GDX Vs. GDXJ: Which To Buy? [Seeking Alpha]
VAN ECK VECTORS GENERIC DRUGS ETF (GNRX)
US:NASDAQ Investor Relations:
vaneck.com/etf/equity/gnrx/overview
Company Research
Source: Seeking Alpha
Summary Many precious metal investors prefer precious metal mining stocks or ETFs rather than direct gold ETFs. The VanEck Vectors Gold Miners ETF (NYSEARCA: GDX ) and the VanEck Vectors Junior Gold Miners ETF (NYSEARCA: GDXJ ) have become quite popular because they enable investors to purchase a basket of mining stocks rather than assume the unique and non-diversified risk of individual mining stocks. Currently, these two ETFs enjoy a combined market capitalization of nearly $14 Billion. Recently, GDXJ has come under some scrutiny for "getting too big for its britches" (to put it in the vernacular). This issue was first widely publicized by Sumit Roy in this article . In short, so much capital was flowing into GDXJ that Vaneck ran out of junior mining stocks to purchase under its market capitalization rules. GDXJ had other constraints as well, such as ownership thresholds in Canada. Vaneck has since widened its market capitalization rules and therefore its universe of stoc
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