What is GDX?

GDX tracks a market-cap-weighted index of global gold-mining firms.

PERFORMANCE [as of 03/21/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GDX 6.72% 3.16% 4.68% -20.01% 14.95% 7.64% -1.59%
GDX (NAV) 7.03% 3.76% 5.04% -19.62% 14.63% 7.79% -1.55%
NYSE Arca Gold Miners 7.10% 4.08% 5.30% -19.18% 14.92% 8.18% -1.20%
MSCI AC World IMI / Gold -SUB -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GDX Factset Analytics Insight

GDX is one of the most popular funds in the global gold-mining segment, a trading powerhouse with deep primary, secondary and derivatives markets. Following a 2013 overhaul of the fund’s index, GDX is no longer limited to US-listed firms, nor does it filter out firms that have hedged their gold exposure with derivatives. In addition, it includes firms mining other precious metals in addition to gold, so it’s not entirely pure-play gold miners. GDX includes all the major names, but the fund’s broader take on the gold-mining space means that the big firms get less weight than in our neutral benchmark. As an industry benchmark, GDX falls a bit short, but it's still hugely popular.

GDX Summary Data

VanEck
05/16/06
0.51%
$13.38B
NYSE Arca Gold Miners
MSCI AC World IMI / Gold -SUB
Open-Ended Fund

Peers

MSCI AC World IMI / Gold -SUB

Fund Flows

+$0.50B 5 Days
+$0.09B 30 Days
+$0.68B 90 Days

GDX Portfolio Data

$19.25B
23.90
1.72
1.58%
N/A
50

GDX Index Data

NYSE Arca Gold Miners
Market Cap
Market Cap
MSCI AC World IMI / Gold -SUB

GDX Portfolio Management

0.51%
-0.13%
0.16%
-0.32%

GDX Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

GDX Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/22/23

This measurement shows how easy it is to trade a $1 million USD block of GDX. GDX is rated a 5 out of 5.

GDX Tradability

23,100,246
$687.16M
20,754,216
$615.24M
0.03%
$0.01
-0.05%
0.83% / -0.67%
None
80.37%
50,000
415.08
0.03%
0.11%
2,366,767
$30.13
5

GDX Sector/Industry Breakdown

GDX Segment
Benchmark
101.10% --
-1.10% --

GDX Top 10 Holdings

8.94%
7.74%
6.47%
5.84%
4.89%
4.12%
3.99%
61.18%

GDX Performance Statistics

--
--
--
--
--
MSCI AC World IMI / Gold -SUB

GDX Countries

GDX Segment
Benchmark
54.52% --
17.79% --
12.90% --
8.51% --
4.87% --
0.80% --
0.62% --
-- --
-- --

GDX Regions

GDX Segment
Benchmark
72.30% --
17.77% --
8.51% --
0.80% --
0.62% --

GDX Economic Development

GDX Segment
Benchmark
90.69% --
9.31% --

GDX Benchmark Comparison Holdings

50
--
--
--

GDX Benchmark Comparison Summary

GDX Segment
Benchmark
50 --
$19.25B --
23.90 --
1.72 --
1.98% --
High --

GDX Benchmark Comparison Market Cap Size

GDX Segment
Benchmark
53.62% --
31.89% --
14.50% --
0.00% --

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