GDX - VanEck Vectors Gold Miners ETF

NYSEArca - Nasdaq Real Time Price. Currency in USD
21.33
+0.45 (+2.18%)
As of 11:49AM EDT. Market open.
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Previous Close20.87
Open21.07
Bid0.00 x 3100
Ask0.00 x 27000
Day's Range21.06 - 21.42
52 Week Range17.28 - 23.70
Volume10,311,602
Avg. Volume43,500,724
Net Assets10.29B
NAV20.80
PE Ratio (TTM)N/A
Yield0.53%
YTD Return-0.62%
Beta (3Y Monthly)0.22
Expense Ratio (net)0.53%
Inception Date2006-05-16
Trade prices are not sourced from all markets
  • Checking In on Gold Miners Ahead of Their Q1 2019 Results
    Market Realist41 minutes ago

    Checking In on Gold Miners Ahead of Their Q1 2019 Results

    Checking In on Gold Miners Ahead of Their Q1 2019 ResultsGold prices Gold prices have fallen 3.6% this year after falling ~1.9% in 2018, significantly underperforming broader markets. As of April 24, the S&P 500 (SPY), Dow Jones Industrial

  • What Will Investors Look Forward to on Newmont’s Earnings Call?
    Market Realist2 days ago

    What Will Investors Look Forward to on Newmont’s Earnings Call?

    What’s in the Cards for Newmont Mining’s Q1 Results?(Continued from Prior Part)Analysts’ expectations Analysts expect Newmont to report revenues of $1.83 billion for the first quarter. This estimate implies growth of 0.5% year-over-year. Its

  • What’s in the Cards for Newmont Mining’s Q4 Results?
    Market Realist2 days ago

    What’s in the Cards for Newmont Mining’s Q4 Results?

    What’s in the Cards for Newmont Mining’s Q1 Results?Newmont Mining’s earnings Newmont Mining (NEM) is slated to release its Q1 2019 earnings on April 25 before the market opens. It plans to hold a conference call the same day at 9:00 AM ET.

  • InvestorPlace2 days ago

    5 Mining ETFs to Dig Into

    The oft-overlooked materials sector is a cyclical group and a small slice of the broader U.S. equity market, but for tactical investors, there are some compelling opportunities in this group.That includes mining stocks and the related exchange-traded funds (ETFs). Mining ETFs are considered industry funds and many are more volatile than traditional materials ETFs. While materials funds are usually heavily allocated to chemicals makers, investors willing to take on the added volatility associated with mining ETFs can access more focused assets, including precious metals miners, coal, steel and more.Another element investors need to acknowledge with mining ETFs is the array of factors that can affect these investors. Those factors include the strength of the U.S. dollar, international trade deals, geopolitical events and the strength of emerging markets economies.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Oversold Stocks to Run From For investors willing to add some more risk to their portfolios, here are some mining ETFs to consider. VanEck Vectors Gold Miners ETF (GDX)Expense Ratio: 0.53%, or $53 annually per $10,000 investedThe VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) is not just the largest gold miners fund, it is one of the dominant names among mining ETFs of any stripe. Investors that are familiar with GDX and other gold mining ETFs know that simply because spot gold prices are rising, that does not mean miners will join in on that action.However, arguably the biggest risk with gold miners equities is that these stocks will overshoot the declines in spot gold. That scenario is happening right now. The SPDR Gold Shares (NYSEARCA:GLD) is lower by 2.68% this month, but GDX is down 7.78% over the same period and is in danger of falling below its 200-day moving average."The gold stocks are mired in something of a psychological limbo these days," reports Mining.com. "They aren't exactly out of favor, but there's little enthusiasm for this sector. Investors and speculators have largely lost interest for technical, sentimental, and fundamental reasons."Year-to-date, investors have pulled $1.36 billion from GDX. SPDR S&P Metals & Mining ETF (XME)Expense Ratio: 0.35%The SPDR S&P Metals & Mining ETF (NYSEARCA:XME) is a diverse mining ETF. This equal-weight fund, which is nearly 13 years old, targets the S&P Metals and Mining Select Industry Index.The $433.35 million XME "seeks to provide exposure to the metals & mining segment of the S&P TMI, which comprises the following sub-industries: Aluminum, Coal & Consumable Fuels, Copper, Diversified Metals & Mining, Gold, Precious Metals & Minerals, Silver, and Steel," according to State Street.XME holds just 29 stocks, more than half of which are steelmakers. Domestic steel stocks have benefited from the White House's tariff's on foreign steel, but that news has already been baked into those stocks. * 10 Stocks to Sell Before They Give Back 2019 Gains XME is a credible mining ETF for tactical traders with elevated risk tolerance. Over the past three years, this mining ETF's average annualized volatility was 27.30%, or 1,200 points above the same metric on the S&P 500 Materials Index. Global X Lithium & Battery Tech ETF (LIT) Expense Ratio: 0.75%The Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) is often viewed as more of a thematic fund than a dedicated mining ETF, but several of LIT's 39 holdings actually do mine and produce lithium. While LIT has been a roller coaster ride for a while now, as highlighted by a 12-month loss of 15%, this is arguably one of the more compelling mining ETFs.Traditional mining ETFs focus on companies that are engaged in old school industries, such as coal mining and steel production. Conversely, LIT is at the epicenter of some futuristic trends, including the global shift to electric vehicles, which are powered by lithium-ion batteries."Battery metals tracker Adamas Intelligence says that in February 2019, 76% more lithium carbonate equivalent (LCE) was deployed worldwide in batteries of new electric, plug-in hybrid and hybrid electric passenger vehicles compared to the same month last year," reports Mining.com. "The Dutch-Canadian research company, which tracks EV registrations and battery chemistries in more than 80 countries, says among all metals and materials found in EV battery cathodes, lithium use saw the greatest gains."With electric vehicles just a few years away from meeting traditional automobiles in terms of price synergies, LIT is one of the most compelling mining ETFs in terms of favorable long-term fundamentals. Invesco S&P SmallCap Materials ETF (PSCM)Expense Ratio: 0.29%As its name implies, the Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) is a materials fund, not a dedicated mining ETF, but the fund does have some mining exposure and represents a solid choice for investors looking for mining exposure without the commitment of a fund explicitly dedicated to this industry.PSCM's 34 member firms "are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals," according to Invesco. * 7 Renewable Energy Stocks to Buy for Sunny Long-Term Returns More than 17% of PSCM's holdings are considered mining companies. Nearly 36% of the mining ETF's components are classified as value stocks while more than 29% are considered growth stocks. PSCM is beating the large-cap XLB by nearly 800 basis points YTD. Global X Silver Miners ETF (SIL) Expense Ratio: 0.65%Many of the same dynamics that apply to gold and gold mining ETFs apply to silver and the related miners. That makes sense because silver often follows gold in either direction. Currently, that is problematic for the Global X Silver Miners ETF (NYSEARCA:SIL), which is lower by nearly 11% this month.What is concerning about SIL's price action this year and that of silver itself is that the global economy is mostly strong. That should benefit silver because about half the demand for the white metal is industrial demand. Additionally, some market observers argue that the silver market is not in a supply deficit despite reports to the contrary. If there were a legitimate supply deficit, then silver and the related mining ETFs would likely be displaying better price action.For the seven trading sessions ending Tuesday, April 23, SIL closed lower on six of those days and now resides about 5.50% below its 200-day moving average. This is a mining ETF for traders to keep on their radars, but being in it right now is a risky bet at best.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Oversold Stocks to Run From * 7 Red-Hot E-Commerce Stocks to Consider * 4 Stocks Surging on Earnings Surprises Compare Brokers The post 5 Mining ETFs to Dig Into appeared first on InvestorPlace.

  • Newmont and Goldcorp Merger Could Create Shareholder Value
    Market Realist4 days ago

    Newmont and Goldcorp Merger Could Create Shareholder Value

    Newmont and Goldcorp Merge, Form World’s Largest Gold Company(Continued from Prior Part)World’s largest gold-mining company The completion of the Newmont Mining (NEM) and Goldcorp (GG) merger on April 18 created the world’s largest gold

  • Advisers can vaporize your money but have no insurance to pay you back
    MarketWatch6 days ago

    Advisers can vaporize your money but have no insurance to pay you back

    The worst nightmare for individual investors is a financial adviser who loses a big chunk of their life savings on a wild bet. This coverage is designed to pay off investment clients whose advisers make mistakes, choose unsuitable investments, or simply execute dumb decisions that cost investors a significant amount of money. Unfortunately, when RIAs decide to save money by skipping E&O insurance, the people who pay the price for investing mistakes are too often the clients, not the firms.

  • ETF Trends10 days ago

    Gold Retreats, but Analysts Remain Steadfast in Precious Metal

    Amid first-quarter earnings thus far, gold has taken a back seat with the precious metal falling one percent on Tuesday to settle at a price of $1,274.31 as of 12:45 p.m. ET. Last week, gold fell ahead of first-quarter earnings season as the dollar gained while the precious metal slumped to its lowest level of the month last Thursday. Gold fell 1.23 percent at the close of Thursday’s trading session to settle at a price of $1.295.15.

  • Will Yamana’s Chapada Mine Sale Improve Its Shareholder Returns?
    Market Realist11 days ago

    Will Yamana’s Chapada Mine Sale Improve Its Shareholder Returns?

    Will Yamana’s Chapada Mine Sale Improve Shareholder Returns?(Continued from Prior Part)Dividends to doubleYamana Gold (AUY) announced today that it has agreed to sell its Chapada mine to Lundin Gold (LUNMF) for $1 billion. Due to this

  • Deutsche Bank Upgraded Barrick Gold
    Market Realist11 days ago

    Deutsche Bank Upgraded Barrick Gold

    Why Is Deutsche Bank Bullish on Gold?(Continued from Prior Part)Deutsche Bank upgraded Barrick Gold Barron’s reported that Deutsche Bank (DB) analyst Chris Terry has increased gold’s (GLD) (IAU) target price to $1,350 per ounce for 2019. Due to

  • Gold prices settle at a nearly 2-week high
    MarketWatch17 days ago

    Gold prices settle at a nearly 2-week high

    Gold futures settle at their highest in nearly two weeks on Tuesday, logging a second straight finish above $1,300 as weakness in the U.S. dollar and concerns over global growth provide a runway higher for the precious metal.

  • ETF Trends18 days ago

    Gold Miners ETFs Pop as Precious Metals Strengthen Off a Weaker Dollar

    Gold miner stocks and sector-related ETFs strengthened Monday as gold prices climbed to a more-than-one-week high on a weakening U.S. dollar in response to data showing U.S. wage growth slowed last month. ...

  • ETF Trends18 days ago

    Gold ETFs Tick Higher as China Adds More Precious Metals to Reserves

    Despite news of a trade deal swirling with the U.S., China is shoring up its reserves of gold amid a slowing economy. This could help exchange-traded funds (ETFs) like the  SPDR Gold Shares (GLD) and SPDR Gold MiniShares (GLDM) . Per a Bloomberg report, the "People’s Bank of China raised reserves to 60.62 million ounces in March from 60.26 million a month earlier, according to data on its website on Sunday." Furthermore, the world's second largest economy has been adding more gold to its reserves for a fourth straight month.

  • Wall Street Ratings: Gauging Gold Miners’ Upside Potentials
    Market Realist22 days ago

    Wall Street Ratings: Gauging Gold Miners’ Upside Potentials

    How Gold and Gold Miners Performed in Q1(Continued from Prior Part)Agnico Eagle Mines and IAMGOLD Among senior and intermediate gold miners (GDX) (GDXJ), analysts are most bullish on Agnico Eagle Mines (AEM). It has 83% “buy” and 17% “hold”

  • Yamana and Agnico Eagle: Is There More Upside in 2019?
    Market Realist23 days ago

    Yamana and Agnico Eagle: Is There More Upside in 2019?

    How Gold and Gold Miners Performed in Q1(Continued from Prior Part)Yamana and Agnico Eagle Yamana Gold (AUY) and Agnico Eagle Mines (AEM) outperformed the Gold Miners Index (GDX) and gold (GLD) in the first quarter of 2019, gaining 10.6% and 7.7%,

  • Newmont Stock Will Take Cues from Its Goldcorp Merger Execution
    Market Realist23 days ago

    Newmont Stock Will Take Cues from Its Goldcorp Merger Execution

    How Gold and Gold Miners Performed in Q1(Continued from Prior Part)Newmont’s underperformance Newmont Mining (NEM) stock returned 3.2% in the first quarter, almost half the gains in the VanEck Vectors Gold Miners ETF (GDX) in the same period. It

  • What Will Be Key to Barrick Gold’s Performance in 2019?
    Market Realist24 days ago

    What Will Be Key to Barrick Gold’s Performance in 2019?

    How Gold and Gold Miners Performed in Q1(Continued from Prior Part)Barrick Gold’s underperformance Barrick Gold (GOLD) underperformed its senior and intermediate peers (NUGT) (GDXJ) as well as the broader benchmark index (GDX) during the first

  • How Gold and Gold Miners Performed in Q1
    Market Realist24 days ago

    How Gold and Gold Miners Performed in Q1

    How Gold and Gold Miners Performed in Q1Gold’s first-quarter performance Gold prices (GLD) gained just 0.6% in the first quarter compared to the gain of 13% in the S&P 500 Index (SPY) and the gains of 11.1% and 16.5%, respectively, recorded by

  • ETF Trends25 days ago

    Gold ETFs Fall, but Late-Year Rally Could Be Ahead

    Gold faced downward pressure on Monday, but precious metals consultancy Metals Focus said in its latest Gold Focus 2019 report that a rally towards the end of 2019 could be ahead. The Dow Jones Industrial ...

  • MoneyShow25 days ago

    A Rosy Picture for Gold Miners

    Gold bottomed in 2013, it's now in a renewed 6 month rise and it's not so far away from its record highs. And with its leading indicator rising from the lows, it's painting a rosy picture for gold, asserts Mary Anne and Pamela Aden, editors of The Aden Forecast.

  • What Wall Street Expects from Newmont after the Goldcorp Merger
    Market Realist29 days ago

    What Wall Street Expects from Newmont after the Goldcorp Merger

    Wall Street Is Loving these Five Gold Stocks Lately(Continued from Prior Part)Analysts’ ratings According to Thomson Reuters, of the 15 analysts covering Newmont Mining (NEM), 67.0% have given the stock a “buy” rating, 20.0% say “hold,”

  • Why Wheaton Precious Metals Is Still Analysts’ Top Gold Bet
    Market Realistlast month

    Why Wheaton Precious Metals Is Still Analysts’ Top Gold Bet

    Wall Street Is Loving these Five Gold Stocks Lately(Continued from Prior Part)Analysts’ ratings for WPMAmong major gold (GLD)(IAU) mining and gold streaming companies (GOAU), Wheaton Precious Metals (WPM) is analysts’ favorite and has received

  • The Five Gold Stocks Wall Street Is Loving Lately
    Market Realistlast month

    The Five Gold Stocks Wall Street Is Loving Lately

    Wall Street Is Loving these Five Gold Stocks Lately(Continued from Prior Part)Gold miners’ leveraged performanceGold miners usually act as a leveraged play on gold prices. In 2018, the VanEck Vectors Gold Miners ETF (GDX) fell 9.3%, amplifying the

  • Yamana Gold: Why Wall Street Says ‘Buy’
    Market Realistlast month

    Yamana Gold: Why Wall Street Says ‘Buy’

    Wall Street Is Loving these Five Gold Stocks Lately(Continued from Prior Part)Analysts’ recommendationsAccording to the consensus compiled by Thomson Reuters, 69% of analysts covering Yamana Gold (AUY) have recommended “buys” on its stock

  • Can IAMGOLD Hold On to Positive Wall Street Sentiment in 2019?
    Market Realistlast month

    Can IAMGOLD Hold On to Positive Wall Street Sentiment in 2019?

    Wall Street Is Loving these Five Gold Stocks Lately(Continued from Prior Part)Analysts’ ratings for IAG IAMGOLD (IAG) comes third, after Wheaton Precious Metals (WPM) and Agnico Eagle Mines (AEM), as far as the most “buy” ratings for gold

  • Do Analysts Want You to Buy Agnico Eagle Mines?
    Market Realistlast month

    Do Analysts Want You to Buy Agnico Eagle Mines?

    Wall Street Is Loving these Five Gold Stocks Lately(Continued from Prior Part)Analysts’ ratings for Agnico Eagle MinesCurrently, 18 analysts are covering Agnico Eagle Mines (AEM), as per the consensus compiled by Thomson Reuters. AEM’s stock