List of Global Gold Mining ETFs Listed on U.S. Exchanges
Global gold mining ETFs are one of the larger categories in our global sector category. This is not surprising as there are a lot of investors interested in gold and where there is a demand, ETF providers will provide an ETF, or in this case over a dozen. Many investors are interested in Gold Mining ETFs because of an interest in the industry or the belief that a certain selection of gold mining companies will outperform the spot price of gold. In addition, for many gold-focused U.S. investors there are possible tax advantages to investing in gold mining companies (which are taxed as any stock investment) versus gold bullion investments (which are sometimes taxed at a higher rate). Naturally, check with your tax professional on this particular point.
For those traders out there looking for gold ETFs with higher volume the VanEck Vectors Gold Miners ETF (GDX) has led the way in trading volume more often than not with VanEck Vectors Junior Gold Miners ETF (GDXJ), Direxion Daily Gold Miners Bull 3X Shares (NUGT) and Direxion Daily Junior Gold Miners Index Bull 3x Shares (JNUG) also having notable volume.
Global Gold Mining ETFs – Clicking on the link will take you to the ETF providers website.
ALPS ETF Trust Sprott Junior Gold Miners ETF (SGDJ) (Focuses on small-cap gold mining companies that are listed on U.S. and Canadian exchanges)
iShares MSCI Global Gold Miners ETF (RING) (This ETF focuses on global mid and large-sized companies which are primarily focused on mining gold. Companies from the United States are included in this ETF. This ETF is comprised of approximately 35 stocks and mining companies from Canada have historically had the most representation)
PowerShares Global Gold and Precious Metals Portfolio (PSAU) (This ETF focuses on global small, mid and large-sized companies which are primarily focused on mining gold and/or other precious metals. Companies from the United States are included in this ETF. This ETF is comprised of approximately 65 stocks and mining companies from Canada have historically had the most representation)
Sprott Gold Miners ETF (SGDM) (Companies chosen based on price correlation to the spot price of gold)
VanEck Vectors Gold Miners ETF (GDX) (Focuses on global small, mid and large-sized companies which are primarily focused on mining gold. Companies from the United States are included in this ETF)
VanEck Vectors Junior Gold Miners ETF (GDXJ) (This ETF focuses on global small and mid-sized companies which are primarily focused on mining gold and/or silver. Companies from the United States are included in this ETF. This ETF is comprised of approximately 70 stocks and mining companies from Canada have historically had the most representation)
World Gold Leverage
Direxion Daily Junior Gold Miners Index Bull 3x Shares (JNUG) (This ETF is based on the Market Vectors Junior Gold Miners Index consists of junior gold and silver mining companies from around the world. Junior gold mining companies are small-cap companies which are comparatively smaller-sized gold mining companies. This is a leveraged ETF that provides bullish, leveraged exposure to considerable number of global small-cap gold mining stocks. The ETF attempts to generate 300% (3x) the performance of the underlying index)
Direxion Daily Gold Miners Bull 3X Shares (NUGT) (This is a leveraged ETF that provides bullish, leveraged exposure to considerable number of global gold mining stocks. The ETF attempts to generate 300% (3x) of the performance of the underlying index. While this index is globally focused, a sizable percentage of the companies are in Canada)
ProShares Ultra Gold Miners ETF (GDXX) (The index is which this ETF is based upon focuses on global companies involved in mining gold and/or silver. This ETF attempts to produce leveraged daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 2x (200%). This means the ETF is seeking a daily target equal to 200% of the benchmark index)
ProShares Ultra Junior Miners ETF (GDJJ) (The index is which this ETF is based upon focuses on small and mid-sized global companies involved in mining gold and/or silver. This ETF attempts to produce leveraged daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 2x (200%). This means the ETF is seeking a daily target equal to 200% of the benchmark index)
World Gold Short
Direxion Daily Gold Miners Index Bear 1X Shares (MELT) (This ETF attempts to achieve the opposite performance of the NYSE Arca Gold Miners Index)
Direxion Daily Junior Gold Miners Index Bear 3X Shares (JDST) (This is a leveraged ETF that provides bearish, leveraged exposure to considerable number of global small-cap gold mining stocks. The ETF attempts to generate 300% (3x) of the inverse performance of the underlying index)
Direxion Daily Gold Miners Bear 3X Shares (DUST) (This is a leveraged ETF that provides bearish, leveraged exposure to considerable number of global gold mining stocks. The ETF attempts to generate 300% (3x) of the inverse performance of the underlying index)
ProShares UltraShort Gold Miners (GDXS) (This is a leveraged ETF that provides bearish, leveraged exposure to considerable number of global gold mining stocks. The ETF attempts to generate 200% (2x) of the inverse performance of the underlying index)