ETF·NYSE
VanEck Gold Miners ETF (GDX)
- Net assets
- $26.25B
- Expense ratio
- 0.51%
- Yield
- 0.72%
- 52-week range
- $68.13 $117.18
The short version
Where GDX stands today, in four lines, and what CleaRank Financial AI makes of it.
GDX at a glance
VanEck Gold Miners ETF (GDX): Hold, 42/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($93.43 and $91.05).
- Fund Expense ratio 0.51%, $26.3B in net assets, +15.9% total return over 1 year.
Figures as of October 17, 2026.
CleaRank Financial AI
CleaRank rates VanEck Gold Miners ETF (GDX) Hold, with a model score of 42/100.
One-year performance lifts the score most: the price rose 3.87% over the past year. The trend holds it back most: the price is 3.67% below its 200-day average and 6.13% below its 50-day average. The 50-day average stands at $93.43 and the 200-day at $91.05.
Only on CleaRank
Figures we compute ourselves from GDX's own price history. Tap one to see it in context.
Price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
1/4Price above its 50-day average ›
The price of $87.71 is 6.1% below the 50-day simple moving average of $93.43.Price above its 200-day average ›
The price is 3.7% below the 200-day simple moving average of $91.05.50-day average above the 200-day ›
The 50-day average ($93.43) is 2.6% above the 200-day average ($91.05), the arrangement of a rising longer-term trend.In the upper half of its 52-week range ›
The price sits at 40% of its 52-week range, between $68.13 and $117.18.
GDX share price
Pick a period: each tab shows how far GDX has moved over it, to the last close.
Today's trading
Where GDX sits inside today's range and its 52-week range.
Fund facts and valuation
What the fund holds, what it costs and how it is valued.
Fund checks
3/5Expense ratio at or below 0.20% ›
The fund charges 0.51% a year, $51.00 on a $10,000 holding.Over $1B in net assets ›
Net assets total $26.3B.No sector above 35% of the fund ›
The largest sector, Basic Materials, makes up 100.0% of the fund.Pays a distribution ›
The distribution yield is 0.72%.Positive return over one year ›
The fund family reports a one-year total return of 15.86%.
GDX Fund Facts
VanEck Gold Miners ETF is an exchange-traded fund that provides broad exposure to companies involved in the gold mining industry. The fund seeks to track the performance of a benchmark of publicly traded gold and silver miners, giving investors access to a diversified basket of mining equities rather than direct ownership of physical gold. Its portfolio typically includes established global producers, royalty and streaming companies, and other businesses tied to precious metals extraction and processing.
Sector weights
Trailing total returns
| Period | GDX |
|---|---|
| YTD | 2.05% |
| 1 month | -11.02% |
| 3 months | 16.47% |
| 1 year | 15.86% |
| 3 years | 50.00% |
| 5 years | 26.15% |
| 10 years | 13.87% |
As of Oct 17, 2026, GDX has an expense ratio of 0.51%, $26.25B in net assets and a distribution yield of 0.72%.
Fund reference data as of Oct 17, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.
Key statistics
The headline figures for GDX.
What the numbers say
CleaRank Financial AI's reading of GDX's holdings, performance and risks.
VanEck Gold Miners ETF (GDX) is anchored by Basic Materials, which accounts for 100.0% of the fund. With nearly all holdings in one sector, GDX moves in step with that sector. The fund is an Equity Precious Metals offering from VanEck and was launched on May 16, 2006.
Fees run at 0.51% a year, or $51.00 on a $10,000 holding. The fund has $26.3B in net assets, pays a distribution yield of 0.72%, and turns over its portfolio at a rate of 50%.
GDX's daily returns have a 30-day standard deviation of 2.40%. Concentration is the other concern: Basic Materials makes up 100.0% of the fund, so trouble in that sector would hit the whole fund. The downtrend adds risk for as long as the price remains below both moving averages. The price is 25.15% under its 52-week high of $117.18.
AI analysis and technicals
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
1/3RSI not overbought or oversold ›
The 14-day RSI is 46.2, in neutral territory.RSI above 50 ›
An RSI of 46.2 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank AI analysis of GDX
The score, the reasoning behind it, and what could move the price next.
VanEck Gold Miners ETF (GDX) sits under both of its main moving averages. At $87.71, it trades 6.13% below its 50-day average of $93.43 and 3.67% below its 200-day average of $91.05. The 50-day average is still 2.61% above the 200-day, but that gap would shrink if the price keeps trading under the shorter average. Within its 52-week range, running from $68.13 up to $117.18, the price stands at 40%.
The recent pullback sits within a longer record that is still firmer. Over the past month the price fell 5.48%, yet over the past three months it rose 22.98% and over the past year it rose 3.87%. The 14-day RSI sits at 46.2, which is neutral territory, while the MACD line is negative.
- Keep an eye on the two closest levels: the 20-day EMA at $88.92 sits above the price, and the 52-week low at $68.13 sits below it.
- The 14-day RSI is 46.2, which is neutral, and the MACD line is negative. Readings above 70 or below 30 would signal stretched momentum.
- Fees add up over time. At 0.51% a year, GDX takes $51.00 from every $10,000 invested.
GDX stays in a downtrend for as long as it trades below both its 50-day average of $93.43 and its 200-day average of $91.05. A close back above the 200-day average would mark the first step toward repair. Overhead, the 20-day EMA at $88.92 is the first hurdle.
The next level below the price is the 52-week low at $68.13. The 14-day RSI of 46.2 sits in the neutral band, between 40 and 60.
Technical indicators
Momentum and trend for GDX, from its daily closes.
As of October 17, 2026, with GDX at $87.71, its 14-day RSI is 46.2 (neutral territory), its 50-day simple moving average is $93.43 and its 200-day is $91.05.
Calculated by CleaRank on daily closes as of October 17, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
What GDX moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 17, 2026, GDX's 1-year correlation of daily returns is +0.31 with S&P 500 (SPY), +0.33 with Nasdaq 100 (QQQ), +0.36 with Bitcoin (BTC) and +0.84 with gold (XAU).
A trade plan, if you want one
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
GDX trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Entry Strategies pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
These levels come from GDX's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much GDX tends to move, against the market and on its own.
The long record
GDX's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
2/4Average daily move under 2% ›
The price has moved 2.40% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 49.8%, from August 2020 to September 2022, regained by October 2024.Most 1-year holds ended higher ›
67% of 1-year holding periods in the last 10 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $41,389, against $42,055 in the S&P 500 (SPY).
GDX Drawdowns & Recovery
As of October 17, 2026, GDX's worst peak-to-trough fall over the last 10 years with dividends reinvested was -49.8% (August 2020 to September 2022); it regained that peak by October 2024, 25 months after the low, and 67% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into GDX in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: GDX trailed the S&P 500 over this period: $41,389 against $42,055.
A $10,000 investment in GDX in October 2016 would be worth about $41,389 today with dividends reinvested, compared with about $42,055 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to GDX, and which have not.
Strongest month, January: an average of +4.26%, up in 6 of 10 years.
Weakest month, June: an average of -2.29%, up in 3 of 10 years.
This month, October: has averaged +1.86%, up in 6 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, GDX's strongest calendar month has been January (average +4.26%, up in 6 of 10 years) and its weakest June (average -2.29%, up in 3 of 10 years).
Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.
Long-term scenarios
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in GDX, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in GDX today could grow to about $23,711 by 2036 in the base case, with a 90th-percentile outcome near $108,844 and a 10th-percentile outcome around $5,165. The simulation models price only; at today's 0.72% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.
GDX 2030 Scenarios (Monte Carlo)
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $124 for GDX by 2030 in the base case, from $87.71 today (1.4x over 4 years). The 10th-percentile path ends near $47.25. These are outcomes of a Monte Carlo simulation run on GDX's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $59.05 | $95.62 | $155 | |
| 2028 | $52.73 | $104 | $206 | |
| 2029 | $49.32 | $114 | $262 | |
| 2030 | $47.25 | $124 | $325 | |
| 2031 | $45.97 | $135 | $397 |
Method: a lognormal simulation of GDX's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
Questions people ask
Answered from the figures on this page, as of October 17, 2026.