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
-
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 benefits
Access the power of gold miners
Gold mining companies' fortunes are inextricably linked to the price of gold bullion
Portfolio risk management
The gold mining sector has historically benefited during periods of extreme volatility in financial markets and has been used to provide a hedge to inflation
Global diversification
Access a portfolio of global large to mid-sized gold mining companies with one trade on ASX
Trading information
-
ASX code
GDX -
IRESS code
GDX.AXW -
Units outstanding
10,457,907 -
ISIN
AU000000GDX6
Fees and other costs
-
Management costs p.a.
0.53%
Key risks
An investment in the ETF carries risks associated with: ASX trading time differences, financial markets generally, individual company management, industry sectors, foreign currency, country or sector concentration, political, regulatory and tax risks, fund operations and tracking an index. See the PDS for details.
Prices as at 25-May-22
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 |
Top ten holdings (%) View all daily holdings » as at 30-Apr-22
Holding name |
Ticker
|
% of Net assets(US$) |
|
---|---|---|---|
NEWMONT CORP |
NEM US
|
15.46 | |
BARRICK GOLD CORP |
GOLD US
|
10.63 | |
FRANCO-NEVADA CORP |
FNV US
|
7.74 | |
AGNICO EAGLE MINES LTD |
AEM US
|
7.09 | |
WHEATON PRECIOUS METALS CORP |
WPM US
|
5.41 | |
NEWCREST MINING LTD |
NCM AU
|
4.74 | |
GOLD FIELDS LTD |
GFI US
|
3.97 | |
ROYAL GOLD INC |
RGLD US
|
3.10 | |
ANGLOGOLD ASHANTI LTD |
AU US
|
3.10 | |
ZIJIN MINING GROUP CO LTD |
2899 HK
|
3.03 | |
Top ten total (%) | 64.27 |
These are not recommendations to buy or to sell any security.
Country weightings (%) as at 30-Apr-22
-
Country
Weightings (%) -
Canada
49.1 -
United States
21.6 -
Australia
13.5 -
South Africa
8.2 -
China
3.9 -
United Kingdom
2.7 -
Peru
0.9 -
Other/Cash
0.0 -
Total
99.9
Sector weightings (%) as at 30-Apr-22
-
Sector
Weightings (%) -
Materials
100.0 -
Other/Cash
0.0 -
Total
100.0