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VanEck Gold Miners ETF (GDX)
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Upturn Advisory Summary
11/28/2025: GDX (5-star) is a STRONG-BUY. BUY since 1 days. Simulated Profits (0.00%). Updated daily EoD!
Upturn Star Rating
Outstanding Performance
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
Analysis of Past Performance
Type ETF | Historic Profit 71.68% | Avg. Invested days 48 | Today’s Advisory Strong Buy |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 11/28/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.83 | 52 Weeks Range 33.26 - 54.70 | Updated Date 06/29/2025 |
52 Weeks Range 33.26 - 54.70 | Updated Date 06/29/2025 |
Upturn AI SWOT
VanEck Gold Miners ETF
ETF Overview
Overview
The VanEck Gold Miners ETF (GDX) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. It provides exposure to publicly traded companies worldwide that are involved in the mining of gold.
Reputation and Reliability
VanEck has a strong reputation and long track record in providing specialized ETFs, particularly in the commodities and precious metals sectors.
Management Expertise
VanEck has a dedicated team of portfolio managers and analysts with expertise in the gold mining industry and ETF management.
Investment Objective
Goal
To replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index.
Investment Approach and Strategy
Strategy: The ETF aims to track the NYSE Arca Gold Miners Index, a market-capitalization weighted index composed of publicly traded companies involved in the mining of gold.
Composition The ETF primarily holds stocks of gold mining companies located around the world.
Market Position
Market Share: GDX holds a significant market share among gold mining ETFs, indicating its popularity and established presence.
Total Net Assets (AUM): 11920000000
Competitors
Key Competitors
- iShares MSCI Global Gold Miners ETF (RING)
- Sprott Gold Miners ETF (SGDM)
- Direxion Daily Gold Miners Index Bull 2x Shares (NUGT)
Competitive Landscape
The gold miners ETF market is relatively concentrated, with GDX holding a substantial portion of the assets. Competitors like RING and SGDM offer similar exposure, but GDX has the advantage of greater liquidity and a longer track record. GDX's size can be both an advantage (liquidity) and disadvantage (potentially slower to adapt to market changes) compared to smaller, more nimble competitors.
Financial Performance
Historical Performance: Historical performance can be obtained from various financial data providers, with returns varying based on the observation period.
Benchmark Comparison: The ETF's performance is directly compared to the NYSE Arca Gold Miners Index.
Expense Ratio: 0.51
Liquidity
Average Trading Volume
GDX exhibits strong liquidity, characterized by a substantial average daily trading volume.
Bid-Ask Spread
GDX typically maintains a tight bid-ask spread, reflecting its high trading volume and liquidity.
Market Dynamics
Market Environment Factors
GDX's performance is influenced by gold prices, global economic conditions, interest rates, inflation expectations, and geopolitical events.
Growth Trajectory
GDX's growth trajectory is closely tied to the performance of gold mining companies and the broader gold market. Holdings are updated to reflect the market cap weighting of the index.
Moat and Competitive Advantages
Competitive Edge
GDX benefits from being one of the largest and most liquid gold miners ETFs, which attracts both institutional and retail investors. Its first-mover advantage has helped it establish a strong brand recognition. VanEck's established reputation in commodity ETFs adds to its appeal. The scale provides economies which translates to smaller bid-ask spread and ease in transacting.
Risk Analysis
Volatility
GDX's volatility is generally high, reflecting the inherent volatility of gold prices and the gold mining industry.
Market Risk
GDX is subject to market risk associated with fluctuations in gold prices, as well as company-specific risks related to mining operations, geopolitical instability, and regulatory changes.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to the gold mining sector, those looking for a hedge against inflation, and those who believe in the long-term value of gold may find GDX appealing.
Market Risk
GDX is suitable for investors with a higher risk tolerance who understand the cyclical nature of the gold market and are comfortable with short-term volatility. It's better for active traders or long term investors.
Summary
The VanEck Gold Miners ETF (GDX) offers investors a convenient way to gain exposure to a portfolio of gold mining companies worldwide. GDX's performance is closely correlated with the price of gold and the overall health of the gold mining industry. Due to the sector and industry concentration risks, the fund is more suitable for active traders or investors with a long-term outlook and a higher risk tolerance. Its high liquidity and substantial AUM make it a popular choice among gold investors and traders alike.
Similar ETFs
Sources and Disclaimers
Data Sources:
- VanEck
- NYSE Arca
- Bloomberg
- Morningstar
- YCharts
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About VanEck Gold Miners ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the gold mining industry. The index is a modified market-capitalization weighted index primarily comprised of publicly traded companies involved in the mining for gold and silver. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.