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GDXJ
VanEck Vectors Junior Gold Miners ETF

Market Updates*

  • Vaccine news and the stimulus bill has created an outlook for strong economic growth, which dampens our near-term outlook for gold.
  • We expect catalysts to emerge in the second half of 2021, which may include excessive inflationary expectations, continued Central Bank asset purchases and rising commodity prices. Our long-term bull market view for gold remains intact.
  • Gold companies remain a compelling value buy, in our view. Balance sheets continue to get stronger and miners are remaining disciplined in their capital investment.

Learn More | Gold Heats Up on Warming Inflation

Fund Description

VanEck Vectors® 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

  • ETF Structure

    Physical

  • Administrator

    Van Eck Associates

  • Custodian

    State Street Bank and Trust Company

  • Index Ticker

    MVGDXJTR

  • Index Rebalancing

    Quarterly

 
as of 07/29/21

  • 30-Day SEC Yield1

    0.49%

  • Total Net Assets

    $5.2B

  • Number of Holdings

    97

  • Options

    Available

  • Gross Expense Ratio2

    0.52%

  • Net Expense Ratio/TER2

    0.52%

  • Distribution Frequency

    Annual
Schedule a Call
How to Buy

Key Points

  • One-Traded Access to Junior Gold Miners
    An industry that includes smaller exploratory or early development phase companies that are responsible for many gold reserve discoveries worldwide

  • Pure Play with Global Scope
    Companies must derive at least 50% of total revenues from gold or silver mining and related activities to be added to the Index

  • Convenient Customization
    Customize overall commodity exposure with targeted allocation to junior gold mining companies

Trading Information

  • Fund Ticker

    GDXJ

  • Index Total Return Ticker

    MVGDXJTR

  • NAV

    GDXJNV

  • Intraday NAV (IIV)4

    GDXJIV

  • Shares Outstanding

    112,337,446

  • 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, 2022. 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
  • 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
  • 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 07/29/21

NAV/
Market Price 		Volume
30-Day Avg./
Last Trading Day 		Daily Change
NAV/
Last Price 		YTD Change
NAV/
Last Price 		Premium/
Discount 		Prem/Discount
Distribution Charts 		NAV &
Prem/Discount
History 		30-Day
Median
Bid Ask
Spread 		NAV
Chart
GDXJ $45.96
$46.11		 6,064,547
7,476,092		 $1.21 / +2.71%
$1.16 / +2.58%		 -15.29%
-14.99%
 $0.15
0.32%		 0.02%

Premium/Discount History as of 07/29/21

Calendar Year 2020 3Q 2020 4Q 2020 1Q 2021 2Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 122 30 30 18 24
GDXJ Days closed at NAV 7 1 2 0 2
Days closed at a discount 124 33 32 43 37


Performance History: Average Annual Total Returns* (%)
View All ETFs View All Indices

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
11/10/09
GDXJ (NAV) -14.42 4.07 -14.12 -4.36 13.50 3.36 -8.47 -4.12
GDXJ (Share Price) -14.55 3.87 -13.81 -4.19 13.57 3.44 -8.53 -4.10
MVGDXJTR (Index) -14.86 4.26 -13.85 -3.19 14.19 3.57 -8.14 -3.82
Performance Differential (NAV - Index) 0.44 -0.19 -0.27 -1.17 -0.69 -0.21 -0.33 -0.30
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
11/10/09
GDXJ (NAV) -14.42 4.07 -14.12 -4.36 13.50 3.36 -8.47 -4.12
GDXJ (Share Price) -14.55 3.87 -13.81 -4.19 13.57 3.44 -8.53 -4.10
MVGDXJTR (Index) -14.86 4.26 -13.85 -3.19 14.19 3.57 -8.14 -3.82
Performance Differential (NAV - Index) 0.44 -0.19 -0.27 -1.17 -0.69 -0.21 -0.33 -0.30

*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 VanEck 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. VanEck Vectors ETF investors should not expect to buy or sell shares at NAV.

Top 10 Holdings (%) as of 06/30/21 Daily Holdings

Total Holdings: 98
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$) 		% of Net
Assets
PAN AMERICAN SILVER CORP
PAAS US
10,123,306
289,222,852 5.53
EVOLUTION MINING LTD
EVN AU
71,251,684
240,996,604 4.60
YAMANA GOLD INC
AUY US
49,906,727
210,606,388 4.02
FIRST MAJESTIC SILVER CORP
AG US
13,156,587
208,005,640 3.97
ENDEAVOUR MINING CORP
EDV CN
8,444,362
181,530,256 3.47
B2GOLD CORP
BTG US
41,965,748
176,675,799 3.38
HECLA MINING CO
HL US
21,056,955
156,663,745 2.99
SSR MINING INC
SSRM US
9,801,601
152,806,960 2.92
MERDEKA COPPER GOLD TBK PT
MDKA IJ
740,246,000
150,490,501 2.87
ALAMOS GOLD INC
AGI US
18,220,039
139,383,298 2.66
Top 10 Total (%) 36.40
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 06/30/21

  • Country

    % of Net Assets
  • ■

    Canada

    51.50
  • ■

    Australia

    15.74
  • ■

    United States

    6.07
  • ■

    Brazil

    4.02
  • ■

    Côte D'Ivoire

    3.47
  • ■

    Indonesia

    2.87
  • ■

    Peru

    2.62
  • ■

    Turkey

    2.23
  • ■

    South Africa

    2.14
  • ■

    Mexico

    1.91
  • ■

    Egypt

    1.31
  • ■

    Kyrgyzstan

    1.29
  • ■

    Burkina Faso

    1.20
  • ■

    United Kingdom

    1.11
  • ■

    China

    1.00
  • ■

    Russia

    0.92
  • ■

    Colombia

    0.37
  • ■

    Other/Cash

    0.23

Sector Weightings (%) as of 06/30/21

  • Sector

    % of Net Assets
  • ■

    Materials

    99.4
  • ■

    Industrials

    0.4
  • ■

    Other/Cash

    0.2