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UCTGDX VanEck Gold Miners UCITS ETF Please read important disclosure Close important disclosure true
GDX

Gold Miners ETF
VanEck Gold Miners UCITS ETF

GDX

Gold Miners ETF
VanEck Gold Miners UCITS ETF

ISIN: IE00BQQP9F84 copy-icon

Fund Description

Glittering through good and bad times, gold has proved the ultimate hedge against uncertainty. The VanEck Gold Miners UCITS ETF invests in gold and silver miners’ stocks, which have prices strongly correlated with the gold price.

  • NAV
    $44.45

    as of 01 Nov 2024
  • YTD RETURNS
    28.37%

    as of 01 Nov 2024
  • Total Net Assets
    $1.4 billion

    as of 01 Nov 2024
  • Total Expense Ratio
    0.53%
  • Inception Date
    25 Mar 2015
  • SFDR Classification
    Article 6

Overview

Fund Description

Glittering through good and bad times, gold has proved the ultimate hedge against uncertainty. The VanEck Gold Miners UCITS ETF invests in gold and silver miners’ stocks, which have prices strongly correlated with the gold price.

  • Gold is often seen as an investment safe haven
  • Gold miners provide the advantages of both physical gold and revenue generating companies
  • Spread portfolio risks
  • Possible protection against inflation
  • Gold miners have historically provided leveraged exposure to gold prices


Risk Factors: Risk of investing in natural resources companies, industry or sector concentration risk, risk of investing in smaller companies. Please refer to the

KIID

and the Prospectus for other important information before investing.



Underlying Index

NYSE Arca Gold Miners Index (GDMNTR)

Fund Highlights

  • Gold is often seen as an investment safe haven
  • Gold miners provide the advantages of both physical gold and revenue generating companies
  • Spread portfolio risks
  • Possible protection against inflation
  • Gold miners have historically provided leveraged exposure to gold prices


Risk Factors: Risk of investing in natural resources companies, industry or sector concentration risk, risk of investing in smaller companies. Please refer to the

KIID

and the Prospectus for other important information before investing.



Underlying Index

NYSE Arca Gold Miners Index (GDMNTR)

Capital Markets

VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdf

Performance

Holdings

Portfolio

Literature

Index

Index Description

NYSE Arca Gold Miners Index is a pure-play, global index, tracking the performance of the largest publicly-traded companies worldwide which are primarily involved in the mining for gold and silver.

Index Key Points

Underlying Index
NYSE Arca Gold Miners Index (GDMNTR)

Index components
The index comprises publicly traded companies involved in the gold mining industry.

Companies eligible for inclusion  

  • Globally-listed
  • Market capitalization greater than USD 750 million
  • Average daily volume of at least 50,000 shares
  • Average daily value traded of at least USD 1 million

Index Provider
ICE Data Indices, LLC
For more information about the index please click here

Awards