Popular Gold Miner Play Grows Too Big for Its Index

Each week, ETF Trends publisher Tom Lydon sits down for “ETF of the Week” for MarketWatch on Chuck Jaffe’s MoneyLife Show where he highlights big movers and losers among exchange traded funds.

This week, Lydon looked at the VanEck Vectors Junior Gold Miners ETF (GDXJ), a popular gold miner play that has grown too big for its index.

The rebound in gold prices has propelled gold miners, along with investment interest for gold miner ETFs.

GDXJ now second largest gold miner-related ETF, with $5.4 billion in net assets under management.

Click here to listen to the podcast.

Post Comment