GDX12 Dec 2025 23:11
I have been told GGP made the ASX version of the GDX and the not USA version. I didnβt realise there are multiple versions. That being the case, imagine if GGP can make the USA version plus any other gold related ETFs, the buying will be multiples of this week which has been great and seen the share price rise.
So thatβs a future catalyst to look forward to then. I was sent this:
β Yes β there are Australian-listed miner/gold-miner ETFs that are separate from (but similar in theme to) the US-listed GDX ETF. Hereβs how it works:
π¦πΊ Australian-listed gold/miner ETFs
1. VanEck Gold Miners ETF (ASX: GDX)
β’ Listed on the Australian Securities Exchange (ASX) and domiciled in Australia.
β’ Provides exposure to a diversified portfolio of global gold mining companies, similar to the US VanEck GDX but traded in AUD on the ASX. οΏΌ
β’ It tracks an index of major gold miners and distributes dividends annually. οΏΌ
2. BetaShares Global Gold Miners ETF β Currency Hedged (ASX: MNRS)
β’ Also ASX-listed and Australian-domiciled.
β’ Offers exposure to the worldβs largest gold mining companies, with returns hedged back into Australian dollars. οΏΌ
β’ This gives a slightly different exposure compared to GDX (e.g., hedged currency impact, slightly different index composition). οΏΌ
These funds are distinct ETF products listed in Australia (different issuers and index methodologies), and are NOT the same as buying the US-listed VanEck Vectors Gold Miners ETF (GDX) on NYSE Arca β although the overall investment theme (exposure to global gold miners) is comparable. οΏΌ
πΊπΈ US-listed GDX
β’ The US version, VanEck Vectors Gold Miners ETF (GDX), trades in the United States and is denominated in USD. οΏΌ
β’ It is not the same legal entity as the Australian ASX GDX, even though they share ticker letters and a similar investment objective. οΏΌ
Key differences at a glance.β
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