Investment Objective
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index.
The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts ("ADRs") of companies involved in the gold mining industry. Such companies may include medium-capitalization companies and foreign issuers. As of December 31, 2012, the Gold Miners Index included 29 securities of companies with a market capitalization range of between approximately $209 million and $35.0 billion and a weighted average market capitalization of $14.5 billion. It is non-diversified.
Latest GDX News
Performance
| 1 month | -1.92% | | 3 years | -15.33% |
| 3 months | -25.19% | | 5 years | -10.12% |
| 1 year | -31.97% | | Since inception | -4.28% |
Quote Details
| Previous close | $28.02 |
| Open day’s range | 26.86 – 27.77 |
| Net asset value (NAV) | 28.03 (05/20/2013) |
| Daily volume | 24,491,247 |
| Average volume (3 months) | 22,150,166 |
Data as of 4:00pm ET, 05/21/2013
Peer Comparisonvs. Equity precious metals ETFs
| | GDX | Category |
|---|
| Performance 5-yr return | -10.12% | -4.11% |
| Expense Gross exp ratio | 0.52% | 0.59% |
| Risk 5 year sharpe ratio | 0.04 | 0.04 |
| Net assets | $6.0B | $798.8M |
| Average market cap | $6.5B | $3.9B |
| Average P/E | 11.7 | 11.7 |
| Dividend / Share | -- | 0.38% |
Competitors
| SIL Global X Silver Miners ETF |
| GDXJ Market Vectors Junior Gold Miners ETF |
| PLTM First Trust ISE Global Platinum Index |
Holdings
Top 5 Sectors
Portfolio weighting
Top 10 Holdings
Portfolio weighting
| -- Goldcorp, Inc. | 11.76% |
| -- Barrick Gold Corporation | 9.60% |
| NEM Newmont Mining Corporation | 8.10% |
| GOLD Randgold Resources Ltd ADR | 5.52% |
| GFI Gold Fields Ltd ADR | 5.18% |
| -- Yamana Gold Inc | 5.07% |
| -- Silver Wheaton Corporation | 4.91% |
| AU Anglogold Ashanti Limited ADR | 4.86% |
| BVN Buenaventura Mining Company Inc. ADR | 4.63% |
| -- Agnico Eagle Mines Ltd | 4.52% |
-0.70 / -2.50%
+0.03 / +0.11%
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