VanEck Gold Miners ETF
Tracks NYSE Arca Gold Miners
The four numbers that price an ETF.
What the ETF actually owns.
From the most recent SEC N-PORT filing. The top-10 weight tells you how concentrated the fund is — broad-market trackers run 25-30%, single-theme funds often 50-70%.
| # | Holding | Weight | Value (USD) | Asset class |
|---|---|---|---|---|
| 1 | Agnico Eagle Mines Ltd | 12.08% | $3.40 B | EC |
| 2 | Newmont Corp | 10.77% | $3.03 B | EC |
| 3 | Barrick Mining Corp | 7.63% | $2.15 B | EC |
| 4 | Franco-Nevada Corp | 5.16% | $1.45 B | EC |
| 5 | Anglogold Ashanti Plc | 5.09% | $1.43 B | EC |
| 6 | Wheaton Precious Metals Corp | 4.89% | $1.38 B | EC |
| 7 | Kinross Gold Corp | 4.68% | $1.32 B | EC |
| 8 | Gold Fields Ltd | 4.48% | $1.26 B | EC |
| 9 | Pan American Silver Corp | 3.19% | $899 M | EC |
| 10 | Northern Star Resources Ltd | 2.59% | $730 M | EC |
| 11 | Alamos Gold Inc | 2.56% | $719 M | EC |
| 12 | Coeur Mining Inc | 2.43% | $684 M | EC |
| 13 | Royal Gold Inc | 2.22% | $624 M | EC |
| 14 | Equinox Gold Corp | 1.64% | $461 M | EC |
| 15 | Endeavour Mining PLC | 1.58% | $446 M | EC |
| 16 | First Majestic Silver Corp | 1.57% | $442 M | EC |
| 17 | Evolution Mining Ltd | 1.57% | $442 M | EC |
| 18 | Industrias Penoles SAB de CV | 1.35% | $379 M | EC |
| 19 | Fresnillo PLC | 1.33% | $374 M | EC |
| 20 | IAMGOLD Corp | 1.32% | $372 M | EC |
| 21 | Hecla Mining Co | 1.26% | $356 M | EC |
| 22 | Lundin Gold Inc | 1.26% | $355 M | EC |
| 23 | Zhaojin Mining Industry Co Ltd | 1.11% | $313 M | EC |
| 24 | OceanaGold Corp | 1.06% | $299 M | EC |
| 25 | Cia de Minas Buenaventura SAA | 1.02% | $287 M | EC |
What we measure and what we leave out.
Data sources: SEC EDGAR N-PORT filings (holdings + filing-date timestamp); issuer fact sheets for expense ratio + AUM + inception; Yahoo Finance for daily NAV.
Expense ratio is the single biggest forward predictor of long-horizon performance. A 0.03% expense ratio compounds to a fundamentally different outcome than a 0.95% expense ratio over 25 years — even if the underlying index is identical.
Concentration risk lives in the top-10 weight. For broad-market trackers (VOO, VTI, SPY) the top-10 sits around 28-32%. For thematic funds — semiconductors, AI, cannabis — top-10 often crosses 60%. A "sector tilt" with 60% in 10 names is closer to active stock-picking than passive index exposure.
LRS + tax for Indian investors: US-listed ETFs are securities for Indian-tax purposes — held > 24 months = LTCG @ 12.5%, ≤ 24 months = slab-rate STCG. Distributions are dividends taxed at slab rates (US withholds 25%, creditable via DTAA). LRS USD 250,000 / FY cap applies to each remittance.
India-listed alternative: for S&P 500 / NASDAQ-100 exposure without LRS friction, see India-listed ETFs at /etfs/ (Motilal Oswal, Mirae, Nippon, etc. variants). Higher TER but no LRS hassle and INR-settled.
What this page does not model: tracking error vs underlying index, premium/discount to NAV, bid-ask spread on-exchange, currency-hedged variants (e.g. JPST-hedged), securities lending revenue (which subsidises some expense ratios).
ETF NAVs, tracking error and AUM are computed from AMFI disclosures. ETFs are subject to market risk and tracking-error risk. MintByte is an AMFI-registered mutual fund distributor (ARN-314872). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Not investment advice. Methodology · How we earn.