Junior Gold Mining Stocks Etf
Gold miners etfs invest in stocks of companies that are actively involved in mining and other aspects of gold production.
Junior gold mining stocks etf. As can be seen in the chart below gold mining stocks started seeing early signs of recovery in 2016 when the vaneck junior gold miners etf gdxj exploded up to 211 i e. The fund seeks to replicate as closely as possible the price and yield of the market vectors junior gold miners index. The fund invests in public equity markets of. Vaneck vectors junior gold miners etf has an msci esg fund rating of bbb based on a score of 4 40 out of 10.
Gold is quite a volatile commodity and gold miners are a leveraged play on gold prices therefore the long run returns of a 2x etf like jnug stock are rather dangerous and unpredictable. Vaneck vectors etf trust vaneck vectors junior gold miners etf is an exchange traded fund launched and managed by van eck associates corporation. Junior gold miners are one of the the riskiest equity investments one can make without a margin account. Click on the tabs below to see more information on gold miners etfs including historical performance dividends holdings expense ratios technical indicators analysts reports and more.
Physical gold in the same period gained about 30. Vaneck gold miners etf gdx was up 141. The msci esg fund rating measures the resiliency of portfolios to long term risks and. Vaneck vectors 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 mining for gold and or silver.