Is GDXJ a good stock to buy?
GDXJ is in an unsustainable position. With $5.5B in assets, the ETF has to buy a whopping 20% of the junior miners sector. Thus, it can’t trade in and out of positions without sending prices to the moon/floor when the index changes and forces it to add or drop a position.
What is GDX and GDXJ?
GDX is designed to replicate the performance of the NYSE Arca Gold Miners Index, a benchmark that consists of publicly traded companies involved in gold mining. GDXJ is a relatively new fund. It was established in November 2009. It has become quite popular and its total assets have increased to $800 million.
Are VanEck ETFS good?
VanEck Vectors Fallen Angel High Yield Bond (ANGL) has nearly doubled in size in 2020. The $3.1 billion ETF is up 5.62%, while getting $1.5 billion in inflow year to date. It is among the best funds in the category, with a yield of 4.37% and an annual management fee of 0.35%.
Why is GDXJ down?
The GDXJ has declined by almost half since its 2020 peak despite gold prices remaining relatively stable, resulting in deeply discounted valuations. The recent rise in real government bond yields is likely to prove temporary as equity market concerns force the Fed to keep policy loose despite elevated inflation.
What companies are in Gdxj?
Top 10 Holdings
| Company | Symbol | Total Net Assets |
|---|---|---|
| Merdeka Copper Gold Tbk PT ORD | MMLP | 6.05% |
| Yamana Gold Inc. | AUY | 5.71% |
| Evolution Mining Ltd. | CAHPF | 5.24% |
| Pan American Silver Corp. | PAAS | 5.19% |
What are junior gold miners?
A junior gold miner is a junior company that exclusively mines gold. Most of these companies are in the development and exploration phase and are on the lookout for land with a higher chance for uncovering large mineral deposits.
Is Gdxj a leveraged ETF?
On their own, small caps and gold miners can be volatile assets. Combined, the volatility increases. JNUG is the triple-leveraged answer to the VanEck Vectors Junior Gold Miners ETF (GDXJ), an ETF with a three-year standard deviation of just over 50 percent.
What is the difference between GLD and GDX?
GDX has a 0.53% expense ratio, which is higher than GLD’s 0.40% expense ratio. Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which one is better suits your portfolio: GDX or GLD….Key characteristics.
| GDX | GLD | |
|---|---|---|
| Max Drawdown | -80.57% | -45.56% |
Who owns VanEck ETFs?
the van Eck family
Since our founding, VanEck has been privately owned and operated by the van Eck family.
How can I buy Van Eck?
How can you buy and sell VanEck ETF shares on the secondary market? Shares of VanEck ETFs are listed on the NYSE. You can buy and sell VanEck ETF shares on the secondary market in the same way you buy and sell any other exchange-traded security—through a broker.
Does Gdxj pay dividend?
GDXJ has a dividend yield of 2.39% and paid $0.75 per share in the past year. The dividend is paid once per year and the last ex-dividend date was Dec 20, 2021.
Is GDX ETF a Buy?
GDX is an inexpensive gold mining ETF product in early 2022. Gold has held its technical support levels since March 2021 and has made higher lows. With inflation at the highest level in years, this could be the perfect time to add GDX to your portfolio, as every dip in gold since 1999 has been a buying opportunity.
Which is better GLD vs IAU?
Is it Worth it to Invest in Gold? Between both funds, we recommend IAU as the better investment. It has slightly higher performance, better median tracking difference, and lower expense fees. Overall, the differences between both funds are marginal and would only have minor effects on an ETF’s market performance.
Is Van Eck publicly traded?
Since our founding, VanEck has been privately owned and operated by the van Eck family.
Is VanEck the same as Vanguard?
The Vaneck Australian Equal Weight ETF (ASX: MVW) and Vanguard Australian Shares Index ETF (ASX: VAS) are two of Australia’s top Australian shares ETFs. The VAS ETF and MVW ETF are very popular and similar, but they are also different.
How do I buy VanEck Russian ETF?
VanEck ETFs can be purchased the same way you would buy a stock—Through a broker or with your advisor.
What is VanEck gdxj®?
VanEck Junior Gold Miners ETF (GDXJ ®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS ® Global Junior Gold Miners Index (MVGDXJTR), which is intended to track the overall performance of small-capitalization companies that are involved primarily in the mining for gold and/or silver.
How do I buy or sell VanEck ETFs?
VanEck ETFs can be purchased and sold the same way you would buy or sell a stock—through a broker or with the guidance of your advisor. VanEck ETFs are available for purchase and sale through most self-directed brokers.
What are the fees and expenses for gdxj?
2 Expenses for GDXJ are capped contractually at 0.56% until May 1, 2022. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses. Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon. *Returns less than one year are not annualized.