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GDX
VanEck Vectors Gold Miners ETF

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

  • 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 09/17/19

  • 30-Day SEC Yield1

    0.18%

  • Total Net Assets

    $11.6B

  • Number of Holdings

    44

  • Options

    Available

  • Gross Expense Ratio2

    0.52%

  • Net Expense Ratio/TER2

    0.52%

  • Distribution Frequency

    Annual

  • Next Distribution Date

    12/20/2019

Morningstar™ Ratings3
as of 08/31/2019

Category Overall 3 Year 5 Year
Equity Precious Metals
3 of 65 Funds
5 of 65 Funds
3 of 64 Funds

Key Points

Nation's First Gold Miners ETF
An industry driven by demand across regions and segments of the market
Pure Play with Global Scope
Companies must derive at least 50% of total revenues from gold mining and related activities to be added to the Index
Convenient Customization
Customize overall commodity exposure with targeted allocation to gold mining companies

Trading Information

  • Fund Ticker

    GDX

  • Index Total Return Ticker

    GDMNTR

  • NAV

    GMINV

  • Intraday NAV (IIV)4

    GMI

  • Shares Outstanding

    413,302,500

  • Estimated Cash

    GMIEU

  • Total Cash

    GMITC

  • CUSIP

    92189F106

  • ISIN

    US92189F1066
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%

  • Other Expenses

    0.02%

  • Gross Expense Ratio

    0.52%

  • Fee Waivers and
    Expense Reimbursement

    --

  • Net Expense Ratio/TER2

    0.52%
2Expenses for GDX are capped contractually at 0.53% until May 1, 2020. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Prices as of 09/17/19

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 $28.05
$28.12		 69,175,432
71,334,230		 $0.80 / +2.94%
$0.83 / +3.04%		 +33.09%
+33.33%
 $0.07
0.26%

Performance History: Average Annual Total Returns* (%)
View All ETFs View All Indices

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
05/16/06
GDX (NAV) 11.85 38.73 41.89 61.37 6.03 2.91 -2.15 -1.52
GDX (Share Price) 12.68 38.30 41.58 61.78 5.96 2.90 -2.16 -1.53
GDMNTR (Index) 11.60 38.95 42.16 61.99 6.40 3.26 -1.70 -1.07
Performance Differential (NAV - Index) 0.25 -0.22 -0.27 -0.62 -0.37 -0.35 -0.45 -0.45
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
05/16/06
GDX (NAV) 18.93 14.27 21.64 15.66 -2.07 0.00 -3.22 -2.69
GDX (Share Price) 18.39 14.01 21.19 15.14 -2.15 -0.07 -3.25 -2.71
GDMNTR (Index) 19.07 14.34 21.81 16.02 -1.67 0.35 -2.78 -2.24
Performance Differential (NAV - Index) -0.14 -0.07 -0.17 -0.36 -0.40 -0.35 -0.44 -0.45

*Returns less than one year are not annualized.

The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

The "Net Asset Value" (NAV) of a VanEck Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar 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. VanEck Vectors ETF investors should not expect to buy or sell shares at NAV.

Top 10 Holdings (%) as of 08/31/19 Daily Holdings

Total Holdings: 44
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$) 		% of Net
Assets
Barrick Gold Corp
GOLD US
67,355,663
1,305,352,749 11.00
Newmont Goldcorp Corp
NEM US
31,521,838
1,257,406,118 10.60
Newcrest Mining Ltd
NCM AU
29,556,648
739,058,623 6.23
Franco-Nevada Corp
FNV US
7,200,391
703,190,185 5.93
Agnico Eagle Mines Ltd
AEM US
10,008,722
626,445,910 5.28
Wheaton Precious Metals Corp
WPM US
20,157,462
592,830,957 5.00
Anglogold Ashanti Ltd
AU US
24,900,958
566,496,795 4.77
Kirkland Lake Gold Ltd
KL CN
10,891,610
530,646,321 4.47
Royal Gold Inc
RGLD US
3,938,255
525,284,452 4.43
Kinross Gold Corp
KGC US
74,815,090
371,830,997 3.13
Top 10 Total (%) 60.84
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 08/31/19

  • Country

    % of Net Assets
  • ■

    Canada

    50.60
  • ■

    United States

    17.06
  • ■

    Australia

    15.68
  • ■

    South Africa

    8.28
  • ■

    Peru

    2.12
  • ■

    China

    1.78
  • ■

    Brazil

    1.74
  • ■

    Côte D'Ivoire

    1.07
  • ■

    Egypt

    1.03
  • ■

    Russia

    0.52
  • ■

    Other/Cash

    0.12

Sector Weightings (%) as of 08/31/19

  • Sector

    % of Net Assets
  • ■

    Materials

    99.9
  • ■

    Other/Cash

    0.1