GDX has been the traditional ETF to buy a basket of miners. Now there is GDXJ, for investord who wish to buy a basket of junior miners.
GDXJ tracks the Market Vectors Junior Gold Miners Index, seeking to provide investors with exposure to a global universe of publicly traded small-and medium-cap companies that generate at least 50% of their revenue from gold and/or silver mining.
Companies included must hold real property that has the potential to produce at least 50% of the company's revenue from gold or silver mining when developed, or primarily onvest in gold or silver.
The top holdings in the fund are:
Coeur d Alene Mines Corp CDE US 6.63%
New Gold Inc NGD CN 5.60%
Silver Standard Resources Inc SSRI US 5.44%
Hecla Mining Co HL US 5.19%
Gammon Gold Inc GRS US 4.74%
Alamos Gold Inc AGI CN 4.26%
Semafo Inc SMF CN 3.78%
Silvercorp Metals Inc SVM CN 3.70%
European Goldfields Ltd EGU CN 3.38%
Golden Star Resources Ltd GSS US 3.34%
These are all well-known companies.
Many of the companies included in the underlying portfolio are still in the development stage and have yet to generate revenues. As such, GDXJ will be subject to more volatility than GDX.
Wednesday, November 11, 2009
Brand New Gold ETF For Junior Miners
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2009
(843)
-
▼
November
(130)
- 30 Global Financial Institutions To Have Living Wi...
- Max Keiser: Phase II of the Economic Crisis Is Jus...
- S&P500 Report For Week of November 30: Top 25 Over...
- Top Overbought and Oversold ETFs For Short-Term an...
- Straddles For the Dubai Crash: Profit Either Way W...
- The Impact of Dubai Default Has Much More Widespre...
- Dubai: Will They Sink?
- H1N1: D225G Mutation And The Resistance to Tamiflu
- Marc Faber: Economy Will Go Bust, Commodities To R...
- Brazilian Broker Launches Rio2016 Fund: Companies ...
- The Plundering of Ontario
- Monthly Buy And Sell Alerts For Today (Long Term S...
- 23% Of Homeowners Have Underwater Mortgages
- Brazil Almost Bought Citibank During Crisis
- New Record Foreign Investments Into Brazilian Stoc...
- DBV, An ETF For the New Carry-Trade: Analysis
- Top Gold, Silver and Precious Miners ETFs To Buy a...
- Ciena's CEO Explains the Nortel Acquisition
- Best Dividend ETFs To Buy And To Sell In The U.S. ...
- Due to "High Cost of Borrowing" RBC Is Raising Int...
- Gold Versus Dow Ratio: Very Different Pictures Sho...
- Gold Demand Much Weaker Than Expected in Q3: High ...
- Ciena Strikes Gold, Gold Shines, Straddles Update
- S&P500: 34 Oversold and 30 Overbought Companies, T...
- Deflation In The U.S: The U.S Follows the Japanese...
- Personal Bankruptcies Soar 47.4%
- Natural Gas: Where We Are
- How to Profit From the US Dollar, Gold, or Oil Goi...
- Nortel Auction: New Ciena Straddles For December
- Monthly Buy and Sell Signals For Today
- Goldman Sachs Fools Jim Cramer, Who Then Recommend...
- Goldman Sachs Report Gave Dell a 'Buy' on Monday. ...
- Actively Managed ETF: Terrible Performance Versus ...
- New Seasonality ETF Launched
- Seasonality: The Euro Usually Rises In December Ve...
- Possible Gold Pullbacks Targets: $1,122, to $1,074.
- Insurers Are Struggling: Profit Up Or Down
- Preparing For The Global Economic and Financial Co...
- Buy And Sell Alerts For Today
- Goldman Sachs As The New Google: PR In Overdrive
- Ciena Straddles Update
- Profit From UNG/Natural Gas Going Up or Down
- Currencies: FXE Ready To Break Out: Profit Either Way
- Leveraged ETFs: FAS and FAZ Have Now Lost $3.146B
- Marc Faber: Gold is Cheaper Today Than in 2000
- Oil Demand Is Dropping Significantly
- Chances of a New Economic Depression Are 5%, But S...
- Top 20 Leveraged ETFS To Buy And To Sell
- BixTax Troubles for Holders GLD, USO, UNG and Othe...
- Will Ciena Win or Lose the Nortel Auction? Profit ...
- Ports See Higher Shipping Traffic, The Chinese are...
- GLD Straddles Results: ROI of +162%
- Clown Pays $35M To Fly Into Space, But Makes Trip ...
- SPWRA, SunPower Woes: Profit With Straddles
- H1N1 Current Flu Activity In The World
- Top 25 Most Overbought and Oversold ETFs In The U.S.
- Meredith Whitney: There is Nowhere To Hide, Reside...
- H1N1 No Worse Than Regular Flu: Cash In Those H1N1...
- VISA Offers a Fabulous Rate Of ... 19.5%
- The Australian Carry-Trade: 3.25% Rate Advertised,...
- It Is Official: Profits In 2004/2005 Were Just Fun...
- Profit From Natural Gas Going Up or Down
- Gold and Silver Going Up Or Down? Straddles For Th...
- GM Loses $1.1B: Repaying Loans With... Loans
- Mortgage Resets: 2nd Wave Just Starting
- Top Latin American Companies in 2009, Plus Analysi...
- Top 20 Stocks to Buy and Sell Out of the 500 in Th...
- Natural Gas Storage At New Records: Overflow
- Goldman Sachs CEO Claims To Be Doing God's Work: "...
- Top 5 Most Profitable Airlines in the Americas, Th...
- Brazilian Real, Potential Devaluation Speculation ...
- Home Foreclosures Over 300,000 Last Month, For 8th...
- Gold Will Be Permanently Over $1,000, Says Marc Fa...
- Brand New Gold ETF For Junior Miners
- Gold Is Soaring, Target $1,300 and How to Set Stops
- The Biggest Oil Scam Ever: $2.5T, You And I Are Pa...
- Ambak Is Now a Penny Stock: Analysts Recommendatio...
- Top 5 Reasons Why The US Dollar Will Continue To Drop
- Interview With David Rosenberg: Market is Pricing ...
- IEA Whistleblower: Oil Figures Distorted To Avoid ...
- Investing in Gold: What is Best, GLD or Miners?
- Warning on the Brazilian Currency (Real)
- Straddles Results on FSLR, VALE, GLD, AUY, KGC
- Profit From Gold or Silver Going Up Or Down: Yaman...
- China's Investments in African Commodities Soar
- Options Guru Phil Davis on BNN
- Greenspan Says U.S Is Feeling Maximum Impact From ...
- The Great Canadian Housing Bubble of 2009
- Jim Rogers Says Roubini Did Not Do His Homework, A...
- Snapshot of Current Global Economic Growth Momentum
- USD is the Source of Carry Trades, And Why the IMF...
- Natural Gas and Oil: Trucking Hurricanes (Ida)
- The Top Gold And Precious Metals ETFs In The U.S.
- Mortgage Resets: We Are in The Eye of The Storm; W...
- Top H1N1 Drug Companies Performance: Effective Mar...
- Top Oversold and Overbought Companies in The S&P500
- Potash in the Amazon: Drilling Commences, 3rd Larg...
- Crude Oil In Strong Trend (Video)
- PBR, Petrobras Finds 5Tcf Natural Gas Reserve and ...
- Top ETFs To Sell Out of All 770 ETFs For The Short...
-
▼
November
(130)
No comments:
Post a Comment