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VanEck Gold Miners ETF
GDX (VanEck Gold Miners ETF) is an index Precious Metals ETF by VanEck. With a 0.51% MER, it provides diversified exposure through 35 holdings. Annual distribution with a 0.69% yield.
GDX by VanEck is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.51% MER, its fees are in line with category averages.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).