GDX
VanEck Gold Miners ETF (GDX)
GDX (VanEck Gold Miners ETF) charges a 0.51% expense ratio. On a $10,000 investment that is about $51.00 per year in fund fees, or about $510 per year on $100,000. The fee is deducted automatically from the fund's value, not billed separately. See how expense ratios work →
Performance (data as of Jul 26, 2026): YTD -12.4% · 1-year +39.0% · 3-year +35.1% annualized · 5-year +19.4% annualized. Dividend yield 0.84%. $22.8B in assets. Past performance does not guarantee future results.
Top holdings: Agnico Eagle Mines Ltd 10.5%, Newmont Corp 10.5%, Barrick Mining Corp 8.0%, Wheaton Precious Metals Corp 5.5%, Anglogold Ashanti PLC 5.1%, Franco-Nevada Corp 4.8%, Kinross Gold Corp 4.4%, Gold Fields Ltd ADR 4.0%, Pan American Silver Corp 3.0%, Northern Star Resources Ltd 2.7%. Weights shift over time; the interactive section below tracks the current mix.
GDX is a bet on gold with the volume turned up. Miners earn the spread between the gold price and the cost of digging, so a 10% move in gold has historically become a 20-30% move in the miners, in both directions. That operating leverage is the whole reason to choose GDX over a bullion fund, and the whole reason to size it carefully. The 0.51% fee also buys company-specific risk (management, mines, costs) that bullion never has. Investors who just want gold's price are usually looking for GLD or GLDM instead. Past performance does not guarantee future results.
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Editorial opinion based on documented fund characteristics, not personalized investment advice. ETF BFF is not a registered investment advisor.
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📈 Performance history
Annualized where notedReturns are price-based and exclude dividend reinvestment. Total return will typically be higher by approximately the fund's annual yield. Past performance does not guarantee future results.
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❓ Questions people actually ask about this ETF
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GDX's expense ratio is 0.51% per year. On a $10,000 investment, that is roughly $51.00 per year in fund fees, automatically deducted from the fund's NAV, not billed separately. What expense ratios cover, and what a good one looks like →
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GDX is a bet on gold with the volume turned up. Miners earn the spread between the gold price and the cost of digging, so a 10% move in gold has historically become a 20-30% move in the miners, in both directions. That operating leverage is the whole reason to choose GDX over a bullion fund, and the whole reason to size it carefully. The 0.51% fee also buys company-specific risk (management, mines, costs) that bullion never has. Investors who just want gold's price are usually looking for GLD or GLDM instead. Past performance does not guarantee future results. Past performance does not guarantee future results. Educational only, not personalized investment advice. ETF BFF is not a registered investment advisor.
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GDX returned +39.0% over the trailing 12 months. Past performance does not guarantee future results. ETF returns fluctuate with market conditions. Educational only, not personalized investment advice.
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GDX (VanEck Gold Miners ETF) has $22.8B in assets under management. AUM is a measure of fund size and liquidity. Larger funds generally have tighter bid-ask spreads and are less likely to close. It is not a measure of quality or expected returns.
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GDX has a trailing 12-month dividend yield of 0.84%. ETF dividends are paid to shareholders based on distributions collected from the underlying holdings. Dividend payments are not guaranteed and can vary each quarter based on fund holdings and market conditions. Educational only, not personalized investment advice.
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Use the ETF BFF comparison tool at etfbff.com/research/compare/ to run a side-by-side analysis of GDX against similar ETFs, covering expense ratios, holdings overlap, performance history, and our plain-English verdict on which one fits your goals.
All answers are educational and general in nature, not personal financial advice. Always verify data with the fund issuer and do your own research before investing.