VanEck Gold Miners ETF (GDX)
| Assets | $36.50B |
| Expense Ratio | 0.51% |
| PE Ratio | 24.07 |
| Shares Out | 315.95M |
| Dividend (ttm) | $0.63 |
| Dividend Yield | 0.55% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Ratio | 13.77% |
| 1-Year Return | +183.51% |
| Volume | 18,693,792 |
| Open | 115.19 |
| Previous Close | 113.89 |
| Day's Range | 114.32 - 115.99 |
| 52-Week Low | 38.58 |
| 52-Week High | 115.99 |
| Beta | 0.61 |
| Holdings | 49 |
| Inception Date | May 22, 2006 |
About GDX
Fund Home PageThe VanEck Gold Miners ETF (GDX) is an exchange-traded fund that is based on the MarketVector Global Gold Miners index, a market-cap-weighted index of global companies tied to gold and silver mining activities. GDX was launched on May 22, 2006 and is issued by VanEck.
Top 10 Holdings
56.59% of assets| Name | Symbol | Weight |
|---|---|---|
| Agnico Eagle Mines Limited | AEM | 9.80% |
| Newmont Corporation | NEM | 8.49% |
| Barrick Mining Corporation | ABX | 6.33% |
| AngloGold Ashanti plc | AU | 5.51% |
| Wheaton Precious Metals Corp. | WPM | 5.16% |
| Gold Fields Ltd ADR | EDG.DE | 4.91% |
| Franco-Nevada Corporation | FNV | 4.88% |
| Kinross Gold Corporation | K | 4.37% |
| Pan American Silver Corp. | PAAS | 3.93% |
| Northern Star Resources Limited | NST | 3.21% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $0.6331 | Dec 26, 2025 |
| Dec 23, 2024 | $0.4025 | Dec 24, 2024 |
| Dec 18, 2023 | $0.5001 | Dec 22, 2023 |
| Dec 19, 2022 | $0.4762 | Dec 23, 2022 |
| Dec 20, 2021 | $0.5348 | Dec 27, 2021 |
| Dec 21, 2020 | $0.1899 | Dec 28, 2020 |
News
Gold And Its Miners: The Structural Bull Market Isn't Over
Gold and gold mining ETFs remain a 'buy' as structural drivers—central bank buying, de-dollarization, and fiscal deficits—support sustained high gold prices. Miners like Agnico Eagle, Newmont, and Kin...
Gold And Silver Miners Are Printing Money
Rising gold and silver prices in 2025–2026 have driven a step-change in mining company profits and cash flow. Amplify Junior Silver Miners ETF returned 184.02% in 2025, far outpacing spot metals price...
Gold Mining ETFs Spark Interest Amid Dominant Results
To say that the gold rally has captured significant investor interest over the past few months would likely be no understatement. After all, the precious metal, much like its silver compatriot, is cu...
Safety No Longer? ETF Volatility in China Grips Gold
Gold has always been one of the go-to assets when stomach-churning volatility forces queasy investors into safe havens. However, recent volatility has been challenging that safe haven narrative, and o...
VanEck Gold Miners ETF Appears To Have Peaked
VanEck Gold Miners ETF has soared to all-time highs, but I remain bearish given technical and valuation concerns. GDX is highly concentrated, trades at 3.8x book, and the top ten holdings comprise 57....
My Ultimate Strategy For High Income And Market-Beating Returns
Why index investing is far riskier than it looks. A wildly popular dividend investing strategy may be setting investors up for disappointment. One overlooked approach could completely reshape long-ter...
GDX: Opportune Time To Reduce Gold Miners (Rating Downgrade)
VanEck Gold Miners ETF (GDX) appears to have experienced a blowoff top, resembling the 2011, 1980, and 1974 peaks in precious metals. I believe the recent parabolic move in GDX, with a 300% gain since...
GDX Has Momentum - But It Also Has Expectations
The VanEck Gold Miners ETF benefits from structurally elevated gold prices and disciplined capital allocation among major constituents. GDX's recent outperformance is driven by margin tailwinds - high...
A Near-Perfect Buy-And-Hold Dividend Growth Portfolio For Retirement
Most investors think they must choose between dividend growth and mega-cap tech, but this setup breaks that rule. One overlooked ETF combination quietly solves a major retirement problem. The balance ...
‘Bearish engulfing' patterns are warning you: Don't buy the dip in gold-miner stocks
A bearish technical pattern that appeared in a widely traded gold-mining ETF, as well as in Newmont's stock, is warning investors to think twice before buying the dip.
Final Trade: VST, EEK, MSFT, DRI
The final trades of the day with CNBC's Melissa Lee and the 'Fast Money' traders.
Trump's $1.5 Trillion Defense Budget Is A Huge Gift To My Portfolio
A massive policy shift just sent an unexpected signal to income investors. Some of the biggest winners from Trump's defense budget proposal may not be who everyone thinks they are. My portfolio was bu...
Trade Tracker: Bill Baruch trims the CEF and GDX ETFs
Bill Baruch, founder and president of Blue Line Capital, joins CNBC's “Halftime Report” to explain why he's selling two metals ETFs.
Final Trade: RIO, KBWB, HD, GDX
The final trades of the day with CNBC's Melissa Lee and the 'Fast Money' traders.
I've Never Been More Bullish On This Overlooked De-Dollarization Market Shift
A massive global de-dollarization shift is quietly accelerating beneath the surface. Asset prices are sending a message most investors haven't noticed. I share how my portfolio is changing in response...
Gold's Best Year Since 1979, And Why I'm Upgrading GDX To A Buy Now (Rating Upgrade)
VanEck Gold Miners ETF (GDX) is upgraded from hold to buy, supported by strong technicals and robust 2025 performance. GDX's valuation is compelling, with a 13.1x P/E and a 41% long-term EPS growth fo...
GDXJ Vs. GDX: Why I'm Betting On 'Juniors' With $5,000 Gold On The Horizon
The VanEck Junior Gold Miners ETF (GDXJ) offers higher beta and growth potential versus the VanEck Gold Miners ETF (GDX) amid a bullish gold outlook. GDXJ's diversified portfolio of junior and mid-tie...
10 High Quality ETFs & Stocks To Buy In The Next Market Downturn And Hold Until 2030
By 2030, global trends will be dominated by AI, electrification, renewable energy, and demographic shifts (retired baby boomers), shaping investment opportunities and risks. Equity markets, especially...
'Fast Money' traders share their stock 'shopping lists'
The 'Fast Money' traders share their 'shopping lists' of stocks they are looking to buy in the current market.
Update On Precious Metals
I wrote a blog post on Precious Metals in June 2025, outlining their recent performance and outlook.
Final Trade: GDX, OIH, NFLX, EQT
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
4 Stocks To Buy As Precious Metals Soar
The massive rally in gold hit its first significant pullback in months last week, dipping under $4,000 per troy ounce after touching as high as $4,350.
Gold And GDX: Here's The Price Level Where I'd Buy Again
VanEck Gold Miners ETF (GDX) has surged 144% since March 2024, but now appears overbought after a blistering rally. GDX is rated a hold for long-term investors, with better buying opportunities expect...