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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 07/21/17

    • 30-Day SEC Yield1

      0.37%
    • Total Net Assets

      $3.9B
    • Number of Holdings

      74
    • 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 07/21/17

    • % of Net Assets
    • Stocks

      99.74
    • Bonds

      0.00
    • Other

      0.00
    • Cash

      0.26
  • Download All HoldingsDaily Holdings (%) as of 07/21/17

    Total Holdings: 74
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Pan American Silver Corp
    PAAS US
    9,886,787
    166,888,9654.28
    Gold Fields Ltd
    GFI US
    43,291,681
    163,642,5544.20
    Yamana Gold Inc
    AUY US
    54,883,327
    143,794,3173.69
    Evolution Mining Ltd
    EVN AU
    78,685,274
    136,281,7853.50
    Centamin Plc
    CEY LN
    62,421,881
    131,139,7653.36
    Iamgold Corp
    IAG US
    24,828,296
    128,610,5733.30
    Sibanye Gold Ltd
    SBGL US
    25,610,269
    122,417,0863.14
    New Gold Inc
    NGD US
    39,315,685
    121,485,4673.12
    Northern Star Resources Ltd
    NST AU
    33,429,121
    113,590,4362.91
    B2gold Corp
    BTG US
    41,165,952
    111,559,7302.86
    Detour Gold Corp
    DGC CN
    9,719,099
    108,705,5542.79
    Kirkland Lake Gold Ltd
    KL CN
    11,245,116
    107,729,0372.76
    Alamos Gold Inc
    AGI US
    15,319,343
    107,541,7882.76
    Hecla Mining Co
    HL US
    18,809,948
    101,197,5202.60
    Oceanagold Corp
    OGC CN
    35,114,294
    100,919,2552.59
    Pretium Resources Inc
    PVG US
    9,529,630
    96,535,1522.48
    Tahoe Resources Inc
    TAHO US
    16,688,876
    94,292,1492.42
    First Majestic Silver Corp
    AG US
    11,516,138
    92,129,1042.36
    Eldorado Gold Corp
    EGO US
    36,709,445
    91,773,6132.35
    Regis Resources Ltd
    RRL AU
    30,118,739
    88,885,4732.28
    Coeur Mining Inc
    CDE US
    9,426,957
    82,768,6822.12
    Endeavour Mining Corp
    EDV CN
    4,152,048
    77,995,9202.00
    Osisko Gold Royalties Ltd
    OR US
    5,935,629
    75,382,4881.93
    Silver Standard Resources Inc
    SSRI US
    7,273,711
    71,646,0531.84
    Torex Gold Resources Inc
    TXG CN
    3,552,178
    64,543,8061.66
    Novagold Resources Inc
    NG US
    12,653,261
    59,343,7941.52
    Centerra Gold Inc
    CG CN
    11,025,487
    59,238,0071.52
    Zhaojin Mining Industry Co Ltd
    1818 HK
    68,483,500
    55,264,8921.42
    St Barbara Ltd
    SBM AU
    25,469,212
    50,749,4021.30
    Hochschild Mining Plc
    HOC LN
    13,176,381
    48,500,2061.24
    Saracen Mineral Holdings Ltd
    SAR AU
    44,517,630
    44,710,8751.15
    Fortuna Silver Mines Inc
    FSM US
    9,099,544
    44,587,7661.14
    Mag Silver Corp
    MAG US
    3,296,498
    44,403,8281.14
    Semafo Inc
    SMF CN
    15,672,883
    37,787,0880.97
    Guyana Goldfields Inc
    GUY CN
    8,851,595
    37,028,8660.95
    Mcewen Mining Inc
    MUX US
    13,888,268
    36,248,3790.93
    Sandstorm Gold Ltd
    SAND US
    8,573,534
    35,837,3720.92
    Osisko Mining Corp /Old
    OSK CN
    9,373,010
    32,774,8550.84
    Seabridge Gold Inc
    SA US
    2,775,834
    32,616,0500.84
    Harmony Gold Mining Co Ltd
    HMY US
    17,959,489
    31,249,5110.80
    Silvercorp Metals Inc
    SVM CN
    10,342,469
    30,385,0280.78
    Klondex Mines Ltd
    KLDX US
    8,686,001
    29,619,2630.76
    Richmont Mines Inc
    RIC US
    3,547,278
    29,442,4070.76
    Alacer Gold Corp
    ASR CN
    17,605,676
    28,391,7180.73
    Resolute Mining Ltd
    RSG AU
    31,178,312
    26,389,7830.68
    Endeavour Silver Corp
    EXK US
    8,301,839
    25,403,6270.65
    Continental Gold Inc
    CNL CN
    8,923,438
    24,933,7640.64
    China Gold International Resources Corp
    CGG CN
    15,005,124
    23,838,5730.61
    Koza Altin Isletmeleri As
    KOZAL TI
    2,716,501
    23,125,9350.59
    Acacia Mining Plc
    ACA LN
    7,609,155
    23,018,4520.59
    Highland Gold Mining Ltd
    HGM LN
    11,103,495
    21,268,9840.55
    Premier Gold Mines Ltd
    PG CN
    8,376,330
    21,198,2800.54
    Argonaut Gold Inc
    AR CN
    11,425,228
    20,978,7840.54
    First Mining Finance Corp
    FF CN
    33,948,136
    17,345,3670.45
    Dundee Precious Metals Inc
    DPM CN
    7,813,455
    16,093,4970.41
    Asanko Gold Inc
    AKG US
    10,410,312
    15,615,4680.40
    Golden Star Resources Ltd
    GSS US
    23,731,156
    15,138,1040.39
    Gold Resource Corp
    GORO US
    3,459,348
    14,771,4160.38
    Teranga Gold Corp
    TGZ CN
    5,338,012
    14,617,1010.38
    Gold Standard Ventures Corp
    GSV US
    8,102,516
    14,179,4030.36
    Westgold Resources Ltd
    WGX AU
    10,854,086
    13,356,9080.34
    Great Panther Silver Ltd
    GPL US
    10,093,006
    12,616,2580.32
    Perseus Mining Ltd
    PRU AU
    52,912,760
    12,600,6970.32
    Wesdome Gold Mines Ltd
    WDO CN
    6,001,121
    12,121,0570.31
    Silver Lake Resources Ltd
    SLR AU
    29,534,311
    10,672,5420.27
    Ramelius Resources Ltd
    RMS AU
    32,745,641
    10,660,4050.27
    Beadell Resources Ltd
    BDR AU
    61,335,330
    9,710,3850.25
    Drdgold Ltd
    DRD US
    2,337,492
    7,199,4750.18
    Munsun Capital Group Ltd
    1194 HK
    495,274,000
    5,264,0150.14
    Primero Mining Corp
    PPP US
    9,966,607
    3,622,8620.09
    Real Gold Mining Ltd
    246 HK
    19,287,400
    1,245,1400.03
    Patagonia Gold Plc
    PGD LN
    38,603,767
    752,1650.02
    Sulliden Mining Capital Inc
    SMC CN
    1,774,754
    332,9610.01
    Other/Cash
    --
    --
    9,962,0850.26
    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.

    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.