GDX ETF Analysis: Gold Miners | NYSE
Equity Precious Metals | NYSE, USA | Market Cap: 27.741m USD | 12M Return: 27.9% | US92189F1066 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 2.03B
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The VanEck Gold Miners ETF (GDX) is a passively managed exchange-traded fund that seeks to track a modified capitalization-weighted, float-adjusted index of publicly traded companies primarily engaged in the gold and silver mining industry. To maintain its investment focus, the fund commits at least 80% of its total assets to the securities that make up this benchmark index.
As a non-diversified fund, GDX concentrates its exposure within the precious metals mining sector, distinguishing it from broadly diversified equity funds. The index methodology adjusts constituent weights based on free-float (excluding closely held shares) and applies modifications to traditional market-cap weighting, which can limit the influence of the largest miners on fund performance. Because the underlying holdings are equity securities of mining companies rather than physical bullion, the funds returns reflect both commodity price movements and the operating performance of mining firms.
- Gold prices surge on central bank buying and rate cut expectations
- Major miners expand margins as production costs decline
- Top holdings boost buybacks and dividends on record earnings
As of September 27, 2026, the stock is trading at USD 92.87 with a total of 15,393,758 shares traded. Over the past week, the price has changed by -2.73%, over one month by -11.99%, over three months by +22.73% and over the past year by +27.92%.
Current recommended Stop Loss: 88.20 (which is 5% or 1.4 ATR below the current price).
Gold Miners has no consensus analysts rating.