VanEck Gold Miners UCITS ETF (G2X)

Profile

https://www.gd.com

VanEck Gold Miners UCITS ETF is an exchange-traded fund that provides investors with targeted exposure to the gold mining sector by tracking the NYSE Arca Gold Miners Index, which measures the performance of companies involved in gold mining and related activities. Launched on March 25, 2015, and domiciled in Ireland, the ETF employs a physical replication strategy and is currency unhedged with USD as its fund currency, accumulating dividends rather than distributing them. With approximately 3,479 million Euros in assets under management, it features a total expense ratio of 0.53% per annum and focuses on long-only investments without a sustainability mandate. Key holdings include major producers like Agnico Eagle Mines Ltd (around 9-12%), Newmont Corp (9-13%), Barrick Gold Corp, and Wheaton Precious Metals Corp, spanning countries such as Canada, the United States, Australia, and South Africa. This ETF plays a significant role in the financial markets by offering leveraged sensitivity to gold price movements through established global miners, enabling portfolio diversification into precious metals extraction amid commodity cycles.