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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 05/26/17

    • 30-Day SEC Yield1

      0.13%

    • Total Net Assets

      $3.8B

    • Number of Holdings

      57

    • Options

      Available

    • Gross Expense Ratio2

      0.52%

    • Net Expense Ratio/TER2

      0.52%

    • Distribution Frequency

      Annual

    • Next Distribution Date

      12/15/2017

  • Portfolio Composition (%)
    as of 05/26/17

    • % of Net Assets

    • Stocks

      99.98

    • Bonds

      0.00

    • Other

      0.00

    • Cash

      0.02

  • Download All HoldingsDaily Holdings (%) as of 05/26/17

    Total Holdings: 57
    Holding Name
    Ticker
    		SharesMarket Value
    (US$)    		% of Net
    Assets
    Kirkland Lake Gold Ltd
    KL CN
    26,876,931
    		207,575,4955.51
    Vaneck Vectors Gold Miners Etf
    GDX US
    8,009,898
    		183,747,0604.88
    Iamgold Corp
    IAG US
    37,953,133
    		164,716,5974.37
    Centerra Gold Inc
    CG CN
    25,598,989
    		148,992,8523.96
    Silver Standard Resources Inc
    SSRI US
    14,724,472
    		142,974,6233.80
    Regis Resources Ltd
    RRL AU
    59,348,854
    		142,888,8003.79
    Alamos Gold Inc
    AGI US
    21,591,448
    		139,480,7543.70
    Osisko Gold Royalties Ltd
    OR US
    12,737,139
    		135,141,0453.59
    B2gold Corp
    BTG US
    54,394,018
    		133,809,2843.55
    Torex Gold Resources Inc
    TXG CN
    7,605,283
    		126,236,5043.35
    St Barbara Ltd
    SBM AU
    55,089,426
    		117,448,5533.12
    Endeavour Mining Corp
    EDV CN
    7,339,850
    		116,811,2603.10
    Hochschild Mining Plc
    HOC LN
    31,214,549
    		115,400,3673.06
    Pretium Resources Inc
    PVG US
    11,578,042
    		106,286,4262.82
    Novagold Resources Inc
    NG US
    25,722,742
    		101,604,8312.70
    Fortuna Silver Mines Inc
    FSM US
    18,573,605
    		87,481,6802.32
    Mag Silver Corp
    MAG US
    6,705,210
    		80,060,2072.13
    Harmony Gold Mining Co Ltd
    HMY US
    37,213,064
    		79,263,8262.10
    Guyana Goldfields Inc
    GUY CN
    19,165,339
    		77,783,9522.06
    Mcewen Mining Inc
    MUX US
    27,690,011
    		74,209,2291.97
    Saracen Mineral Holdings Ltd
    SAR AU
    93,563,900
    		72,711,6021.93
    Silvercorp Metals Inc
    SVM CN
    21,890,429
    		66,551,5901.77
    Semafo Inc
    SMF CN
    30,985,035
    		66,102,0221.75
    Sandstorm Gold Ltd
    SAND US
    17,998,159
    		62,093,6491.65
    Alacer Gold Corp
    ASR CN
    38,038,558
    		57,115,8011.52
    Seabridge Gold Inc
    SA US
    5,181,506
    		53,628,5871.42
    Klondex Mines Ltd
    KLDX US
    16,113,654
    		51,724,8291.37
    Resolute Mining Ltd
    RSG AU
    60,092,928
    		51,470,9731.37
    Asanko Gold Inc
    AKG US
    23,762,317
    		48,237,5041.28
    Endeavour Silver Corp
    EXK US
    16,422,813
    		48,118,8421.28
    China Gold International Resources Corp
    CGG CN
    32,323,229
    		47,573,0271.26
    Richmont Mines Inc
    RIC US
    6,597,575
    		46,512,9041.23
    Premier Gold Mines Ltd
    PG CN
    20,457,443
    		42,882,6201.14
    Highland Gold Mining Ltd
    HGM LN
    21,014,522
    		41,056,0641.09
    Continental Gold Inc
    CNL CN
    15,688,300
    		39,999,1591.06
    Westgold Resources Ltd
    WGX AU
    26,717,562
    		38,580,1141.02
    First Mining Finance Corp
    FF CN
    73,127,213
    		37,506,7101.00
    Koza Altin Isletmeleri As
    KOZAL TI
    7,038,518
    		37,162,4250.99
    Wesdome Gold Mines Ltd
    WDO CN
    15,236,379
    		35,335,9860.94
    Argonaut Gold Inc
    AR CN
    22,329,544
    		33,694,3240.89
    Golden Star Resources Ltd
    GSS US
    49,648,700
    		32,971,7020.88
    Gold Standard Ventures Corp
    GSV US
    19,496,151
    		32,558,5720.86
    Teranga Gold Corp
    TGZ CN
    11,725,230
    		28,326,0220.75
    Great Panther Silver Ltd
    GPL US
    21,830,495
    		26,633,2040.71
    Dundee Precious Metals Inc
    DPM CN
    13,725,590
    		24,792,3760.66
    Beadell Resources Ltd
    BDR AU
    142,404,988
    		24,624,0720.65
    Perseus Mining Ltd
    PRU AU
    112,857,975
    		24,588,8990.65
    Gold Resource Corp
    GORO US
    6,995,727
    		24,485,0450.65
    Silver Lake Resources Ltd
    SLR AU
    61,995,289
    		21,181,4880.56
    Ramelius Resources Ltd
    RMS AU
    68,685,033
    		20,320,9240.54
    Drdgold Ltd
    DRD US
    6,106,440
    		19,723,8010.52
    Munsun Capital Group Ltd
    1194 HK
    876,646,000
    		14,848,5880.39
    Primero Mining Corp
    PPP US
    18,950,990
    		8,594,2740.23
    Real Gold Mining Ltd
    246 HK
    19,287,400
    		1,247,7050.03
    Patagonia Gold Plc
    PGD LN
    38,603,767
    		827,0510.02
    Sulliden Mining Capital Inc
    SMC CN
    1,774,754
    		379,2770.01
    Other/Cash
    --
    --
    		865,0170.02
    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 calculated daily, and is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons primarily among bond 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.

    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.

    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.

Van Eck Securities Corporation, Distributor
666 Third Avenue
New York, NY 10017
800.826.2333

 



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