ETFs With Newmont Mining $NEM Exposure

| February 10, 2016 | 0 Comments

gold minersNewmont Mining $NEM is the top performing stock in the S&P 500 over the last month.  I can hear the gold bugs rejoicing.

NEM is up more than 35% in the last month and it’s 48% above the 52-week low.

$NEM is the hottest stock in the S&P 500

Here Are 2 ETFs With Exposure To Newmont Mining…

iShares MSCI Global Gold Miners $RING and PowerShares Global Gold and Precious Metals $PSAU are two ETFs with a large weighting of NEM.  As you can tell by the name, these ETFs are focused on companies that make money mining gold and other precious metals.

NEM is the 2nd largest holding in RING.  It accounts for 9.99% of the ETF.  It has an expense ratio of 0.39%.  It’s up 20.5% over the last month.

PSAU has a 7.87% weighting of NEM. That makes NEM the 2nd largest holding in PSAU right now.  This ETF has an expense ratio of 0.75%.  It’s up 16.4% over the last month.

Other Holdings Of ETFs With Newmont Mining…

RING tracks a market-cap-weighted index of companies that generate revenue primarily from gold mining. It includes NEM and 29 other gold miners.

PSAU also tracks a market-cap-weighted index of global precious metals mining companies.  There are 47 stocks in this ETF.  They range from small to large-cap companies.

The Best ETFs With Newmont Mining Holdings…

RING has the edge over PSAU in several categories.  RING has a lower expense ratio, better performance, and it’s the more popular ETF with more assets under management.

In fact, RING is the cheapest ETF that tracks gold miners.

RING is the way to go if you’re looking for an ETF to profit from the rebound in gold miners stocks.

Good Investing,

Corey Williams

Note: Corey Williams writes and edits ETFTradingResearch.com.  Sign up for our free ETF reports and free e-letter at http://www.etftradingresearch.com/free-sign-up.  We’re devoted to helping you make more money from ETFs.

Tags: , , ,

Category: What's Going On?

About the Author ()

Corey Williams is the editor of Sector ETF Trader, an investment advisory service focused on profiting from ETFs and the economic cycle. Under Corey’s leadership, the Sector ETF Trader has become one of the most popular and successful ETF advisories around. In addition to his groundbreaking service, Corey is the lead contributor to ETF Trading Research, where he shares his insights about ETFs and financial markets three times a week. He’s also a regular contributor to the Dynamic Wealth Report and the editor of one the hottest option trading services around – Elite Option Trader.

Please Leave a Comment