GDXVanEck Gold Miners ETF
GDX Fund Description
GDX tracks a market-cap-weighted index of global gold-mining firms.
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 MSCI ESG Analytics Insight
VanEck Gold Miners ETF has an MSCI ESG Fund Rating of AA based on a score of 7.74 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. VanEck Gold Miners ETF ranks in the 81st percentile within its peer group and in the 44th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
GDX MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
GDX Portfolio Data
GDX Index Data
GDX Portfolio Management
GDX Tax Exposures
GDX Fund Structure
GDX Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
GDX Economic Development
GDX Performance Statistics
GDX MSCI ESG Ratings
GDX Benchmark Comparison Summary
GDX Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
Options allow you to customize investment outcomes. Using the strategy builders provided by Cboe Vest Technologies, you can construct some of the most common option strategies. Check out our user guide for more information on how to use the tool.
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.