GDXJ

VanEck Junior Gold Miners ETF

$97.44
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The VanEck Junior Gold Miners ETF (GDXJ) seeks to track the performance of small-cap gold mining companies, providing exposure to the junior gold mining sector.

Overview

ETF tracking VanEck Junior Gold Miners ETF

Category Materials
Issuer VanEck
Inception Date 2009-11-11
Market Cap $8.1B
Average Volume N/A
Dividend Yield 1.14%
52-Week Range $42.32 - $111.70
VWAP $96.96

Performance

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Investment Summary

📎 Investment Objective

The VanEck Junior Gold Miners ETF (GDXJ) seeks to track the performance of small-cap gold mining companies, providing exposure to the junior gold mining sector.

🎯 Investment Strategy

The fund invests in a diversified portfolio of publicly traded junior and small-cap gold mining companies. The portfolio is designed to provide broad exposure to the junior gold mining industry.

✨ Key Features

  • Focuses on small-cap and junior gold mining companies, which may offer greater growth potential compared to larger producers
  • Provides exposure to the gold mining industry through a diversified portfolio of equities
  • Passively managed to track the performance of the underlying index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific industry sector (gold mining)
  • Volatility risk due to the smaller size and growth-oriented nature of the underlying companies
  • Commodity price risk as the performance of the fund is tied to the price of gold
  • Currency risk for investors outside the fund's base currency

👤 Best For

This ETF may be suitable for investors seeking exposure to the junior gold mining sector as part of a diversified portfolio. It may be of interest to investors with a higher risk tolerance who are looking for potential growth opportunities in the gold mining industry.