MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

ETFs’ Golden Children: (GDX)

TedTed
in The Bullpen
FYI: Like a lot of industries, gold miners have had a bumpy but pretty dramatic rise this year, with most of the ETFs in the category outperforming the SPDR S&P 500 ETF Trust (SPY) during the first half of the year through July 10.

The VanEck Vectors Gold Miners ETF (GDX) is basically the granddaddy of the space, with more than $10 billion in assets under management (AUM). It launched in May 2006, well before any of the other gold miners ETFs.

GDX, the largest ETF in issuer VanEck’s offering, has a somewhat complicated history. In 2013, according to FactSet, it transitioned from a U.S. fund to a globally focused one, and it allowed a wider swath of companies to join in other respects.
Regards,
Ted
https://www.etf.com/publications/etfr/etfs-golden-children-0?nopaging=1

M* Snapshot GDX:
https://www.morningstar.com/etfs/arcx/gdx/quote
Sign In or Register to comment.