This is how things are going for gold exchange-traded funds this year. Physically-backed ETFs, such as the SPDR Gold Trust (ETF) (NYSE: GLD), have been good. Gold mining ETFs have been better. A lot better. For example, the Market Vectors Gold Miners ETF (NYSE: GDX), is up 73.1 percent year-to-date, a performance that is about three and a half times better than GLD's performance.
Further underscoring the strength of gold miners ETFs this year is this anecdote: Of the top 11 non-leveraged ETFs on a year-to-date basis, nine are either gold or silver miners ETFs. Of the remaining two ETFs, one is a mining and materials fund heavy on gold miners. The other is the iShares MSCI All Peru Capped Index Fund (NYSE: EPU). Peru is a major producer of gold and one of ...
/www.benzinga.com/trading-ideas/long-ideas/16/05/7934011/its-not-surprising-whats-boosting-gold-miners-etfs alt=It's Not Surprising What's Boosting Gold Miners ETFs>Full story available on Benzinga.com
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