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VanEck Vectors Gold Miners ETF GDX

Fund description: GDX gives investors exposure to a diversified portfolio of companies involved in the gold mining industry. GDX aims to provide investment returns before fees and other costs which track the performance of the Index.

Index description: The NYSE Arca Gold Miners Index (AUD) is a modified market capitalisation-weighted index and provides exposure to publicly traded companies worldwide involved primarily in gold mining, representing a diversified blend of small-, mid- and large-capitalisation stocks.

Management style: Replication

Country of domicile: Australia

  as at 25-Nov-20

  • Exchange

    ASX
  • ASX code

    GDX
  • Bloomberg index code

    GDMAUDNR
  • Index provider

    ICE Data Indices, LLC
  • NAV1

    $46.10
  • Units outstanding1

    7,783,071
  • Net assets1

    $358.8M
  • Number of holdings

    52
  • NYSE commencement

    16-May-06
  • ASX commencement

    26-Jun-15

1As of the close of the previous trading day.

 

as at 25-Nov-20

The NAV is generally calculated daily after all markets are closed for that day based on the closing price of the securities on the relevant foreign stock exchange. The NAV is then converted to AUD based on the relevant London WM Reuters 4pm exchange rate. This means, due to Australia’s time zone, that the NAV will generally not be updated until around 3pm next business day.

Key points

Underlying Index: NYSE Arca Gold Miners Index (AUD)

The Index comprises:

Publicly traded companies involved in the gold mining industry.

Companies eligible for inclusion in Index:

  • Listed on a recognised exchange
  • Market capitalisation greater than $750 million
  • Average daily volume of at least 50,000 shares
  • Average daily value traded of at least $1 million

Index provider:

ICE Data Indices, LLC. The Index provider is not a related body corporate of VanEck Investments Limited. 

Index profile  

  • Bloomberg index code

    GDMAUDNR
  • Base date

    01-Oct-04
  • Rebalance frequency

    Quarterly

Top ten index constituents (%) as at 31-Oct-20

Total constituents: 52
Constituent name
Ticker
Weightings (%)
NEWMONT MINING CORP
NEM US
12.36
BARRICK GOLD CORP
ABX US
11.64
FRANCO-NEVADA CORP
FNV US
6.37
AGNICO-EAGLE MINES LTD
AEM US
5.31
WHEATON PRECIOUS METALS CORP
WPM US
5.06
NEWCREST MINING LTD
NCM AU
4.97
KIRKLAND LAKE GOLD LTD
KL CN
4.29
KINROSS GOLD CORP
KGC US
3.52
GOLD FIELDS LTD-SPONS ADR
GFI US
3.39
ANGLOGOLD ASHANTI-SPON ADR
AU US
3.39
Top ten total (%) 60.30
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index country weightings (%) as of 31-Oct-20

  • Country

    Weightings (%)
  • Canada

    56.4
  • United States

    16.5
  • Australia

    14.5
  • South Africa

    8.2
  • China

    2.6
  • Peru

    1.1
  • Egypt

    0.7
  • Total

    100.0

Index sector weightings (%) as at 31-Oct-20

  • Sector

    Weightings (%)
  • Materials

    100.0
  • Total

    100.0

NYSE Arca Gold Miners Index® (‘GDMNTR’), a trademark of NYSE Group Inc. or its affiliates (‘NYSE’), is licensed for use by VanEck in connection with GDX. GDX is not sponsored, endorsed, sold or promoted by NYSE and NYSE makes no representation as to the accuracy and/or completeness of GDMNTR or results to be obtained by any person from using GDMNTR in connection with trading GDX.