Based on historical data, a $200 (or roughly 14%) move in gold price is likely to generate over-proportional increases in free cash flow (FCF) due to gold miners’ operational leverage. VanEck's Gold Miners ETFs offer you the opportunity to profit from such a feature.
Industry is FCF positive above $1,076 ($1,072 for majors; $1,085 for mid-tiers)
Source: VanEck; Company Reports. Data as of September 2019.
Risk: Investors should consider risks before investing. See dedicated risk factors section on this website.