GDXJ
VanEck Junior Gold Miners ETF
GDXJ
VanEck Junior Gold Miners ETF
-
NAV$105.53
as of March 20, 2026 -
YTD RETURNS-7.62%
as of March 20, 2026 -
Total Net Assets$8.10B
as of March 20, 2026 -
Gross Expense Ratio0.51%
-
Net Expense Ratio0.51%
-
Inception Date11/10/2009
About GDXJ
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
Why GDXJ
- 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 Prices
(Source: Morningstar) : 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 miners
(Source: Bloomberg.)
Performance
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) | 23.79 | 45.96 | 35.99 | 225.30 | 69.62 | 29.48 | 21.54 | 4.98 |
| GDXJ (Market Price) | 25.87 | 46.04 | 37.27 | 227.98 | 69.61 | 29.81 | 21.49 | 5.01 |
| MVGDXJTR (Index) | 22.07 | 46.31 | 35.76 | 229.65 | 70.88 | 30.25 | 22.03 | 5.40 |
| Performance Differential (NAV - Index) | 1.72 | -0.35 | 0.23 | -4.35 | -1.26 | -0.77 | -0.49 | -0.42 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 11/10/09 |
|
|---|---|---|---|---|---|---|---|---|
| GDXJ (NAV) | 7.33 | 18.22 | 173.25 | 173.25 | 50.14 | 17.86 | 21.35 | 3.05 |
| GDXJ (Share Price) | 6.39 | 17.40 | 171.95 | 171.95 | 49.91 | 17.77 | 21.31 | 3.01 |
| MVGDXJTR (Index) | 7.77 | 18.85 | 176.50 | 176.50 | 51.46 | 18.67 | 21.87 | 3.48 |
| Performance Differential (NAV - Index) | -0.44 | -0.63 | -3.25 | -3.25 | -1.32 | -0.81 | -0.52 | -0.43 |
$-4.34
/
-3.95%
Fees
Holdings
Daily Holdings (%) as of 03/20/2026
Download XLS|
Ticker
|
Holding Name |
% of Net Assets |
Identifier (FIGI)
|
Shares
|
Asset Class |
Market Value (US$) |
Notional Value |
|---|---|---|---|---|---|---|---|
|
CDE |
Coeur Mining Inc | 7.08 |
BBG000BF8TF5 |
32,470,715 |
Stock | 573,757,534 | -- |
|
AGI |
Alamos Gold Inc | 6.92 |
BBG009HT6BL4 |
14,650,111 |
Stock | 560,659,748 | -- |
|
EVN AU |
Evolution Mining Ltd | 6.28 |
BBG000NF2249 |
61,338,729 |
Stock | 508,677,346 | -- |
|
EQX |
Equinox Gold Corp | 6.20 |
BBG004XB7MN9 |
41,887,500 |
Stock | 502,231,125 | -- |
|
EDV LN |
Endeavour Mining Plc | 5.96 |
BBG011DVVYT3 |
9,197,861 |
Stock | 483,295,321 | -- |
|
PE&OLES* MF |
Industrias Penoles Sab De Cv | 2.78 |
BBG000LXSKQ0 |
4,986,113 |
Stock | 225,273,932 | -- |
|
AG |
First Majestic Silver Corp | 2.70 |
BBG000CH7WB8 |
11,973,459 |
Stock | 218,755,096 | -- |
|
HL |
Hecla Mining Co | 2.36 |
BBG000BL5W86 |
11,092,945 |
Stock | 191,242,372 | -- |
|
LUG CN |
Lundin Gold Inc | 2.31 |
BBG000BZYV49 |
2,709,811 |
Stock | 187,376,140 | -- |
|
IAG |
Iamgold Corp | 2.28 |
BBG000LL9LQ5 |
11,485,848 |
Stock | 184,577,577 | -- |
|
OGC CN |
Oceanagold Corp | 2.02 |
BBG000RG1PM3 |
5,527,886 |
Stock | 163,425,451 | -- |
|
1818 HK |
Zhaojin Mining Industry Co Ltd | 1.83 |
BBG000DQ77W9 |
43,838,700 |
Stock | 148,375,222 | -- |
|
HMY |
Harmony Gold Mining Co Ltd | 1.73 |
BBG000BX93G1 |
10,537,746 |
Stock | 140,362,777 | -- |
|
BVN |
Cia De Minas Buenaventura Saa | 1.73 |
BBG000GPXR82 |
4,622,246 |
Stock | 140,007,831 | -- |
|
EGO |
Eldorado Gold Corp | 1.62 |
BBG000BN7277 |
4,186,929 |
Stock | 131,469,571 | -- |
|
DPM CN |
Dundee Precious Metals Inc | 1.54 |
BBG000G9HTM6 |
4,087,111 |
Stock | 124,550,787 | -- |
|
BTG |
B2gold Corp | 1.45 |
BBG000V9KFD5 |
30,023,905 |
Stock | 117,693,708 | -- |
|
GMIN CN |
G Mining Ventures Corp | 1.42 |
BBG01NT389N7 |
4,141,196 |
Stock | 115,252,684 | -- |
|
RMS AU |
Ramelius Resources Ltd | 1.26 |
BBG000PMB297 |
43,637,128 |
Stock | 102,216,866 | -- |
|
SSRM |
Ssr Mining Inc | 1.21 |
BBG000C0RWX9 |
4,280,350 |
Stock | 98,405,247 | -- |
|
OR |
Or Royalties Inc | 1.20 |
BBG006NTSJ78 |
2,952,416 |
Stock | 97,045,914 | -- |
|
ORLA |
Orla Mining Ltd | 1.11 |
BBG00FZBZ5G6 |
6,435,756 |
Stock | 90,293,657 | -- |
|
EMAS IJ |
Merdeka Gold Resources Tbk Pt | 1.11 |
BBG01X4NXCX2 |
163,229,100 |
Stock | 89,669,099 | -- |
|
DSV CN |
Discovery Silver Corp | 1.10 |
BBG000BS3HY7 |
16,567,370 |
Stock | 89,514,225 | -- |
|
ARTG CN |
Artemis Gold Inc | 1.05 |
BBG00PSSBKG8 |
3,587,392 |
Stock | 85,132,968 | -- |
|
ARMN |
Aris Mining Corp | 1.01 |
BBG000K0VQL1 |
5,101,721 |
Stock | 82,188,725 | -- |
|
GGP AU |
Greatland Resources Ltd | 0.99 |
BBG01V7BTM08 |
12,033,257 |
Stock | 80,284,271 | -- |
|
TXG CN |
Torex Gold Resources Inc | 0.97 |
BBG000BSWRQ2 |
1,966,534 |
Stock | 78,343,461 | -- |
|
PRU AU |
Perseus Mining Ltd | 0.96 |
BBG000Q68231 |
24,163,896 |
Stock | 78,056,753 | -- |
|
KNT CN |
K92 Mining Inc | 0.92 |
BBG0018BVXB5 |
5,012,431 |
Stock | 74,640,802 | -- |
|
CGAU |
Centerra Gold Inc | 0.92 |
BBG000QWM2M7 |
4,692,947 |
Stock | 74,195,492 | -- |
|
GMD AU |
Genesis Minerals Ltd | 0.90 |
BBG000J9HXY1 |
19,513,023 |
Stock | 72,999,518 | -- |
|
BRMS IJ |
Bumi Resources Minerals Tbk Pt | 0.89 |
BBG0018R2541 |
1,909,706,100 |
Stock | 72,111,083 | -- |
|
SKE |
Skeena Resources Ltd | 0.79 |
BBG000FCR8D5 |
2,428,157 |
Stock | 63,787,684 | -- |
|
PAF LN |
Pan African Resources Plc | 0.78 |
BBG000DK30N1 |
37,876,743 |
Stock | 63,444,988 | -- |
|
MAU CN |
Montage Gold Corp | 0.78 |
BBG00XKLZFZ8 |
6,903,514 |
Stock | 63,440,142 | -- |
|
WGX AU |
Westgold Resources Ltd | 0.78 |
BBG000BG27F7 |
17,904,674 |
Stock | 62,939,186 | -- |
|
AUGO |
Aura Minerals Inc | 0.77 |
BBG000QCHWC2 |
1,025,599 |
Stock | 62,633,331 | -- |
|
AAUC CN |
Allied Gold Corp | 0.77 |
BBG01J3PPY06 |
2,000,000 |
Stock | 62,185,975 | -- |
|
EXK |
Endeavour Silver Corp | 0.75 |
BBG000K2HB18 |
7,418,909 |
Stock | 61,131,810 | -- |
|
TFPM |
Triple Flag Precious Metals Corp | 0.73 |
BBG012PP0X53 |
1,929,340 |
Stock | 58,941,337 | -- |
|
RRL AU |
Regis Resources Ltd | 0.71 |
BBG000BLX2J9 |
13,945,796 |
Stock | 57,422,584 | -- |
|
WDO CN |
Wesdome Gold Mines Ltd/Canada | 0.71 |
BBG000DKQDS3 |
3,612,353 |
Stock | 57,316,808 | -- |
|
CMM AU |
Capricorn Metals Ltd | 0.70 |
BBG000C0X7Y6 |
8,411,076 |
Stock | 56,802,389 | -- |
|
HOC LN |
Hochschild Mining Plc | 0.69 |
BBG000Q49X82 |
7,826,702 |
Stock | 56,026,034 | -- |
|
FSM |
Fortuna Silver Mines Inc | 0.69 |
BBG000LDZ482 |
6,517,988 |
Stock | 55,859,157 | -- |
|
PPTA |
Perpetua Resources Corp | 0.69 |
BBG0024TXN82 |
2,227,241 |
Stock | 55,658,753 | -- |
|
VAU AU |
Vault Minerals Ltd | 0.68 |
BBG000H39TV7 |
21,417,217 |
Stock | 55,414,818 | -- |
|
SVM |
Silvercorp Metals Inc | 0.66 |
BBG000CY5S22 |
5,894,376 |
Stock | 53,815,653 | -- |
|
SA |
Seabridge Gold Inc | 0.62 |
BBG000JYQX30 |
2,058,604 |
Stock | 50,291,696 | -- |
|
NG |
Novagold Resources Inc | 0.62 |
BBG000D25424 |
6,439,100 |
Stock | 49,903,025 | -- |
|
3939 HK |
Wanguo Gold Group Ltd | 0.61 |
BBG0035C8R30 |
34,252,500 |
Stock | 49,079,760 | -- |
|
HYMC |
Hycroft Mining Holding Corp | 0.53 |
BBG00JSBZPQ1 |
1,433,570 |
Stock | 43,020,002 | -- |
|
EMR AU |
Emerald Resources Nl | 0.52 |
BBG000BRL4C2 |
12,871,074 |
Stock | 42,478,753 | -- |
|
WAF AU |
West African Resources Ltd | 0.51 |
BBG000R17C94 |
21,037,490 |
Stock | 41,397,630 | -- |
|
AYA CN |
Aya Gold & Silver Inc | 0.49 |
BBG000FTVZM3 |
3,128,865 |
Stock | 39,438,326 | -- |
|
USAS |
Americas Gold & Silver Corp | 0.45 |
BBG000CG1PT2 |
6,756,142 |
Stock | 36,358,948 | -- |
|
SXGC CN |
Southern Cross Gold Consolidated Ltd | 0.43 |
BBG000QDJSV6 |
6,151,295 |
Stock | 34,713,854 | -- |
|
RSG AU |
Resolute Mining Ltd | 0.40 |
BBG000BT9RX8 |
37,081,426 |
Stock | 32,808,122 | -- |
|
SGD CN |
Snowline Gold Corp | 0.37 |
BBG00MGTPYX2 |
3,199,928 |
Stock | 30,221,413 | -- |
|
OBM AU |
Ora Banda Mining Ltd | 0.36 |
BBG000N3DGM3 |
36,446,469 |
Stock | 28,814,117 | -- |
|
ABRA CN |
Abrasilver Resource Corp | 0.35 |
BBG000BF71G6 |
3,928,359 |
Stock | 28,462,224 | -- |
|
CYL AU |
Catalyst Metals Ltd | 0.34 |
BBG000PP0V25 |
6,262,696 |
Stock | 27,595,635 | -- |
|
KOZAL TI |
Koza Altin Isletmeleri As | 0.33 |
BBG000V2H0F5 |
25,709,844 |
Stock | 26,869,549 | -- |
|
VZLA |
Vizsla Silver Corp | 0.32 |
BBG00QQ0VMJ0 |
8,673,589 |
Stock | 26,020,767 | -- |
|
MUX |
Mcewen Mining Inc | 0.31 |
BBG000BW6CN8 |
1,343,475 |
Stock | 24,867,722 | -- |
|
KCN AU |
Kingsgate Consolidated Ltd | 0.31 |
BBG000BHSQT0 |
7,132,674 |
Stock | 24,854,655 | -- |
|
6693 HK |
Chifeng Jilong Gold Mining Co Ltd | 0.30 |
BBG01SCB35R5 |
4,964,000 |
Stock | 24,426,840 | -- |
|
IAUX |
I-80 Gold Corp | 0.30 |
BBG0108B6SW2 |
18,839,056 |
Stock | 23,925,601 | -- |
|
ASM |
Avino Silver & Gold Mines Ltd | 0.29 |
BBG000BMTLV6 |
4,452,759 |
Stock | 23,822,261 | -- |
|
BGL AU |
Bellevue Gold Ltd | 0.29 |
BBG000K5PKD9 |
26,084,291 |
Stock | 23,489,011 | -- |
|
340 HK |
Tongguan Gold Group Ltd | 0.29 |
BBG000BRMS47 |
62,402,000 |
Stock | 23,170,415 | -- |
|
DTR AU |
Dateline Resources Ltd | 0.28 |
BBG001NV3TZ8 |
73,905,023 |
Stock | 22,898,717 | -- |
|
ALK AU |
Alkane Resources Ltd | 0.28 |
BBG000BRN1P2 |
21,878,661 |
Stock | 22,681,441 | -- |
|
DRD |
Drdgold Ltd | 0.25 |
BBG000BX8QF2 |
787,138 |
Stock | 20,575,787 | -- |
|
GGD CN |
Gogold Resources Inc | 0.24 |
BBG000PYQ5N2 |
11,568,164 |
Stock | 19,458,573 | -- |
|
PDI AU |
Predictive Discovery Ltd | 0.24 |
BBG0017X3YM5 |
36,577,079 |
Stock | 19,157,542 | -- |
|
ORE CN |
Orezone Gold Corp | 0.21 |
BBG000KSTFS0 |
11,997,717 |
Stock | 17,123,371 | -- |
|
KOZAA TI |
Koza Anadolu Metal Madencilik Isletmele | 0.20 |
BBG000PJ0TX0 |
4,984,843 |
Stock | 16,160,040 | -- |
|
CNL CN |
Collective Mining Ltd | 0.19 |
BBG00LZFKFH7 |
1,086,930 |
Stock | 15,291,260 | -- |
|
ODV |
Osisko Development Corp | 0.18 |
BBG000RHKK96 |
5,284,359 |
Stock | 14,954,736 | -- |
|
DC |
Dakota Gold Corp | 0.18 |
BBG0120W17D2 |
3,223,806 |
Stock | 14,636,079 | -- |
|
GROY |
Gold Royalty Corp | 0.18 |
BBG00ZGH4798 |
4,590,713 |
Stock | 14,460,746 | -- |
|
GTWO CN |
G2 Goldfields Inc | 0.18 |
BBG001730W02 |
4,068,847 |
Stock | 14,369,699 | -- |
|
.GTWO CN |
G2 Goldfields Inc | 0.18 |
BBG018KP1074 |
4,068,847 |
Stock | 14,369,699 | -- |
|
PNR AU |
Pantoro Gold Ltd | 0.17 |
BBG000BWC1X4 |
5,891,655 |
Stock | 13,531,711 | -- |
|
MTA |
Metalla Royalty & Streaming Ltd | 0.16 |
BBG000HM5YW7 |
1,913,739 |
Stock | 12,936,876 | -- |
|
BC8 AU |
Black Cat Syndicate Ltd | 0.15 |
BBG00JCLXFT7 |
16,910,860 |
Stock | 12,007,180 | -- |
|
ITRG |
Integra Resources Corp | 0.14 |
BBG00JF74W47 |
4,248,451 |
Stock | 11,003,488 | -- |
|
SBM AU |
St Barbara Ltd | 0.13 |
BBG000BS4GC2 |
25,831,865 |
Stock | 10,126,479 | -- |
|
ARCI IJ |
Archi Indonesia Tbk Pt | 0.12 |
BBG007J35546 |
110,086,600 |
Stock | 9,727,205 | -- |
|
IDR |
Idaho Strategic Resources Inc | 0.11 |
BBG000JLVQT9 |
341,256 |
Stock | 9,121,773 | -- |
|
NFG CN |
New Found Gold Corp | 0.11 |
BBG00JFFSNM3 |
4,637,479 |
Stock | 8,779,906 | -- |
|
GAU |
Galiano Gold Inc | 0.11 |
BBG000R11130 |
4,021,655 |
Stock | 8,767,208 | -- |
|
CNMC SP |
Cnmc Goldmine Holdings Ltd | 0.10 |
-- |
7,247,600 |
Stock | 8,455,684 | -- |
|
8299 HK |
Gt Gold Holdings Ltd | 0.10 |
BBG000F66V31 |
117,504,000 |
Stock | 8,359,544 | -- |
|
MEK AU |
Meeka Metals Ltd | 0.10 |
BBG000D2X3G0 |
74,695,346 |
Stock | 8,050,504 | -- |
|
CMCL |
Caledonia Mining Corp Plc | 0.10 |
BBG000CQHQS2 |
370,788 |
Stock | 7,949,695 | -- |
|
CTGO |
Contango Ore Inc | 0.09 |
BBG0016YSLB7 |
404,070 |
Stock | 6,950,004 | -- |
|
WRLG CN |
West Red Lake Gold Mines Ltd | 0.08 |
BBG000BS4G41 |
9,405,452 |
Stock | 6,780,308 | -- |
|
APM CN |
Andean Precious Metals Corp | 0.08 |
BBG00N7WY5Y5 |
1,559,243 |
Stock | 6,415,003 | -- |
|
GLDG |
Goldmining Inc | 0.08 |
BBG001V9NSN1 |
5,705,254 |
Stock | 6,218,727 | -- |
|
VOXR |
Vox Royalty Corp | 0.07 |
BBG00WC769H6 |
1,224,815 |
Stock | 5,977,097 | -- |
|
AZY AU |
Antipa Minerals Ltd | 0.07 |
BBG0018LV4J9 |
14,326,694 |
Stock | 5,667,579 | -- |
|
LUCA CN |
Luca Mining Corp | 0.07 |
BBG000CXXF85 |
5,970,472 |
Stock | 5,521,371 | -- |
|
AMI AU |
Aurelia Metals Ltd | 0.07 |
BBG000R5D3F1 |
32,977,965 |
Stock | 5,301,044 | -- |
|
FDR CN |
Founders Metals Inc | 0.06 |
BBG00ZHQRKP5 |
1,883,625 |
Stock | 5,047,506 | -- |
|
ASL AU |
Andean Silver Ltd | 0.06 |
BBG012946VG4 |
4,200,351 |
Stock | 4,877,891 | -- |
|
USAU |
Us Gold Corp | 0.06 |
BBG000H95997 |
343,529 |
Stock | 4,848,648 | -- |
|
NFGC |
New Found Gold Corp | 0.04 |
BBG00XCCY919 |
1,901,357 |
Stock | 3,404,450 | -- |
|
FFX AU |
Firefinch Ltd | 0.03 |
BBG000Q3DTC3 |
54,133,739 |
Stock | 2,314,958 | -- |
|
PSAB IJ |
J Resources Asia Pasific Tbk Pt | 0.03 |
BBG000NVZ1F8 |
72,144,100 |
Stock | 2,116,455 | -- |
|
AAUC |
Allied Gold Corp | 0.00 |
BBG01K0WWT59 |
5,210 |
Stock | 159,474 | -- |
|
FMR CN |
Future Mineral Resources Inc | 0.00 |
BBG006YGFKF6 |
168,999 |
Stock | 34,457 | -- |
|
NIX CN |
Archer Exploration Corp | 0.00 |
BBG00Z72DBM7 |
179,304 |
Stock | 30,683 | -- |
|
VGCX CN |
Victoria Gold Corp/Vancouver | 0.00 |
BBG000BD0132 |
1,722,275 |
Stock | 1 | -- |
|
ASM AU |
Australian Strategic Materials Ltd | 0.00 |
BBG00BN4ZM13 |
1 |
Stock | 1 | -- |
|
-USD CASH- |
9.79 |
-- |
793,554,289 |
Cash Bal | 793,554,289 | -- | |
|
-TRY CASH- |
0.00 |
-- |
0 |
Cash Bal | 0 | -- | |
|
-BRL CASH- |
0.00 |
-- |
-672 |
Cash Bal | -127 | -- | |
|
-AUD CASH- |
0.00 |
-- |
838 |
Cash Bal | 590 | -- | |
|
-- |
Other/Cash | -9.90 |
-- |
0 |
Cash | -801,824,670 | -- |
Portfolio
Sector Weightings (%) as at 02/28/2026
-
Sector
% of Net Assets -
Materials
99.87 -
Other/Cash
0.13
Country Weightings (%) as at 02/28/2026
-
Country
% of Net Assets -
Canada
48.50 -
United States
16.03 -
Australia
13.98 -
Mexico
4.16 -
United Kingdom
3.34 -
Burkina Faso
2.71 -
China
2.46 -
Peru
2.44 -
South Africa
2.31 -
Turkey
2.11 -
Indonesia
1.01 -
Colombia
0.83 -
Other/Cash
0.13
Distributions
Yields as of 03/20/2026
Annual
-0.08%
2.51%
2.51%
Distribution History
| Year | Ex-date |
Record Date |
Payable date |
Dividend Income‡ |
Short-Term Capital Gains |
Long-Term Capital Gains |
Return of Capital |
Total Distributions |
|---|---|---|---|---|---|---|---|---|
| 2025 | 12/22/2025 | 12/22/2025 | 12/26/2025 | $ 2.6494 | -- | -- | -- | $ 2.65 |
| 2024 | 12/23/2024 | 12/23/2024 | 12/24/2024 | $ 1.1144 | -- | -- | -- | $ 1.11 |
| 2023 | 12/18/2023 | 12/19/2023 | 12/22/2023 | $ 0.2736 | -- | -- | -- | $ 0.27 |
| 2022 | 12/19/2022 | 12/20/2022 | 12/23/2022 | $ 0.1825 | -- | -- | -- | $ 0.18 |
| 2021 | 12/20/2021 | 12/21/2021 | 12/27/2021 | $ 0.7454 | -- | -- | -- | $ 0.75 |
| 2020 | 12/21/2020 | 12/22/2020 | 12/28/2020 | $ 0.8554 | -- | -- | -- | $ 0.86 |
| 2019 | 12/23/2019 | 12/24/2019 | 12/30/2019 | $ 0.1638 | -- | -- | -- | $ 0.16 |
| 2018 | 12/20/2018 | 12/21/2018 | 12/27/2018 | $ 0.1360 | -- | -- | -- | $ 0.14 |
| 2017 | 12/18/2017 | 12/19/2017 | 12/22/2017 | $ 0.0110 | -- | -- | -- | $ 0.01 |
| 2016 | 12/19/2016 | 12/21/2016 | 12/23/2016 | $ 1.5070 | -- | -- | -- | $ 1.51 |
| 2015 | 12/21/2015 | 12/23/2015 | 12/28/2015 | $ 0.1390 | -- | -- | -- | $ 0.14 |
| 2014 | 12/22/2014 | 12/24/2014 | 12/29/2014 | $ 0.1780 | -- | -- | -- | $ 0.18 |
| 2013 | 12/23/2013 | 12/26/2013 | 12/30/2013 | -- | -- | -- | -- | $ 0.00 |
| 2012 | 12/24/2012 | 12/27/2012 | 12/31/2012 | $ 3.0000 | -- | -- | -- | $ 3.00 |
| 2011 | 12/23/2011 | 12/28/2011 | 12/30/2011 | $ 4.8480 | $ 0.1000 | $ 1.3960 | -- | $ 6.34 |
| 2010 | 12/23/2010 | 12/28/2010 | 12/30/2010 | $ 11.7160 | -- | -- | -- | $ 11.72 |
| 2009 | 12/23/2009 | 12/28/2009 | 12/30/2009 | -- | -- | -- | -- | $ 0.00 |
‡All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.
Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.
The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.