Gold Miners ETF
VanEck Gold Miners UCITS ETF | GDX
Gold Miners ETF
VanEck Gold Miners UCITS ETF | GDX
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NAV$34.66
as of 01 Dec 2023 -
YTD RETURNS10.18%
as of 01 Dec 2023 -
Total Net Assets$778.0 million
as of 01 Dec 2023 -
Total Expense Ratio0.53%
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Inception Date25 Mar 2015
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SFDR ClassificationArticle 6
Overview
Fund Description
Glittering through good and bad times, gold has proved the ultimate hedge against uncertainty. The VanEck Gold Miners UCITS ETF invests in gold and silver miners’ stocks, which have prices strongly correlated with the gold price.
- Gold is often seen as an investment safe haven
- Gold miners provide the advantages of both physical gold and revenue generating companies
- Spread portfolio risks
- Possible protection against inflation
- Gold miners have historically provided leveraged exposure to gold prices
Risk Factors: Risk of investing in natural resources companies, industry or sector concentration risk, risk of investing in smaller companies. Please refer to the
and the Prospectus for other important information before investing.
Underlying Index
NYSE Arca Gold Miners Index (GDMNTR)