
  • China

    4.02
  • Other/Cash

    8.89

Sector Weightings (%) as of 31 May 2022

  • Sector

    % of Net Assets
  • Materials

    99.7
  • Other/Cash

    0.3