Endeavour Tracks GDXToday EDV again tracks GDX. This has been the story now for the past little while. We haven't made up for the underperformance of GDX by EDV for the first 3 months of the year , when someone (Blackrock?) was selling off a lot of shares everyday.
So if all the positives that should be driving gold much higher ( inflation of course, a deflating American and world economy, shaky stock markets, Cryptos going to sht, emerging markets central banks going from US$ to gold, and on and on), finally come together than we should finally get out of this tunnel and into the blue sky we should be in. If EDV just continues to track GDX as it makes its way back to over $40, then EDV will also reach that long awaited $40 share price.