Summary
GDXCL Chart
Does Wall Street's Sell-Off Have You Interested in Gold? 2 ETFs You'll Want to Dig Into.
The S&P 500 (^GSPC 0.74%) is down over 10% from highs set earlier this year. The Nasdaq Composite (^IXIC 1.26%) dropped more than 20% from previous highs at one point and currently sits close to 15% down.
GDXY: YieldMax Strikes Out On Gold
YieldMax Gold Miners Option Income Strategy ETF offers high income but underperforms due to its capped upside, making it less appealing in a bullish gold market. GDXY trades options on GDX, leveraging gold miners' volatility for income, but this strategy results in lower total returns compared to GDX and GLD. The fund's near-50% distribution rate is attractive, but the erosion of the share price over time diminishes its overall appeal for long-term investors.
Final Trade: GDX, T, HYG, MP
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
VanEck Gold Miners ETF Dividends
| GDX GDX 18 Dec 2023 Paid | Annual | $0.5 Per Share |
| GDX GDX 19 Dec 2022 Paid | Annual | $0.48 Per Share |
| GDX GDX 20 Dec 2021 Paid | Annual | $0.53 Per Share |
| GDX GDX 21 Dec 2020 Paid | Annual | $0.19 Per Share |
| GDX GDX 23 Dec 2019 Paid | Annual | $0.19 Per Share |
VanEck Gold Miners ETF Earnings
| GDX GDX 18 Dec 2023 Paid | Annual | $0.5 Per Share |
| GDX GDX 19 Dec 2022 Paid | Annual | $0.48 Per Share |
| GDX GDX 20 Dec 2021 Paid | Annual | $0.53 Per Share |
| GDX GDX 21 Dec 2020 Paid | Annual | $0.19 Per Share |
| GDX GDX 23 Dec 2019 Paid | Annual | $0.19 Per Share |
VanEck Gold Miners ETF (GDXCL) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has VanEck Gold Miners ETF ever had a stock split?
VanEck Gold Miners ETF Profile
| - Industry | - Sector | - CEO | XSGO Exchange | US92189F1066 ISIN |
| United States Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
The company in discussion is a specialized investment fund focusing on the gold mining sector. It dedicates a substantial portion of its assets, at least 80%, to invest in common stocks and depositary receipts of companies engaged in the gold mining industry. This investment strategy aims to leverage the growth and potential profitability within the mining for gold and silver. The fund adheres to a modified market-capitalization weighted index, which prioritizes publicly traded companies active in the gold and silver mining sectors. Given its specialized investment focus, the fund operates as a non-diversified entity, concentrating its investments in the niche market of gold and silver mining companies.
Products and Services
The fund offers a focused investment product characterized by two main components:
- Investment in Gold and Silver Mining Stocks and Receipts: The core offering is an investment vehicle that primarily targets the stocks and depositary receipts of companies involved in the mining of precious metals, specifically gold and silver. This approach seeks to capitalize on the growth potential and earnings from the gold and silver mining industry, offering investors exposure to a specialized market segment.
- Modified Market-Capitalization Weighted Index: To guide its investment decisions, the fund utilizes a modified market-capitalization weighted index. This index is specially designed to include publicly traded companies active in the gold and silver mining sectors. The use of this index ensures that the fund’s investments are well-aligned with the market movements and potential of leading companies within the niche area of gold and silver mining.
Contact Information
