VanEck Gold Miners ETF (GDX) Holdings & Expense Ratio
For informational purposes only. Not financial advice.
VanEck Gold Miners ETF (GDX) has a last stored price of $87.78, as of the Oct 2, 2026 trading session. It has a 0.51% expense ratio and $29.6B in assets under management.
Holdings and weights below are as of Mar 15, 2026. In the stored portfolio snapshot, the largest listed holding is Agnico Eagle Mines Ltd (AEM.TO) at 9.83%, and the largest sector allocation is Basic Materials at 100.0%.
VanEck Gold Miners ETF (GDX) ETF — Price, Holdings & Analysis
ETF Overview
Risk Metrics
- Beta: 0.66
Expense Ratio
What does GDX hold?
| Holding | Weight |
|---|---|
| Agnico Eagle Mines Ltd (AEM.TO) | 9.83% |
| Newmont Corp (NEM) | 8.51% |
| Barrick Mining Corp (ABX.TO) | 6.27% |
| Anglogold Ashanti PLC (AU) | 5.49% |
| Wheaton Precious Metals Corp (WPM.TO) | 5.15% |
| Gold Fields Ltd ADR (GFI) | 4.86% |
| Franco-Nevada Corp (FNV.TO) | 4.79% |
| Kinross Gold Corp (K.TO) | 4.32% |
| Pan American Silver Corp (PAAS.TO) | 3.94% |
| Northern Star Resources Ltd (NST.AX) | 3.30% |
This fund data is more than 45 days old; verify current holdings with the issuer.
How Is the Fund Allocated?
| Sector | Weight |
|---|---|
| Basic Materials | 100.0% |
| Country | Weight |
|---|---|
| Canada | 57.2% |
| United States | 15.3% |
| Australia | 7.9% |
| United Kingdom | 7.0% |
| South Africa | 6.1% |
| Mexico | 3.0% |
| Indonesia | 1.4% |
| Peru | 1.1% |
| China | 1.0% |
Dividend Yield
- ARK Innovation ETF (ARKK) — 0.75% expense ratio
- Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
- State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
- State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
- State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
- WisdomTree Emerging Markets ESG Fund (DVEM) — 0.32% expense ratio
- Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) — 0.59% expense ratio
- iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio
- VanEck Junior Gold Miners ETF (GDXJ) (Equity) — 0.51% expense ratio
- VanEck Uranium and Nuclear ETF (NLR) (Equity) — 0.56% expense ratio
- VanEck Israel ETF (ISRA) (Equity) — 0.71% expense ratio
- VanEck Emerging Markets High Yield Bond ETF (HYEM) (Multi-Asset) — 0.40% expense ratio
- VanEck Green Infrastructure ETF (RNEW) (Equity) — 0.47% expense ratio
- VanEck Intermediate Muni ETF (ITM) (Multi-Asset) — 0.18% expense ratio
Questions & Answers
What is GDX and what does it track?
The VanEck Gold Miners ETF (GDX) is an exchange-traded fund that seeks to replicate the price and yield performance of the MarketVector Global Gold Miners Index (MVGDXTR).
This index is designed to track the overall performance of companies involved in the gold mining industry.
What is the expense ratio for GDX?
The expense ratio for the VanEck Gold Miners ETF (GDX) is 0.5100%. This means that for every $10,000 invested in the fund, $51 is used to cover the fund's operating expenses.
While this is not the highest expense ratio among ETFs, it is higher than some broad market index funds.
What are the top holdings in GDX?
The VanEck Gold Miners ETF (GDX) has a concentrated portfolio of gold mining companies. As of 2026-03-15, the top three holdings include Agnico Eagle Mines Ltd, representing 9.83% of the fund's assets.
Newmont Corp is the second-largest holding, accounting for 8.51% of the fund. Barrick Mining Corp is the third-largest holding, making up 6.27% of the fund.
Is GDX a good long-term investment?
Whether GDX is a suitable long-term investment depends on an individual's investment goals and risk tolerance. GDX provides targeted exposure to the gold mining sector, which can be influenced by factors such as gold prices, mining costs, and geopolitical events.
The fund's beta of 0.66 suggests it is less volatile than the overall market, but it still carries sector-specific risks.
How does GDX compare to similar ETFs?
GDX is a leading ETF in the gold mining sector, with $29.59 billion in assets under management. Its expense ratio of 0.5100% is typical for sector-specific ETFs.
Compared to other gold mining ETFs, GDX's strategy of tracking the MarketVector Global Gold Miners Index provides a broad exposure to gold mining companies worldwide.
Does GDX pay dividends?
As of 2026-03-15, the VanEck Gold Miners ETF (GDX) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing any dividends to its shareholders.
While some gold mining companies may pay dividends, GDX's overall focus is on capital appreciation through the performance of gold mining stocks, rather than generating income through dividends.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Data provided for informational purposes only.
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