QUOTE AND NEWS
Forbes  Jan 23  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 18,200,000 units, or a 6.1% increase week over week.  Among the largest...
Market Intelligence Center  Jan 16  Comment 
After closing Thursday at $21.48, Market Vectors Gold Miners (GDX) presents an attractive opportunity to get a 9.11% return in just 154 days, which is an annualized return of 21.59% (for comparison purposes only). To enter this trade, sell one...
Forbes  Jan 15  Comment 
In trading on Thursday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 6.3% on the day.  Components of that ETF showing particular strength include shares of Goldcorp (GG), up about 11.1% and shares of Newmont Mining (NEM), up...
Forbes  Jan 13  Comment 
In trading on Tuesday, the First Trust NYSE Arca Biotechnology Index Fund ETF (FBT) is outperforming other ETFs, up about 2.2% on the day.  Components of that ETF showing particular strength include shares of Pharmacyclics (PCYC), up about 19.3%...
Forbes  Jan 6  Comment 
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Gold Miners ETF (GDX), where 3,750,000 units were destroyed, or a 1.2% decrease week over week.  Among the...
Forbes  Dec 29  Comment 
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Gold Miners ETF (GDX), where 12,500,000 units were destroyed, or a 4.0% decrease week over week.  Among the...
Market Intelligence Center  Dec 29  Comment 
Market Vectors Gold Miners (GDX) is an excellent choice for either a diagonal spread or a covered call expiring in Jun. '15 at the $17.00 level according to MarketIntelligenceCenter.com's patented algorithms. A covered call on Market Vectors Gold...
Benzinga  Dec 26  Comment 
The Market Vectors Gold Miners ETF (NYSE: GDX) was up 2.03 percent Friday morning, while the SPDR Gold Trust (ETF) (NYSE: GLD) lagged, up 1.66 percent. Traders may want to take note of the disparity between ETFs which hold gold stocks versus...
Market Intelligence Center  Dec 19  Comment 
After Thursday's trading in Market Vectors Gold Miners (GDX) MarketIntelligenceCenter.com's patented algorithms uncovered a trade that offers a 10.41% return or 20.88% on an annualized basis (for comparison purposes only), while providing 15.51%...




 
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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