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GDX Gold Miners ETF (GDX)

Gold Miners · Benchmark: Index Benchmark · Domiciled in US

AUM
$402.5B
Expense ratio
29.00%
Inception
2021-03-15
VMCI-Composite
56/100
5y CAGR
15.6%

VMCI-Composite holdings score

ValueMarkers builds the VMCI-Composite by taking the underlying VMCI score for each of the ETF's top-10 holdings and weighting it by the holding's share of the fund. The number summarizes the fundamentals of the largest positions on the five-pillar framework — Value, Quality, Integrity, Growth, Risk.

GDX Gold Miners ETF — analysis

GDX Gold Miners ETF runs $402.5B against Index Benchmark, with 29 bps of annual cost. The GDX ticker is the listing on the primary US exchange; the strategy has been live since 2021 in the gold miners category.

Composite quality on GDX's top-10 sleeve: VMCI of 56/100. The number aggregates Value, Quality, Integrity, Growth, and Risk pillars across the funds' largest positions. The cohort comparison reads mid-table composite quality.

GDX performance ledger: 5y CAGR 15.6% (benchmark: 14.0%), 3y 12.5%, 1y -30.5%, YTD 5.6%. The 5y delta to index is 1.6 pp annualized.

Distribution metrics on GDX: 1.10% TTM yield, 2.6% 5y dividend CAGR. The two numbers together set the carry-and-growth math that income allocators run on this kind of fund.

On portfolio structure, GDX carries a 31% top-10 weight and a Technology-led sector mix (33%). The fund's largest single position is AAPL at 3.62%.

Funds that sit closest to GDX on the gold miners shelf: GLD, IAU. Allocators usually choose between them on cost (29 bps on this fund), distribution profile, and underlying methodology rather than headline category.

Top 25 holdings

#TickerWeightVMCI
1AAPL3.62%51
2MSFT3.62%79
3NVDA3.53%48
4AMZN3.43%55
5GOOGL3.28%41
6META3.13%42
7BRK-B2.99%63
8TSLA2.69%71
9V2.45%43
10JPM2.45%62
11UNH2.20%68
12XOM2.15%55
13JNJ2.06%47
14PG1.76%66
15MA1.71%89
16HD1.62%47
17MRK1.52%81
18AVGO1.22%54
19PEP1.18%40
20COST0.88%82
21KO0.69%81
22WMT0.69%69
23BAC0.59%49
24CVX0.29%42
25ADBE0.24%61

Performance & income

YTD
5.6%
1y total return
-30.5%
3y CAGR
12.5%
5y CAGR vs benchmark
15.6% / 14.0%
Dividend yield
1.10%
5y distribution CAGR
2.6%

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Data refreshed at request time and cached for 6 hours. As of 2026-05-15.

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