Over the past decade, VanEck Gold Miners ETF (GDX) returned 183.15%, lagging behind the cheaper iShares MSCI Global Gold Miners ETF (RING) at 198.64% and physical gold (GLD) at 196.51%. GDX's higher fees, active rebalancing, and concentration in fewer mining stocks have contributed to its underperformance. Investors seeking gold exposure might prefer RING for lower costs or GLD to avoid mining risks altogether. GDX remains liquid and popular but may not offer the best value for long-term gold or miner exposure.
The VanEck Gold Miners ETF (GDX) has gained 76.34% over the past year but remains about 22% below its 52-week high despite gold prices reaching record levels near $4,270. This underperformance is due to GDX's focus on large, mature mining companies w...
Gold prices have surged significantly over the past years, but investors holding SPDR Gold Trust (GLD) in taxable accounts face a higher tax rate of 28% on long-term gains, classified as collectibles, compared to 15-20% for equity ETFs. Additionally,...
