Market Vectors ETFs
Van Eck Mutual Funds
11/18/13: According to CNBC, some investment advisers and technical strategists contend that it’s time to invest in gold. Several discuss GDX in particular. Oppenheimer’s chief market technician, Carter Worth, says, “GDX has all the hallmarks of something that's stabilizing…”View interview »
11/15/13: Bloomberg writes about the gold positioning of billionaire investors John Paulson and George Soros. Accordingly, Soros recently “took a stake in the Market Vectors Gold Miners ETF (GDX).”View interview »
6/20/13: Commodity expert Rogers discusses with HAI’s Sumit Roy why he continues to buy gold and what he thinks needs to happen for a bull market to end. “The bull market in commodities will definitely come to an end someday. But someday is not here yet,” he says. View article »
2/12/13: The Motley Fool highlights GDX: "with many high-quality names crammed into this ETF, the Market Vectors Gold Miners ETF (GDX), with its 1.1% yield, could pack a shiny punch." View article »
Gold Miners ETF
Rare Earth/Strategic Metals ETF
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Full Name: Market Vectors®Junior Gold Miners ETF (GDXJ®)
Management Style: Replication
Underlying Index: Market Vectors® Global Junior Gold Miners Index (MVGDXJTR)
Index Description: MVGDXJTR is a rules-based, modified market capitalization-weighted, float-adjusted index intended to provide investors exposure to small- and medium-capitalization companies in the gold and/or silver mining industry.
Gold Funds and Gold ETFs »
Index Total Return Ticker
Total Net Assets
Number of Holdings
30-Day SEC Yield1
Gross Expense Ratio2
Net Expense Ratio2
*Returns less than one year are not annualized.
The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.
The "Net Asset Value" (NAV) of a Market Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Market Vectors ETF investors should not expect to buy or sell shares at NAV.
This graph illustrates a hypothetical $10,000 investment in the ETF invested at NAV. Returns reflect capital appreciation and the reinvestment of dividends and capital gains, if any, as well as all fees and expenses. The Index is unmanaged and includes the reinvestment of all dividends, but does not reflect the payment of transaction costs, advisory fees or expenses that are associated with an investment in the ETF. An index's performance is not illustrative of the Fund's performance. Indices are not securities in which investments can be made. Results reflect past performance and do not guarantee future results.
The chart presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.
52-Week High (03/15/13)
52-Week Low (12/20/13)
Best & Worst Quarter Returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.
All registered investment companies, including Van Eck Associates Corporation, are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading Market Vectors ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant Market Vectors ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distribution are not indicative of future distributions.
Go here for Additional Distributions Details and Supplemental Tax Information, including PDF downloads.