The $2.6 billion GDXJ tracks the Market Vectors Global Junior Gold Miners Index (MVGDXJTR) and is home to 62 stocks with a weighted average market value of $600 million, according to Market Vectors data.
The ETF is volatile with a three-year standard deviation of 44.6%, but with a trailing 12-month P/E ratio of just 14, GDXJ trades at a lower valuation than the S&P 500 and the Russell 2000. GDXJ closed just at $42.86 Tuesday and has not traded above $46 in 10 months.
Market Vectors Junior Gold Miners ETF
ETF Trends editorial team contributed to this post.