VanEck Gold Miners ETF (GDX)
| Assets | $24.67B |
| Expense Ratio | 0.51% |
| PE Ratio | 22.12 |
| Shares Out | 308.55M |
| Dividend (ttm) | $0.63 |
| Dividend Yield | 0.73% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | 16.27% |
| Volume | 18,644,909 |
| Open | 87.52 |
| Previous Close | 83.50 |
| Day's Range | 85.50 - 88.07 |
| 52-Week Low | 40.26 |
| 52-Week High | 117.18 |
| Beta | 0.61 |
| 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
57.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Agnico Eagle Mines Limited | AEM | 10.16% |
| Newmont Corporation | NEM | 9.10% |
| Barrick Mining Corporation | ABX | 6.66% |
| Franco-Nevada Corporation | FNV | 5.51% |
| Wheaton Precious Metals Corp. | WPM | 5.23% |
| AngloGold Ashanti plc | AU | 4.99% |
| Gold Fields Ltd ADR | EDG.DE | 4.68% |
| Kinross Gold Corporation | K | 4.50% |
| Pan American Silver Corp. | PAAS | 3.88% |
| Coeur Mining, Inc. | CDE | 3.02% |
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 97.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.32%.
News
Avoid S&P + Bonds, Buy Gold + Energy - George Noble
Renowned investor George Noble thinks investors should avoid S&P 500 and bonds, rotate into gold, energy, and commodities for inflation protection and upside. Tech, especially Mag-7, faces structural ...
After the 2025 Gold Rush: What's Next for ETFs?
Gold prices enjoyed a steady upward march last year to notch a gain of 70% — the highest annual return in 45 years. After setting 53 straight all-time highs, advisors are rightly asking if the “easy m...
The Pivot in Portfolios: What to Watch as VanEck Takes Stage at Exchange
As we navigate the first quarter of 2026, advisor interest is increasingly shifting toward traditional hedges and quality-oriented products. VanEck, a pioneer in thematic and hard-asset investing, has...
There is still plenty of upside in the mining sector as bull market euphoria has yet to materialize, says Soar Financial CEO
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Gold And Its Miners: The Structural Bull Market Isn't Over
Gold and gold mining ETFs remain a 'buy' as structural drivers—central bank buying, de-dollarization, and fiscal deficits—support sustained high gold prices. Miners like Agnico Eagle, Newmont, and Kin...
Gold And Silver Miners Are Printing Money
Rising gold and silver prices in 2025–2026 have driven a step-change in mining company profits and cash flow. Amplify Junior Silver Miners ETF returned 184.02% in 2025, far outpacing spot metals price...
Gold Mining ETFs Spark Interest Amid Dominant Results
To say that the gold rally has captured significant investor interest over the past few months would likely be no understatement. After all, the precious metal, much like its silver compatriot, is cu...
Safety No Longer? ETF Volatility in China Grips Gold
Gold has always been one of the go-to assets when stomach-churning volatility forces queasy investors into safe havens. However, recent volatility has been challenging that safe haven narrative, and o...
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.