Tapping Into Other Miners - VanEck Gold Miners ETF (ARCA:GDX)

Investors have been flocking to gold miner exchange traded funds such as the Market Vectors Gold Miners (NYSE:

) as way to diversify their portfolios and protect themselves from upcoming inflationary pressures. Investing in mining companies rather than physical bullion holds certain advantages for some investors and funds like the GDX have become immensely popular as a way to exploit the volatility and leverage associated with such firms. Recently, several ETF sponsors have created a number of new miner funds that expand the choices available for commodity exposure. These include metals such as silver, copper and platinum. These funds should continue to grow as the world demand for commodities increases. The First Trust ISE Global Copper (NYSE:

) follows a basket of 27 different miners that are active in the copper mining industry based on analysis of revenue derived from the sale of copper. The fund charges 0.70% in expenses. The First Trust ISE Global Platinum Index (NASDAQ:

PLTM

) follows 25 companies focused on platinum metals group which includes platinum, palladium, osmium, iridium, ruthenium and rhodium. The fund also charges 0.70% in expenses. Investing in the poor-mans gold, the Global X Silver Miners ETF (NYSE:

SIL

) holds 25 silver producers and charges 0.65%. While new, the fund has already attracted a decent asset base and trading volume. Learn how to find the best

stocks to trade each day in our 70 page E-Book and 90 minute online video

for free.

GDXVanEck Gold Miners ETF

$75.840.21%

Overview

PLTMGraniteShares Platinum Shares ETF

$15.160.07%

SILGlobal X Silver Miners ETF

$77.430.03%

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.