GDX - VanEck Gold Miners ETF | Global sector
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VanEck Vectors 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

  as at 28-Oct-20

  • Exchange

    ASX
  • ASX code

    GDX
  • Bloomberg index code

    GDMAUDNR
  • Index provider

    ICE Data Indices, LLC
  • NAV1

    $51.90
  • Units outstanding1

    7,603,071
  • Net assets1

    $394.6M
  • Number of holdings

    53
  • NYSE commencement

    16-May-06
  • ASX commencement

    26-Jun-15

1As of the close of the previous trading day.

 

as at 28-Oct-20

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 3pm 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

    7,603,071
  • 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  28-Oct-20

NAV/
Last trade
Volume:
30-day avg/
Previous day
Daily change: NAV/
Last trade
YTD change:
NAV/
Last trade
Premium/
Discount
Premium/
Discount
Distribution charts
NAV &
Premium /Discount
History
NAV
Chart
GDX $51.90
$54.55
33,725
10,849
$-2.47 / -4.54%
$0.79 / +1.47%
+24.34%
+29.82%
$2.65
+5.11%

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 -4.13 2.88 42.94 37.45 23.15 22.81 -0.56 0.39
Income return 0.00 0.00 0.00 0.80 0.77 0.74 0.64 0.60
Total return -4.13 2.88 42.94 38.25 23.92 23.55 0.08 0.99
Index (GDMAUDNR) -4.33 3.07 42.73 38.56 24.36 24.06 0.51 1.45
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 -4.13 2.88 42.94 37.45 23.15 22.81 -0.56 0.39
Income return 0.00 0.00 0.00 0.80 0.77 0.74 0.64 0.60
Total return -4.13 2.88 42.94 38.25 23.92 23.55 0.08 0.99
Index (GDMAUDNR) -4.33 3.07 42.73 38.56 24.36 24.06 0.51 1.45

Top ten holdings (%) View all daily holdings » as at 30-Sep-20

No. of holdings: 54
Holding name
Ticker
% of Net
assets(US$)
NEWMONT CORP
NEM US
11.86
BARRICK GOLD CORP
GOLD US
11.63
FRANCO-NEVADA CORP
FNV US
6.19
NEWCREST MINING LTD
NCM AU
5.22
WHEATON PRECIOUS METALS CORP
WPM US
5.12
AGNICO EAGLE MINES LTD
AEM US
5.07
KIRKLAND LAKE GOLD LTD
KL CN
4.36
KINROSS GOLD CORP
KGC US
3.70
ANGLOGOLD ASHANTI LTD
AU US
3.67
GOLD FIELDS LTD
GFI US
3.62
Top ten total (%) 60.44

These are not recommendations to buy or to sell any security.

Holdings: Holdings data shows the direct investments of the VanEck Vectors Gold Miners ETF (GDX), the underlying US fund into which GDX primarily invests to obtain exposure to the securities in the index. Accordingly the percentage holdings of GDX will vary slightly to those shown above because of its cash positions.

Country weightings (%) as at 30-Sep-20

  • Country

    Weightings (%)
  • Canada

    54.3
  • United States

    16.0
  • Australia

    14.7
  • South Africa

    8.7
  • China

    2.3
  • Monaco

    1.4
  • Peru

    1.0
  • United Kingdom

    1.0
  • Russia

    0.5
  • Other/Cash

    0.1
  • Total

    100.0

Sector weightings (%) as at 30-Sep-20

  • Sector

    Weightings (%)
  • Materials

    99.9
  • Other/Cash

    0.1
  • Total

    100.0