ETF report · NYSE Arca

VanEck Gold Miners ETF (GDX)

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About GDX

The VanEck Gold Miners ETF, with the ticker symbol GDX, is an exchange-traded fund that seeks to provide investors with exposure to the global gold mining industry. The GDX ETF is designed for investors seeking to gain exposure to gold prices through investments in gold mining companies.

The VanEck Gold Miners ETF was launched in 2006 by VanEck, a leading provider of exchange-traded funds. The ETF seeks to provide investors with exposure to the global gold mining industry by tracking the performance of the NYSE Arca Gold Miners Index, a benchmark index that includes publicly traded companies involved in the mining of gold and silver.

The GDX ETF is designed to provide investors with a cost-effective way to gain exposure to the gold mining industry.

The ETF's holdings are heavily weighted towards large-cap gold mining companies, with top holdings including Newmont Corporation, Barrick Gold Corporation, and Franco-Nevada Corporation.

Investing in the VanEck Gold Miners ETF involves significant risks, including the risk that the ETF's performance may be affected by changes in gold prices, geopolitical risks, and other factors that may impact the gold mining industry. The ETF is also subject to market risk, which means that its value may decline due to general market conditions, economic factors, and other factors that affect the equity markets as a whole.

The VanEck Gold Miners ETF seeks to provide investors with exposure to the global gold mining industry by tracking the performance of the NYSE Arca Gold Miners Index. The ETF is cost-effective, heavily traded, and provides exposure to large-cap gold mining companies.

Quotes may be delayed. Market data is provided for information only and is not investment advice; see our disclaimer.