QUOTE AND NEWS
Forbes  Mar 26  Comment 
In trading on Thursday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 0.5% on the day.  Components of that ETF showing particular strength include shares of Harmony Gold Mining (HMY), up about 3.7% and shares of IAMGOLD (IAG),...
Forbes  Mar 18  Comment 
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Daily Gold Miners Index Bull 3x Shares (NUGT), which added 13,100,000 units, or a 18.7% increase week over week. ...
Forbes  Mar 12  Comment 
In trading on Thursday, the SPDR S&P Regional Banking ETF (KRE) is outperforming other ETFs, up about 2.1% on the day. Components of that ETF showing particular strength include shares of First Commonwealth Financial (FCF), up about 4.9% and...
Forbes  Mar 10  Comment 
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Daily Gold Miners Index Bull 3x Shares (NUGT), which added 15,000,000 units, or a 27.2% increase week over week. ...
Forbes  Mar 6  Comment 
In trading on Friday, the iShares U.S. Regional Banks ETF (IAT) is outperforming other ETFs, up about 1.1% on the day.  Components of that ETF showing particular strength include shares of Glacier Bancorp (GBCI), up about 2.8% and shares of Texas...
Forbes  Feb 27  Comment 
In trading on Friday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 2.2% on the day.  Components of that ETF showing particular strength include shares of Coeur Mining (CDE), up about 4.7% and shares of Buenaventura (BVN), up...
Market Intelligence Center  Feb 27  Comment 
Market Vectors Gold Miners (GDX) is a good candidate for a covered call at the $20.00 level. The Jun. '15 call at that price should fetch a credit of about $2.14, which means the entire position has a net debit of about $18.82. This trade has...
Benzinga  Feb 23  Comment 
On CNBC's Options Action, Carter Worth spoke about the gold mining sector and he presented his technical analysis on Market Vectors Gold Miners ETF (NYSE: GDX). Worth presented several charts of The Philadelphia Gold and Silver Index and he...
Market Intelligence Center  Feb 18  Comment 
For a hedged play on Market Vectors Gold Miners (GDX) MarketIntelligenceCenter.com's patented trade-picking algorithms selected a Jun. '15 $19.50 covered call for a net debit in the $18.12 area. That is also the break-even price for the covered...
Forbes  Feb 9  Comment 
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Gold Miners ETF (GDX), which added 12,100,000 units, or a 3.7% increase week over week.  Among the largest...




 
TOP CONTRIBUTORS


The Gold Miners ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The Index provides exposure to publicly traded companies worldwide involved primarily in the mining for gold, representing a diversified blend of small-, mid- and large- capitalization stocks. As such, the Fund is subject to the risks of investing in this sector.[1]

Fund Information

  • Fund Manager - Van Eck Funds
  • Inception Date - 05/16/2006
  • Exchange – NYSE Arca
  • Index Ticker – GDX
  • Intra-day NAV Ticker – GDX.IV
  • Expense Ratio – 0.55%

Top Holdings (as of July 23, 2010)[2]

Holdings % of Portfolio
Barrick Gold (ABX) 16.45%
Goldcorp Inc (G) 11.87%
Newmont Mining Corporation (NEM)11.47%
AngloGold Ashanti (AU)5.74%
Kinross Gold (KGC)4.85%
Compania Mina Buenaventura, S.A. (BVN)4.79%
Lihir Gold (LIHR)4.71%
Randgold Resources (GOLD)4.52%
Gold Fields (GFI)4.49%
Agnico-Eagle Mines (AEM)4.39%

Other Gold ETFs

ELEMENTS MLCX Gold Index ETN (GOE) Elements Exchange Traded Notes 0.38%
ETFS Gold ETF (BULL-LSE)ETF Securities0.49%
ETFS Leveraged Gold ETF (LBUL-LSE)ETF Securities0.98%
ETFS Physical Gold ETF (PHAU-LSE)ETF Securities0.39%
ETFS Physical Gold Sterling ETF (PHGP-LSE)ETF Securities0.39%
ETFS Short Gold ETF (SBUL-LSE)ETF Securities0.98%
E-TRACS CMCI Gold ETN (UBG)UBS E-Tracs0.30%
Global Gold and Precious Metals Portfolio ETF (PSAU)Invesco PowerShares0.75%
Horizons BetaPro COMEX Gold Bullion Bear Plus ETF (HBD-TSX)Horizons BetaPro ETFs1.15%
Horizons BetaPro COMEX Gold Bullion Bull Plus ETF (HBU-TSX)Horizons BetaPro ETFs1.15%
Horizons BetaPro S&P/TSX Global Gold Bear Plus ETF (HGD-TSX)Horizons BetaPro ETFs1.15%
Horizons BetaPro S&P/TSX Global Gold Bull Plus ETF (HGU-TSX)Horizons BetaPro ETFs1.15%
iShares CDN Gold Sector Index Fund (XGD-TSX)iShares0.55%
iShares COMEX Gold Trust ETF (IAU)iShares0.40%
Market Vectors Gold Miners ETF (GDX)Van Eck Funds0.55%
PowerShares DB Gold Double Long ETN (DGP)DB Commodity Services0.75%
PowerShares DB Gold Double Short ETN (DZZ)DB Commodity Services0.75%
PowerShares DB Gold Fund (DGL)DB Commodity Services0.75%
PowerShares DB Gold Short ETN (DGZ)DB Commodity Services0.75%
ProShares Ultra Gold ETF (UGL)InvescoPoweshares0.95%
ProShares UltraShort Gold ETF (GLL)ProShares ETFs0.95%

References

  1. - Overview of Market Vectors Gold Miners ETF (GDX)
  2. Van Eck Global: "Gold Miners ETF (GDX)"
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