VanEck Gold Miners ETF (GDX)
| Assets | $13.28B |
| Expense Ratio | 0.51% |
| PE Ratio | 26.08 |
| Shares Out | n/a |
| Dividend (ttm) | $0.50 |
| Dividend Yield | 1.61% |
| Ex-Dividend Date | Dec 18, 2023 |
| Payout Ratio | 42.06% |
| 1-Year Return | +7.60% |
| Volume | 18,914,283 |
| Open | 31.00 |
| Previous Close | 31.17 |
| Day's Range | 30.68 - 31.16 |
| 52-Week Low | 25.62 |
| 52-Week High | 36.26 |
| Beta | n/a |
| Holdings | 55 |
| Inception Date | May 22, 2006 |
About GDX
Fund Home PageThe VanEck Gold Miners ETF (GDX) is an exchange-traded fund that is based on the NYSE Arca Gold Miners index, a market-cap-weighted index of global gold-mining firms. GDX was launched on May 22, 2006 and is issued by VanEck.
Top 10 Holdings
63.74% of assets| Name | Symbol | Weight |
|---|---|---|
| Newmont Corporation | NEM | 14.15% |
| Barrick Gold Corporation | ABX | 9.39% |
| Agnico Eagle Mines Limited | AEM | 8.02% |
| Wheaton Precious Metals Corp. | WPM | 6.62% |
| Franco-Nevada Corporation | FNV | 6.26% |
| Gold Fields Ltd ADR | EDG.DE | 4.72% |
| Northern Star Resources Ltd | NST.AX | 4.34% |
| Zijin Mining Group Co Ltd Class H | 2899.HK | 3.73% |
| AngloGold Ashanti Limited | AU | 3.26% |
| Royal Gold, Inc. | RGLD | 3.26% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2023 | $0.5001 | Dec 22, 2023 |
| Dec 19, 2022 | $0.4762 | Dec 23, 2022 |
| Dec 20, 2021 | $0.5348 | Dec 27, 2021 |
| Dec 21, 2020 | $0.1899 | Dec 28, 2020 |
| Dec 23, 2019 | $0.1905 | Dec 30, 2019 |
| Dec 20, 2018 | $0.105 | Dec 27, 2018 |
News
Why Gold Miners ETFs Can Shine in 2024
Gold's recent ascent to record highs is having the predictable though still important impact of lifting shares of the companies that mine the yellow metal. For example, the VanEck Gold Miners ETF (GDX...
Gold's move up is a commentary on the U.S. Dollar, says Strategas' Chris Verrone
Chris Verrone, Strategas, talks with the 'Fast Money' traders about gold, silver and copper prices climbing and what it says about the market.
2 Gold Miner Funds to Consider for 2024
Throughout most of the fourth quarter of 2023, physical gold has performed the best it has all year. According to Kitco in the last thirty days, the precious metal has seen its price increase by nearl...
3 Different Ways to Get Exposure to Gold in 2024
In early October, gold was valued at around $1,820 according to Kitco. That is fairly close to its low for the calendar year.
How to Find the Best Gold Stocks
Buying gold stocks is an easier way for investors to gain exposure to the precious metal, but not all are created equal. Here's how you find the best ones.
Gold's rally has nearly run its course
Two months ago in this space, when gold was trading for less than $1,850 an ounce, I reported that, according to contrarian analysis, “gold and gold mining stocks are once again poised for a significa...
Gold's Q4 Rally Continues, Experts Calling for an Even Better 2024
The fourth quarter has seen a strong performance from gold. In early October, the price of gold stood at $1,820 per ounce, according to Kitco, and looked as if it would continue to drop in value as it...
Gold Miners' Balance Sheets Look Sturdy
Gold is enjoying a solid though not spectacular performance in 2023. And that's matriculated to bullion-backed exchange traded funds, the largest of which is higher by 5.8% year-to-date.
Final Trade: Cisco, Nvidia, Microsoft, Gold Miners ETF
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Gold-Related ETFs Are Outperforming the S&P 500
In the past month, the price of gold experienced a significant rally following a steep decline in late September into early October. The precious metal saw an increase of more than 9% during the last ...
Was October the Month of Gold?
In October, the price of gold rose significantly. On the first of the month, the value of the precious metal was around $1,834 according to Kitco.
Final Trade: GDX, QQQ, GBTC, XLP
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Gold's Price Continues to Move in a Positive Direction
In the month of October, gold's price began to trend upward. This jump in the price of the precious metal comes after consecutive drops in its value since May.
Top Performing ETFs: Gold ETFs Lead Once More
Once again, gold ETFs have earned a place of prominence among the top-performing ETFs. Gold strategies may be picking up interest and returns as a defensive play as uncertainty grows around a 2024 rec...
Invasion of Israel Sparks a Jump in Gold's Price
On Monday, the Wall Street Journal reported that gold's price has begun to swing upward following the tragic events that took place last weekend in Israel. The report also highlighted that “Like the U...
Chart Master: Buy gold for a bounce after recent dip
Carter Worth, Worth Charting, joins the 'Fast Money' traders to talk his playbook for buying gold.
Gold's ‘wall of worry' is strong again
That's how I began my three-months-ago column on gold market timer sentiment, and the forecast is true today as well. The average recommended gold market exposure level among gold timers currently is ...
iShares Gold Trust (IAU), GLD, GDX ETFs outflows are accelerating
Investors are dumping their gold assets as prices continue plunging. The closely watched iShares Gold Trust (IAU) and SPDR Gold Trust (GLD) ETFs have now had outflows in the past four straight months ...
Millennial Investors Like Gold
Last week in the State Street Global Advisors' Gold ETF Impact Study, the firm reported that “Among approximately 1,000 investors surveyed, Millennials have the biggest allocation to gold at 17%, with...
Gaining Leveraged Exposure to Gold
Gold has long been an asset class that investors have turned to during times of economic uncertainty. However, in State Street Global Advisors' recent Gold ETF Impact Study, the firm reported that “36...
Gold Exposure a Common Choice in Uncertain Times
For most of this year, the financial world has dealt with high levels of uncertainty. This has come from several different areas, including inflation.
Natural Resources and Commodities: Invest Resourcefully
The rationale for investing in natural resource equities and commodities has stayed consistent: to enhance portfolio diversification, access global growth and hedge against inflation. The sharp econom...
Gold Miners' Cash Flow Prospects Look Attractive
As of Wednesday, gold is on an eight-day losing streak, its longest such skid in six years. Not surprisingly, gold miners are feeling the pain, too.