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GDXJ
VanEck Junior Gold Miners ETF

Fund Description

VanEck Junior Gold Miners ETF (GDXJ®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Junior Gold Miners Index (MVGDXJTR), which is intended to track the overall performance of small-capitalization companies that are involved primarily in the mining for gold and/or silver.

 
 

  • Fund Ticker

    GDXJ
  • Exchange

    NYSE Arca
  • Inception Date

    11/10/2009
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Index Ticker

    MVGDXJTR
  • Index Rebalancing

    Quarterly

 
as of 09/26/22

  • 30-Day SEC Yield1

    1.19%
  • Total Net Assets

    $2.7B
  • Number of Holdings

    99
  • Options

    Available
  • Gross Expense Ratio2

    0.52%
  • Net Expense Ratio/TER2

    0.52%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/16/2022

Key Points

  • Small and Early Stage Miners
    Portfolio of small gold miners, some of which are in early exploratory stages with upside potential

  • High Beta Exposure to Gold Prices6
    Gold miners have historically provided leveraged exposure to gold prices

  • Highly Liquid
    ETF has historically featured greater average trading volume than any of its underlying junior miners7

Trading Information

  • Fund Ticker

    GDXJ
  • Index Total Return Ticker

    MVGDXJTR
  • NAV

    GDXJNV
  • Intraday NAV (IIV)4

    GDXJIV
  • Shares Outstanding

    103,037,446
  • Estimated Cash

    GDXJEU
  • Total Cash

    GDXJTC
  • CUSIP

    92189F791
  • ISIN

    US92189F7915
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.02%
  • Gross Expense Ratio

    0.52%
  • Fee Waivers and
    Expense Reimbursement

    --
  • Net Expense Ratio/TER2

    0.52%

2Expenses for GDXJ are capped contractually at 0.56% until May 1, 2023. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Investment Professionals

  • Portfolio Manager and Head of Equity ETFs
  • Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
  • Joined VanEck in 2005
  • CFA charterholder; member of the CFA Society New York
  • BA, Mathematics and Economics, New York University
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 09/26/22

NAV/
Market
Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change NAV/
Last Price
Premium/
Discount
30-Day
Median
Bid Ask
Spread
NAV
Chart
GDXJ $26.28
$26.13
7,863,186
13,791,086
$-0.93 / -3.43%
$-0.88 / -3.26%
-37.23%
-37.68%
$-0.15
-0.58%
0.03%

Premium/Discount History as of 09/26/22

Calendar Year 2021 3Q 2021 4Q 2021 1Q 2022 2Q 2022 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 104 30 32 26 24
GDXJ Days closed at NAV 3 1 0 1 1
Days closed at a discount 145 33 32 35 37

Performance History: Average Annual Total Returns* (%)

  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
11/10/09
GDXJ (NAV) -11.92 -25.10 -29.39 -30.22 -9.40 -2.98 -8.80 -6.98
GDXJ (Share Price) -11.93 -24.48 -29.38 -30.08 -9.19 -3.06 -8.87 -6.97
MVGDXJTR (Index) -11.79 -25.19 -29.20 -29.92 -8.85 -2.44 -8.51 -6.67
Performance Differential (NAV - Index) -0.13 0.09 -0.19 -0.30 -0.55 -0.54 -0.29 -0.31
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
11/10/09
GDXJ (NAV) -18.58 -31.60 -23.25 -29.79 -1.62 0.06 -6.94 -6.46
GDXJ (Share Price) -18.39 -31.73 -23.68 -30.32 -1.68 0.01 -7.04 -6.49
MVGDXJTR (Index) -18.67 -31.54 -23.03 -29.41 -1.02 0.61 -6.64 -6.14
Performance Differential (NAV - Index) 0.09 -0.06 -0.22 -0.38 -0.60 -0.55 -0.30 -0.32

Top 10 Holdings (%) as of 08/31/22 Daily Holdings

Total Holdings: 101
Swipe
to view
full data
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Yamana Gold Inc
AUY US
41,884,255
184,709,565 5.90
Kinross Gold Corp
KGC US
52,761,743
173,058,517 5.53
Pan American Silver Corp
PAAS US
9,383,036
139,619,576 4.46
Endeavour Mining Plc
EDV LN
6,505,816
126,883,912 4.05
B2gold Corp
BTG US
37,151,599
113,312,377 3.62
Evolution Mining Ltd
EVN AU
69,900,751
112,547,559 3.60
Ssr Mining Inc
SSRM US
8,108,546
109,384,286 3.50
Alamos Gold Inc
AGI US
15,148,351
108,916,644 3.48
Hecla Mining Co
HL US
19,488,497
76,784,678 2.45
First Majestic Silver Corp
AG US
10,283,789
74,865,984 2.39
Top 10 Total (%) 38.99
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 08/31/22

  • Country

    % of Net Assets
  • Canada

    50.13
  • Australia

    17.79
  • Brazil

    5.90
  • United Kingdom

    4.74
  • Mexico

    4.48
  • United States

    4.16
  • Indonesia

    2.13
  • South Africa

    2.02
  • Peru

    1.93
  • Turkey

    1.81
  • Egypt

    1.38
  • China

    1.26
  • Kyrgyzstan

    1.15
  • Burkina Faso

    0.69
  • Other/Cash

    0.42

Sector Weightings (%) as of 08/31/22

  • Sector

    % of Net Assets
  • Materials

    99.6
  • Other/Cash

    0.4