Options volumes leaned bullish in both the SPDR Gold ETF (GLD) and VanEck Gold Miners ETF (GDX) on Tuesday.
VanEck Gold Miners ETF(GDX · ETF)
ETF quote, holdings, sector allocation, technicals, and options analytics.
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
Snapshot
$87.27
- 52-Week Range
- $50.32 – $117.17
- YTD
- +1.80%
- IV Rank (30D)
- 68.59
- Straddle Price
- $8.93
- P/C Vol Ratio
- 0.49
Info
VanEck Gold Miners ETF (GDX) ETF
- Exchange
- ARCX
- Inception
- 2006-05-16
- Has Options
- Yes
ETF Profile
holdings as of 2026-06-15
Holdings
59
AUM
$25.9B
Provider
VanEck
Inception
2006-05-16
Exchange
ARCX
Data As Of
2026-06-15
Expense Ratio
0.51%
Dividend Yield
0.73%
Distribution
Annual
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2025-12-22 | 2025-12-26 | $0.6331 | CD |
| 2024-12-23 | 2024-12-24 | $0.4025 | CD |
| 2023-12-18 | 2023-12-22 | $0.5001 | CD |
| 2022-12-19 | 2022-12-23 | $0.4762 | CD |
| 2021-12-20 | 2021-12-27 | $0.5348 | CD |
Asset Allocation
Top Holdings
top 50 of 59 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| NEM | Newmont Corp | 11.31% | Equity (US) | — |
| AEM | Agnico Eagle Mines Ltd | 10.99% | Equity (US) | — |
| B | Barrick Mining Corp | 8.41% | Equity (US) | — |
| AU | Anglogold Ashanti Plc | 5.18% | Equity (US) | — |
| FNV | Franco-Nevada Corp | 4.99% | Equity (US) | — |
| WPM | Wheaton Precious Metals Corp | 4.97% | Equity (US) | — |
| KGC | Kinross Gold Corp | 4.51% | Equity (US) | — |
| GFI | Gold Fields Ltd | 4.20% | Equity (US) | — |
| PAAS | Pan American Silver Corp | 3.20% | Equity (US) | — |
| — | Northern Star Resources Ltd | 2.85% | Equity (US) | — |
| CDE | Coeur Mining Inc | 2.60% | Equity (US) | — |
| AGI | Alamos Gold Inc | 2.33% | Equity (US) | — |
| RGLD | Royal Gold Inc | 2.02% | Equity (US) | — |
| — | Evolution Mining Ltd | 1.66% | Equity (US) | — |
| — | Industrias Penoles Sab De Cv | 1.62% | Equity (US) | — |
| — | Endeavour Mining Plc | 1.53% | Equity (US) | — |
| AG | First Majestic Silver Corp | 1.49% | Equity (US) | — |
| — | Fresnillo Plc | 1.38% | Equity (US) | — |
| EQX | Equinox Gold Corp | 1.36% | Equity (US) | — |
| IAG | Iamgold Corp | 1.35% | Equity (US) | — |
| HL | Hecla Mining Co | 1.21% | Equity (US) | — |
| HMY | Harmony Gold Mining Co Ltd | 1.21% | Equity (US) | — |
| EGO | Eldorado Gold Corp | 1.16% | Equity (US) | — |
| BVN | Cia De Minas Buenaventura Saa | 1.06% | Equity (US) | — |
| — | Lundin Gold Inc | 1.04% | Equity (US) | — |
| — | Oceanagold Corp | 1.01% | Equity (US) | — |
| — | Dundee Precious Metals Inc | 0.92% | Equity (US) | — |
| BTG | B2gold Corp | 0.88% | Equity (US) | — |
| — | G Mining Ventures Corp | 0.82% | Equity (US) | — |
| SSRM | Ssr Mining Inc | 0.81% | Equity (US) | — |
| — | Zhaojin Mining Industry Co Ltd | 0.78% | Equity (US) | — |
| — | Greatland Resources Ltd | 0.77% | Equity (US) | — |
| OR | Or Royalties Inc | 0.70% | Equity (US) | — |
| — | Discovery Silver Corp | 0.67% | Equity (US) | — |
| — | Ramelius Resources Ltd | 0.62% | Equity (US) | — |
| — | Artemis Gold Inc | 0.60% | Equity (US) | — |
| ARMN | Aris Mining Corp | 0.58% | Equity (US) | — |
| — | Perseus Mining Ltd | 0.58% | Equity (US) | — |
| — | Torex Gold Resources Inc | 0.57% | Equity (US) | — |
| — | K92 Mining Inc | 0.56% | Equity (US) | — |
| — | Amman Mineral Internasional Pt | 0.54% | Equity (US) | — |
| — | Capricorn Metals Ltd | 0.53% | Equity (US) | — |
| CGAU | Centerra Gold Inc | 0.52% | Equity (US) | — |
| — | Genesis Minerals Ltd | 0.50% | Equity (US) | — |
| ORLA | Orla Mining Ltd | 0.47% | Equity (US) | — |
| — | Bumi Resources Minerals Tbk Pt | 0.46% | Equity (US) | — |
| — | Wesdome Gold Mines Ltd/Canada | 0.46% | Equity (US) | — |
| EXK | Endeavour Silver Corp | 0.44% | Equity (US) | — |
| — | Westgold Resources Ltd | 0.41% | Equity (US) | — |
| SA | Seabridge Gold Inc | 0.41% | Equity (US) | — |
Geographic Breakdown
Fund Holdings
VanEck Gold Miners ETF ·
NPORT-P period 2026-12-31
(filed 2026-05-28)
Net assets:
$28.16B
· 52 total positions
· equity 99.72%
· non-equity 0.63%
| # | Symbol | Issuer | Weight | Value |
|---|---|---|---|---|
| 1 | Agnico Eagle Mines Ltd | Agnico Eagle Mines Ltd | 12.08% | $3.40B |
| 2 | Newmont Corp | Newmont Corp | 10.77% | $3.03B |
| 3 | Barrick Mining Corp | Barrick Mining Corp | 7.63% | $2.15B |
| 4 | Franco-Nevada Corp | Franco-Nevada Corp | 5.16% | $1.45B |
| 5 | Anglogold Ashanti Plc | Anglogold Ashanti Plc | 5.09% | $1.43B |
| 6 | Wheaton Precious Metals Corp | Wheaton Precious Metals Corp | 4.89% | $1.38B |
| 7 | Kinross Gold Corp | Kinross Gold Corp | 4.68% | $1.32B |
| 8 | Gold Fields Ltd | Gold Fields Ltd | 4.48% | $1.26B |
| 9 | Pan American Silver Corp | Pan American Silver Corp | 3.19% | $899.5M |
| 10 | Northern Star Resources Ltd | Northern Star Resources Ltd | 2.59% | $729.9M |
| 11 | Alamos Gold Inc | Alamos Gold Inc | 2.56% | $719.5M |
| 12 | Coeur Mining Inc | Coeur Mining Inc | 2.43% | $683.8M |
| 13 | Royal Gold Inc | Royal Gold Inc | 2.22% | $624.3M |
| 14 | Equinox Gold Corp | Equinox Gold Corp | 1.64% | $460.5M |
| 15 | Endeavour Mining PLC | Endeavour Mining PLC | 1.58% | $445.6M |
| 16 | First Majestic Silver Corp | First Majestic Silver Corp | 1.57% | $442.4M |
| 17 | Evolution Mining Ltd | Evolution Mining Ltd | 1.57% | $441.7M |
| 18 | Industrias Penoles SAB de CV | Industrias Penoles SAB de CV | 1.35% | $378.7M |
| 19 | Fresnillo PLC | Fresnillo PLC | 1.33% | $373.5M |
| 20 | IAMGOLD Corp | IAMGOLD Corp | 1.32% | $371.9M |
| 21 | Hecla Mining Co | Hecla Mining Co | 1.26% | $355.5M |
| 22 | Lundin Gold Inc | Lundin Gold Inc | 1.26% | $355.1M |
| 23 | Zhaojin Mining Industry Co Ltd | Zhaojin Mining Industry Co Ltd | 1.11% | $313.4M |
| 24 | OceanaGold Corp | OceanaGold Corp | 1.06% | $298.9M |
| 25 | Cia de Minas Buenaventura SAA | Cia de Minas Buenaventura SAA | 1.02% | $286.6M |
Showing top 25 of 51 equity holdings.
Daily issuer data also available
(2026-06-17)
via ETF Constituents
Chart
Seasonality
| Month | Avg Return | Years of Data |
|---|---|---|
| Jan | +0.43% | 6 |
| Feb | +2.40% | 6 |
| Mar | +4.25% | 6 |
| Apr | -0.42% | 6 |
| May | +0.60% | 6 |
| Jun | -5.17% | 6 |
| Jul | +2.02% | 5 |
| Aug | -3.17% | 5 |
| Sep | +1.83% | 5 |
| Oct | +3.04% | 5 |
| Nov | +6.44% | 5 |
| Dec | -0.94% | 5 |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $84.00
SMA 50: $89.61
SMA 200: $86.99
Current: $86.66
EMA 12: $83.34
EMA 26: $85.14
MACD: -1.7965 | Signal: 0.7362
BEARISH
ADX (14): 20.37
WEAK TREND
+DI: 30.75
−DI: 26.58
Momentum Oscillators
RSI (14): 52.10
NEUTRAL
Stoch %K: 76.27
Stoch %D: 61.14
Williams %R: -22.12
Volume & Volatility
BB Upper: $92.69
BB Lower: $75.30
NEUTRAL
OBV: 806,985,835
Vol SMA 20: 23,381,702
Vol ROC: 28.67%
ATR: $3.88
True Range: $3.71
HV 20: 59.7%
HV 30: 60.4%
HV 60: 53.5%
Data Summary
Data Points: 500
Last Updated: 2026-06-17T18:35:07.422000
Date Range: 2024-06-18T00:00:00 – 2026-06-16T00:00:00
AI Analysis
Choose Frenzy-Fast™ for quick analysis or Frenzy-Pro™ for comprehensive analysis.
Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.
News
Options Activity
- IV Rank (30D)
- 68.59
- IV Rank (7D)
- 44.55
- Avg IV
- 92.3%
- Straddle (30D)
- $8.93
- Straddle (7D)
- $5.10
- P/C Volume
- 0.49
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
- Beta (1Y vs SPY)
- 1.69
- Correlation (SPY)
- 44.3%
- R²
- 0.20
- Ann. Volatility
- 47.3%
- SPY Volatility
- 12.4%
High volatility - stock moves more than market
Beta & Alpha Over Time
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Price | 1 Day | 1 Week | 1 Month |
|---|