ETF·NYSE
VanEck Gold Miners ETF (GDX)
- Net assets
- $26.25B
- Expense ratio
- 0.51%
- Yield
- 0.72%
- 52-week range
- $68.20 $117.18
GDX ETF forecast today
Where GDX stands today, and what CleaRank Financial AI makes of it.
GDX at a glance
VanEck Gold Miners ETF (GDX): Sell, 26/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($91.64 and $90.61).
- Fund Expense ratio 0.51%, $26.3B in net assets, price up 5.7% over 1 year.
Figures as of October 30, 2026.
CleaRank Financial AI
VanEck Gold Miners ETF (GDX) carries a CleaRank rating of Sell and a model score of 26/100.
The biggest push up comes from one-year performance, where the price gained 5.75%. The biggest drag comes from the trend, since the price sits 14.92% below its 200-day average and 15.87% below its 50-day average. Those averages stand at $91.64 for the 50-day and $90.61 for the 200-day.
Only on CleaRank
Figures we compute ourselves from GDX's own price history. Tap one to see it in context.
GDX ETF price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
1/4Price below its 50-day average ›
The price of $77.09 is 15.9% below the 50-day simple moving average of $91.64.Price below its 200-day average ›
The price is 14.9% below the 200-day simple moving average of $90.61.50-day average above the 200-day ›
The 50-day average ($91.64) is 1.1% above the 200-day average ($90.61), the arrangement of a rising longer-term trend.In the lower half of its 52-week range ›
The price sits at 18% of its 52-week range, between $68.20 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.
GDX fund facts and valuation
What the fund holds, what it costs and how it is valued.
Fund checks
3/5Expense ratio above 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.One 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%.Price up over one year ›
The price rose 5.75% over the past year.
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
Total returns, as the fund family reports them
| 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 31, 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 31, 2026. Expense ratio and net assets are reported by the fund. The trailing returns are the fund family's own month-end total returns, with distributions included, so they can differ from the price changes elsewhere on this page.
Key statistics
The headline figures for GDX.
What the numbers say
CleaRank Financial AI's reading of GDX's holdings, performance and risks.
Basic Materials leads VanEck Gold Miners ETF (GDX), and it accounts for 100.0% of the fund. Because nearly the entire portfolio sits in that single sector, GDX tends to move in step with it. The fund belongs to the Equity Precious Metals type and is run by VanEck. It launched on May 16, 2006.
Each year the expense ratio takes 0.51% of assets, or $51.00 on a $10,000 holding. The fund has $26.3B in net assets. Its distribution yield is 0.72%, and portfolio turnover is 50%.
GDX's daily returns have a 30-day standard deviation of 2.66%. Concentration is the main exposure: with Basic Materials at 100.0% of the fund, trouble in that sector would hit nearly all of it. The downtrend adds risk for as long as the price remains beneath both moving averages. The price is 34.21% under its 52-week high of $117.18.
GDX AI analysis and technical indicators
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 33.3, showing bearish momentum without being oversold.RSI below 50 ›
An RSI of 33.3 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line below zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank Financial AI analysis of GDX
The score, the reasoning behind it, and what could move the price next.
VanEck Gold Miners ETF (GDX) sits below both of its main moving averages. The price, at $77.09, is 15.87% below the 50-day average of $91.64 and 14.92% below the 200-day average of $90.61. Sitting at 18% of its 52-week range, the price is 13.04% above the 52-week low of $68.20. The 50-day average is 1.13% above the 200-day average, and that gap would shrink if the price keeps trading under the shorter average.
The recent pullback sits within a longer record that is still mostly positive. Over the past month the price slid 12.20%, but it climbed 4.04% over three months and 5.75% over the past year. Momentum is weak: the 14-day RSI stands at 33.3, which is in the bearish zone without reaching oversold territory, and the MACD line is negative. In the last session the price dropped 5.21% on volume that was 84.6% above its average.
- Two levels matter most right now: the 20-day EMA at $84.64, which sits above the price, and the 52-week low at $68.20, which sits below it.
- The 14-day RSI is 33.3, which falls in the bearish zone, and the MACD line is negative. Readings above 70 or below 30 signal stretched momentum in either direction.
- Fees add up over time. GDX's expense ratio of 0.51% means $51.00 a year on every $10,000 invested.
GDX stays in a downtrend for as long as it trades under both its 50-day average of $91.64 and its 200-day average of $90.61. A close back above the 200-day average would be the first sign of a repair. Overhead, the 20-day EMA at $84.64 is the first barrier the price would need to clear.
The next level below the price is the 52-week low at $68.20. With the RSI in the bearish band, momentum does not favor a fast rebound.
Technical indicators
Momentum and trend for GDX, from its daily closes.
As of October 30, 2026, with GDX at $77.09, its 14-day RSI is 33.3 (showing bearish momentum without being oversold), its 50-day simple moving average is $91.64 and its 200-day is $90.61.
Calculated by CleaRank on daily closes as of October 30, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26). How we calculate these
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 30, 2026, GDX's 1-year correlation of daily returns is +0.32 with S&P 500 (SPY), +0.34 with Nasdaq 100 (QQQ), +0.38 with Bitcoin (BTC) and +0.84 with gold (XAU).
GDX trade plan: entry, stop loss and targets
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.
Short entry 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.
GDX price history and drawdowns
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 of 2% or more ›
The price has moved 2.66% 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.Trailed the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $34,627, against $41,607 in the S&P 500 (SPY).
GDX Drawdowns & Recovery
As of October 30, 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: $34,627 against $41,607.
A $10,000 investment in GDX in October 2016 would be worth about $34,627 today with dividends reinvested, compared with about $41,607 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.
GDX price prediction 2030
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 4-year Monte Carlo simulation, based on 10 years of price history, projects that a $10,000 investment in GDX today could grow to about $13,832 by 2030 in the base case, with a 90th-percentile outcome near $36,318 and a 10th-percentile outcome around $5,268. 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 prices, year by year.
CleaRank's simulation projects a price near $107 for GDX by 2030 in the base case, from $77.09 today (1.4x over 4 years). The 10th-percentile path ends near $40.61. 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 | $51.59 | $83.60 | $135 | |
| 2028 | $45.81 | $90.66 | $179 | |
| 2029 | $42.62 | $98.32 | $227 | |
| 2030 | $40.61 | $107 | $280 |
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. How the simulation works
GDX ETF forecast: questions people ask
Answered from the figures on this page, as of October 30, 2026.