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How to Purchase

GDX
VanEck Vectors Gold Miners ETF

  • We believe Gold companies are healthier than they’ve been in 10-20 years with low operating costs, healthy balance sheets, and attractive valuations.
  • Extreme monetary policies, negative real interest rates, unsustainable sovereign and corporate debt levels and diminishing dollar headwinds should continue to support higher prices for gold in our view.
  • Historically, mid-tier and junior gold mining companies have historically outperformed in market recoveries and/or supportive gold price environments.

Read Joe Foster’s Latest Commentary: A Gold Star for the Other Junior Class

Video: Joe Foster: Gold Continues to Shine

Fund Description

VanEck Vectors® Gold Miners ETF (GDX®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index (GDMNTR), which is intended to track the overall performance of companies involved in the gold mining industry.

 
 

  • Fund Ticker

    GDX
  • Exchange

    NYSE Arca
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    GDMNTR
  • Index Rebalancing

    Quarterly

 
as of 07/14/20

  • 30-Day SEC Yield1

    0.31%
  • Total Net Assets

    $16.6B
  • Number of Holdings

    53
  • Options

    Available
  • Gross Expense Ratio2

    0.52%
  • Net Expense Ratio/TER2

    0.52%
  • Distribution Frequency

    Annual

Index Key Points

Underlying Index: NYSE Arca Gold Miners Index (GDMNTR)

The Index comprises:

Publicly traded companies involved in the gold and silver mining industry.

Companies eligible for inclusion in Index:

  • Globally-listed
  • Market capitalization greater than $750 million
  • Average daily volume of at least 50,000 shares
  • Average daily value traded of at least $1 million

Index provider:

ICE Data Indices, LLC

Index Profile

  • Ticker

    GDMNTR
  • Inception Date

    10/01/2004
  • Rebalance Frequency

    Quarterly

Index Top 10 Constituents (%) as of 06/30/20

Total Constituents: 53
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full data
Constituent Name
Ticker
Weightings (%)
Newmont Mining Corp
NEM US
13.71
Barrick Gold Corp
ABX US
13.26
Franco-Nevada Corp
FNV US
7.34
Wheaton Precious Metals Corp
WPM US
5.47
Newcrest Mining Ltd
NCM AU
4.90
Agnico-Eagle Mines Ltd
AEM US
4.36
Anglogold Ashanti-Spon Adr
AU US
4.24
Kirkland Lake Gold Ltd
KL CN
3.93
Kinross Gold Corp
KGC US
3.14
Gold Fields Ltd-Spons Adr
GFI US
2.87
Top 10 Total (%) 63.22
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index Country Weightings (%) as of 06/30/20

  • Country

    Weightings (%)
  • Canada

    55.5
  • United States

    18.2
  • Australia

    14.5
  • South Africa

    8.4
  • China

    1.3
  • Egypt

    0.9
  • Peru

    0.8
  • United Kingdom

    0.4

Index Sector Weightings (%) as of 06/30/20

  • Sector

    Weightings (%)
  • Materials

    100.0