GDXJVanEck Junior Gold Miners ETF
Fund Description
VanEck 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 -
Inception Date
11/10/2009 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Custodian
State Street Bank and Trust Company -
Index Ticker
MVGDXJTR -
Index Rebalancing
Quarterly
as of 05/23/22
-
30-Day SEC Yield1
0.50% -
Total Net Assets
$4.0B -
Number of Holdings
100 -
Options
Available -
Gross Expense Ratio2
0.52% -
Net Expense Ratio/TER2
0.52% -
Distribution Frequency
Annual -
Next Distribution Date
12/16/2022
Key Points
- Small and Early Stage Miners
Portfolio of small gold miners, some of which are in early exploratory stages with upside potential
- High Beta Exposure to Gold Prices6
Gold miners have historically provided leveraged exposure to gold prices
- Highly Liquid
ETF has historically featured greater average trading volume than any of its underlying junior miners7
Trading Information
-
Fund Ticker
GDXJ -
Index Total Return Ticker
MVGDXJTR -
NAV
GDXJNV -
Intraday NAV (IIV)4
GDXJIV -
Shares Outstanding
101,987,446 -
Estimated Cash
GDXJEU -
Total Cash
GDXJTC -
CUSIP
92189F791 -
ISIN
US92189F7915
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 GDXJ are capped contractually at 0.56% until May 1, 2023. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.
Investment Professionals
Peter Liao, CFA
- Portfolio Manager and Head of Equity ETFs
- Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
- Joined VanEck in 2005
- CFA charterholder; member of the CFA Society New York
- BA, Mathematics and Economics, New York University
Guo Hua (Jason) Jin
- Portfolio Manager and Analyst for Equity ETFs
- Joined VanEck in 2007
- Prior to his current role, held a portfolio administration position at VanEck
- Previously, Portfolio Analyst at Evaluation Associates
- BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 11/10/09 |
|
---|---|---|---|---|---|---|---|---|
GDXJ (NAV) | -7.93 | 12.88 | 3.31 | -7.18 | 15.23 | 6.78 | -6.01 | -4.28 |
GDXJ (Share Price) | -8.36 | 12.05 | 2.43 | -7.86 | 14.99 | 6.81 | -6.09 | -4.34 |
MVGDXJTR (Index) | -7.71 | 13.51 | 3.75 | -6.59 | 16.04 | 7.37 | -5.68 | -3.95 |
Performance Differential (NAV - Index) | -0.22 | -0.63 | -0.44 | -0.59 | -0.81 | -0.59 | -0.33 | -0.33 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 11/10/09 |
|
---|---|---|---|---|---|---|---|---|
GDXJ (NAV) | 8.55 | 12.21 | 12.21 | 6.81 | 15.38 | 6.34 | -5.67 | -3.67 |
GDXJ (Share Price) | 8.67 | 11.78 | 11.78 | 6.00 | 15.32 | 6.33 | -5.76 | -3.70 |
MVGDXJTR (Index) | 8.57 | 12.42 | 12.42 | 7.50 | 16.07 | 6.64 | -5.35 | -3.35 |
Performance Differential (NAV - Index) | -0.02 | -0.21 | -0.21 | -0.69 | -0.69 | -0.30 | -0.32 | -0.32 |
Top 10 Holdings (%) as of 04/30/22 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Merdeka Copper Gold Tbk Pt |
MDKA IJ |
678,184,988 |
247,149,420 | 5.40 |
Yamana Gold Inc |
AUY US |
44,496,928 |
245,178,073 | 5.35 |
Pan American Silver Corp |
PAAS US |
9,866,158 |
244,384,734 | 5.34 |
Evolution Mining Ltd |
EVN AU |
80,201,899 |
228,256,368 | 4.99 |
Ssr Mining Inc |
SSRM US |
8,518,152 |
187,484,526 | 4.09 |
Endeavour Mining Plc |
EDV LN |
6,988,696 |
170,169,033 | 3.72 |
B2gold Corp |
BTG US |
38,523,997 |
163,726,987 | 3.58 |
Alamos Gold Inc |
AGI US |
15,717,948 |
121,971,276 | 2.66 |
First Majestic Silver Corp |
AG US |
10,837,922 |
111,630,597 | 2.44 |
Hecla Mining Co |
HL US |
19,068,491 |
99,346,838 | 2.17 |
Top 10 Total (%) | 39.73 |
Country Weightings (%) as of 04/30/22
-
Country
% of Net Assets -
■
Canada
47.23 -
■
Australia
19.67 -
■
Indonesia
5.97 -
■
Brazil
5.35 -
■
United Kingdom
4.64 -
■
United States
3.47 -
■
Peru
2.44 -
■
South Africa
2.14 -
■
Mexico
2.10 -
■
Turkey
2.04 -
■
Kyrgyzstan
1.51 -
■
Burkina Faso
1.16 -
■
Egypt
1.11 -
■
China
1.04 -
■
Other/Cash
0.11
Sector Weightings (%) as of 04/30/22
-
Sector
% of Net Assets -
■
Materials
99.9 -
■
Other/Cash
0.1