VanEck Gold Miners ETF (GDX) is a commodities and metals ETF. As of October 28, 2026, ETF Copilot scores GDX 6.5 out of 10 — highest on Quality (10.0), lowest on Risk (0.4). Its ten largest holdings are 60% of the fund.
What stands out in GDX's data
Global gold and silver miners, weighted toward the largest producers.
Returns over three years have outpaced most commodity-metal funds — the sector's recent strength has rewarded its holders.
A 44% three-year return sits above the peer median of 34%. The fund charges 0.51% a year, under the 0.6% category norm.
A focused play on the gold-mining sector — direct exposure to the metal's price swings, amplified by leveraged earnings.
Why did GDX move this week? It fell 3.2% in the week to October 28, 2026 — Newmont and Wheaton Precious Metals drove it
GDX fell 3.2% in the week to October 28, 2026. The holdings that moved it most were Newmont (−2.8%), Wheaton Precious Metals (−4.2%) and Anglogold Ashanti (−4.6%); Amman Mineral Inte (+3.5%) pushed the other way.
How is GDX rated? ETF Copilot scores VanEck Gold Miners ETF (GDX) 6.5 out of 10
As of October 28, 2026, ETF Copilot scores VanEck Gold Miners ETF (GDX) 6.5 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 6.5 / 10
- Growth: 3.9 / 10
- Value: 9.4 / 10
- Risk: 0.4 / 10
- Quality: 10.0 / 10
- Return: 9.0 / 10
GDX is ranked #2 of 10 in ETF Copilot's Real Assets list.
What's inside GDX?
What's inside GDX: Size (Large 52%, Mid 40%, Small 8%); Geography (International 82%, US 18%).
What are GDX's top holdings? The ten largest are 60% of the fund
Agnico Eagle Mines, Newmont, Barrick Mining, Wheaton Precious Metals, Franco-Nevada, Anglogold Ashanti, Gold Fields, Kinross Gold, Northern Star Resources and PAN American Silver are GDX's largest holdings, in that order.
Less concentrated than 55% of Commodities & Metals ETFs.
Half of GDX's weight sits in its 7 largest positions, and once those weights are taken into account it behaves like 20 equally weighted holdings.
What is GDX's expense ratio? 0.51% a year
As of October 28, 2026, GDX charges 0.51% a year, yields 0.75% and holds $25.6B in assets across 59 positions.
| Measure | GDX |
|---|---|
| Expense ratio | 0.51% |
| Dividend yield | 0.75% |
| Assets under management | $25.6B |
| Holdings | 59 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “VanEck Gold Miners ETF (GDX) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/gdx
ETF Copilot Pro unlocks GDX's price and what each holding weighs.
Try Pro free →