VanEck Gold Miners ETF (GDX)
| Assets | $28.98B |
| Expense Ratio | 0.51% |
| PE Ratio | 28.06 |
| Shares Out | 313.20M |
| Dividend (ttm) | $0.63 |
| Dividend Yield | 0.62% |
| Ex-Dividend Date | Dec 222025 |
| Payout Frequency | Annual |
| Payout Ratio | 19.81% |
| Volume | 7,982,867 |
| Open | 102.27 |
| Previous Close | 102.89 |
| Day's Range | 101.85 - 103.07 |
| 52-Week Low | 38.58 |
| 52-Week High | 113.50 |
| Beta | 0.65 |
| Holdings | 52 |
| Inception Date | May 222006 |
About GDX
Fund Home PageThe VanEck Gold Miners ETF (GDX) is an exchange-traded fund that is based on the MarketVector Global Gold Miners indexa market-cap-weighted index of global companies tied to gold and silver mining activities. GDX was launched on May 222006 and is issued by VanEck.
Top 10 Holdings
57.39% of assets| Name | Symbol | Weight |
|---|---|---|
| Agnico Eagle Mines Limited | AEM | 9.29% |
| Newmont Corporation | NEM | 8.92% |
| Barrick Mining Corporation | ABX | 6.82% |
| AngloGold Ashanti plc | AU | 5.32% |
| Gold Fields Ltd ADR | EDG.DE | 5.18% |
| Wheaton Precious Metals Corp. | WPM | 5.17% |
| Franco-Nevada Corporation | FNV | 4.81% |
| Kinross Gold Corporation | K | 4.58% |
| Pan American Silver Corp. | PAAS | 3.77% |
| Northern Star Resources Limited | NST | 3.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 222025 | $0.6331 | Dec 262025 |
| Dec 232024 | $0.4025 | Dec 242024 |
| Dec 182023 | $0.5001 | Dec 222023 |
| Dec 192022 | $0.4762 | Dec 232022 |
| Dec 202021 | $0.5348 | Dec 272021 |
| Dec 212020 | $0.1899 | Dec 282020 |
Performance
GDX had a total return of 153.52% in the past yearincluding dividends. Since the fund's inceptionthe average annual return has been 6.27%.
News
VanEck Gold Miners ETF Appears To Have Peaked
VanEck Gold Miners ETF has soared to all-time highsbut I remain bearish given technical and valuation concerns. GDX is highly concentratedtrades at 3.8x bookand 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 topresembling the 20111980and 1974 peaks in precious metals. I believe the recent parabolic move in GDXwith 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 techbut 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 ETFas well as in Newmont's stockis warning investors to think twice before buying the dip.
Final Trade: VSTEEKMSFTDRI
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 Baruchfounder and president of Blue Line Capitaljoins CNBC's “Halftime Report” to explain why he's selling two metals ETFs.
Final Trade: RIOKBWBHDGDX
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 1979And Why I'm Upgrading GDX To A Buy Now (Rating Upgrade)
VanEck Gold Miners ETF (GDX) is upgraded from hold to buysupported by strong technicals and robust 2025 performance. GDX's valuation is compellingwith 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 2030global trends will be dominated by AIelectrificationrenewable energyand demographic shifts (retired baby boomers)shaping investment opportunities and risks. Equity marketsespecially...
'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 2025outlining their recent performance and outlook.
Final Trade: GDXOIHNFLXEQT
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 weekdipping 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 2024but now appears overbought after a blistering rally. GDX is rated a hold for long-term investorswith better buying opportunities expect...
GDX Strikes It Rich49%-Yielding GDXY Strikes Out
The VanEck Gold Miners ETF is a diversified bet on gold miners. The YieldMax Gold Miners Option Income Strategy ETF adds a layer of very attractive weekly cash distributions on top of diversified gold...
Why Midstream Is Now My Highest Conviction Buy After Gold And Silver's Big Run
My last highest conviction buy - Goldgold minersand silver - has delivered phenomenal returns for me in recent months and years. I detail why midstream is now my highest conviction buy after the s...
4 ETFs To Consider Buying For The Q4 Gold Rally
Right nowall eyes are on stocks. Tech stockschip stocksAI stocksyou name it.
GDX ETF stock analysis: is it too late to buy gold mining stocks?
The VanEck Gold Miners ETF (GDX) has been in a relentless bull run this year and is trading at its all-time high. GDX was trading at $80up by 135% from its January lows and The ETF has jumped in th...
Final Trade: GDXPFEGFSBMY
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Final Trade: CERTGDXIWMMPC
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
The Near-Perfect Portfolio Of 3-13% Yields For The Fed's Rate Cuts
The Fed just cut rates. I share a portfolio of 3-13% yielding investments that are well-positioned for the expected impacts of Fed rate cuts. I also share what I am avoiding right now.
GDXY: Cash Flow Maximizes At The Peaks Of GDX
An opportunistic vehicle to extract cash flow from miners. GDXY synthesizes exposure to GDXand extracts premiums from covered call strategies. Today distributions exceed 40%and it is benefiting fr...
Why Nvidia Is Getting 'Butt-Kicked' By Gold Miners: Larry McDonald
In the cutthroat arena of Wall Streetwhere tech titans like Nvidia Corp NVDA once reigned supreme with AI-fueled rocket ridesa gritty gang of gold miners is now delivering a merciless pummeling. M...
Stock Picks From Seeking Alpha's August 2025 New Analysts
In AugustSeeking Alpha welcomed 26 new analysts. This article introduces them and showcases some of their top picks. Analysts highlighted include The J Thesisrecommending PayPal; Ihor Pohkytonon...
Fast Money: OLLIBIDUMETAGDX
The final trades of the day with the Fast Money traders.
Gold Miners Enter A New Golden Age: Why GDX And GDXJ Remain Buys
Gold miners are experiencing a golden agewith improving balance sheetsrising dividendsand buybacksdriven by record-high gold prices. Central bank buyinggeopolitical turmoiland anticipated ...
VanEck Gold Miners ETF: Leveraged Play On Gold In An Uncertain World
GDX offers leveraged exposure to gold pricesoutperforming physical gold ETFs due to operational leverage and strong mining margins amid global uncertainty. Political instabilityde-dollarizationa...
GDX Vs. IAU: Gold Miners Are Catching Up
The lag between miners' profits and gold prices is narrowingjudging by the updated financials reported by leading stocks in GDX. Recent earnings show leading miners like NEM and AEM have rising marg...
Final Trade: LLYULTAAAPLGDX
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Final Trade: BSYGDXMNDYGILD
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Final Trade: GDXCSCOINTCGLD
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Carter Worth charts gold's next move as metal hits fresh records
Carter WorthWorth Chartingjoins 'Fast Money' to discuss what's next for gold as the precious metal hits a record high.
Final Trade: GOOGLUNHINTCGDX
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Rare Buying Opportunities: Deeply Undervalued With Big Upside Catalysts
It is rare to find stocks that are both deeply undervalued and have powerful near-term upside catalysts. We share two of them in this article. We detail why the market is discounting them and why this...
My 2 Highest-Conviction Investments Right Now
An investment must pass two key tests to qualify as a high conviction pick for me. I share my two highest conviction investments right now. I detail why they are my highest conviction investments.
GDXY: How YieldMax Turns GDX Into Cash Flow
GDXY ETF generates monthly income by selling options on GDXbalancing synthetic covered calls and Treasuries for stability and yield. The fund benefits from higher implied volatility and a weaker dol...
One Of The Biggest Investment Opportunities Wall Street Overlooks
Gold is boomingbut the real story isn't macro. It's a supply crisis. Flat outputfalling ore gradesand soaring costs are the real game-changers. Despite record marginsminers aren't boosting out...
GDX: The Most Attractive Multiple Of The Last 40 Years
The GDX ETF has strong performance compared to gold ETFs or even ETFs from other sectors of the economy. The fundamentals of revenue growth and cash flow are the pillars behind performance. Valuations...
GDX: Solid ValuationBut Technical Warning Signs EmergeWeak Seasonality On Tap
I reiterate my Hold rating on GDX after a powerful rallyas gold miners face mixed near-term technical and seasonal signals. GDX has outperformed the S&P 500 YTDbut momentum is cooling and August-S...
4 Popular Dividends For The Geopolitical Conflicts Unfolding Now
Let's talk about oil and gold dividends. Whether or not the new peace in the Middle East holdsthere are some high-quality dividends worth owning anytime.

