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Author: Admin | 2025-04-28
VanEck Vectors Gold Miners ETFVanEck Vectors Gold Miners ETF is the largest ETF focused on holding shares of major gold mining stocks. That makes it the best gold ETF for those who want to invest in mining companies as a way to play the gold market.Shares of mining companies can outperform the price of gold. They can benefit from the dual catalysts of production growth and a rising gold price. However, owning mining stocks is riskier than investing directly in gold. That's because cost inflation and other factors can cause underperformance.As of mid-2024, the ETF held shares of 60 gold-mining companies. Its top holdings included the largest gold mining companies in the world by market capitalization, led by the following five:Newmont (NEM 1.49%)Agnico Eagle Mines (AEM 1.38%)Barrick Gold (GOLD 1.66%)Wheaton Precious Metals (WPM 2.13%)Franco-Nevada (FNV 1.06%)The market cap of the largest mining company on this list is over $62 billion, and the market cap of the smallest is $28.3 billion. Overall, the gold ETF's top 10 holdings comprise over 65% of its assets, led by Newmont at 14.5%. That gives investors greater exposure to the world's largest gold mining companies, making the ETF ideal for investors seeking quality over quantity.4. VanEck Vectors Junior Gold Miners ETFVanEck Vectors Junior Gold Miners ETF offers the most upside potential because it focuses on smaller mining companies, known as junior gold miners, some of which are still exploration-stage companies. These smaller miners could expand production faster and deliver higher returns than their larger rivals.
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