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Updated Reviewed quarterly

GDX vs GDXJ: ETF Comparison

GDX · VanEck

TER 0.51% · Yield 1.2%

GDXJ · VanEck

TER 0.52% · Yield 1.2%

Both GDX and GDXJ are US-listed and trigger FIF tax for NZ residents above the NZ$50,000 overseas-share threshold. The comparison is about exposure, fee, and strategy — both share the same NZ tax friction.

In 30 seconds: GDX (VanEck Gold Miners ETF, VanEck) trades on the NYSE Arca at 0.51% TER. GDXJ (VanEck Junior Gold Miners ETF, VanEck) trades on the NYSE Arca at 0.52% TER. Both GDX and GDXJ are US-listed and trigger FIF tax for NZ residents above the NZ$50,000 overseas-share threshold. The comparison is about exposure, fee, and strategy — both share the same NZ tax friction.

  • GDX: VanEck Gold Miners ETF — 0.51% TER, FIF above NZ$50K
  • GDXJ: VanEck Junior Gold Miners ETF — 0.52% TER, FIF above NZ$50K
  • GDX yield: 1.2% (Annual)
  • GDXJ yield: 1.2% (Annual)
  • Cheaper TER: GDX

Head-to-head comparison

FeatureGDXGDXJ
FundVanEck Gold Miners ETFVanEck Junior Gold Miners ETF
IssuerVanEckVanEck
ExchangeNYSE ArcaNYSE Arca
Total expense ratio0.51%0.52%
Dividend yield (TTM)1.2%1.2%
Distribution frequencyAnnualAnnual
NZ tax wrapperFIF above NZ$50KFIF above NZ$50K

Where to buy

GDX trades on the NYSE Arca. GDXJ trades on the NYSE Arca. Both are US-listed and accessible via Hatch, Stake, Sharesies, Tiger and Interactive Brokers. See all 11 NZ investment platforms compared.

Frequently asked questions

What is the difference between GDX and GDXJ?

GDX (VanEck Gold Miners ETF) charges 0.51% TER vs GDXJ (VanEck Junior Gold Miners ETF) at 0.52%. Both are issued by VanEck. Both GDX and GDXJ are US-listed and trigger FIF tax for NZ residents above the NZ$50,000 overseas-share threshold. The comparison is about exposure, fee, and strategy — both share the same NZ tax friction.

Which has the lower fee, GDX or GDXJ?

GDX is cheaper at 0.51% TER vs GDXJ at 0.52% — a gap of 0.01 percentage points. Over 30 years on a NZ$50,000 portfolio at 7% pre-fee return, that fee gap compounds to roughly NZ1,066 of foregone wealth.

Which yields more, GDX or GDXJ?

GDX trailing 12-month yield is 1.2%; GDXJ is 1.2%. Headline yield is gross; after-tax outcome depends on your tax wrapper (FIF above NZ$50K for GDX, FIF above NZ$50K for GDXJ).

Can NZ residents buy both GDX and GDXJ?

Yes. GDX (NYSE Arca) is available via Hatch, Stake, Sharesies, Tiger, Interactive Brokers. GDXJ (NYSE Arca) is available via Hatch, Stake, Sharesies, Tiger, IBKR.

How does NZ tax differ between GDX and GDXJ?

GDX is FIF above NZ$50K. GDXJ is FIF above NZ$50K. Same tax wrapper, no structural tax difference between the two for NZ residents. See /tax/pie-vs-fif/ for the full mechanics.

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