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Related Funds

OUNZ
VanEck Merk Gold Trust

INIVX
International Investors Gold Fund - Class A

GDX
VanEck Gold Miners ETF

GDXJ
VanEck 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

Schedule a Call

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

Source: Bloomberg

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

Prices as of 05/23/22

	NAV/ Market Price	Volume 30-Day Avg./ Last Trading Day	Daily Change NAV/ Last Price	YTD Change NAV/ Last Price	Premium/ Discount			30-Day Median Bid Ask Spread	NAV Chart
GDXJ	$39.58 $39.45	7,370,406 3,983,889	$0.27 / +0.69% $0.36 / +0.92%	-5.49% -5.91%	$-0.13 -0.32%			0.02%

Premium/Discount History as of 05/23/22

		Calendar Year 2021	2Q 2021	3Q 2021	4Q 2021	1Q 2022
	Days closed at a premium	104	24	30	32	26
GDXJ	Days closed at NAV	3	2	1	0	1
	Days closed at a discount	145	37	33	32	35

Performance History: Average Annual Total Returns* (%)
View All ETFs View All Indices

Monthly Return

Month End as of 04/30/22
Quarter End as of 03/31/22

	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

*Returns less than one year are not annualized.

The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Please call 800.826.2333 or visit vaneck.com for performance current to the most recent month ended.

The "Net Asset Value" (NAV) of a Fund 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. Investors should not expect to buy or sell shares at NAV.

Top 10 Holdings (%) as of 04/30/22 Daily Holdings

Total Holdings: 100

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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

These are not recommendations to buy or to sell any security. Securities and holdings may vary.

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