VanEck Gold Miners ETF

VanEck ETF Trust · Series S000009191 · 1 share classes

Equity fund · 100% stocks
One fund, 1 share classes:GDX
$28.16B NAV
52 positions · as of 2026-03-31 · filed 2026-05-28
data updated 2026-08-17

Fund profile

As filed in the prospectus · 2026 Q2

VanEck Gold Miners ETF (the Fund) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MarketVector Global Gold Miners Index (the Gold Miners Index or the Index).

Strategy · summarised

The fund tracks the MarketVector Global Gold Miners Index, a modified capitalization-weighted index of publicly traded gold and silver mining companies, by holding securities that comprise the index. As a non-diversified fund, it may invest a greater percentage of its assets in a particular issuer than a diversified fund would permit. The fund's returns will diverge from the index to the extent it does not hold all index constituents or weights them differently.

Expenses
0.51%one share class
Share classExpense ratio
GDX0.51%

Portfolio turnover 50.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

100.36%
of net assets
Stocks99.72%
Cash & short-term0.63%

Latest quarter

What changed since the fund's previous filing

2026Q1 vs 2025Q4: 4 new1 exited

New: Greatland Resources Ltd, Aris Mining Corp, Centerra Gold Inc, Endeavour Silver Corp

Exited: New Gold Inc

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

1-year
3-year
5-year
Volatility
Worst 3-yr fall
Cumulative return· Apr 2023 – Feb 2026

Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Agnico Eagle Mines LtdAEM12.08%$3.40B
Newmont CorpNEM10.77%$3.03B
Barrick Mining CorpB7.63%$2.15B
Franco-Nevada CorpFNV5.16%$1.45B
Anglogold Ashanti Plc5.09%$1.43B
Wheaton Precious Metals CorpWPM4.89%$1.38B
Kinross Gold CorpKGC4.68%$1.32B
Gold Fields LtdGFI4.49%$1.26B
Pan American Silver CorpPAAS3.19%$899.46M
Northern Star Resources Ltd2.59%$729.91M
Showing 10 of 52Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-03-31 — not a live quote, and not what the fund paid.

Top 10 positions are 60.57% of net assets, top 25 83.84%, across 52 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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