VanEck Gold Miners ETF (GDX)
| Assets | $32.27B |
| Expense Ratio | 0.51% |
| PE Ratio | 28.06 |
| Shares Out | 314.30M |
| Dividend (ttm) | $0.63 |
| Dividend Yield | 0.60% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | 17.24% |
| Volume | 22,623,843 |
| Open | 105.49 |
| Previous Close | 103.01 |
| Day's Range | 102.49 - 106.47 |
| 52-Week Low | 38.58 |
| 52-Week High | 113.50 |
| Beta | 0.65 |
| Holdings | 52 |
| 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 MarketVector Global Gold Miners index, a market-cap-weighted index of global companies tied to gold and silver mining activities. GDX was launched on May 22, 2006 and is issued by VanEck.
Top 10 Holdings
56.57% of assets| Name | Symbol | Weight |
|---|---|---|
| Agnico Eagle Mines Limited | AEM | 9.25% |
| Newmont Corporation | NEM | 8.91% |
| Barrick Mining Corporation | ABX | 6.50% |
| Gold Fields Ltd ADR | EDG.DE | 5.21% |
| AngloGold Ashanti plc | AU | 5.20% |
| Wheaton Precious Metals Corp. | WPM | 5.07% |
| Franco-Nevada Corporation | FNV | 4.78% |
| Kinross Gold Corporation | K | 4.47% |
| Pan American Silver Corp. | PAAS | 3.81% |
| Northern Star Resources Limited | NST | 3.38% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $0.6331 | Dec 26, 2025 |
| Dec 23, 2024 | $0.4025 | Dec 24, 2024 |
| 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 |
Performance
GDX had a total return of 154.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.43%.
News
VanEck Gold Miners ETF Appears To Have Peaked
VanEck Gold Miners ETF has soared to all-time highs, but I remain bearish given technical and valuation concerns. GDX is highly concentrated, trades at 3.8x book, and the top ten holdings comprise 57....
My Ultimate Strategy For High Income And Market-Beating Returns
Why index investing is far riskier than it looks. A wildly popular dividend investing strategy may be setting investors up for disappointment. One overlooked approach could completely reshape long-ter...
GDX: Opportune Time To Reduce Gold Miners (Rating Downgrade)
VanEck Gold Miners ETF (GDX) appears to have experienced a blowoff top, resembling the 2011, 1980, and 1974 peaks in precious metals. I believe the recent parabolic move in GDX, with a 300% gain since...
GDX Has Momentum - But It Also Has Expectations
The VanEck Gold Miners ETF benefits from structurally elevated gold prices and disciplined capital allocation among major constituents. GDX's recent outperformance is driven by margin tailwinds - high...
A Near-Perfect Buy-And-Hold Dividend Growth Portfolio For Retirement
Most investors think they must choose between dividend growth and mega-cap tech, but this setup breaks that rule. One overlooked ETF combination quietly solves a major retirement problem. The balance ...
‘Bearish engulfing' patterns are warning you: Don't buy the dip in gold-miner stocks
A bearish technical pattern that appeared in a widely traded gold-mining ETF, as well as in Newmont's stock, is warning investors to think twice before buying the dip.
Final Trade: VST, EEK, MSFT, DRI
The final trades of the day with CNBC's Melissa Lee and the 'Fast Money' traders.
Trump's $1.5 Trillion Defense Budget Is A Huge Gift To My Portfolio
A massive policy shift just sent an unexpected signal to income investors. Some of the biggest winners from Trump's defense budget proposal may not be who everyone thinks they are. My portfolio was bu...
Trade Tracker: Bill Baruch trims the CEF and GDX ETFs
Bill Baruch, founder and president of Blue Line Capital, joins CNBC's “Halftime Report” to explain why he's selling two metals ETFs.
Final Trade: RIO, KBWB, HD, GDX
The final trades of the day with CNBC's Melissa Lee and the 'Fast Money' traders.
I've Never Been More Bullish On This Overlooked De-Dollarization Market Shift
A massive global de-dollarization shift is quietly accelerating beneath the surface. Asset prices are sending a message most investors haven't noticed. I share how my portfolio is changing in response...
Gold's Best Year Since 1979, And Why I'm Upgrading GDX To A Buy Now (Rating Upgrade)
VanEck Gold Miners ETF (GDX) is upgraded from hold to buy, supported by strong technicals and robust 2025 performance. GDX's valuation is compelling, with a 13.1x P/E and a 41% long-term EPS growth fo...
GDXJ Vs. GDX: Why I'm Betting On 'Juniors' With $5,000 Gold On The Horizon
The VanEck Junior Gold Miners ETF (GDXJ) offers higher beta and growth potential versus the VanEck Gold Miners ETF (GDX) amid a bullish gold outlook. GDXJ's diversified portfolio of junior and mid-tie...
10 High Quality ETFs & Stocks To Buy In The Next Market Downturn And Hold Until 2030
By 2030, global trends will be dominated by AI, electrification, renewable energy, and demographic shifts (retired baby boomers), shaping investment opportunities and risks. Equity markets, especially...
'Fast Money' traders share their stock 'shopping lists'
The 'Fast Money' traders share their 'shopping lists' of stocks they are looking to buy in the current market.
Update On Precious Metals
I wrote a blog post on Precious Metals in June 2025, outlining their recent performance and outlook.
Final Trade: GDX, OIH, NFLX, EQT
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
4 Stocks To Buy As Precious Metals Soar
The massive rally in gold hit its first significant pullback in months last week, dipping under $4,000 per troy ounce after touching as high as $4,350.
Gold And GDX: Here's The Price Level Where I'd Buy Again
VanEck Gold Miners ETF (GDX) has surged 144% since March 2024, but now appears overbought after a blistering rally. GDX is rated a hold for long-term investors, with better buying opportunities expect...
GDX Strikes It Rich, 49%-Yielding GDXY Strikes Out
The VanEck Gold Miners ETF is a diversified bet on gold miners. The YieldMax Gold Miners Option Income Strategy ETF adds a layer of very attractive weekly cash distributions on top of diversified gold...
Why Midstream Is Now My Highest Conviction Buy After Gold And Silver's Big Run
My last highest conviction buy - Gold, gold miners, and silver - has delivered phenomenal returns for me in recent months and years. I detail why midstream is now my highest conviction buy after the s...
4 ETFs To Consider Buying For The Q4 Gold Rally
Right now, all eyes are on stocks. Tech stocks, chip stocks, AI stocks, you name it.
GDX ETF stock analysis: is it too late to buy gold mining stocks?
The VanEck Gold Miners ETF (GDX) has been in a relentless bull run this year and is trading at its all-time high. GDX was trading at $80, up by 135% from its January lows and The ETF has jumped in th...
Final Trade: GDX, PFE, GFS, BMY
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Final Trade: CERT, GDX, IWM, MPC
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
The Near-Perfect Portfolio Of 3-13% Yields For The Fed's Rate Cuts
The Fed just cut rates. I share a portfolio of 3-13% yielding investments that are well-positioned for the expected impacts of Fed rate cuts. I also share what I am avoiding right now.
GDXY: Cash Flow Maximizes At The Peaks Of GDX
An opportunistic vehicle to extract cash flow from miners. GDXY synthesizes exposure to GDX, and extracts premiums from covered call strategies. Today distributions exceed 40%, and it is benefiting fr...
Why Nvidia Is Getting 'Butt-Kicked' By Gold Miners: Larry McDonald
In the cutthroat arena of Wall Street, where tech titans like Nvidia Corp NVDA once reigned supreme with AI-fueled rocket rides, a gritty gang of gold miners is now delivering a merciless pummeling. M...
Stock Picks From Seeking Alpha's August 2025 New Analysts
In August, Seeking Alpha welcomed 26 new analysts. This article introduces them and showcases some of their top picks. Analysts highlighted include The J Thesis, recommending PayPal; Ihor Pohkyton, on...
Fast Money: OLLI, BIDU, META, GDX
The final trades of the day with the Fast Money traders.
Gold Miners Enter A New Golden Age: Why GDX And GDXJ Remain Buys
Gold miners are experiencing a golden age, with improving balance sheets, rising dividends, and buybacks, driven by record-high gold prices. Central bank buying, geopolitical turmoil, and anticipated ...
VanEck Gold Miners ETF: Leveraged Play On Gold In An Uncertain World
GDX offers leveraged exposure to gold prices, outperforming physical gold ETFs due to operational leverage and strong mining margins amid global uncertainty. Political instability, de-dollarization, a...
GDX Vs. IAU: Gold Miners Are Catching Up
The lag between miners' profits and gold prices is narrowing, judging by the updated financials reported by leading stocks in GDX. Recent earnings show leading miners like NEM and AEM have rising marg...
Final Trade: LLY, ULTA, AAPL, GDX
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Final Trade: BSY, GDX, MNDY, GILD
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Final Trade: GDX, CSCO, INTC, GLD
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Carter Worth charts gold's next move as metal hits fresh records
Carter Worth, Worth Charting, joins 'Fast Money' to discuss what's next for gold as the precious metal hits a record high.
Final Trade: GOOGL, UNH, INTC, GDX
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Rare Buying Opportunities: Deeply Undervalued With Big Upside Catalysts
It is rare to find stocks that are both deeply undervalued and have powerful near-term upside catalysts. We share two of them in this article. We detail why the market is discounting them and why this...
My 2 Highest-Conviction Investments Right Now
An investment must pass two key tests to qualify as a high conviction pick for me. I share my two highest conviction investments right now. I detail why they are my highest conviction investments.
GDXY: How YieldMax Turns GDX Into Cash Flow
GDXY ETF generates monthly income by selling options on GDX, balancing synthetic covered calls and Treasuries for stability and yield. The fund benefits from higher implied volatility and a weaker dol...
One Of The Biggest Investment Opportunities Wall Street Overlooks
Gold is booming, but the real story isn't macro. It's a supply crisis. Flat output, falling ore grades, and soaring costs are the real game-changers. Despite record margins, miners aren't boosting out...
GDX: The Most Attractive Multiple Of The Last 40 Years
The GDX ETF has strong performance compared to gold ETFs or even ETFs from other sectors of the economy. The fundamentals of revenue growth and cash flow are the pillars behind performance. Valuations...
GDX: Solid Valuation, But Technical Warning Signs Emerge, Weak Seasonality On Tap
I reiterate my Hold rating on GDX after a powerful rally, as gold miners face mixed near-term technical and seasonal signals. GDX has outperformed the S&P 500 YTD, but momentum is cooling and August-S...
4 Popular Dividends For The Geopolitical Conflicts Unfolding Now
Let's talk about oil and gold dividends. Whether or not the new peace in the Middle East holds, there are some high-quality dividends worth owning anytime.