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See exactly how GDX's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for GDX and 80,000+ other tickers.
The VanEck Gold Miners ETF (GDX) aims to closely track the total return of the MarketVector Global Gold Miners Index (MVGDXTR), mirroring both its price changes and any income generated. This objective is pursued prior to the deduction of any fees or operational expenses. The MVGDXTR index itself serves as a benchmark for the collective performance of companies engaged in the worldwide gold mining industry.
Materials are often viewed as a sleepy, cyclical corner of the market, but the artificial intelligence (AI) buildout is adding vim and vigor to the sector.
SPDR Gold Shares tracks the price of physical gold bullion whereas VanEck Gold Miners ETF invests in the equity of mining companies VanEck Gold Miners ETF has a higher beta and a significantly deeper maximum drawdown over the last five years SPDR Gold Shares is the larger fund by assets under management and features a lower expense ratio than VanEck Gold Miners ETF
From America's founding to GDX's 20th anniversary, gold has remained a constant store of value, and VanEck has helped investors access it for nearly 60 years. Twenty years ago, the launch of our Gold Miners ETF (GDX) marked the start of VanEck's ETF business.
SPDR Gold Shares tracks the price of physical gold, whereas VanEck Gold Miners ETF invests in companies that extract the metal SPDR Gold Shares has a lower expense ratio and significantly lower price volatility compared to VanEck Gold Miners ETF VanEck Gold Miners ETF has delivered higher total returns over the past year but shows a much deeper historical drawdown
GDX delivered $2,339 on a $1,000 investment versus SLV's $2,196, despite facing lower volatility than its silver counterpart.