What companies are in the GDXJ?
Table of Contents
What companies are in the GDXJ?
Top 10 Holdings
| Company | Symbol | Total Net Assets |
|---|---|---|
| Merdeka Copper Gold Tbk PT ORD | MMLP | 6.05% |
| Yamana Gold Inc. | AUY | 5.71% |
| Evolution Mining Ltd. | CAHPF | 5.24% |
| Pan American Silver Corp. | PAAS | 5.19% |
Is GDXJ a leveraged ETF?
On their own, small caps and gold miners can be volatile assets. Combined, the volatility increases. JNUG is the triple-leveraged answer to the VanEck Vectors Junior Gold Miners ETF (GDXJ), an ETF with a three-year standard deviation of just over 50 percent.
Does Gdxj pay dividend?
VanEck Vectors Junior Gold Miners ETF (GDXJ) GDXJ has a dividend yield of 2.43% and paid $0.75 per share in the past year. The dividend is paid once per year and the last ex-dividend date was Dec 20, 2021.
Is Gdxj a good buy?
GDXJ is in an unsustainable position. With $5.5B in assets, the ETF has to buy a whopping 20% of the junior miners sector. Thus, it can’t trade in and out of positions without sending prices to the moon/floor when the index changes and forces it to add or drop a position.
Is Gdxj a good stock to buy?
Is there a 3x leveraged gold ETF?
3 There are no more gold commodity ETFs trading in the U.S. that offer 3× leverage. However, investors should note that leveraged gold ETFs are not meant to track gold over long time periods. The leverage resets on a daily basis for these funds, which are not intended for long-term, buy-and-hold strategies.
What is VanEck Junior Gold Miners ETF?
VanEck Junior Gold Miners ETF (GDXJ®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS®Global Junior Gold Miners Index (MVGDXJTR), which is intended to track the overall performance of small-capitalization companies that are involved primarily in the …
How often does the Gdxj pay dividends?
once per year
GDXJ Dividend Information GDXJ has a dividend yield of 1.87% and paid $0.75 per share in the past year. The dividend is paid once per year and the last ex-dividend date was Dec 20, 2021.
What are junior gold miners?
A junior gold miner is a junior company that exclusively mines gold. Most of these companies are in the development and exploration phase and are on the lookout for land with a higher chance for uncovering large mineral deposits.
Is GLD a leveraged ETF?
UGL, DGP, GLL, and DZZ are the 4 leveraged gold ETFs for Q2 2022. Matthew Johnston has more than 5 years writing content for Investopedia. He is an expert on company news, market news, political news, trading news, investing, and the economy.
Is IAU backed by physical gold?
IAU holds physical bullion. Prices will reflect the current spot market values.
