GDX is a Sector & Thematic ETF from VanEck holding 51 positions as of Mar 31, 2026, with $23.7B in assets and a 0.51% net expense ratio. Its largest positions are AEM (12.1%), NEM (10.8%) and ABX (7.6%); the top 10 holdings account for 60.6% of the portfolio. It yields 0.70% on a trailing-12-month basis.
- Issuer
- VanEck
- Holdings
- 51
- Net Assets
- $23.7BETF assets as of 2026-08-10
- Expense Ratio
- 0.51%per latest SEC prospectus filing
- TTM Yield
- 0.70%trailing 12-month distributions
Performance
- 1M
- +18.6%
- YTD
- +4.8%
- 1Y
- +56.3%
- 3Y (ann.)
- +47.0%
- 5Y (ann.)
- +23.7%
- 10Y (ann.)
- +12.6%
A $10,000 investment 10 years ago would be worth $32,792 today at the 10Y annualized rate. This is a backward-looking illustration, not a forecast. Project its future growth →
Total returns including dividends as of 2026-08-07. 3Y/5Y/10Y annualized. Past performance does not predict future results.
Sector Breakdown
| Materials | 97.4% |
|---|---|
| Other Sectors | 0.0% |
| Unclassified | 2.4% |
We could not classify 2% of portfolio weight. It is shown separately as “Unclassified”, not lumped into a sector.
Top 25 Holdings
| # | Holding | Weight |
|---|---|---|
| 1 |  AEMAgnico Eagle Mines Ltd | 12.08% |
| 2 |  NEMNewmont Corp | 10.77% |
| 3 |  ABXBarrick Mining Corp | 7.63% |
| 4 |  FNVFranco-Nevada Corp | 5.16% |
| 5 |  AUAnglogold Ashanti Plc | 5.09% |
| 6 |  WPMWheaton Precious Metals Corp | 4.89% |
| 7 |  KUSDKinross Gold Corp | 4.68% |
| 8 |  GFIGold Fields Ltd | 4.48% |
| 9 |  PAASPan American Silver Corp | 3.19% |
| 10 |  NSTNorthern Star Resources Ltd | 2.59% |
| 11 |  AGIAlamos Gold Inc | 2.56% |
| 12 |  CDECoeur Mining Inc | 2.43% |
| 13 |  RGLDRoyal Gold Inc | 2.22% |
| 14 |  EQXEquinox Gold Corp | 1.64% |
| 15 |  EDVEndeavour Mining PLC | 1.58% |
| 16 |  AGFirst Majestic Silver Corp | 1.57% |
| 17 |  EVNEvolution Mining Ltd | 1.57% |
| 18 |  4FOIndustrias Penoles SAB de CV | 1.35% |
| 19 |  FRESFresnillo PLC | 1.33% |
| 20 |  IAGIAMGOLD Corp | 1.32% |
| 21 |  HLHecla Mining Co | 1.26% |
| 22 |  LUGLundin Gold Inc | 1.26% |
| 23 |  ZVLZhaojin Mining Industry Co Ltd | 1.11% |
| 24 |  OGCOceanaGold Corp | 1.06% |
| 25 |  BVNCia de Minas Buenaventura SAA | 1.02% |
Showing the top 25 of 51 holdings. See the full GDX holdings list →
GDX alternatives
The closest Sector & Thematic ETFs to GDX by portfolio overlap — the share of weight both funds hold in the same securities.
| Fund | Overlap | Expense | Assets | |
|---|---|---|---|---|
 GDXJVanEck Junior Gold Miners ETF | 35% | 0.52%pricier | $7.3B | Compare → |
 IYMiShares U.S. Basic Materials ETF | 16% | 0.38%cheaper | $1.1B | Compare → |
| 11% | 0.08%cheaper | $579M | Compare → | |
 VAWVanguard Materials Index Fund | 11% | 0.09%cheaper | $3.0B | Compare → |
 XMEState Street® SPDR® S&P® Metals & Mining ETF | 11% | 0.35%cheaper | $4.0B | Compare → |
 XLBState Street® Materials Select Sector SPDR® ETF | 7% | 0.08%cheaper | $8.4B | Compare → |
Frequently Asked Questions
What is GDX's expense ratio?
GDX has a net expense ratio of 0.51%, per its latest SEC prospectus filing. That works out to about $51 a year on a $10,000 investment.
How many holdings does GDX have?
GDX held 51 positions as of Mar 31, 2026, per its latest official holdings data.
What are GDX's top 10 holdings?
GDX's largest positions are AEM (12.1%), NEM (10.8%), ABX (7.6%), FNV (5.2%), AU (5.1%), WPM (4.9%), KUSD (4.7%), GFI (4.5%), PAAS (3.2%), NST (2.6%). Together they account for 60.6% of the portfolio.
What is GDX's dividend yield?
GDX yields 0.70% based on its trailing 12-month distributions, as of Aug 7, 2026.
How big is GDX?
GDX has $23.7B in assets as of Aug 10, 2026.
What are good alternatives to GDX?
By portfolio overlap, the closest Sector & Thematic ETFs to GDX are GDXJ (35% overlap), IYM (16% overlap), FMAT (11% overlap). Overlap measures the share of portfolio weight both funds hold in the same securities.