Junior Gold Mining Stocks Etf

Junior gold miners are one of the the riskiest equity investments one can make without a margin account.

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. Vaneck gold miners etf gdx was up 141. The fund seeks to replicate as closely as possible the price and yield of the market vectors junior gold miners index. Vaneck vectors etf trust vaneck vectors junior gold miners etf is an exchange traded fund launched and managed by van eck associates corporation.

These small companies armed with cash and a few unproven mining prospects have the. From 16 87 to 52 5 points within a few months. Physical gold in the same period gained about 30. The msci esg fund rating measures the resiliency of portfolios to long term risks and.

The fund will normally invest at least 80 of its total assets in companies. 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 junior gold miners etf has an msci esg fund rating of bbb based on a score of 4 40 out of 10. 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.