Notice
MarketVector Indexes GmbH (“MarketVector”) has announced changes to the methodology for its MVIS Global Junior Gold Miners Index (MVGDXJ), the underlying index of GDXJ. The changes will be effective with the June 2023 MVGDXJ review.
Questions regarding the announced changes and their implementation can be directed to MarketVector (info@marketvector.com).
GDXJ
VanEck Junior Gold Miners ETF
GDXJ
VanEck Junior Gold Miners ETF
-
NAV
$37.89
as of June 02, 2023 -
YTD RETURNS
6.35%
as of June 02, 2023 -
Total Net Assets
$4.04B
as of June 02, 2023 -
Gross Expense Ratio
0.52% -
Net Expense Ratio
0.52% -
Inception Date
11/10/2009
GDXJ 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, 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, 2024. 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".
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.
Overview
Fund Highlights
- 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