VanEck Gold Miners ETF
ALTAR
Score™
4.4% info Recommen-
dation
NEUTRAL
2025E    2026E
P/E
ratio
15.4x P/Sales
ratio
2.6x
P/BV
ratio
2.2x Div.
yield
2.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
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  • premium Rating
The Gold Miners ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Amex Gold Miners Index. The Index provides exposure to publicly traded companies worldwide involved primarily in the mining for gold or silver ore.

FUND BASICS
Category Global Equities
Fund Sponsor Van Eck Associates
Website www.vaneck.com
Inception date May 16, 2006
Assets (mns) $16,072
Currency USD
Expense ratio 51 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 64
Wgt avg mkt cap (mns) $25,823
Large cap (>$10bn) 68.8%
Mid cap ($2-10bn) 19.6%
Small cap (<$2bn) 11.6%
Developed mkts 87.7%
Emerging mkts 12.3%

TOP TEN HOLDINGS
NEWMONT MINING CORP 12.0 %
AGNICO-EAGLE MINES LTD 11.7 %
WHEATON PRECIOUS METALS CORP 7.8 %
FRANCO-NEVADA CORP 6.4 %
BARRICK GOLD CORPORATION 6.1 %
ANGLOGOLD ASHANTI PLC 4.9 %
GOLD FIELDS LTD-SPONS ADR 4.5 %
KINROSS GOLD CORP 4.1 %
NORTHERN STAR RESOURCES LTD 3.4 %
ZIJIN MINING GROUP CO LTD-H 3.2 %
Total 64.2 %

TOP COUNTRY EXPOSURE
CANADA 52.5 %
UNITED STATES 16.1 %
AUSTRALIA 11.6 %
SOUTH AFRICA 6.8 %
CHINA 4.5 %
BRITAIN 1.7 %
PERU 0.8 %