this is what the fuss is about......25 Aug 2020 15:20
GDXJ is the younger brother of GDX, in name, exposure, and history. GDXJ covers precious-metals-mining firms below the market-cap cutoff for GDX—the 'junior' mining firms (including those mining platinum, silver or palladium). Its portfolio typically has more market risk due to the riskier nature of these smaller miners. The fund's average P/E has often gone into negative territory, a tribute to the fact that many of the firms in the portfolio currently generate no revenue, let alone earnings. Clearly, this is no place for the faint of heart. GDXJ has piggybacked on the success of GDX to the extent that it is among the largest and most liquid funds in the segment, although large investors will want to work with a market maker due to the less-liquid underlying portfolio. The fund is fairly priced and has tracked its index reasonably well, earning it a place on the Opportunities List.GDXJ's underlying index is expected to modify its rules to include larger companies on or around 6/17/201