VanEck Associates

Pioneer in gold mining equity ETFs.

goldsilveretf

PORTFOLIO VALUE

$1.77B

Q1 2025 · 4 positions

HoldingsQ1 2025 · as filed

Ticker	Company	Sector	Shares	Value (USD)	% Portfolio	Activity
GDX	VanEck Gold Miners ETF USA	Senior ETF	42.00M	$910.0M	28.5%	ADD +5%
GDXJ	VanEck Junior Gold Miners ETF USA	Junior ETF	18.50M	$462.5M	14.5%	—
AEM	Agnico Eagle Mines Canada	Senior Producer	4.10M	$237.8M	7.4%	TRIM -18%
SIL	Global X Silver Miners ETF USA	Silver ETF	9.80M	$156.8M	4.9%	NEW