VanEck Gold Miners ETF (GDX)

28.16
Delayed Data
As of Jul 01
 +0.78 / +2.85%
Today’s Change
26.83
Today|||52-Week Range
41.61
-12.08%
Year-to-Date

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 depositary receipts of companies involved in the gold mining industry. The index is a modified market-capitalization weighted index primarily comprised of publicly traded companies involved in the mining for gold and silver. The fund is non-diversified.

Are Gold Stocks a Hedge Against Falling Share Prices?
Jun 30 / GuruFocus News - Paid Partner Content
 

Performance

1 month-12.06% 3 years+5.16%
3 months-28.81% 5 years+5.84%
1 year-15.87% Since inception-1.45%
Data through 07/02/2022

Quote Details

Previous close$27.38
Open day’s range26.84 – 28.36
Net asset value (NAV)28.07 (07/01/2022)
Daily volume30,977,663
Average volume (3 months)24,681,895
Data as of 4:00pm ET, 07/01/2022

Peer Comparisonvs. Equity precious metals ETFs

 GDXCategory
Performance 5-yr return+5.84%+9.62%
Expense Gross exp ratio0.51%1.16%
Risk 5 year sharpe ratio0.350.32
Net assets$12.6B$1.1B
Average market cap$11.8B$5.1B
Average P/E19.414.4
Dividend / Share--0.67%

Competitors

PICK iShares MSCI Global Metals & Mining Prod...
REMX VanEck Rare Earth/Strategic Metals ETF
SGDJ Sprott Junior Gold Miners ETF

Holdings

Top 5 Sectors
Portfolio weighting
Industrial materials 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
NEM Newmont Corporation15.94%
-- 10.81%
-- 8.05%
-- 7.14%
-- 5.52%
-- 4.85%
-- 3.10%
GFI Gold Fields Ltd3.06%
RGLD Royal Gold Inc2.98%
-- 2.96%