What to know about the VanEck GDX ETF
The VanEck GDX ETF gives investors exposure to companies from around the world which are involved primarily in gold mining.
According to our most recent data, the GDX ETF had $390.44 million of money invested. With GDX’s total funds under management (FUM) figure over $100 million, the ETF meets our team’s minimum investment criteria for FUM levels. As a general rule, our team draws the line at $100 million for ETFs in the International shares sector because we believe that, relative to smaller ETFs, achieving this amount of FUM lowers the chance that the ETF issuer will close the ETF.
Keep learning about the GDX ETF. Click here to access our free ETF review.
The iShares ISO ETF – key points
The iShares ISO ETF provides exposure to 200 small cap Australian shares. This is a low-cost way to access small Australian companies through a single fund.
With our numbers for July 2022, ISO’s FUM stood at $121.13 million. Since the ISO’s FUM is over $100 million, our investing team would say the ETF has met our minimum criteria for the total amount invested, otherwise known as FUM. A very sustainable ETF in the Index sector should be able to scale well and become profitable for the ETF issuer.
A look at the ISO ETF fee load?
iShares, the ETF issuer, charges a yearly management fee of 0.55% for the ISO ETF. Meaning, if you invest $2,000 for a full year from now you can expect to pay a management fee of around $11.00.
The management fee is above the average for all ETFs on our list of ASX ETFs, but keep in mind the ETF may be able to justify the higher price tag with superior performance over time.
Before rushing out and investing in the ISO fund, consider searching our full ETF list to compare the fees and costs of another ETF side-by-side. Another idea might be using our website to get a free but comprehensive investment review on ISO.
