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 22-Jan-21
-
Exchange
ASX -
ASX code
GDX -
Bloomberg index code
GDMAUDNR -
Index provider
ICE Data Indices, LLC -
NAV1
$45.75 -
Units outstanding1
8,053,905 -
Net assets1
$368.5M -
Number of holdings
53 -
NYSE commencement
16-May-06 -
ASX commencement
26-Jun-15
1As of the close of the previous trading day.
as at 22-Jan-21
-
Distribution frequency
1 each year -
Management costs p.a.
0.53% - Investment management team »
- Market Announcements
- GDX Fact Sheet
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 benefits
Access the power of gold miners
Gold mining companies' fortunes are inextricably linked to the price of gold bullion
Portfolio risk management
The gold mining sector has historically benefited during periods of extreme volatility in financial markets and has been used to provide a hedge to inflation
Global diversification
Access a portfolio of global large to mid-sized gold mining companies with one trade on ASX
Trading information
-
ASX code
GDX -
IRESS code
GDX.AXW -
Units outstanding
8,053,905 -
ISIN
AU000000GDX6
Fees and other costs
-
Management costs p.a.
0.53%
Key risks
An investment in the ETF carries risks associated with: ASX trading time differences, financial markets generally, individual company management, industry sectors, foreign currency, country or sector concentration, political, regulatory and tax risks, fund operations and tracking an index. See the PDS for details.
Prices as at 22-Jan-21
Performance history (%) View all ETFs » View all indices »
1 Mth | 3 Mths | 6 Mths | 1 Yr | 3 Yrs p.a. | 5 Yrs p.a. | 10 Yrs p.a. | ETF Inception p.a. | |
---|---|---|---|---|---|---|---|---|
Price return | -0.70 | -14.77 | -12.31 | 11.72 | 16.18 | 19.84 | -2.48 | -0.71 |
Income return | 0.44 | 0.38 | 0.39 | 0.50 | 0.60 | 0.62 | 0.61 | 0.62 |
Total return | -0.26 | -14.39 | -11.92 | 12.22 | 16.78 | 20.46 | -1.87 | -0.09 |
Index (GDMAUDNR) | -0.15 | -14.07 | -11.44 | 12.67 | 17.28 | 21.02 | -1.43 | 0.38 |
1 Mth | 3 Mths | 6 Mths | 1 Yr | 3 Yrs p.a. | 5 Yrs p.a. | 10 Yrs p.a. | ETF Inception p.a. | ||
---|---|---|---|---|---|---|---|---|---|
Price return | -0.70 | -14.77 | -12.31 | 11.72 | 16.18 | 19.84 | -2.48 | -0.71 | |
Income return | 0.44 | 0.38 | 0.39 | 0.50 | 0.60 | 0.62 | 0.61 | 0.62 | |
Total return | -0.26 | -14.39 | -11.92 | 12.22 | 16.78 | 20.46 | -1.87 | -0.09 | |
Index (GDMAUDNR) | -0.15 | -14.07 | -11.44 | 12.67 | 17.28 | 21.02 | -1.43 | 0.38 |
Top ten holdings (%) View all daily holdings » as at 31-Dec-20
Holding name |
Ticker
|
% of Net assets(US$) |
|
---|---|---|---|
NEWMONT CORP |
NEM US
|
12.37 | |
BARRICK GOLD CORP |
GOLD US
|
10.41 | |
FRANCO-NEVADA CORP |
FNV US
|
6.15 | |
WHEATON PRECIOUS METALS CORP |
WPM US
|
4.93 | |
AGNICO EAGLE MINES LTD |
AEM US
|
4.87 | |
NEWCREST MINING LTD |
NCM AU
|
4.75 | |
KIRKLAND LAKE GOLD LTD |
KL CN
|
4.29 | |
ANGLOGOLD ASHANTI LTD |
AU US
|
3.36 | |
KINROSS GOLD CORP |
KGC US
|
3.30 | |
GOLD FIELDS LTD |
GFI US
|
2.92 | |
Top ten total (%) | 57.35 |
These are not recommendations to buy or to sell any security.
Holdings: Holdings data shows the direct investments of the VanEck Vectors Gold Miners ETF (GDX), the underlying US fund into which GDX primarily invests to obtain exposure to the securities in the index. Accordingly the percentage holdings of GDX will vary slightly to those shown above because of its cash positions.
Country weightings (%) as at 31-Dec-20
-
Country
Weightings (%) -
Canada
53.9 -
United States
17.0 -
Australia
14.7 -
South Africa
7.7 -
China
3.4 -
Monaco
1.4 -
Peru
1.1 -
United Kingdom
0.7 -
Other/Cash
0.1 -
Total
100.0
Sector weightings (%) as at 31-Dec-20
-
Sector
Weightings (%) -
Materials
99.9 -
Other/Cash
0.1 -
Total
100.0