VanEck Gold Miners ETF (GDX)
Assets | $13.55B |
Expense Ratio | 0.51% |
PE Ratio | 21.27 |
Shares Out | 368.10M |
Dividend (ttm) | $0.40 |
Dividend Yield | 1.07% |
Ex-Dividend Date | Dec 23, 2024 |
Payout Ratio | 22.61% |
1-Year Return | +36.93% |
Volume | 11,587,464 |
Open | 38.00 |
Previous Close | 37.61 |
Day's Range | 37.31 - 38.05 |
52-Week Low | 25.67 |
52-Week High | 44.22 |
Beta | 0.95 |
Holdings | 61 |
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
64.23% of assetsName | Symbol | Weight |
---|---|---|
Newmont Corporation | NEM | 12.58% |
Agnico Eagle Mines Limited | AEM | 11.31% |
Barrick Gold Corporation | ABX | 7.42% |
Wheaton Precious Metals Corp. | WPM | 6.95% |
Franco-Nevada Corporation | FNV | 6.42% |
AngloGold Ashanti plc | ANG | 4.18% |
Gold Fields Ltd ADR | EDG.DE | 4.16% |
Kinross Gold Corporation | K | 3.85% |
Northern Star Resources Limited | NST | 3.81% |
Zijin Mining Group Company Limited | ZIJMF | 3.55% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 23, 2024 | $0.403 | n/a |
Dec 18, 2023 | $0.500 | Dec 22, 2023 |
Dec 19, 2022 | $0.476 | Dec 23, 2022 |
Dec 20, 2021 | $0.535 | Dec 27, 2021 |
Dec 21, 2020 | $0.190 | Dec 28, 2020 |
Dec 23, 2019 | $0.191 | Dec 30, 2019 |
News
GDX: Take Advantage Of The Low Valuations For The Gold Miners
The VanEck Gold Miners ETF (GDX) is poised to outperform due to attractive valuations and improved balance sheets of the underlying companies. Despite recent underperformance and negative investment f...
Alphyn Capital's Q4 2024 Top And Bottom Performers
KKR & Co Inc's broad-based expansion and evolving earnings profile, driven by significant AUM growth and stable revenue streams, highlight its long-term potential despite economic headwinds. Amazon's ...
If I Could Only Own 3 Investments For The Next 5 Years
Charlie Munger advocated for having concentrated portfolios. I share what the requirements would be for me to have a highly concentrated portfolio. One of my picks will likely surprise you.
GDX: Gold Miner Bottom May Have Finally Arrived, Weekly Reversal Evidence
Economic uncertainty under President-elect Trump is driving the potential for heightened demand for gold and related mining enterprises, with the VanEck Gold Miners ETF a likely beneficiary. Historica...
Gold Miners Are Among Our Top Picks For 2025: GDX
GDX has crashed in recent months. I believe this presents a great buying opportunity for long-term investors. I also detail why.
GDX: Gold Has Reached A Peak Unless The Federal Reserve Makes A Dovish Pivot
Gold's recent surge is driven by Chinese demand and concerns about monetary stability, but its value is extreme compared to Treasury rates amid quantitative tightening. GDX has declined 14% since Sept...
Inflation-Proof Profits: My Favorite Dividend Stocks For Any Market
Inflation poses a challenge to dividend investors. While stocks offer long-term protection, short-term volatility requires strategic stock picking. Companies with pricing power and low input costs are...
GDX: Free Cash Flow Revival Offers Hope
Despite a strong rise over the past year, the VanEck Gold Miners ETF (GDX) has failed to outperform gold prices, contrasting with its historical trends. This underwhelming performance reflects structu...
12% Yield And Big Buyback: Dividend Stocks I Am Buying Hand-Over-Fist
I love stocks that pay big dividends and buy back a lot of stock. I share some dividend stocks that meet these criteria. I detail why they are compelling buys right now.
Final Trade: BABA, GOOGL, AZTA, GDX
The final trades of the day with the Fast Money traders.
GDX: Dips Are Buys From Here
The VanEck Gold Miners ETF (GDX) offers a compelling medium-term Gold proxy for investors seeking higher returns, despite not being as "safe" as physical Gold. Newmont Corporation (NEM) is getting wal...
GLD vs IAU vs GDX: one is the best gold ETF to buy today
Gold price has gone parabolic, rising for five consecutive days, and reaching a new all-time high of $2,730. It has jumped by almost 32% this year, making it one of the best-performing commodities thi...
GDX: Too Late To Chase This Rally In Gold Miners
The rally in gold and gold miners, particularly the VanEck Gold Miners ETF, looks exhausted and may be due for a breather. The GDX ETF is highly concentrated, with Newmont Corporation making up 15% an...
GDX: Gold Miner Profits To Surge 70%, But Rally May Slow
Since 2020, I've maintained a generally bullish stance on gold and silver, which I view as key hedges against growing systemic monetary system risks. These risks have escalated this year due to the re...
Gold ETFs Poised For Liftoff: Can The Fed's Rate Cut Propel Prices To New Heights?
Gold is back in the spotlight, and eyes are on the Fed. As the U.S. Federal Reserve prepares for what could be an aggressive rate cut, gold ETFs, especially the gold-bullion tracking ETFs such as the ...
How I Would Invest $100,000 For Big Dividends In September 2024
I discuss which areas of the market are most opportunistic for generating high yield income right now. I share some of my top picks within those sectors. I also share how I would deploy $100,000 of ne...
As Gold Hits New Highs, GDX Shines As A Long-Term Play
The VanEck Gold Miners ETF is up 24% YTD, driven by rising gold prices due to geopolitical tensions, central bank buying, and falling interest rates. Central banks' increased gold purchases, geopoliti...
Final Trade: GDX, NFLX, SAIA, SIG
The final trades of the day with CNBC's Brian Sullivan and the Fast Money traders.
GDX: Better Off With Gold
GDX performance has lagged behind the price of Gold. GDX has also underperformed its top holdings. The current portfolio has a consensus upside potential of 12% and is valued at 10x PE or 0.4 PEG.
Final Trades: Pfizer, L3Harris Tech, the RSP and GDX
The Investment Committee give you their top stocks to watch for the second half.
Final Trade: GDX, MLM, SLV
The final trades of the day with the Fast Money traders.
GDX: Multiples And Margins Tell Us Something Important
GDX has underperformed the S&P 500, but there are important caveats when judging short-term performance. Gold miners margins are now in a very good position to improve through the rest of 2024. Toplin...
Important Lessons Learned From My Latest Investing Mistakes
Investing in dividend stocks has been exceptionally rewarding for me. In addition to generating attractive returns, it has taught me many valuable lessons. I share several important lessons that my la...