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Tuesday, October 27, 2026 · Today’s edition, 6:30 a.m. ETTue, Oct 27 · 6:30 a.m. editionSign inMy Desk 0EditionsSign in
GDXJVanEckINDEX

VanEck Junior Gold Miners ETF

$99.94+0.59% vs prior close
8815652-WK

Price through Oct 26, 2026 · Flows through Oct 23, 2026. Figures use the latest available records, not a live quote. Fund details retrieved Oct 26, 2026. Holdings snapshot retrieved Oct 26, 2026.

The fund normally invests at least 80% of its total assets in securities that comprise the index. The index includes companies that generate at least 50% of their revenues from gold and/or silver mining/royalties/streaming or have mining projects with the potential to generate at least 50% of their revenues from gold and/or silver when developed. It is non-diversified.

GDXJ price

Source: Market tape, daily closes; price return, distributions not reinvested
Table
DateGDXJ close
Jul 27, 2026$99.00
Jul 28, 2026$96.78
Jul 29, 2026$94.98
Jul 30, 2026$99.04
Jul 31, 2026$95.39
Aug 3, 2026$98.67
Aug 4, 2026$101.92
Aug 5, 2026$109.48
Aug 6, 2026$109.40
Aug 7, 2026$117.62
Aug 10, 2026$118.78
Aug 11, 2026$118.60
Aug 12, 2026$119.49
Aug 13, 2026$115.89
Aug 14, 2026$118.09
Aug 17, 2026$120.38
Aug 18, 2026$115.42
Aug 19, 2026$126.55
Aug 20, 2026$129.14
Aug 21, 2026$132.59
Aug 24, 2026$133.58
Aug 25, 2026$135.90
Aug 26, 2026$132.86
Aug 27, 2026$134.79
Aug 28, 2026$128.80
Aug 31, 2026$127.93
Sep 1, 2026$122.28
Sep 2, 2026$128.05
Sep 3, 2026$132.33
Sep 4, 2026$129.03
Sep 8, 2026$127.54
Sep 9, 2026$129.25
Sep 10, 2026$124.10
Sep 11, 2026$125.41
Sep 14, 2026$120.89
Sep 15, 2026$120.31
Sep 16, 2026$118.02
Sep 17, 2026$123.63
Sep 18, 2026$124.44
Sep 21, 2026$122.68
Sep 22, 2026$127.97
Sep 23, 2026$121.28
Sep 24, 2026$119.83
Sep 25, 2026$121.11
Sep 28, 2026$114.10
Sep 29, 2026$115.80
Sep 30, 2026$113.95
Oct 1, 2026$112.46
Oct 2, 2026$113.65
Oct 5, 2026$112.81
Oct 6, 2026$113.55
Oct 7, 2026$109.14
Oct 8, 2026$110.90
Oct 9, 2026$114.43
Oct 12, 2026$112.92
Oct 13, 2026$110.63
Oct 14, 2026$104.75
Oct 15, 2026$109.61
Oct 16, 2026$109.91
Oct 19, 2026$108.36
Oct 20, 2026$107.84
Oct 21, 2026$108.52
Oct 22, 2026$101.20
Oct 23, 2026$99.35
Oct 26, 2026$99.94

Daily net flows, 3M

Net outflow over the range: −$846M

  • Inflow / above zero
  • Outflow / below zero
−$888MSep 25Sep 29Oct 1Oct 5Oct 7Oct 9Oct 13Oct 15Oct 19Oct 21+$5MOct 23−$888MSep 25Sep 29Oct 1Oct 5Oct 7Oct 9Oct 13Oct 15Oct 19Oct 21+$5MOct 23−$888MSep 25Oct 2Oct 9Oct 16+$5MOct 23
Source: Daily creation and redemption records
Show as table
LabelValue ($)
Sep 25−$888M
Sep 28$0
Sep 29$0
Sep 30−$40.3M
Oct 1$16.9M
Oct 2$0
Oct 5$0
Oct 6$28.3M
Oct 7$21.8M
Oct 8$0
Oct 9−$5.7M
Oct 12$0
Oct 13$16.8M
Oct 14$0
Oct 15$5.4M
Oct 16−$44M
Oct 19$21.8M
Oct 20$16.2M
Oct 21$0
Oct 22$0
Oct 23$5M
The desk’s read

Money keeps arriving — +$42M of net inflows over the past month, about 0.6% of the fund's asset base, while the price has returned -12.2% so far this year. At 0.52% a year it is not the cheapest way in — GDX has a reported fee of 0.51%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$7.4Bassets under management
0.52%expense ratio · $52 per $10,000 a year
+$42Mnet flow, trailing month
3.6Mavg daily volume, 30 days
103holdings · US-domiciled
2009listed November 11, 2009 · beta 2.29
The book at a glance
AGI+0.9%EDV+0.7%EQX-0.6%CDE+1.4%IAG+0.5%PDIHLBTG+0.8%OGC+0.1%BVN+1.9%HMY+0.4%TXG+2.0%EGO+0.1%SSRM+0.0%OR+1.7%CGAU+0.4%AUGO-1.2%ARIS+0.7%AYA+0.3%SKE-0.9%FSMTFPM

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS THE CHANGE IN THE LATEST AVAILABLE SNAPSHOT · TOP 40 POSITIONS

Holdings
#HoldingWeightPriceDay52-wk
1RSGREPUBLIC SERVICES0.34%$241.31+0.4%
2PRUPRUDENTIAL FINANCIAL1.29%$115.79+0.7%
3EMREMERSON ELECTRIC0.63%$161.70+0.1%
4RIORIO TINTO0.30%$83.72+0.4%
5ARCIARCHIMEDES TECH SPAC PARTNERS III CO0.08%$10.04+0.1%
6ALKALASKA AIR GROUP0.41%$34.95+1.6%
7USLUNITED STATES 12 MONTH OIL FUND LP0.08%$63.47-0.9%
8BRCBRADY0.06%$81.98+0.5%
9SLVRSprott Silver Miners & Physical Silver ETF0.09%$46.33-0.2%
10AGIALAMOS GOLD6.76%$30.21+0.9%
11EDVVANGUARD EXTENDED DURATION TREASURY INDEX FUND5.78%$59.45+0.7%
12EQXEQUINOX GOLD6.13%$10.05-0.6%
13MSAMSA SAFETY0.19%$182.57+0.2%
14CDECOEUR MINING5.86%$13.64+1.4%
15IAGIAMGOLD5.06%$16.34+0.5%

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Sector weights

  • Materials100%
  • Basic Materials100%
  • Non-Energy Minerals99.74%
  • Other16.37%
  • Finance0.23%
Source: Portfolio composition, latest disclosure
Show as table
ItemValue (%)
Materials100%
Basic Materials100%
Non-Energy Minerals99.74%
Other16.37%
Finance0.23%

Country weights

  • Canada55.49%
  • Australia16.28%
  • South Africa6.42%
  • United States5.08%
  • Mexico4.23%
  • Peru4.21%
  • United Kingdom3.58%
  • China1.96%
Source: Portfolio composition, latest disclosure
Show as table
ItemValue (%)
Canada55.49%
Australia16.28%
South Africa6.42%
United States5.08%
Mexico4.23%
Peru4.21%
United Kingdom3.58%
China1.96%
Performance
1 week-7.3%
1 month-17.5%
3 months+2.2%
6 months-19.2%
YTD-12.2%
1 year—
3 years—

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week+$21M
1 month+$42M
3 months−$846M
YTD−$846M
1 year−$846M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows

  • Inflow / above zero
  • Outflow / below zero
−$173.1MOct−$233.6MNov−$74.7MDec−$185.7MJan−$185MFeb−$134.3MMar−$396.5MApr−$349.6MMay+$2.9MJun−$6.8MJul−$928.3MSep+$82.5MOctOctNovDecJanFebMarAprMayJunJul−$928.3MSep+$82.5MOctOctDecFebAprJun−$928.3M+$82.5MOct
Source: Daily creation/redemption records, trailing twelve months
Show as table
LabelValue ($)
Oct−$173.1M
Nov−$233.6M
Dec−$74.7M
Jan−$185.7M
Feb−$185M
Mar−$134.3M
Apr−$396.5M
May−$349.6M
Jun$2.9M
Jul−$6.8M
Sep−$928.3M
Oct$82.5M
The risk read
43%realized volatility, 30 days (annualized)
56%realized volatility, 1 year
-41.3%deepest fall from a peak, 1 year
-36.0%latest close versus that peak

The top holding is 6.8% of the book; the top ten carry 41%. Spread across 153+ names, it behaves like roughly 39 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
3Kcalls · latest snapshot
4Kputs · latest snapshot
1.28put/call ratio
3.2Mshares traded
Most-traded holdings, options premiumBullishBearish
EMR EMERSON ELECTRIC$2M$1M
AG FIRST MAJESTIC SILVER$1M$1M
HL HECLA MINING$637,114$922,783
SKE SKEENA RESOURCES$1M$2,894
RIO RIO TINTO$182,965$1M

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

The case against GDXJ

Due diligence cuts both ways. These funds sit on the same shelf and beat GDXJ on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
SPDW SPDR Portfolio Developed World ex-US ETF0.03%$40.7B+$609M-49bp on fee · 6× the assets · +$609M in over the monthHead-to-head
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF0.03%$18.4B+$199M-49bp on fee · 2× the assets · +$199M in over the monthHead-to-head
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.4B+$497M-48bp on fee · 4× the assets · +$497M in over the monthHead-to-head
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF0.04%$23.7B+$51M-48bp on fee · 3× the assets · +$51M in over the monthHead-to-head
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF0.04%$18.6B+$412M-48bp on fee · 3× the assets · +$412M in over the monthHead-to-head
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