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GDX
VanEck Gold Miners UCITS ETF

Fund Description

Glittering through good and bad times, gold has proved the ultimate hedge against uncertainty. The VanEck Gold Miners UCITS ETF invests in gold and silver miners’ stocks, which have prices strongly correlated with the gold price.

  • Gold is often seen as an investment safe haven
  • Gold miners provide the advantages of both physical gold and revenue generating companies
  • Spread portfolio risks
  • Possible protection against inflation
  • Gold miners have historically provided leveraged exposure to gold prices


Risk factors: Risk of Investing in Natural Resources Companies, Industry or Sector Concentration Risk, Risk of investing in Smaller Companies



Underlying Index

NYSE Arca Gold Miners Index (GDMNTR)

Fund Details
 

  • Fund Ticker

    GDX
  • Management Company

    VanEck Asset Management B.V.
  • Custodian

    State Street Custodial Services (Ireland) Limited
  • Domicile

    Ireland
  • UCITS Compliant

    Yes
  • Index Ticker

    GDMNTR
  • Index Provider

    ICE Data Indices, LLC
  • Rebalance Frequency

    Quarterly
1The "Net Asset Value" (NAV) of all ETFs is determined at the close of each business day, and represents the 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. Investors should not expect to buy or sell ETF shares at NAV.

2The date the fund was launched prior to quotation on the stock exchange.

 
as of 26 Jan 2023

  • NAV1

    35.90
  • Shares Outstanding

    24,150,000
  • Number of Holdings

    49
  • Base Currency

    USD
  • Net Assets

    $867.0M
  • Product Structure

    Physical (Full Replication)
  • Income Treatment

    Reinvestment
  • Distribution Frequency

    None
  • Total Expense Ratio

    0.53%
  • ISA Eligibility

    Yes
  • SIPP Available

    Yes
  • UK Reporting Status

    Yes
  • UK Distributor

    Yes
  • SFDR Classification

    Article 6
  • Fact Sheet
  • VanEck Product List
  • Fund Holiday Calendar

Trading Information as of 26 Jan 2023

SIX
Swiss Exchange
CHF
Exchange Ticker GDX
ISIN IE00BQQP9F84
SEDOL BXVMBZ7
Bloomberg GDX SE
Reuters (RIC) GDX.S
Valor 26419120
Bloomberg iNAV GDXINAV
Reuters iNAV GDXINAV=SOLA
WKN A12CCL
Trading Currency CHF
Last Traded Price 32.96
Day's Move -0.12
Volume 5,060
30 Day Volume 4,685
VWAP Volume 5,060

NAVs as of 26 Jan 2023

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
GDX USD $35.90 $-0.36 / -0.99% +14.14%
0.53

Performance History* (%)

  1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF 1.10 21.32 -8.92 -8.92 0.41 5.23 -- 6.00
GDMNTR (Index) 1.12 21.48 -8.63 -8.63 0.80 5.68 -3.52 6.46
Performance differential (ETF – Index) -0.02 -0.16 -0.29 -0.29 -0.39 -0.45 -- -0.46
  1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF 1.10 21.32 -8.92 -8.92 0.41 5.23 -- 6.00
GDMNTR (Index) 1.12 21.48 -8.63 -8.63 0.80 5.68 -3.52 6.46
Performance differential (ETF – Index) -0.02 -0.16 -0.29 -0.29 -0.39 -0.45 -- -0.46
  2018 2019 2020 2021 2022
ETF -9.03 40.16 23.09 -9.72 -8.92
GDMNTR (Index) -8.67 40.89 23.69 -9.37 -8.63

Market Makers

Top 10 Holdings (%) as of 31 Dec 2022 View All Holdings »

Total Holdings: 49
Swipe<br>to view <br> full data
Holding Name
Ticker
Shares Market Value
(USD)
% of Net
Assets
NEWMONT CORP NEM US 1,915,215 90,398,148 12.58
BARRICK GOLD CORP GOLD US 4,251,537 73,041,406 10.16
FRANCO-NEVADA CORP FNV US 462,468 63,117,633 8.78
AGNICO EAGLE MINES LTD AEM US 1,100,110 57,194,719 7.96
WHEATON PRECIOUS METALS CORP WPM US 1,090,543 42,618,420 5.93
NEWCREST MINING LTD NCM AU 2,223,274 31,119,202 4.33
GOLD FIELDS LTD GFI US 2,778,373 28,756,161 4.00
NORTHERN STAR RESOURCES LTD NST AU 3,613,459 26,734,598 3.72
ANGLOGOLD ASHANTI LTD AU US 1,304,515 25,333,681 3.53
ZIJIN MINING GROUP CO LTD 2899 HK 17,882,000 24,239,945 3.37
Top 10 Total (%) 64.36
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 31 Dec 2022

  • Country

    % of Net Assets
  • Canada

    41.89
  • United States

    17.66
  • Australia

    13.26
  • Brazil

    8.24
  • South Africa

    5.19
  • China

    4.63
  • Other/Cash

    9.12

Sector Weightings (%) as of 31 Dec 2022

  • Sector

    % of Net Assets
  • Materials

    99.9
  • Other/Cash

    0.1

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