VanEck Gold Miners ETF GDX
Fund description: GDX gives investors exposure to a diversified portfolio of companies involved in the gold mining industry. GDX aims to provide investment returns before fees and other costs which track the performance of the Index.
Index description: The NYSE Arca Gold Miners Index (AUD) is a modified market capitalisation-weighted index and provides exposure to publicly traded companies worldwide involved primarily in gold mining, representing a diversified blend of small-, mid- and large-capitalisation stocks.
Management style: Replication
Country of domicile: Australia
as at 04-Jul-22
-
Exchange
ASX -
ASX code
GDX -
Bloomberg index code
GDMAUDNR -
Index provider
ICE Data Indices, LLC -
NAV1
$41.10 -
Units outstanding1
10,337,907 -
Net assets1
$424.9M -
Number of holdings
54 -
ASX commencement2
26-Jun-15
1As of the close of the previous trading day.
2From 26-Jun-15 to 7-Oct-19 the fund was offered via a Chess Depositary Interest.
as at 04-Jul-22
-
Dividend frequency
1 each year -
Management costs p.a.
0.53% - Investment management team »
- Market Announcements
- GDX Fact Sheet
The NAV is generally calculated daily after all markets are closed for that day based on the closing price of the securities on the relevant foreign stock exchange. The NAV is then converted to AUD based on the relevant London WM Reuters 4pm exchange rate. This means, due to Australia’s time zone, that the NAV will generally not be updated until around 1pm next business day.
Key points
Underlying Index: NYSE Arca Gold Miners Index (AUD)
The Index comprises:
Publicly traded companies involved in the gold mining industry.
Companies eligible for inclusion in Index:
- Listed on a recognised exchange
- Market capitalisation greater than $750 million
- Average daily volume of at least 50,000 shares
- Average daily value traded of at least $1 million
Index provider:
ICE Data Indices, LLC. The Index provider is not a related body corporate of VanEck Investments Limited.
Index profile
-
Bloomberg index code
GDMAUDNR -
Base date
01-Oct-04 -
Rebalance frequency
Quarterly
Top ten index constituents (%) as at 31-May-22
Constituent name |
Ticker
|
Weightings (%) | |
---|---|---|---|
NEWMONT MINING CORP |
NEM US
|
15.90 | |
BARRICK GOLD CORP |
GOLD US
|
10.78 | |
FRANCO-NEVADA CORP |
FNV US
|
8.03 | |
AGNICO-EAGLE MINES LTD |
AEM US
|
7.12 | |
WHEATON PRECIOUS METALS CORP |
WPM US
|
5.50 | |
NEWCREST MINING LTD |
NCM AU
|
4.97 | |
ZIJIN MINING GROUP CO LTD-H |
2899 HK
|
3.12 | |
GOLD FIELDS LTD-SPONS ADR |
GFI US
|
3.05 | |
NORTHERN STAR RESOURCES LTD |
NST AU
|
2.99 | |
ROYAL GOLD INC |
RGLD US
|
2.97 | |
Top ten total (%) | 64.43 |
Index country weightings (%) as of 31-May-22
-
Country
Weightings (%) -
Canada
50.9 -
United States
20.4 -
Australia
14.1 -
South Africa
7.0 -
China
4.0 -
Burkina Faso
2.3 -
Peru
0.9 -
Egypt
0.5 -
Total
100.1
Index sector weightings (%) as at 31-May-22
-
Sector
Weightings (%) -
Materials
100.0 -
Total
100.0
NYSE Arca Gold Miners Index® (‘GDMNTR’), a trademark of NYSE Group Inc. or its affiliates (‘NYSE’), is licensed for use by VanEck in connection with GDX. GDX is not sponsored, endorsed, sold or promoted by NYSE and NYSE makes no representation as to the accuracy and/or completeness of GDMNTR or results to be obtained by any person from using GDMNTR in connection with trading GDX.