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About VanEck Gold Miners ETF
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Inception date
May 16, 2006
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
ISIN
US92189F1066
GDX is a leading, liquid fund in the gold mining ETF space, originally focused on US gold miners. In 2013, it expanded to track global gold companies via the NYSE Arca Gold Miners Index. On Sept. 22, 2025, another index change, expanding the exposure again to include both gold and silver mining, royalties, or streaming globally. The index selects top securities by free-float market cap, covering at least 85% of industry market cap and including at least 25 components. Companies from certain countries are excluded due to investment restrictions. Holdings are weighted by adjusted market cap, with a 20% cap per company, and the index is reconstituted and rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Non-Energy Minerals
Stocks100.26%
Non-Energy Minerals99.27%
Finance0.73%
Bonds, Cash & Other−0.26%
Cash−0.26%
Stock breakdown by region
North America70.90%
Oceania10.59%
Africa7.17%
Europe6.64%
Asia3.72%
Latin America1.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
VEF5 invests in stocks. The fund's major sectors are Non-Energy Minerals, with 99.53% stocks, and Finance, with 0.73% of the basket. The assets are mostly located in the North America region.
VEF5 top holdings are Agnico Eagle Mines Limited and Newmont Corporation, occupying 7.91% and 6.91% of the portfolio correspondingly.
VEF5 last dividends amounted to 0.39 EUR. The year before, the issuer paid 0.46 EUR in dividends, which shows a 18.34% decrease.
Yes, VEF5 pays dividends to its holders with the dividend yield of 0.54%. The last dividend (Dec 24, 2024) amounted to 0.39 EUR. The dividends are paid annually.
VEF5 shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on May 16, 2006, and its management style is Passive.
VEF5 expense ratio is 0.51% meaning you'd have to pay 0.51% of your investment to help manage the fund.
VEF5 follows the MarketVector Global Gold Miners Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
VEF5 invests in stocks.