Gold ETFs shined on Monday after volatility hit the markets, with investors turning to the safe-haven asset. The yellow metal has reached its highest value in six years over these trade tensions.

In fact, as CNBC’s Bob Pisani explained, there are notable creations in gold ETFs, meaning people are actually coming in to buy gold, so the ETFs need to add more gold into them.

Looking at all of this interesting data, it is important to note the difference between something like the GDX, which deals with the companies that harvest gold, versus the actual commodity that is physical gold.

As the safe-haven asset continues to trend upward, take a look at these 5 gold ETFs that turned out to be the best performing of all the gold ETFs on Monday.

Junior Gold Miners ETF Vaneck (GDXJ) – Closed up 4.24% Monday

GDXJ is one of the largest gold miners exchange traded funds. GDX is comprised of global gold miners, with a notable tilt toward Canadian and U.S. mining companies. Stock fundamentals like cost deflation across the mining industry, share valuations below long-term average and rising M&A are all supportive of the miners space as well, but those fundamentals could be glossed over if the dollar strengthens.

Global Gold Miners Ishares MSCI ETF (RING) – Closed up 3.5% Monday

The iShares MSCI Global Gold Miners ETF seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of gold mining. The ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI ACWI Select Gold Miners Investable Market Index.

US Global Go Gold and Precious Metal Miners ETF (GOAU) – Closed up 3.47% Monday

The U.S. Global GO GOLD and Precious Metal Miners ETF provides investors access to companies engaged in the production of precious metals either through active (mining or production) or passive (owning royalties or production streams) means.

G-X Gold Explorers ETF (GOEX) – Closed up 3.35% Monday

The Global X Gold Explorers ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Gold Explorers and Developers Total Return Index.

Alps ETF Trust Sprott Junior Gold (SGDJ) – Closed up 2.99% Monday

The Sprott Junior Gold Miners ETF seeks to deliver exposure to the Sprott Zacks Junior Gold Miners Index. This factor-based Index aims to track the performance of small-capitalization gold companies whose stocks are listed on major U.S. and Canadian exchanges.

Watch the CNBC segment below:

For more market news and updates, visit ETFtrends.com.

Subscribe to our free daily newsletters!
Please enter your email address to subscribe to ETF Trends' newsletters featuring latest news and educational events.