GDXJVanEck 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 06/24/22
-
30-Day SEC Yield1
0.64% -
Total Net Assets
$3.7B -
Number of Holdings
103 -
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
102,887,446 -
Estimated Cash
GDXJEU -
Total Cash
GDXJTC -
CUSIP
92189F791 -
ISIN
US92189F7915
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
Peter Liao, CFA
- 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
Guo Hua (Jason) Jin
- Portfolio Manager and Analyst for Equity ETFs
- Joined VanEck in 2007
- Prior to his current role, held a portfolio administration position at VanEck
- Previously, Portfolio Analyst at Evaluation Associates
- BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
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) | -8.76 | -8.81 | -5.73 | -26.21 | 11.65 | 5.47 | -5.15 | -4.95 |
GDXJ (Share Price) | -8.71 | -9.09 | -6.49 | -27.04 | 11.30 | 5.41 | -5.19 | -5.01 |
MVGDXJTR (Index) | -8.78 | -8.60 | -5.36 | -26.10 | 12.46 | 6.00 | -4.81 | -4.62 |
Performance Differential (NAV - Index) | 0.02 | -0.21 | -0.37 | -0.11 | -0.81 | -0.53 | -0.34 | -0.33 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 11/10/09 |
|
---|---|---|---|---|---|---|---|---|
GDXJ (NAV) | 8.55 | 12.21 | 12.21 | 6.81 | 15.38 | 6.34 | -5.67 | -3.67 |
GDXJ (Share Price) | 8.67 | 11.78 | 11.78 | 6.00 | 15.32 | 6.33 | -5.76 | -3.70 |
MVGDXJTR (Index) | 8.57 | 12.42 | 12.42 | 7.50 | 16.07 | 6.64 | -5.35 | -3.35 |
Performance Differential (NAV - Index) | -0.02 | -0.21 | -0.21 | -0.69 | -0.69 | -0.30 | -0.32 | -0.32 |
Top 10 Holdings (%) as of 05/31/22 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Merdeka Copper Gold Tbk Pt |
MDKA IJ |
650,034,488 |
242,142,637 | 6.05 |
Yamana Gold Inc |
AUY US |
42,649,887 |
228,603,394 | 5.71 |
Evolution Mining Ltd |
EVN AU |
76,872,759 |
209,678,967 | 5.24 |
Pan American Silver Corp |
PAAS US |
9,456,633 |
207,762,227 | 5.19 |
Ssr Mining Inc |
SSRM US |
8,164,570 |
158,637,595 | 3.96 |
Endeavour Mining Plc |
EDV LN |
6,698,604 |
151,183,893 | 3.78 |
B2gold Corp |
BTG US |
36,924,857 |
145,853,185 | 3.64 |
Alamos Gold Inc |
AGI US |
15,065,499 |
112,539,278 | 2.81 |
Hecla Mining Co |
HL US |
18,276,981 |
86,267,350 | 2.15 |
First Majestic Silver Corp |
AG US |
10,388,025 |
82,792,559 | 2.07 |
Top 10 Total (%) | 40.59 |
Country Weightings (%) as of 05/31/22
-
Country
% of Net Assets -
■
Canada
45.71 -
■
Australia
20.18 -
■
Indonesia
6.68 -
■
Brazil
5.71 -
■
United Kingdom
4.64 -
■
United States
3.64 -
■
Peru
2.44 -
■
Mexico
2.36 -
■
Turkey
1.99 -
■
South Africa
1.95 -
■
Kyrgyzstan
1.39 -
■
Egypt
1.08 -
■
China
1.04 -
■
Burkina Faso
0.99 -
■
Other/Cash
0.20
Sector Weightings (%) as of 05/31/22
-
Sector
% of Net Assets -
■
Materials
99.8 -
■
Other/Cash
0.2