GDX - VanEck Gold Miners ETF | Performance
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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 25-May-22

  • Exchange

    ASX

  • ASX code

    GDX

  • Bloomberg index code

    GDMAUDNR

  • Index provider

    ICE Data Indices, LLC

  • NAV1

    $46.11

  • Units outstanding1

    10,457,907

  • Net assets1

    $482.2M

  • Number of holdings

    56

  • 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 25-May-22

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.

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Performance history (%) View all ETFs » View all indices »

1 Mth 3 Mths 6 Mths 1 Yr 3 Yrs p.a. 5 Yrs p.a. 10 Yrs p.a. ETF Inception p.a.
Price return -3.23 15.30 17.04 11.37 18.54 10.62 -- 11.39
Income return 0.00 0.00 1.73 1.65 0.99 0.83 -- 0.79
Total return -3.23 15.30 18.77 13.02 19.53 11.45 -- 12.18
Index (GDMAUDNR) -2.98 15.78 19.36 13.55 20.19 12.01 2.29 12.67
1 Mth 3 Mths 6 Mths 1 Yr 3 Yrs p.a. 5 Yrs p.a. 10 Yrs p.a. ETF Inception p.a.
Price return 7.73 16.13 25.41 20.22 17.42 11.38 -- 12.08
Income return 0.00 0.00 1.85 1.78 0.98 0.84 -- 0.81
Total return 7.73 16.13 27.26 22.00 18.40 12.22 -- 12.89
Index (GDMAUDNR) 7.62 16.17 27.63 22.61 18.94 12.69 1.86 13.34

The tables above show past performance of the ETF from 26 June 2015. Index performance shown prior to its launch date is simulated based on the current Index methodology. Results are calculated to the last business day of the month and assume immediate reinvestment of distributions. ETF results are net of management fees and costs, but before brokerage fees or bid/ask spreads incurred when investors buy/sell on the ASX. Returns for periods longer than one year are annualised. Past performance is not a reliable indicator of current or future performance which may be lower or higher.

GDX invests directly in the underlying securities that comprise the index. GDX acted as a ‘feeder fund’ from 9th October 2019 – 11 May 2022 giving investors access to a fund domiciled in the United States. From 26 June 2015 – 8th October 2019, the fund operated as a CDI.

Growth of hypothetical $10,000 investment

This graph illustrates a hypothetical $10,000 investment in the fund invested at NAV. The returns included in the hypothetical growth chart have been converted to Australian dollars. Returns reflect capital appreciation and the reinvestment of dividends and capital gains, if any, as well as all fees and expenses. The Index is unmanaged and includes the reinvestment of all dividends, but does not reflect the payment of transaction costs incurred in the fund, advisory fees or expenses that are associated with an investment in the Fund. An index's performance is not illustrative of the fund's performance. You cannot invest in an index. Results reflect past performance and do not guarantee future results.

Calendar year returns (%) as at 31-Dec-21

NAV & premium/discount history
as at 30-Apr-22

Best & worst
quarter returns (%)
as of 31-Mar-22

  • Best quarter

    2Q'16 +43.10%

  • Worst quarter

    2Q'13 -26.33%

Best & worst quarter returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.