U.S. Industrial REITs Stock News

ARCA:GDX
ARCA:GDXCapital Markets

Will GDX’s Shift to a Free-Float Index Sharpen Its Role as a Gold Miners Benchmark?

Earlier this week, VanEck announced it has switched the VanEck Gold Miners ETF (GDX), with US$20.5 billion in assets, from tracking the NYSE ARCA Gold Miners Index to the MarketVector Global Gold Miners Index. This new benchmark uses a free-float market-cap-weighted method that focuses on publicly tradable shares, potentially improving market representation and liquidity for GDX. We'll explore how the switch to a free-float market-cap-weighted index could influence the investment outlook for...