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Shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ - Get Free Report) passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $117.27 and traded as high as $127.46. VanEck Junior Gold Miners ETF shares last traded at $122.28, with a volume of 5,280,771 shares traded.
High-risk, high-reward corners of the market may feel off-limits to more cautious investors, but these areas may become more approachable with specific exchange-traded funds (ETFs) that help mitigate risk. Clinical-stage biotech names, micro-cap stocks, and junior gold mining companies are among the firms that may entice investors looking to make such a wager.
Gold cracked $4,400 an ounce on August 11, and the VanEck Gold Miners ETF (NYSEARCA:GDX) has finally moved with it.
Amundi lessened its stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 50.5% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,814 shares of the exchange traded fund's stock after selling 81,519 shares during the quarter.
The choice between the VanEck Gold Miners ETF (NYSEARCA:GDX) and the VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) looks cosmetic until you open the hood.
A market that keeps climbing on thin volume tends to make careful investors nervous, not confident. That's the setup Chris Rowe, founder of True Market Insiders, says he's watching heading into the back half of 2026.
The VanEck Junior Gold Miners ETF has sharply underperformed peers in 2026, declining by double-digits when other diversified miners have gained and gold ETFs have fallen modestly. GDXJ's portfolio is less small-cap focused than advertised, with under 9% in small-caps and significant overlap—79% by weight—with the larger, less volatile GDX ETF. Rising US dollar strength, hawkish global central banks, and elevated CAPEX amid falling gold prices create a challenging macro backdrop for GDXJ.
Silver extended its decline for a third consecutive session on Monday, with XAG/USD trading around $74.20 per troy ounce during Asian hours. Investors reacted to India's surprise restrictions on silver imports, rising expectations of another Federal Reserve rate hike and weaker investment demand projections from UBS.