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ETF Trends: Gold Miners ETFs Could Bounce Back in 2018

Traditional gold-backed exchange traded funds are up 8% this year, but gold miners ETFs are lagging.

For example, the VanEck Vectors Gold Miners ETF (NYSEArca: GDX), the largest exchange traded fund dedicated to gold mining stocks, is up just 4% year-to-date while the VanEck Vectors Gold Miners ETF (NYSEArca: GDXJ) is lower by more than 3%.

Stock fundamentals like cost deflation across the mining industry, share valuations below long-term average and rising M&A are all supportive of the miners space as well, but those fundamentals could be glossed over if the dollar strengthens.

https://www.etftrends.com/gold-miners-etfs-could-bounce-back-in-2018/

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