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 -
Index Ticker
MVGDXJTR -
Index Rebalancing
Quarterly
as of 02/01/23
-
30-Day SEC Yield1
0.60% -
Total Net Assets
$4.2B -
Number of Holdings
98 -
Options
Available -
Gross Expense Ratio2
0.52% -
Net Expense Ratio/TER2
0.52% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
Key Documents and Links
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
Trading Information
-
Fund Ticker
GDXJ -
Index Total Return Ticker
MVGDXJTR -
NAV
GDXJNV -
Intraday NAV (IIV)4
GDXJIV -
Shares Outstanding
105,337,446 -
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%
2 Expenses 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
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) | 1.21 | 22.24 | -14.48 | -14.48 | -4.40 | 1.77 | -6.61 | -5.44 |
GDXJ (Share Price) | 0.31 | 21.62 | -14.55 | -14.55 | -4.28 | 1.83 | -6.61 | -5.44 |
MVGDXJTR (Index) | 1.67 | 22.27 | -14.27 | -14.27 | -3.94 | 2.27 | -6.33 | -5.14 |
Performance Differential (NAV - Index) | -0.46 | -0.03 | -0.21 | -0.21 | -0.46 | -0.50 | -0.28 | -0.30 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 11/10/09 |
|
---|---|---|---|---|---|---|---|---|
GDXJ (NAV) | 1.21 | 22.24 | -14.48 | -14.48 | -4.40 | 1.77 | -6.61 | -5.44 |
GDXJ (Share Price) | 0.31 | 21.62 | -14.55 | -14.55 | -4.28 | 1.83 | -6.61 | -5.44 |
MVGDXJTR (Index) | 1.67 | 22.27 | -14.27 | -14.27 | -3.94 | 2.27 | -6.33 | -5.14 |
Performance Differential (NAV - Index) | -0.46 | -0.03 | -0.21 | -0.21 | -0.46 | -0.50 | -0.28 | -0.30 |
Top 10 Holdings (%) as of 12/31/22
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Yamana Gold Inc |
AUY US
|
40,453,656
|
224,517,791 | 6.01 |
Kinross Gold Corp |
KGC US
|
48,059,033
|
196,561,445 | 5.26 |
Alamos Gold Inc |
AGI US
|
15,586,887
|
157,583,428 | 4.22 |
Pan American Silver Corp |
PAAS US
|
8,962,576
|
146,448,492 | 3.92 |
B2gold Corp |
BTG US
|
36,463,444
|
130,174,495 | 3.48 |
Endeavour Mining Plc |
EDV LN
|
6,117,166
|
128,730,177 | 3.44 |
Evolution Mining Ltd |
EVN AU
|
62,357,574
|
126,985,537 | 3.40 |
Ssr Mining Inc |
SSRM US
|
7,512,649
|
117,723,210 | 3.15 |
Industrias Penoles Sab De Cv |
PE&OLES* MF
|
8,934,663
|
109,881,145 | 2.94 |
Hecla Mining Co |
HL US
|
18,849,171
|
104,801,391 | 2.80 |
Top 10 Total (%) | 38.62 |
Country Weightings (%)
as of 12/31/22
Country | % of Net Assets |
---|---|
● Canada | 51.48 |
● Australia | 17.30 |
● Brazil | 6.01 |
● United States | 4.32 |
● United Kingdom | 4.17 |
● Mexico | 3.46 |
● Turkey | 3.21 |
● South Africa | 2.35 |
● Peru | 2.07 |
● China | 1.51 |
● Egypt | 1.45 |
● Burkina Faso | 1.11 |
● Indonesia | 1.06 |
● Kyrgyzstan | 0.44 |
● Other/Cash | 0.06 |
Sector Weightings (%)
as of 12/31/22
Sector | % of Net Assets |
---|---|
● Materials | 99.94 |
● Other/Cash | 0.06 |