VanEck Junior Gold Miners ETF
ETF
GDXJ
Price as of:
$44.37
+ $0.34
+ 0.77%
Primary Theme
fund company
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
16.1%
1 yr return
17.1%
3 Yr Avg Return
4.4%
5 Yr Avg Return
3.9%
Net Assets
$5.04 B
Holdings in Top 10
41.3%
52 WEEK LOW AND HIGH
$44.0
$31.12
$55.35
Expenses
OPERATING FEES
Expense Ratio 0.52%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 24.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
GDXJ - Profile
Distributions
- YTD Total Return 16.1%
- 3 Yr Annualized Total Return 4.4%
- 5 Yr Annualized Total Return 3.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.84%
- Dividend Yield 0.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVanEck Junior Gold Miners ETF
-
Fund Family NameVANECKFUND
-
Inception DateNov 11, 2009
-
Shares Outstanding101437446
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPeter Liao
Fund Description
The Fund normally invests at least 80% of its total assets in securities that comprise the Fund’s benchmark index. The Fund will normally invest at least 80% of its total assets in companies that are involved in the gold mining industry (the “80% policy”). To be initially eligible for the Junior Gold Miners Index, companies must generate at least 50% of their revenues from gold and/or silver
mining/royalties/streaming or have mining projects with the potential to generate at least 50% of their revenues from gold and/or silver when developed. Such companies may include small- and medium-capitalization companies and foreign issuers. As of December 31, 2023, the Junior Gold Miners Index included 89 securities of companies with a market capitalization range of between approximately $55.1 million and $7.4 billion and a weighted average market capitalization of $3.2 billion. These amounts are subject to change. The Fund’s 80% policy is non-fundamental and may be changed without shareholder approval upon 60 days’ prior written notice to shareholders.
The Fund, using a “passive” or indexing investment approach, attempts to approximate the investment performance of the Junior Gold Miners Index by investing in a portfolio of securities that generally replicates the Junior Gold Miners Index. Unlike many investment companies that try to “beat” the performance of a benchmark index, the Fund does not try to “beat” the Junior Gold Miners Index and does not seek temporary defensive positions that are inconsistent with its investment objective of seeking to replicate the Junior Gold Miners Index. As of December 31, 2023, approximately 92.53% of the Junior Gold Miners Index was comprised of securities of gold mining companies.
The Fund is classified as a non-diversified fund under the Investment Company Act of 1940, as amended (the “Investment Company Act of 1940”), and, therefore, may invest a greater percentage of its assets in a particular issuer. The Fund may concentrate its investments in a particular industry or group of industries to the extent that the Junior Gold Miners Index concentrates in an industry or group of industries. As of December 31, 2023, each of the gold mining and silver mining industries represented a significant portion of the Fund.
GDXJ - Performance
Return Ranking - Trailing
| Period | GDXJ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.1% | -34.4% | 25.0% | 26.15% |
| 1 Yr | 17.1% | -30.9% | 22.6% | 29.23% |
| 3 Yr | 4.4%* | -25.2% | 8.5% | 27.69% |
| 5 Yr | 3.9%* | -2.3% | 9.2% | 84.38% |
| 10 Yr | 7.5%* | -3.1% | 10.1% | 20.75% |
* Annualized
Return Ranking - Calendar
| Period | GDXJ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.3% | -19.2% | 10.1% | 24.62% |
| 2022 | -15.0% | -32.9% | -1.3% | 61.54% |
| 2021 | -22.7% | -51.0% | 70.4% | 95.38% |
| 2020 | 28.3% | 10.6% | 63.4% | 40.63% |
| 2019 | 39.8% | -1.0% | 54.7% | 46.55% |
Total Return Ranking - Trailing
| Period | GDXJ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.1% | -34.4% | 25.0% | 26.15% |
| 1 Yr | 17.1% | -30.9% | 22.6% | 29.23% |
| 3 Yr | 4.4%* | -25.2% | 8.5% | 27.69% |
| 5 Yr | 3.9%* | -2.3% | 9.2% | 84.38% |
| 10 Yr | 7.5%* | -3.1% | 10.1% | 20.75% |
* Annualized
Total Return Ranking - Calendar
| Period | GDXJ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.1% | -19.2% | 12.3% | 30.77% |
| 2022 | -14.5% | -32.9% | 2.7% | 67.69% |
| 2021 | -21.3% | -23.6% | 80.2% | 96.92% |
| 2020 | 30.4% | 10.6% | 70.6% | 50.00% |
| 2019 | 40.4% | 0.7% | 58.5% | 44.83% |
GDXJ - Holdings
Concentration Analysis
| GDXJ | Category Low | Category High | GDXJ % Rank | |
|---|---|---|---|---|
| Net Assets | 5.04 B | 12.9 M | 14 B | 3.08% |
| Number of Holdings | 88 | 22 | 268 | 20.00% |
| Net Assets in Top 10 | 2.3 B | 11.1 M | 9.64 B | 3.08% |
| Weighting of Top 10 | 41.28% | 31.4% | 87.4% | 81.54% |
Top 10 Holdings
- Alamos Gold Inc 6.62%
- Pan American Silver Corp 6.31%
- Harmony Gold Mining Co Ltd 6.23%
- Evolution Mining Ltd 6.02%
- B2Gold Corp 5.04%
- Hecla Mining Co 2.44%
- Endeavour Mining PLC 2.44%
- Industrias Penoles SAB de CV 2.13%
- Osisko Gold Royalties Ltd 2.03%
- Zhaojin Mining Industry Co Ltd 2.02%
Asset Allocation
| Weighting | Return Low | Return High | GDXJ % Rank | |
|---|---|---|---|---|
| Stocks | 99.95% | 79.45% | 119.48% | 13.85% |
| Cash | 1.07% | 0.00% | 13.94% | 53.85% |
| Preferred Stocks | 0.00% | 0.00% | 0.71% | 29.23% |
| Other | 0.00% | -1.52% | 17.99% | 69.23% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 29.23% |
| Bonds | 0.00% | 0.00% | 3.33% | 35.38% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GDXJ % Rank | |
|---|---|---|---|---|
| Basic Materials | 100.00% | 93.10% | 100.00% | 16.92% |
| Utilities | 0.00% | 0.00% | 0.02% | 32.31% |
| Technology | 0.00% | 0.00% | 0.19% | 32.31% |
| Real Estate | 0.00% | 0.00% | 0.00% | 29.23% |
| Industrials | 0.00% | 0.00% | 4.56% | 36.92% |
| Healthcare | 0.00% | 0.00% | 0.00% | 29.23% |
| Financial Services | 0.00% | 0.00% | 0.14% | 30.77% |
| Energy | 0.00% | 0.00% | 2.88% | 33.85% |
| Communication Services | 0.00% | 0.00% | 0.00% | 29.23% |
| Consumer Defense | 0.00% | 0.00% | 0.00% | 29.23% |
| Consumer Cyclical | 0.00% | 0.00% | 2.75% | 30.77% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GDXJ % Rank | |
|---|---|---|---|---|
| US | 52.99% | 4.58% | 93.04% | 30.77% |
| Non US | 46.95% | 0.00% | 90.88% | 66.15% |
GDXJ - Expenses
Operational Fees
| GDXJ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.52% | 0.39% | 5.11% | 90.77% |
| Management Fee | 0.50% | 0.35% | 1.00% | 16.92% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.10% | 0.25% | N/A |
Sales Fees
| GDXJ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| GDXJ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| GDXJ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 24.00% | 1.00% | 114.00% | 53.97% |
GDXJ - Distributions
Dividend Yield Analysis
| GDXJ | Category Low | Category High | GDXJ % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.62% | 0.00% | 4.36% | 50.77% |
Dividend Distribution Analysis
| GDXJ | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| GDXJ | Category Low | Category High | GDXJ % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.84% | -18.00% | 5.11% | 26.15% |
Capital Gain Distribution Analysis
| GDXJ | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 18, 2023 | $0.274 | OrdinaryDividend |
| Dec 19, 2022 | $0.183 | OrdinaryDividend |
| Dec 20, 2021 | $0.745 | OrdinaryDividend |
| Dec 21, 2020 | $0.855 | OrdinaryDividend |
| Dec 23, 2019 | $0.164 | OrdinaryDividend |
| Dec 20, 2018 | $0.136 | OrdinaryDividend |
| Dec 18, 2017 | $0.011 | OrdinaryDividend |
| Dec 19, 2016 | $1.507 | OrdinaryDividend |
| Dec 21, 2015 | $0.139 | OrdinaryDividend |
| Dec 22, 2014 | $0.178 | OrdinaryDividend |
| Dec 24, 2012 | $3.000 | OrdinaryDividend |
| Dec 23, 2011 | $0.100 | CapitalGainShortTerm |
| Dec 23, 2011 | $1.396 | CapitalGainLongTerm |
| Dec 23, 2011 | $4.848 | OrdinaryDividend |
| Dec 23, 2010 | $11.716 | OrdinaryDividend |
GDXJ - Fund Manager Analysis
Managers
Peter Liao
Start Date
Tenure
Tenure Rank
Nov 10, 2009
12.56
12.6%
Mr. Liao has been employed by Van Eck Associates Corporation as an analyst since the summer of 2004 and has been a portfolio manager since 2006. Mr. Liao graduated from New York University in 2004 with a Bachelor of Arts in Economics and Mathematics. He is a CFA charterholder.
Guo Hua (Jason) Jin
Start Date
Tenure
Tenure Rank
Mar 12, 2018
4.22
4.2%
Guo Hua (Jason) Jin has been employed by Van Eck Associates Corporation as an analyst since January 2007 and has been a portfolio manager since 2018. Mr. Jin graduated from the State University of New York at Buffalo in 2004 with a Bachelor of Science degree in Business Administration with a concentration in Financial Analysis.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 1.25 | 34.34 | 11.89 | 1.3 |