QUOTE AND NEWS
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...
Forbes  Feb 6  Comment 
In trading on Friday, the iShares U.S. Regional Banks ETF (IAT) is outperforming other ETFs, up about 1.9% on the day.  Components of that ETF showing particular strength include shares of Regions Financial (RF), up about 4.6% and shares of...
Market Intelligence Center  Feb 2  Comment 
The patented option-trade picking algorithms that power MarketIntelligenceCenter.com's Artificial Intelligence Center are highlighting two trades on Market Vectors Gold Miners (GDX) today after it closed at $22.29 on Friday. For more conservative...
Benzinga  Jan 31  Comment 
CNBC Fast Money's Tim Seymour suggested on the show that ConocoPhillips (NYSE: COP) has bottomed. He thinks that it is time to buy the stock. Brian Kelly believes that Lockheed Martin Corporation (NYSE: LMT) is a buy. Steve Grasso wants to buy...
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%...




 
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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