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VanEck Gold Miners ETF (GDX) ETF Analysis

VanEck Gold Miners ETF (GDX) ETF analysis covering performance, holdings context, risk, drawdowns, volatility, momentum, dividends, valuation exposure, and the current AlgovestIQ assessment.

GDX ETF Analysis Summary

VanEck Gold Miners ETF (GDX) currently has an AIQ Score of 62/100, indicating a neutral setup. Quality is the strongest factor at 72/100. Risk is the weakest current factor at 36/100. Performance, momentum, risk, distribution, and exposure evidence should be read together at the latest market-close snapshot.

Updated Sep 5, 2026 · Market-close data

GDX at a Glance

Crawlable current metrics from the latest market-close ETF snapshot.

MetricCurrent
Price$99.26
AIQ Score62/100
Overall ViewNeutral
Technical Analysis ConsensusStrong Buy
Fund Size$29.77B
Expense Ratio0.51%
Holdings Count57
NAV$97.34
Asset ClassGold
Primary ExposureBasic Materials (100.00%)
IssuerVanEck
DomicileUS
Inception DateMay 16, 2006
Distribution Yield0.63%
Beta0.81
Average Volume22.58M
52-week range$63.89-$117.18
RSI 1458.78
50-Day SMA$84.41
200-Day SMA$89.86
Risk Score36/100
Momentum Score67/100
Value Exposure Score
As of Sep 5, 2026 · Market close

GDX

Overview
VanEck Gold Miners ETF
Financial Services· Asset Management
AIQ Score
NeutralAIQ Edge 9/10
Relative Leader / Watch
Strong Relative Position
Score data as of Sep 4, 2026
Last price
$99.26
-$2.23 (-2.20%)
Latest market quote
Momentum67
Value
Quality72
Risk Resilience36
Sentiment
View financial data

GDX ETF Analysis Summary

VanEck Gold Miners ETF (GDX) currently has an AIQ Score of 62/100, indicating a neutral setup. Quality is the strongest factor at 72/100. Risk resilience is the weakest current factor at 36/100. Performance, exposure, distribution, momentum, and risk evidence should be read together at the latest market-close snapshot.

Updated Sep 4, 2026 · Market-close data
AIQ Composite Posture: Mixed

In a neutral regime, GDX has AIQ Score of 62/100 with Quality base of 72/100 and fading Risk resilience at 36/100. Wait for component alignment before adding exposure.

Signal Conflict Detected

Quality (72/100) leads while Risk resilience (36/100) lags. This cross-factor spread creates entry timing uncertainty.

Financial Services · -2.20% ETF move · GDX classified in Asset Management.

Current Evidence

NeutralGDX is in a neutral AIQ regime; Quality is the strongest visible factor at 72/100.
Core coverage reflects visible evidence only

AlgovestIQ Evidence Summary

Current consensus, supporting evidence, recent changes, and what would strengthen or weaken the view.

Is GDX Bullish or Bearish Right Now?

GDX currently has a neutral overall setup. Quality is the strongest factor at 72/100, while Risk Resilience is weakest at 36/100. The current evidence suggests a mixed rather than strongly bullish or bearish setup.

Bull Case
  • - Quality is supportive at 72/100.
  • - Momentum is constructive at 67/100.
  • - Price is +17.59% above its 50-day SMA.
  • - Technical consensus has more buy votes than sell votes (32 vs 6).
Bear Case
  • - Risk Resilience is weak at 36/100.

Current Consensus

GDX's Technical Analysis Consensus is currently Strong Buy, with 32 buy, 7 neutral, and 6 sell votes. GDX's 14-day RSI is 58.78, which places the ETF in a constructive momentum range. GDX's beta is 0.81, indicating market sensitivity broadly in line with the market.

Signal Confidence
High agreement

What Changed in GDX?

Recent score-change history is not available in the current snapshot. These are the latest market-close scores instead.

AIQ Score
62/100
Momentum
67/100
Quality
72/100
Risk
36/100

What Would Change the GDX Outlook?

The current neutral outlook could improve if AIQ moves above 70, momentum recovers, risk resilience improves, and price confirms a stronger trend above the 50-day and 200-day moving averages. It would weaken if AIQ falls below 40, price loses long-term moving-average support, distribution or liquidity context deteriorates, or risk evidence worsens.

Bullish confirmation

AIQ > 70, RSI above 55, price above SMA-50/SMA-200, and positive market-context evidence.

Bearish deterioration

AIQ below 40, RSI below 45, loss of SMA-200, negative revisions, or rising volatility and drawdown risk.

GDX Decision Framework

Public evidence layers, setup checks, and risk context for VanEck Gold Miners ETF.

VanEck Gold Miners ETF (GDX) ETF Analysis

VanEck Gold Miners ETF has an AIQ Score of 62/100 in a Neutral regime. Quality is strongest at 72/100. Beta is 0.81, below market sensitivity. Review the supporting etf factors together before drawing a conclusion from any single score.

Evidence LayerPublic Evidence
Regime ContextGDX is in a Neutral AIQ regime with score 62/100.
Signal ConflictThe primary conflict is that quality leads at 72/100 while risk lags at 36/100.
Factor EvidenceMomentum 67/100 · Quality 72/100 · Risk 36/100
PersistenceCurrent snapshot evidence is shown; historical persistence remains in AIQ Pro.

Current Setup Checklist

Factor strengthPass

Quality is the strongest factor at 72/100.

TimingPass

Momentum is 67/100 and RSI (14) is 58.8.

Regime fitWait

GDX is in a Neutral regime at 62/100.

Risk controlFail

Risk factor is 36/100 with beta 0.81 and annual volatility 50.88%.

ConflictWait

Current conflict: quality leads at 72/100 while risk lags at 36/100.

AIQ Score
62/100
Price
$99.26
Beta
0.81
RSI (14)
58.8

GDX Research Cluster

ETF-specific paths for performance, risk, distributions, market context, data, comparisons, and news.

GDX ETF Analytics

GDX holdings context, yield, risk, valuation exposure, momentum, and AIQ evidence.

Fund size
$29.77B
Expense ratio
0.51%
Distribution yield
2.03%
View GDX ETF analytics

GDX Technical Analysis

GDX technical setup based on RSI, MACD, moving averages, AIQ Momentum, volume, trend, volatility, and pivots.

Technical Analysis Consensus
Strong Buy
RSI 14
58.78
Price vs SMA-50
+17.59%
View full GDX technical analysis

GDX ETF Market Context

Track GDX market context, news pressure, trend changes, income events, and current allocation evidence.

AIQ Score
62/100
Momentum
67/100
Primary exposure
Basic Materials (100.00%)
View GDX ETF context

GDX Distribution Analysis

GDX distribution yield, annualized distributions, payment history, and income context.

Dividend yield
2.03%
Annual dividend
$2.01
Frequency
View GDX distribution history

GDX ETF Data

GDX available fund data, market metrics, technical readings, risk measures, and AIQ evidence.

Issuer
VanEck
Holdings
57
NAV
$97.34
View GDX ETF data

GDX Risk Analysis

GDX volatility, beta, drawdown, Sharpe ratio, VaR, and downside resilience.

Beta
0.81
Risk score
36/100
Average volume
22.58M
View GDX risk analysis

GDX ETF News

GDX ETF news, market tone, recent headlines, and catalyst context.

News items
0
Updated
Sentiment
Read GDX ETF news

GDX vs Commodities Peers

Current peer cohort: GDX · GDXJ · GLD · GLDM · IAU. Compare AIQ, factor scores, Sharpe ratio and 1-year volatility in one indexable view.

PeerAIQValueMomentumRiskSharpe1Y VolatilityCompare
GDX
Current ETF
62/10067/10036/1001.0350.88%Current
GDXJ
VanEck Junior Gold Miners ETF
63/10066/10039/1001.0156.08%GDX vs GDXJ
GLD
SPDR Gold Shares
58/10048/10049/1000.7729.28%GDX vs GLD
GLDM
SPDR Gold MiniShares
61/10054/10049/1000.7829.09%GDX vs GLDM
IAU
iShares Gold Trust
61/10054/10049/1000.7729.07%GDX vs IAU
Pairwise Compare links: GDXJ · GLD · GLDM · IAUGDX vs GDXJGDX vs GLDGDX vs GLDMGDX vs IAUCompare cohort

Peer cohort is resolved dynamically from the AlgovestIQ universe taxonomy and Compare relationship graph. Data as of Sep 4, 2026.

About the AIQ Score

Methodology for the current ETF evidence.

As of Sep 5, 2026 · Market close

The AlgovestIQ AIQ Score combines multiple dimensions of ETF evidence, including momentum, valuation exposure, quality, risk resilience, sentiment context, and timing signals. It is a descriptive research score, not a guarantee of future performance or a personalized recommendation.

View AIQ methodology

Factor Diagnostics

A compact bridge from the AIQ score to the evidence tabs.

Calculator
Calculate a GDX ETF return scenario

Open the return calculator with ETF context while purchase price, shares, dates and fees remain user inputs.

Calculate ETF return

AIQ Component Profile

Compare the five component scores on one consistent 0–100 scale.

Catalyst preview

Review earnings timing, revisions, news pressure, and prior event reactions in one place.

Open catalysts
Quarterly evidence

No quarterly financial rows in this snapshot.

Checked Sep 5, 2026

AIQ Pro

Explore factor drivers, conflicts, persistence, and scenario sensitivity in the advanced workspace.

ETF Analytics Snapshot

Current ETF evidence uses fund profile, cost, size, distribution, momentum, and risk fields.

Price
$99.26
As of Sep 4, 2026
Fund size
$29.77B
Expense ratio
0.51%
Distribution yield
0.63%
VanEck ETF evidence

ETF pages use fund-native profile fields for cost, size, liquidity, holdings breadth, NAV, issuer, and launch date.

Review ETF analytics
Holdings
57
NAV
$97.34
Average volume
22.58M
Inception
May 16, 2006
Asset class
Gold
Primary exposure
Basic Materials (100.00%)
Beta
0.81
Momentum score
67/100

Market Confirmation

Technicals are summarized first, with the indicator library behind it.

Trend
Mixed
Momentum
Mixed
RSI 14
58.78
MACD
4.47

Risk Alignment

Higher resilience is stronger; exposure metrics stay separate.

Resilience
36/100
Beta
0.81
Annual volatility
50.88%
Max drawdown
-38.93%

GDX ETF FAQ

What is GDX ETF price today?

GDX is currently shown at $99.26. Use the live quote with the 52-week range and AIQ context before comparing funds.

What is GDX's 52-week high and low?

GDX's 52-week range is $63.89 to $117.18 based on the latest completed market-close snapshot from Sep 4, 2026. A price near either extreme should be evaluated with volatility and trend evidence.

Does GDX pay a dividend?

GDX's current distribution yield is 0.63% based on the latest completed market-close snapshot from Sep 4, 2026. For ETFs, dividend yield should be compared with expense ratio, holdings, and risk.

What should investors compare before buying GDX?

Compare GDX's price trend, expense profile, yield, holdings exposure, volatility, and AIQ signal. ETF decisions should focus on portfolio fit as much as current momentum.