• Ticker:- AUDGDX;false;GDMAUDNR;
  • Ticker Group:- ETFEQ_INTL;false;;

VanEck Blog & Insights

Market Vectors Gold Miners ETF GDX

  • Fund description: The VanEck Vectors Gold Miners ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index (GDMNTR). The Index is intended to track the overall performance of companies involved in the gold mining industry.

    Index description: GDMNTR 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 26-Apr-17

    • Exchange

      ASX
    • ASX code

      GDX
    • Bloomberg index ticker

      GDMNTR
    • Index Provider

      NYSE Arca
    • NAV1

      $29.85
    • Shares outstanding1

      467,852,500
    • Fund net asset value1

      $14.0B
    • Number of holdings1

      51
    • NYSE commencement

      16-May-06
    • ASX commencement

      26-Jun-15

    1Calculated daily after the NYSE has closed for that day. The NAV is calculated based on the US dollar and then converted to Australian dollars based on the relevant London WM Reuters 4pm exchange rate. This information is generally not updated until around 9am next business day. 

     

  •  as at 26-Apr-17

  • Index Key Points

    Underlying Index: NYSE Arca Gold Miners Index (GDMNTR)

    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:

    NYSE Group Inc. The Index provider is not a related body corporate of VanEck Investments Limited. 

  • Index profile

    • Ticker

      GDMNTR
    • Base date

      01-Oct-04
    • Rebalance frequency

      Quarterly
  • Top ten index constituents (%) as at 31-Mar-17

    Total constituents: 51
    Constituent name
    Ticker
    Weightings (%)
    BARRICK GOLD CORP
    ABX US
    11.31
    NEWMONT MINING CORP
    NEM US
    8.95
    NEWCREST MINING LTD
    NCM AU
    6.66
    GOLDCORP INC
    GG US
    6.36
    FRANCO-NEVADA CORP
    FNV US
    5.97
    AGNICO-EAGLE MINES LTD
    AEM US
    4.91
    SILVER WHEATON CORP
    SLW US
    4.63
    RANDGOLD RESOURCES LTD-ADR
    GOLD US
    4.40
    ROYAL GOLD INC
    RGLD US
    2.71
    ANGLOGOLD ASHANTI-SPON ADR
    AU US
    2.60
    Top ten total (%)58.50
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index country weightings (%) as at 31-Mar-17

    • Country

      Weightings (%)
    • CANADA

      55.1
    • UNITED STATES

      15.8
    • AUSTRALIA

      14.9
    • SOUTH AFRICA

      6.2
    • JERSEY

      4.4
    • PERU

      2.0
    • CHINA

      1.7
    • OTHERS

      0.0
    • Total

      100.1
  • Index sector weightings (%) as at 31-Mar-17

    • Sector

      Weightings (%)
    • Materials

      100.0
    • OTHERS

      0.0
    • 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.

VanEck Australia | 1300 68 38 37 | Email: info@vaneck.com.au

 
 
 
 

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