Exchange Traded Funds
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.
Bloomberg index ticker
Fund net asset value1
Number of holdings1
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.
Management costs p.a.
Weighted avg. market cap(US$)
Price/earnings ratio(last 12 months)*
Price/book ratio(last 12 months)*
Mid ($1.0 - $5.0B)
Beta vs. MSCI World exAustralia
Correlation vs. MSCI Worldex Australia
Volatility (standard deviation)
Source: VanEck, FactSet.
Calculations based on US$ returns.
Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the Fund performance and the index performance. Volatility is the annualised standard deviation of the Fund's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the Fund's return less the risk free rate divided by the standard deviation.