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GDXJ
VanEck Vectors Junior Gold Miners ETF

Market Updates*

  • We believe there is a compelling opportunity in the space today with gold reaching all-time highs and companies healthier than they’ve been at any time in the last 10-20 years.
  • In our view, financial market risks – including extreme monetary policies, negative real rates and unsustainable debt levels – remain persistent and pervasive and may continue to support higher gold prices for the foreseeable future.
  • Notable, too, is the historical performance of mid-tier and junior gold mining companies during similar periods of rising gold prices in the past, where such support levels have helped fuel outperformance of these companies relative to their larger-cap, senior/major mining peers.

Learn More | New Year, Same Risks Drive Gold

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 05/10/21

  • 30-Day SEC Yield1

    0.54%

  • Total Net Assets

    $5.8B

  • Number of Holdings

    96

  • 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

    113,487,446

  • 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 05/10/21

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 $51.11
$50.87		 6,385,068
6,214,407		 -$0.33 / -0.63%
$-0.60 / -1.17%		 -5.81%
-6.21%
 $-0.24
-0.46%		 --

Premium/Discount History as of 05/10/21

Calendar Year 2020 2Q 2020 3Q 2020 4Q 2020 1Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 122 34 30 30 18
GDXJ Days closed at NAV 7 3 1 2 0
Days closed at a discount 124 26 33 32 43


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) 5.95 -5.61 -12.56 18.30 14.31 6.02 -10.08 -4.03
GDXJ (Share Price) 5.42 -5.25 -12.52 19.46 14.36 5.86 -10.11 -4.03
MVGDXJTR (Index) 6.21 -5.61 -12.25 18.78 14.95 6.26 -9.73 -3.71
Performance Differential (NAV - Index) -0.26 0.00 -0.31 -0.48 -0.64 -0.24 -0.35 -0.32
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
11/10/09
GDXJ (NAV) -2.86 -17.47 -17.47 58.34 12.67 11.60 -10.06 -4.54
GDXJ (Share Price) -1.64 -17.02 -17.02 62.75 12.78 11.76 -10.04 -4.50
MVGDXJTR (Index) -3.05 -17.38 -17.38 59.36 13.33 11.77 -9.74 -4.25
Performance Differential (NAV - Index) 0.19 -0.09 -0.09 -1.02 -0.66 -0.17 -0.32 -0.29

*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.

Top 10 Holdings (%) as of 04/30/21 Daily Holdings

Total Holdings: 96
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$) 		% of Net
Assets
PAN AMERICAN SILVER CORP
PAAS US
10,759,334
342,362,008 6.38
GOLD FIELDS LTD
GFI US
35,043,651
328,709,446 6.12
EVOLUTION MINING LTD
EVN AU
67,786,316
240,672,153 4.48
YAMANA GOLD INC
AUY US
48,787,969
223,936,778 4.17
B2GOLD CORP
BTG US
44,118,244
211,767,571 3.94
ENDEAVOUR MINING CORP
EDV CN
7,684,519
159,849,489 2.98
SSR MINING INC
SSRM US
9,596,112
152,194,336 2.83
FIRST MAJESTIC SILVER CORP
AG US
9,724,920
146,749,043 2.73
ALAMOS GOLD INC
AGI US
18,066,380
144,531,040 2.69
HECLA MINING CO
HL US
20,924,284
123,662,518 2.30
Top 10 Total (%) 38.62
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 04/30/21

  • Country

    % of Net Assets
  • ■

    Canada

    48.52
  • ■

    Australia

    15.26
  • ■

    South Africa

    8.47
  • ■

    United States

    4.50
  • ■

    Brazil

    4.17
  • ■

    Côte D'Ivoire

    2.98
  • ■

    Peru

    2.55
  • ■

    Turkey

    2.12
  • ■

    Indonesia

    2.04
  • ■

    Mexico

    1.71
  • ■

    Kyrgyzstan

    1.49
  • ■

    United Kingdom

    1.38
  • ■

    Burkina Faso

    1.23
  • ■

    Egypt

    1.20
  • ■

    China

    0.91
  • ■

    Russia

    0.87
  • ■

    Colombia

    0.24
  • ■

    Other/Cash

    0.37

Sector Weightings (%) as of 04/30/21

  • Sector

    % of Net Assets
  • ■

    Materials

    99.3
  • ■

    Industrials

    0.4
  • ■

    Other/Cash

    0.4