Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
VanEck Gold Miners ETF (GDX)
USD73.37
-2.16 (-2.86%)
AMEX USD US Commodities
NAV
USD 75.49
-2.81% vs NAV
as of 2026-07-13
AUM
USD 23.05B
TER
0.51%
Yield (TTM)
0.86%
Distribution
Distributing · Annual
52-week range
51.13 – 115.84
Holdings
70
Issuer
VanEck
About this ETF
The VanEck Gold Miners ETF (GDX) aims to closely track the total return of the MarketVector Global Gold Miners Index (MVGDXTR), mirroring both its price changes and any income generated. This objective is pursued prior to the deduction of any fees or operational expenses. The MVGDXTR index itself serves as a benchmark for the collective performance of companies engaged in the worldwide gold mining industry.
ISIN
US92189F1066
Issuer
VanEck
Domicile
US
Inception
2006-05-16
Asset class
Commodities
Price
Top 10 holdings
| Newmont Corp NEM | 10.61% |
| Agnico Eagle Mines Ltd AEM | 10.08% |
| Barrick Mining Corp B | 7.92% |
| Wheaton Precious Metals Corp WPM | 5.48% |
| Anglogold Ashanti Plc AU | 5.11% |
| Franco-Nevada Corp FNV | 4.81% |
| Kinross Gold Corp KGC | 4.48% |
| Gold Fields Ltd GFI | 4.13% |
| Pan American Silver Corp PAAS | 2.89% |
| Northern Star Resources Ltd NST.AX | 2.82% |
Sector mix
Price chart
USD73.37
-2.16 (-2.86%)
Loading historical data…
Returns
| 1 month | -0.60% |
| 3 months | -26.18% |
| 6 months | -19.85% |
| Year to date | -14.46% |
| 1 year | +41.37% |
| 3 years (ann.) | +36.15% |
| 5 years (ann.) | +16.34% |
| 10 years (ann.) | +10.23% |
Risk profile
| Volatility (1y, ann.) | 47.94% |
| Sharpe (1y) | 0.96 |
| Sharpe (3y) | 1.00 |
| Sortino (1y) | 1.23 |
| Max drawdown (1y) | -36.66% |
| Max drawdown (5y) | -46.51% |
| Max drawdown (full) | -81.28% |
| Beta vs S&P 500 (1y) | 1.76 |
| Correlation vs S&P 500 (1y) | 0.46 |
Technical outlook as of 2026-07-13
Day Score (bias 0-100, not a probability)
28
P(gain) 22 sessions — probability
51%
VaR 95% (daily)
-3.61%
CVaR 95% (daily)
-5.50%
GARCH vol forecast (22d)
3.10%
Market regime (Markov)
Bear
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Top-10 concentration
58.3%
Effective holdings
22
Disclosed positions
70
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Loading map…
Cost vs. peers
GDX
0.51%
Commodities median
0.49%
Cheapest in class IAUM
0.09%
Comparison universe: 234 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2025-12-22 | 2025-12-26 | USD 0.6331 |
| 2024-12-23 | 2024-12-24 | USD 0.4025 |
| 2023-12-18 | 2023-12-22 | USD 0.5001 |
| 2022-12-19 | 2022-12-23 | USD 0.4762 |
| 2021-12-20 | 2021-12-27 | USD 0.5348 |
| 2020-12-21 | 2020-12-28 | USD 0.1899 |
| 2019-12-23 | 2019-12-30 | USD 0.1905 |
| 2018-12-20 | 2018-12-27 | USD 0.1050 |
| 2017-12-18 | 2017-12-22 | USD 0.1760 |
| 2016-12-19 | 2016-12-23 | USD 0.0550 |
| 2015-12-21 | 2015-12-28 | USD 0.1160 |
| 2014-12-22 | 2014-12-29 | USD 0.1210 |
| 2013-12-23 | 2013-12-30 | USD 0.1910 |
| 2012-12-24 | 2012-12-31 | USD 0.4620 |
| 2011-12-23 | — | USD 0.1500 |
| 2010-12-23 | — | USD 0.4010 |
| 2009-12-23 | — | USD 0.1110 |
| 2007-12-24 | — | USD 0.7450 |
| 2006-12-21 | — | USD 0.1150 |
ESG profile
Derived from holdings
covers 24.1% of the portfolio by weight
(8 scored constituents)
Environmental
63.0
class avg 62.6
Social
66.8
class avg 62.4
Governance
76.2
class avg 66.2
Total ESG
68.6
class avg 63.7
Benchmark: average of 10 funds of the same asset class with derived ESG data.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| iShares Physical Gold ETC IGLN.L | 0.12% | 34.05B | — | +19.74% | 0.81 |
| iShares Physical Gold ETC SGLN.L | 0.12% | 34.05B | — | +20.53% | 0.89 |
| iShares Physical Gold ETC EGLN.L | 0.12% | 34.02B | — | +22.90% | 0.96 |
| iShares Physical Gold ETC PPFB.SG | 0.12% | 34.02B | — | +22.86% | 0.97 |
| iShares Silver Trust SLV | 0.50% | 28.37B | — | +54.55% | 1.04 |
| Amundi Physical Gold ETC C GLDA.L | 0.12% | 10.84B | — | +20.49% | 0.88 |
| Amundi Physical Gold ETC C GOLD.PA | 0.12% | 10.83B | — | +22.36% | 0.94 |
| Amundi Physical Gold ETC C GOLD-EUR.PA | 0.12% | 10.83B | — | +22.14% | 0.93 |
| VanEck Junior Gold Miners ETF GDXJ | 0.52% | 7.11B | 2.78% | +41.29% | 0.92 |
| iShares Gold Trust Micro IAUM | 0.09% | 6.41B | — | +20.30% | 0.81 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| iShares Gold Trust Micro IAUM | 0.09% | 6.41B | 0.0% |
| Xtrackers IE Physical Gold ETC XGDU.DE | 0.11% | 6.14B | 0.0% |
| Xtrackers IE Physical Gold ETC Securities XGDU.L | 0.11% | 6.14B | 0.0% |
| iShares Physical Gold ETC EGLN.L | 0.12% | 34.02B | 0.0% |
| Amundi Physical Gold ETC C GLDA.L | 0.12% | 10.84B | 0.0% |
