VanEck Gold Miners ETF chart

Last update: 2022-12-30
Key statistics and financials
Three year average return 13.58%
YTD return -6.19%
Beta 3Y 0.72
Total Assets 13.27B
Annual report expense ratio 0.51%

Company description

The fund normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the gold mining industry. The index is a modified market-capitalization weighted index primarily comprised of publicly traded companies involved in the mining for gold and silver. The fund is non-diversified.

Sector: N/A - Industry: N/A


Insider Transactions

Here are the insider transactions of stock shares related to VanEck Gold Miners ETF:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to VanEck Gold Miners ETF. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on VanEck Gold Miners ETF

Here is the result of two systematic investment strategies applied to VanEck Gold Miners ETF. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on VanEck Gold Miners ETF

The following chart shows the equity curve of the two systematic investment strategies applied to VanEck Gold Miners ETF:

VanEck Gold Miners ETF automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 25.94% on the backtest period.

Performance at glance

Performance

25.94 %

Latent gain

509.04 $

Invested capital

1962.48 $

Annualized return

6.27 %
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Momentum strategy results on VanEck Gold Miners ETF

This is the result of two momentum investment strategies applied to VanEck Gold Miners ETF. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on VanEck Gold Miners ETF

The following chart shows all the entries opened by the momentum investment system on VanEck Gold Miners ETF:

VanEck Gold Miners ETF momentum entries
  • The first momentum investment strategy would give 21.65% of return on VanEck Gold Miners ETF. That represents 1087.86$ of latent gain with 5025.9$ of employed capital.
  • The second momentum investment strategy would give 36.5% of return on VanEck Gold Miners ETF. That represents 1017.48$ of latent gain with 2787.36$ of employed capital.
Performance at glance (1Q Momentum)

Performance

21.65 %

Latent gain

1087.86 $

Invested capital

5025.9 $

Annualized return

-7.73 %
Performance at glance (2Q Momentum)

Performance

36.5 %

Latent gain

1017.48 $

Invested capital

2787.36 $

Annualized return

9.97 %

Momentum equity curve on VanEck Gold Miners ETF

The following chart shows the equity curve of the two momentum strategies applied to VanEck Gold Miners ETF:

VanEck Gold Miners ETF momentum equity

Note: the dividends potentially given by VanEck Gold Miners ETF are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on VanEck Gold Miners ETF

The following chart shows the employed capital evolution of the two momentum strategies on VanEck Gold Miners ETF since the beginning:

VanEck Gold Miners ETF

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on VanEck Gold Miners ETF

Buy the dip entry openings on VanEck Gold Miners ETF

VanEck Gold Miners ETF

The performance achieved by the robo-advisor on VanEck Gold Miners ETF is -16.55%. That represents -38.7$ of latent gain with 233.82$ of employed capital. The following chart shows VanEck Gold Miners ETF stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of VanEck Gold Miners ETF, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-16.55 %

Latent gain

-38.7 $

Invested capital

233.82 $

Annualized return

-7.73 %

Equity curve of the strategy applied to VanEck Gold Miners ETF

The following chart shows the result of the investment strategy applied to VanEck Gold Miners ETF:

VanEck Gold Miners ETF

Note: the dividends potentially given by VanEck Gold Miners ETF are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on VanEck Gold Miners ETF

The following chart shows the employed capital evolution since the beginning of the investment strategy on VanEck Gold Miners ETF:

VanEck Gold Miners ETF

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on VanEck Gold Miners ETF

In this section, I will compare the three previous investment strategies applied to VanEck Gold Miners ETF.

Equity curve comparison on VanEck Gold Miners ETF

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

VanEck Gold Miners ETF investment strategy comparison

Employed capital comparison on VanEck Gold Miners ETF

VanEck Gold Miners ETF investment comparison

Performance comparison on VanEck Gold Miners ETF

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 25.94% 509.04$ 1962.48$ 6.27%
Momentum 1 quarter 21.65% 1087.86$ 5025.9$ 5.55%
Momentum 2 quarters 36.5% 1017.48$ 2787.36$ 9.97%
Non-directional -16.55% -38.7$ 233.82$ -7.73%
Annualized return comparison

Automatic investment

6.27 %

Momentum 1Q

9.97 %

Momentum 2Q

9.97 %

Non-directional

-7.73 %

Correlated stocks

Here are the most positively and negatively correlated stocks with VanEck Gold Miners ETF:

Note: The algorithm computes the probability of correlation between VanEck Gold Miners ETF and the other stocks. There may be false positives or some missing correlated stocks. If the price of VanEck Gold Miners ETF does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name VanEck Gold Miners ETF
Country
City
Address
Phone
Website
FullTime employees
Industry
Sector
Exchange ARCX
Ticker GDX
Market

VanEck Gold Miners ETF ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown