MVAU GDX SQUARE_New

VanEck Blog & Insights

VanEck Vectors Gold Miners ETF GDX

Fund description: The VanEck Vectors Gold Miners ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index (GDMNTR). The Index is intended to track the overall performance of companies involved in the gold mining industry.

Index description: GDMNTR 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

  as at 22-Jul-19

  • Exchange

    ASX
  • ASX code

    GDX
  • Bloomberg index code

    GDMNTR
  • Index provider

    ICE Data Indices, LLC
  • NAV1

    $39.94
  • Shares outstanding1

    401,402,500
  • Net assets1

    $16.0B
  • Number of holdings

    44
  • NYSE commencement

    16-May-06
  • ASX commencement

    26-Jun-15

1Calculated daily after the NYSE has closed for that day. The NAV is calculated based on the US dollar and then converted to Australian dollars based on the relevant London WM Reuters 4pm exchange rate. This information is generally not updated until around 9am next business day. 

 

as at 22-Jul-19

Key Points

Nation's First Gold Shares ETF
A sector that has historically provided a hedge against extreme volatility in general financial markets
Pure Play with Global Scope
Index constituents must be primarily involved in the mining for gold
Comprehensive Portfolio
A range of small, mid-sized, and large global gold mining companies

Potential for Income and Possible Tax Advantages
Versus bullion investments

Trading information

  • ASX code

    GDX
  • IRESS code

    GDX.AXW
  • Shares outstanding

    401,402,500
  • ISIN

    AU000000GDX6

Fees and other costs  

  • Management costs p.a.

    0.53%

Prices as at  22-Jul-19

NAV/
Last trade
Volume:
30-day avg/
Previous day
Daily change: NAV/
Last trade
YTD change:
NAV/
Last trade
Premium/
Discount
Premium/
Discount
Distribution charts
NAV &
Premium /Discount
History
NAV
Chart
GDX $39.94
$40.36
32,146
108,563
$0.31 / +0.78%
$0.50 / +1.25%
+33.41%
+34.83%
$0.42
+1.06%

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 17.41 15.71 22.03 21.17 -0.62 5.46 -2.45 -2.62
Income return 0.00 0.00 0.00 0.61 0.51 0.64 0.61 0.60
Total return 17.41 15.71 22.03 21.78 -0.11 6.10 -1.84 -2.02
Index (GDMNTR) 17.56 15.74 22.21 22.16 0.29 6.46 -1.42 -1.57
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 17.41 15.71 22.03 21.17 -0.62 5.46 -2.45 -2.62
Income return 0.00 0.00 0.00 0.61 0.51 0.64 0.61 0.60
Total return 17.41 15.71 22.03 21.78 -0.11 6.10 -1.84 -2.02
Index (GDMNTR) 17.56 15.74 22.21 22.16 0.29 6.46 -1.42 -1.57

Top ten holdings (%) View all daily holdings » as at 30-Jun-19

No. of holdings: 44
Holding name
Ticker
No. of securities held Market value
(US$)
% of Net
assets(US$)
NEWMONT GOLDCORP CORP
NEM US
32,665,605 1,256,645,824 11.92
BARRICK GOLD CORP
GOLD US
69,799,936 1,100,744,991 10.44
NEWCREST MINING
NCM AU
30,629,024 687,824,447 6.52
FRANCO-NEVADA CORP
FNV US
7,461,821 633,359,366 6.01
AGNICO-EAGLE MINES LTD
AEM US
10,372,077 531,465,225 5.04
WHEATON PRECIOUS METALS CORP
WPM US
20,888,911 505,093,868 4.79
KIRKLAND LAKE GOLD LTD
KL CN
11,286,816 487,317,512 4.62
ANGLOGOLD ASHANTI-SPON ADR
AU US
25,804,488 459,577,931 4.36
ROYAL GOLD INC
RGLD US
4,081,103 418,272,246 3.97
NORTHERN STAR RESOURCES LTD
NST AU
39,838,945 326,692,243 3.10
Top ten total (%) 60.77
These are not recommendations to buy or to sell any security.

Country weightings (%) as at 30-Jun-19

  • Country

    Weightings (%)
  • CANADA

    50.0
  • UNITED STATES

    17.5
  • AUSTRALIA

    17.3
  • SOUTH AFRICA

    7.7
  • PERU

    2.7
  • CHINA

    2.1
  • MONACO

    1.0
  • UNITED KINGDOM

    1.0
  • RUSSIA

    0.6
  • Other/Cash

    0.0
  • Total

    99.9

Sector weightings (%) as at 30-Jun-19

  • Sector

    Weightings (%)
  • Materials

    100.0
  • Other/Cash

    0.0
  • Total

    100.0