GDXJ(GDXJ)
AI Look-Through Summary
AI GeneratedThe portfolio is heavily concentrated in smaller-cap and mid-cap gold miners, with a significant tilt towards junior producers. The sector allocation is primarily made up of Other, which suggests that the fund holds a mix of companies not categorized under traditional sectors such as Technology or Healthcare. This focus on gold mining companies gives the fund an exposure to the precious metals space, which can be sensitive to macroeconomic conditions.
The concentration risk in GDXJ is evident from its top holdings, with no single stock accounting for more than 7.1% of the portfolio. However, the sector mix diverges significantly from the broader market, where gold miners typically account for a smaller proportion of overall market capitalization. A favorable environment for this portfolio would be one characterized by rising gold prices or increased investor interest in precious metals, while a decrease in gold prices or a shift towards more defensive sectors could be unfavorable.
Generated by Qwen-32B from constituent-level data. Not investment advice. Updated: 2026-07-14 08:48:40.11814+00
🔍 Theme Alignment Audit
AI GeneratedPurity: 45/100The investment theme implied by the ticker GDXJ is typically associated with junior gold miners, yet the provided top holdings list consists entirely of alphanumeric identifiers without corresponding company names or recognizable tickers. This lack of transparency makes it impossible to verify if the portfolio actually contains small-cap exploration companies as suggested by its branding, or if these codes represent a broad basket of unrelated assets masquerading under a thematic label. Without specific entity identification, any claim that the fund maintains a strict focus on junior mining equities remains unverified, creating significant ambiguity regarding whether the underlying strategy aligns with investor expectations for high-risk, niche exposure rather than generic market participation.
Concentration risk appears elevated given that the top ten positions account for nearly 43% of assets under management, suggesting a reliance on a few large holdings to drive performance despite the fund's likely thematic intent. Sector coherence cannot be assessed because the data fails to disclose industry classifications or weightings, leaving open the possibility that the portfolio is diversified across unrelated sectors rather than concentrated within precious metals mining. Consequently, it remains unclear whether this vehicle offers genuine differentiation from broad-market indices through a specialized lens, or if its structure relies on opaque positioning that obscures true sector exposure and risk profile for potential investors.
AI analysis of holdings alignment vs fund theme. Not investment advice. Updated: 2026-05-24 10:29:00.975917+00
Flow Driver Analysis
2-Step CircleWhich larger ETFs share GDXJ's holdings — and mechanically drive its price through index rebalancing flows?
Approximately 100% of GDXJ's weight flows through these larger ETFs
| Driver ETF | AUM | Expense | Shared Stocks | Weight Overlap |
|---|---|---|---|---|
| GDXVanEck Gold Miners ETF | $28B | — | 39 | 79.0% |
| IXUSiShares Core MSCI Total International Stock ETF | $52B | — | 48 | 73.8% |
| ACWIiShares MSCI ACWI ETF | $28B | — | 8 | 34.4% |
| SCHFSCHF | $57B | — | 5 | 22.9% |
| IEFAiShares Core MSCI EAFE ETF | $170B | — | 18 | 22.3% |
79% of GDXJ's portfolio by weight is also held by GDX, which commands 3× more assets under management. When GDX receives inflows, it mechanically buys these shared stocks — dragging GDXJ's NAV along regardless of any thematic or sector catalyst. Combined, the top 5 overlapping ETFs control exposure to 100% ofGDXJ's weight.
Overlap computed from constituent-level holdings data across 5 ETFs. Price co-movement with driver ETFs is structural, not coincidental. Not investment advice.
ETF Look-Through Dashboard
Peer through the ETF wrapper to see exactly what you own. Every metric is computed from constituent-level data.
Weighted metrics calculated based on 26% of fund assets with available data.
Herfindahl-Hirschman Concentration Index
Morningstar-Style Box
Sector & Cap Explorer
ETF Fundamental Radar
Operational health is mixed, with the bulk of weight in the mid-range (4–6) Piotroski scores.
Piotroski F-Score (Operational Health)
Score 0-9: Measures Profitability, Leverage, and Efficiency
Based on 21% of fund weight with Piotroski data.
Computed by rolling up individual stock Piotroski F-Scores, Altman Z-Scores, and Beneish M-Scores weighted by each constituent's allocation.
Dividend Safety True-Up
DeterministicThe dividend-paying companies inside GDXJ collectively pay out 28% of their Free Cash Flow to maintain the current yield. This leaves a substantial cash buffer, making dividend cuts unlikely even in a downturn. Based on 11% of fund weight in dividend-paying stocks.
FCF Payout Ratio = Dividends Paid / Free Cash Flow, weighted by constituent allocation. Not investment advice.
Earnings vs. Price Decomposition
ProprietaryGDXJ is up 42.5% over the last 12 months. The underlying weighted earnings growth of its constituents is +194.6%. Despite earnings growth, valuations have contracted by 152.1% — the market is paying less per dollar of earnings than a year ago.
Earnings growth = weighted average YoY EPS growth of all constituents (capped at ±500% to limit outlier distortion). Based on 17% of fund weight with earnings data. Not investment advice.
Value Creation Map
ROIC vs WACCWhat percentage of GDXJ's weight is allocated to companies that create economic value (ROIC > WACC) vs. destroy it?
Of GDXJ's analyzed weight, 81% is invested in companies earning more than their cost of capital — genuine value creators. The remaining 19% consists of companies whose ROIC falls below their WACC, effectively destroying shareholder value with every dollar invested.
ROIC-WACC spread for 15% of fund weight with available data. Not investment advice.
Passive Crowding Score
LOWHow much of each constituent's market cap is structurally locked in passive ETFs — a proxy for liquidity fragility during sell-offs.
GDXJ has a low Passive Crowding Score of 13/100. On average, 4.0% of the market capitalization of GDXJ's underlying holdings is structurally locked in passive ETF vehicles. This indicates relatively low passive crowding — the underlying stocks have ample active-market liquidity to absorb ETF-driven flows without significant price distortion.
Passive $ = Σ(ETF AUM × holding weight) across all 6 tracked ETFs. Actual passive ownership is higher (includes mutual funds, pension funds). Not investment advice.
Under the Hood — Top 15 Constituents
| # | Ticker | Company | Weight | P/E | F-Score |
|---|---|---|---|---|---|
| 1 | 011532108 | Alamos Gold Inc | 7.13% | — | — |
| 2 | 192108504 | Coeur Mining Inc | 6.68% | — | — |
| 3 | 29446Y502 | Equinox Gold Corp | 6.64% | — | — |
| 4 | GB00BL6K5J42 | Endeavour Mining PLC | 6.05% | 14.1x | 8/9 |
| 5 | AU000000EVN4 | Evolution Mining Ltd | 6.01% | 17.6x | — |
| 6 | 32076V103 | First Majestic Silver Corp | 2.82% | — | — |
| 7 | MXP554091415 | Industrias Penoles SAB de CV | 2.41% | 9.5x | 8/9 |
| 8 | 450913108 | IAMGOLD Corp | 2.37% | — | — |
| 9 | 422704106 | Hecla Mining Co | 2.27% | — | — |
| 10 | 550371108 | Lundin Gold Inc | 2.26% | — | — |
| 11 | CNE1000004R6 | Zhaojin Mining Industry Co Ltd | 2.00% | 27.1x | 6/9 |
| 12 | 675222400 | OceanaGold Corp | 1.90% | — | — |
| 13 | 204448104 | Cia de Minas Buenaventura SAA | 1.83% | — | — |
| 14 | 413216300 | Harmony Gold Mining Co Ltd | 1.78% | — | — |
| 15 | 36270K102 | G Mining Ventures Corp | 1.59% | — | — |
Historical Holdings Snapshots
Browse how GDXJ’s holdings have changed across SEC filing dates. Showing top holdings per snapshot.
2026-07-17
15 holdings · 53.7% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 011532108 | 7.13% | 14,487,486 | $643.7M |
| 2 | 192108504 | 6.68% | 32,110,255 | $602.7M |
| 3 | 29446Y502 | 6.64% | 41,422,499 | $599.0M |
| 4 | GB00BL6K5J42 | 6.05% | 9,095,751 | $546.0M |
| 5 | AU000000EVN4 | 6.01% | 60,657,802 | $542.2M |
| 6 | 32076V103 | 2.82% | 11,840,539 | $254.3M |
| 7 | MXP554091415 | 2.41% | 4,930,813 | $217.7M |
| 8 | 450913108 | 2.37% | 11,358,350 | $213.8M |
| 9 | 422704106 | 2.27% | 10,969,793 | $204.4M |
| 10 | 550371108 | 2.26% | 2,679,738 | $204.1M |
| 11 | CNE1000004R6 | 2.00% | 43,354,200 | $180.1M |
| 12 | 675222400 | 1.90% | 5,466,517 | $171.8M |
| 13 | 204448104 | 1.83% | 4,570,944 | $164.7M |
| 14 | 413216300 | 1.78% | 10,420,758 | $160.2M |
| 15 | 36270K102 | 1.59% | 4,095,242 | $143.3M |
2026-07-16
15 holdings · 53.7% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 011532108 | 7.13% | 14,487,486 | $643.7M |
| 2 | 192108504 | 6.68% | 32,110,255 | $602.7M |
| 3 | 29446Y502 | 6.64% | 41,422,499 | $599.0M |
| 4 | GB00BL6K5J42 | 6.05% | 9,095,751 | $546.0M |
| 5 | AU000000EVN4 | 6.01% | 60,657,802 | $542.2M |
| 6 | 32076V103 | 2.82% | 11,840,539 | $254.3M |
| 7 | MXP554091415 | 2.41% | 4,930,813 | $217.7M |
| 8 | 450913108 | 2.37% | 11,358,350 | $213.8M |
| 9 | 422704106 | 2.27% | 10,969,793 | $204.4M |
| 10 | 550371108 | 2.26% | 2,679,738 | $204.1M |
| 11 | CNE1000004R6 | 2.00% | 43,354,200 | $180.1M |
| 12 | 675222400 | 1.90% | 5,466,517 | $171.8M |
| 13 | 204448104 | 1.83% | 4,570,944 | $164.7M |
| 14 | 413216300 | 1.78% | 10,420,758 | $160.2M |
| 15 | 36270K102 | 1.59% | 4,095,242 | $143.3M |
2026-07-15
15 holdings · 53.7% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 011532108 | 7.13% | 14,487,486 | $643.7M |
| 2 | 192108504 | 6.68% | 32,110,255 | $602.7M |
| 3 | 29446Y502 | 6.64% | 41,422,499 | $599.0M |
| 4 | GB00BL6K5J42 | 6.05% | 9,095,751 | $546.0M |
| 5 | AU000000EVN4 | 6.01% | 60,657,802 | $542.2M |
| 6 | 32076V103 | 2.82% | 11,840,539 | $254.3M |
| 7 | MXP554091415 | 2.41% | 4,930,813 | $217.7M |
| 8 | 450913108 | 2.37% | 11,358,350 | $213.8M |
| 9 | 422704106 | 2.27% | 10,969,793 | $204.4M |
| 10 | 550371108 | 2.26% | 2,679,738 | $204.1M |
| 11 | CNE1000004R6 | 2.00% | 43,354,200 | $180.1M |
| 12 | 675222400 | 1.90% | 5,466,517 | $171.8M |
| 13 | 204448104 | 1.83% | 4,570,944 | $164.7M |
| 14 | 413216300 | 1.78% | 10,420,758 | $160.2M |
| 15 | 36270K102 | 1.59% | 4,095,242 | $143.3M |
2026-07-14
15 holdings · 53.7% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 011532108 | 7.13% | 14,487,486 | $643.7M |
| 2 | 192108504 | 6.68% | 32,110,255 | $602.7M |
| 3 | 29446Y502 | 6.64% | 41,422,499 | $599.0M |
| 4 | GB00BL6K5J42 | 6.05% | 9,095,751 | $546.0M |
| 5 | AU000000EVN4 | 6.01% | 60,657,802 | $542.2M |
| 6 | 32076V103 | 2.82% | 11,840,539 | $254.3M |
| 7 | MXP554091415 | 2.41% | 4,930,813 | $217.7M |
| 8 | 450913108 | 2.37% | 11,358,350 | $213.8M |
| 9 | 422704106 | 2.27% | 10,969,793 | $204.4M |
| 10 | 550371108 | 2.26% | 2,679,738 | $204.1M |
| 11 | CNE1000004R6 | 2.00% | 43,354,200 | $180.1M |
| 12 | 675222400 | 1.90% | 5,466,517 | $171.8M |
| 13 | 204448104 | 1.83% | 4,570,944 | $164.7M |
| 14 | 413216300 | 1.78% | 10,420,758 | $160.2M |
| 15 | 36270K102 | 1.59% | 4,095,242 | $143.3M |
2026-07-13
15 holdings · 53.7% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 011532108 | 7.13% | 14,487,486 | $643.7M |
| 2 | 192108504 | 6.68% | 32,110,255 | $602.7M |
| 3 | 29446Y502 | 6.64% | 41,422,499 | $599.0M |
| 4 | GB00BL6K5J42 | 6.05% | 9,095,751 | $546.0M |
| 5 | AU000000EVN4 | 6.01% | 60,657,802 | $542.2M |
| 6 | 32076V103 | 2.82% | 11,840,539 | $254.3M |
| 7 | MXP554091415 | 2.41% | 4,930,813 | $217.7M |
| 8 | 450913108 | 2.37% | 11,358,350 | $213.8M |
| 9 | 422704106 | 2.27% | 10,969,793 | $204.4M |
| 10 | 550371108 | 2.26% | 2,679,738 | $204.1M |
| 11 | CNE1000004R6 | 2.00% | 43,354,200 | $180.1M |
| 12 | 675222400 | 1.90% | 5,466,517 | $171.8M |
| 13 | 204448104 | 1.83% | 4,570,944 | $164.7M |
| 14 | 413216300 | 1.78% | 10,420,758 | $160.2M |
| 15 | 36270K102 | 1.59% | 4,095,242 | $143.3M |
2026-07-12
15 holdings · 53.7% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 011532108 | 7.13% | 14,487,486 | $643.7M |
| 2 | 192108504 | 6.68% | 32,110,255 | $602.7M |
| 3 | 29446Y502 | 6.64% | 41,422,499 | $599.0M |
| 4 | GB00BL6K5J42 | 6.05% | 9,095,751 | $546.0M |
| 5 | AU000000EVN4 | 6.01% | 60,657,802 | $542.2M |
| 6 | 32076V103 | 2.82% | 11,840,539 | $254.3M |
| 7 | MXP554091415 | 2.41% | 4,930,813 | $217.7M |
| 8 | 450913108 | 2.37% | 11,358,350 | $213.8M |
| 9 | 422704106 | 2.27% | 10,969,793 | $204.4M |
| 10 | 550371108 | 2.26% | 2,679,738 | $204.1M |
| 11 | CNE1000004R6 | 2.00% | 43,354,200 | $180.1M |
| 12 | 675222400 | 1.90% | 5,466,517 | $171.8M |
| 13 | 204448104 | 1.83% | 4,570,944 | $164.7M |
| 14 | 413216300 | 1.78% | 10,420,758 | $160.2M |
| 15 | 36270K102 | 1.59% | 4,095,242 | $143.3M |
Source: SEC filings and fund provider disclosures. Shows last 6 snapshot dates, top 15 holdings per date by weight.
Risk Profile
Sharpe = risk-adjusted return (higher is better). Computed from 1,200+ trading days with 5% risk-free rate.
Price Chart with Moving Averages
What Drove GDXJ Today?
Daily return attribution — which holdings contributed most (and least) to the fund's move.
Top Contributors
Top Detractors
Attribution = holding weight × stock daily return. Only the top contributors and detractors are shown.
Technical Setup
AI GeneratedThe current price of GDXJ at $112.21 serves as the baseline for evaluating its immediate momentum and trend status, though specific moving average values are not provided to confirm whether the asset is trading above or below these key benchmarks without further data points. In the absence of explicit average figures, the primary observation relies on the raw price level itself acting as a reference point against which future fluctuations will be measured. To assess short-term momentum, one would typically examine the Relative Strength Index (RSI), yet no RSI value is included in the current dataset to indicate whether the security is experiencing overbought or oversold conditions. Consequently, while the price sits at $112.21, a definitive characterization of trend direction or immediate speed requires additional technical metrics that are currently missing from this summary. This limited data snapshot prevents a comprehensive conclusion regarding the strength of the prevailing trend or the potential for near-term reversal based on oscillator readings. Without knowing if recent prices have been consistently higher or lower than their historical averages, it remains unclear whether the $112.21 level represents a continuation of an upward trajectory or a correction within a broader range. Similarly, lacking RSI data means there is no factual basis to suggest that momentum is accelerating into exhaustion or gathering strength from oversold territory. Any interpretation of market sentiment must therefore remain tentative until supplementary indicators such as moving average positions and oscillator levels are established to provide context for the current price action.
Underwater (Drawdown from Peak)
How far below the all-time high the price has been over time. Deeper = more pain for holders.
Rolling 60-Day Beta vs S&P 500 (VOO)
How the ETF's sensitivity to market moves changes over time. β > 1 = more volatile than the market.
Yield & Income
Sector Drift Over Time
How GDXJ’s sector allocation has shifted across snapshots. Use the slider to travel through time.
Active Conviction Tracker
Shares bought and sold between the latest two data snapshots — reveals what the fund manager is actually doing.
AUM & Capital Flow Tracker
Estimated assets under management derived from SEC filings and daily price movements — tracks how the fund's value evolves over time.
Estimated AUM derived from the latest SEC N-PORT filing TNA ($9.18B) scaled by daily price changes. Filing snapshots update when new regulatory filings are published (quarterly for most funds, daily for ARK).
Explore More
Quant metrics computed deterministically from financial statements and price data. Updated: 2026-07-17.
SecuritiesDB is for informational purposes only. Not investment advice.