Individual Investors

Subscribe to email updates

Subscribe now

Financial Professionals

Subscribe to email updates, or password protected financial professional-only content
email address/username
password

GDXJ
VanEck Vectors Junior Gold Miners ETF

  • Fund Description

    VanEck Vectors® Junior Gold Miners ETF (GDXJ®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Junior Gold Miners Index (MVGDXJTR), which is intended to track the overall performance of small-capitalization companies that are involved primarily in the mining for gold and/or silver.

  •  
      

    • Fund Ticker

      GDXJ
    • Exchange

      NYSE Arca
    • Commencement

      11/10/2009
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVGDXJTR
    • Index Rebalancing

      Quarterly
  •  
    as of 01/19/18

    • 30-Day SEC Yield1

      0.13%
    • Total Net Assets

      $4.5B
    • Number of Holdings

      72
    • Options

      Available
    • Gross Expense Ratio2

      0.52%
    • Net Expense Ratio/TER2

      0.52%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      --
  • Portfolio Composition (%)
    as of 01/19/18

    • % of Net Assets
    • Stocks

      99.86
    • Bonds

      0.00
    • Other

      0.00
    • Cash

      0.14
  • Download All HoldingsDaily Holdings (%) as of 01/19/18

    Total Holdings: 72
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Yamana Gold Inc
    AUY US
    61,696,021
    206,064,7104.53
    Gold Fields Ltd
    GFI US
    46,931,506
    194,765,7504.28
    Kirkland Lake Gold Ltd
    KL CN
    11,823,912
    188,859,7554.15
    Evolution Mining Ltd
    EVN AU
    84,606,726
    178,059,2753.92
    Iamgold Corp
    IAG US
    28,767,430
    177,207,3693.90
    Pan American Silver Corp
    PAAS US
    9,965,784
    166,229,2773.66
    Northern Star Resources Ltd
    NST AU
    34,457,260
    164,022,3353.61
    Sibanye Gold Ltd
    SBGL US
    31,403,144
    158,899,9093.49
    B2gold Corp
    BTG US
    50,506,581
    154,045,0723.39
    Centamin Plc
    CEY LN
    67,644,429
    151,238,5063.33
    Alamos Gold Inc
    AGI US
    20,990,949
    126,995,2412.79
    New Gold Inc
    NGD US
    39,903,221
    124,099,0172.73
    Regis Resources Ltd
    RRL AU
    35,990,214
    120,371,2792.65
    Detour Gold Corp
    DGC CN
    10,680,976
    119,997,4742.64
    Pretium Resources Inc
    PVG US
    10,103,793
    110,737,5712.44
    Oceanagold Corp
    OGC CN
    37,578,462
    102,603,3092.26
    St Barbara Ltd
    SBM AU
    31,898,387
    96,278,6172.12
    Endeavour Mining Corp
    EDV CN
    4,702,026
    93,644,0432.06
    Hecla Mining Co
    HL US
    21,528,306
    91,710,5842.02
    Tahoe Resources Inc
    TAHO US
    19,853,182
    88,545,1921.95
    Coeur Mining Inc
    CDE US
    10,015,841
    83,431,9561.83
    Osisko Gold Royalties Ltd
    OR US
    6,976,920
    81,560,1951.79
    First Majestic Silver Corp
    AG US
    11,700,580
    80,499,9901.77
    Ssr Mining Inc
    SSRM US
    8,462,496
    76,839,4641.69
    Eldorado Gold Corp
    EGO US
    53,549,122
    71,755,8231.58
    Sandstorm Gold Ltd
    SAND US
    12,445,849
    64,096,1221.41
    Saracen Mineral Holdings Ltd
    SAR AU
    52,884,783
    63,793,6941.40
    Hochschild Mining Plc
    HOC LN
    17,707,904
    60,111,5041.32
    Novagold Resources Inc
    NG US
    15,070,638
    59,981,1391.32
    Semafo Inc
    SMF CN
    19,077,413
    58,522,9611.29
    Fortuna Silver Mines Inc
    FSM US
    10,386,180
    50,684,5581.11
    Centerra Gold Inc
    CG CN
    10,186,336
    50,389,7451.11
    Harmony Gold Mining Co Ltd
    HMY US
    28,227,306
    48,833,2391.07
    Mag Silver Corp
    MAG US
    4,102,817
    47,715,7621.05
    Zhaojin Mining Industry Co Ltd
    1818 HK
    56,607,000
    45,597,6641.00
    Alacer Gold Corp
    ASR CN
    21,859,343
    40,023,5310.88
    Mcewen Mining Inc
    MUX US
    17,436,748
    39,058,3160.86
    Guyana Goldfields Inc
    GUY CN
    9,335,835
    37,560,7580.83
    Koza Altin Isletmeleri As
    KOZAL TI
    3,629,918
    37,538,4910.83
    Seabridge Gold Inc
    SA US
    3,328,550
    37,279,7600.82
    Torex Gold Resources Inc
    TXG CN
    3,674,668
    36,768,8120.81
    Highland Gold Mining Ltd
    HGM LN
    14,708,242
    35,059,8190.77
    Silvercorp Metals Inc
    SVM CN
    12,544,277
    34,351,3230.76
    China Gold International Resources Corp
    CGG CN
    16,040,798
    30,786,9960.68
    Resolute Mining Ltd
    RSG AU
    34,121,876
    30,522,2240.67
    Premier Gold Mines Ltd
    PG CN
    10,746,702
    29,515,1340.65
    Continental Gold Inc
    CNL CN
    9,258,911
    27,808,3330.61
    Argonaut Gold Inc
    AR CN
    12,233,273
    26,524,6630.58
    Endeavour Silver Corp
    EXK US
    9,508,398
    22,725,0710.50
    Osisko Mining Inc
    OSK CN
    8,214,286
    22,625,9800.50
    Acacia Mining Plc
    ACA LN
    8,459,667
    22,575,3900.50
    Westgold Resources Ltd
    WGX AU
    16,880,747
    22,353,6010.49
    Perseus Mining Ltd
    PRU AU
    63,125,691
    21,717,6450.48
    Golden Star Resources Ltd
    GSS US
    26,572,773
    21,258,2180.47
    Dundee Precious Metals Inc
    DPM CN
    8,211,616
    21,101,9240.46
    Gold Standard Ventures Corp
    GSV US
    11,301,053
    20,793,9380.46
    Gold Resource Corp
    GORO US
    3,972,224
    19,185,8420.42
    Teranga Gold Corp
    TGZ CN
    6,558,096
    18,696,0380.41
    First Mining Gold Corp
    FF CN
    41,180,343
    18,519,1670.41
    Klondex Mines Ltd
    KLDX US
    7,980,319
    17,796,1110.39
    Great Panther Silver Ltd
    GPL US
    12,556,621
    16,574,7400.36
    Wesdome Gold Mines Ltd
    WDO CN
    8,286,056
    14,040,2150.31
    Ramelius Resources Ltd
    RMS AU
    36,375,241
    12,223,7230.27
    Asanko Gold Inc
    AKG US
    12,590,965
    11,205,9590.25
    Silver Lake Resources Ltd
    SLR AU
    34,782,842
    10,951,8960.24
    Drdgold Ltd
    DRD US
    2,909,588
    9,107,0100.20
    Beadell Resources Ltd
    BDR AU
    55,782,347
    8,009,9170.18
    Munsun Capital Group Ltd
    1194 HK
    804,940,000
    6,074,5140.13
    Patagonia Gold Plc
    PGD LN
    38,603,767
    761,7010.02
    Sulliden Mining Capital Inc
    SMC CN
    1,694,754
    571,6090.01
    Real Gold Mining Ltd
    246 HK
    19,287,400
    338,2260.01
    Other/Cash
    --
    --
    6,585,8030.14
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Important Disclosure

    VanEck only serves professional clients in countries where the funds are registered or where funds can be sold in accordance with local private placement rules. 

    130-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among funds. It is based on the most recent 30-day period. This yield figure reflects the interest earned during the period after deducting the fund's expenses for the period. It does not reflect the yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. Distributions may vary from time to time.

    2GDXJ Fees & Expenses: Van Eck Associates Corporation (the "Adviser") has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses) from exceeding 0.56% of the Fund's average daily net assets per year until at least May 1, 2018. During such time, the expense limitation is expected to continue until the Fund's Board of Trustees acts to discontinue all or a portion of such expense limitation. TER, or Total Expense Ratio, is also referred to as "Net Expense Ratio".

    3Morningstar Ratings : If applicable, when the ETF is rated three stars or more for any given period. ©Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. 

    4IIV is an abbreviation for the intraday indicative value of an ETF's Shares (and is also known as the Indicative Optimized Portfolio Value or IOPV), and is disseminated every 15 seconds during regular trading hours. The IIV is based on the current market value of the securities and/or cash required to be deposited in exchange for a Creation Unit. The IIV does not necessarily reflect the precise composition of the current portfolio of securities held by the Fund at a particular point in time or the best possible valuation of the current portfolio. Therefore, the IIV should not be viewed as a "real-time" update of the Fund's NAV, which is computed only once a day. The Fund is not involved in, or responsible for, the calculation or dissemination of the IIV and makes no warranty as to its accuracy.

    6 The S&P 500® Index consists of 500 widely held common stocks covering industrial, utility, financial and transportation sector; as an Index, it is unmanaged and is not a security in which investments can be made.

    For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics.

    An investment in the Fund may be subject to risks which include, among others, investing in gold and silver mining companies, investing in Australian and Canadian issuers, foreign securities, foreign currency, depositary receipts, portfolio turnover, small-and medium-capitalization companies, equity securities, market, operational, index tracking, authorized participant concentration, no guarantee of active trading market, trading issues, replication management, fund shares trading, premium/discount risk and liquidity of fund shares, non-diversified and concentration risks, all of which may adversely affect the Fund. Foreign investments are subject to risks, which include changes in economic and political conditions, foreign currency fluctuations, changes in foreign regulations, and changes in currency exchange rates which may negatively impact the Fund's return. Small- and medium-capitalization companies may be subject to elevated risks. The Fund's assets may be concentrated in a particular sector and may be subject to more risk than investments in a diverse group of sectors.

    MVIS Global Junior Gold Miners Index is the exclusive property of MV Index Solutions GmbH (a wholly owned subsidiary of the Adviser), which has contracted with Solactive AG to maintain and calculate the Index. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards MV Index Solutions GmbH, Solactive AG has no obligation to point out errors in the Index to third parties. The VanEck Vectors Junior Gold Miners ETF is not sponsored, endorsed, sold or promoted by MV Index Solutions GmbH and MV Index Solutions GmbH makes no representation regarding the advisability of investing in the Fund.

    The S&P 500 Index is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Van Eck Associates Corporation. Copyright © 2017 S&P Dow Jones Indices LLC, a division of S&P Global, Inc., and/or its affiliates. All rights reserved. Redistribution or reproduction in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC. For more information on any of S&P Dow Jones Indices LLC’s indices please visit www.spdji.com. S&P® is a registered trademark of S&P Global and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC. Neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their third party licensors make any representation or warranty, express or implied, as to the ability of any index to accurately represent the asset class or market sector that it purports to represent and neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their third party licensors shall have any liability for any errors, omissions, or interruptions of any index or the data included therein.

    Index returns are not Fund returns and do not reflect any management fees or brokerage expenses. Investors can not invest directly in the Index. Returns for actual Fund investors may differ from what is shown because of differences in timing, the amount invested and fees and expenses. Index returns assume that dividends have been reinvested.

    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.

    Fund shares are not individually redeemable and will be issued and redeemed at their NAV only through certain authorized broker-dealers in large, specified blocks of shares called "creation units" and otherwise can be bought and sold only through exchange trading. Shares may trade at a premium or discount to their NAV in the secondary market. You will incur brokerage expenses when trading Fund shares in the secondary market. Past performance is no guarantee of future results. Returns for actual Fund investments may differ from what is shown because of differences in timing, the amount invested, and fees and expenses.

    Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus and summary prospectus, which contains this and other information, call 800.826.2333 or visit vaneck.com/etfs . Please read the prospectus and summary prospectus carefully before investing.

    This content is published in the United States for residents of specified countries. Investors are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this content. Nothing in this content should be considered a solicitation to buy or an offer to sell shares of any investment in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction, nor is it intended as investment, tax, financial, or legal advice. Investors should seek such professional advice for their particular situation and jurisdiction.