VanEck Vectors Junior Gold Miners ETFFind Ratings Reports
- Last Ratings Update:05/31/2018
- Price as of 05/31/2018 :$32.73
- Net Assets:$2,330.8 Million
- Peer Rank:2 of 35
- Investment Rating:C
We rate VanEck Vectors Junior Gold Mnrs ETF at C. This overall rating indicates it is among the top 10% of all closed end funds in its peer group. Positive factors that influence this rating include a well above average total return, low price volatility, low expense structure and long term portfolio management tenure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Sector - Precious Metals strategy.
POSITIVES AND RISKS
Total return ranks very high in comparison with peers over the last three years. The VanEck Vectors Junior Gold Mnrs ETF has returned an annual rate of -10.00% since inception. More recently, the fund has generated a total return of -5.74% in the last five years, 11.69% in the last three years, and 2.92% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 10% of them. It has also outpaced 85% of its competitors on a three year basis and 42% of them over the last year for the period ending 5/31/2018. On a year to date basis, GDXJ has returned -3.90%.
Downside risk has been above average. GDXJ has a draw down risk of -37.34%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 43.8%. This fund has experienced excessive volatility in its monthly performance over the last 36 months. As of 5/31/2018, the fund was trading at a price of $32.73, which is 4.5% below its 52-week high of $34.26 and 1.4% above its 52-week low of $32.28.
Low expense ratio helps performance. On total assets of $2.33 billion, GDXJ maintains a low expense ratio compared to its Sector - Precious Metals peers of just 0.53% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. As GDXJ is an exchange traded fund, it has no front end or back end load.
The VanEck Vectors Junior Gold Mnrs ETF is managed by Hao-Hung Liao at Van Eck Associates Corporation. This fund is one of 55 Van Eck Associates Corporation exchange-traded funds launched since 5/16/2006 that we track.