GDX.L - Overview | Nexus Finance

About this ETF

The VanEck Gold Miners UCITS ETF seeks to track the MarketVector Global Gold Miners index. The MarketVector Global Gold Miners index tracks companies in the global gold and silver mining industry.

TER

0.53%

Total Expense Ratio per year

Fund Size

€3.75B

Assets under management

Holdings

Underlying equities

Dividend Yield

Accumulating

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples

Weighted P/E

14.27

Weighted Fwd P/E

12.9

💰 Revenue Estimates

Current Year CY

+36.71% ⌀ 10 Analysts Coverage

Next Year NY

+17.73% ⌀ 10 Analysts Coverage

📈 EPS Estimates (Earnings Per Share)

Current Year CY

+63.07% ⌀ 11 Analysts Coverage

Next Year NY

+52.01% ⌀ 12 Analysts Coverage

Related ETFs

IAUP.L • iShares

iShares Gold Producers UCITS ETF

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TER 0.55% 1Y +11.4%

GDXJ.L • VanEck

VanEck Junior Gold Miners UCITS ETF

105.05 USD

TER 0.55% 1Y +8.1%

GLDU.AS • Amundi

Amundi Gold Miners UCITS ETF Dist

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TER 0.65% 1Y +13.6%

AUCO.L • L&G

L&G Gold Mining UCITS ETF

113.19 USD

TER 0.55% 1Y +10.8%

ESGO.SW • HANetf

Gold Miners Screened UCITS ETF – Acc

15.98 CHF

TER 0.6% 1Y +9.1%

GDIG.L • VanEck

VanEck S&P Global Mining UCITS ETF

63.89 USD

TER 0.5% 1Y +22.1%

SILV • Global X

Silver Miners UCITS ETF

1.46B EUR

TER 0.65%

COPX • Global X

Copper Miners UCITS ETF

85.75 USD

TER 0.55% 1Y +28.2%

ETF Profile

Provider

VanEck

Fund Type

ETF

Type

Passive

Inception Date

03/25/2015 (11 yrs)

Index Group

MarketVector Gold Miners

Index

MarketVector Global Gold Miners

Region

World

Country

Sector

Basic Materials

Strategy

Theme

Goldminers

Distribution Policy

Accumulating

Replication

Full replication

Sustainable

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

7/7 Very High

Diversification Score: 8/100 Low (Concentration Risk)

Diversification Score

8/100 Low (Concentration Risk)

5Y Volatility

37.7% p.a.

Max Drawdown (5Y)

-45.5%

Sharpe Ratio (5Y)

0.58

Beta Factor

1.04

Notes & Warnings

Fund Volume (AUM) 🟢 Established large fund (> 500M € AUM)

🟡 Moderate analyst coverage (11 analysts)

⚠️ Elevated top 10 holdings concentration: 59% of fund in top 10 positions.

🔴 Severe sector concentration risk: 99% in "Basic Materials".

🔴 Extreme industry concentration: 89% in "Gold".

🔴 High Commodity Concentration: 100% of fund depends directly on volatile energy and raw material markets.

🔴 Dominant Cyclicality: 100% in cyclical industries – higher drawdown risk in recessions.

🔴 Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (37.7% p.a.).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -45.5% in the extended horizon.