Gold Miners Market Vectors ETF

Gold Miners Market Vectors ETF

GDX (Market Vectors Gold Miners ETF) gives investors broad exposure to publicly listed companies engaged in gold mining and related activities. As an ETF, it tracks an index of gold miner equities rather than the metal itself, so its performance reflects miners’ share prices, production profiles, costs and sensitivity to gold prices. GDX can offer a convenient way to gain sector exposure, diversification across many miners, and liquidity via an exchange-traded structure, but it also concentrates on a single commodity-linked industry which can be volatile. Factors investors should monitor include the gold price, miners’ operational costs, geopolitical risks in mining regions, and changes in interest rates that influence gold demand. This information is for educational purposes only and is not personal financial advice; values can fall as well as rise and past performance is not a guide to the future. Suitability depends on individual circumstances and risk tolerance.

Stock Performance Snapshot

Below Average

Dividend

Gold Miners Market Vectors ETF's dividend yield of 0.49% is low, indicating limited returns from dividends. If you invested $1000 you would be paid $4.90 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Published: May 24, 2025

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Why You’ll Want to Watch This Stock

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Commodity Leverage

GDX often amplifies moves in the gold price because miner profits change more than the metal’s price; this can boost returns but increases volatility.

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Global Mining Exposure

The ETF spans miners operating in multiple regions, offering geographic diversification but also exposure to country-specific risks where mines are located.

Cost & Operational Risks

Miners’ margins depend on production costs, ore grades and operational execution, so company fundamentals can drive performance as much as gold prices.

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