The top 3 holdings in GDX are off by about .5% to 1.3%, yet GDX is down about 1.7%. In the last 30 days GDX has dropped 11.5% while gold only dropped 2%. Normally GDX trails metals by about 3-1 not 6-1, either
Look at the 3 biggest components of GDX up almost 2% each, this thing should be flying today, also last time Gold was at 1200$, GDX was 20.75 exactly a month ago today. This is truly a P.O.S.!!!!!!!!!!!