Mining Equity Indices — Competitive Landscape
Mining equity indices and commodity index benchmarks allow investors to measure and replicate performance of the metals and mining sector. They range from commodity futures indices (S&P GSCI Industrial Metals, BCOMIN) to gold mining equity indices (NYSE Arca HUI, FTSE Gold Mines, MVIS) and ETF products that track them (GDX, GDXJ). This page is a factual directory of the principal third-party indices in this space, compiled as the competitive landscape benchmarked against the TrueSource TS-GMRI index family.
Primary sources only
10 providers
Updated 2026-06-19
TS-GMRI competitive landscape context. TrueSource Metals maintains its own family of mining equity and metals RWA indices — the
TS-GMRI (TrueSource Global Metals RWA Index). This page documents the existing landscape of third-party mining and metals equity indices that TS-GMRI benchmarks against. See
TS-GMRI methodology for the TrueSource index family.
Neutrality. TrueSource Metals Hub does not rank, rate or compare third-party indices or index providers. Entries reproduce index descriptions and methodology links from each provider's own published documentation. See the full
Ecosystem neutrality statement.
Mining and metals equity and commodity index directory
Alphabetical by index/product name.
- Role
- Commodity futures index — Bloomberg LP, New York
- Role
- Commodity futures index — tracks LME/COMEX industrial metals futures; widely used as a passive investment benchmark.
- Methodology
- Bloomberg Commodity Index Methodology published by Bloomberg Index Services.
- Role
- Mining equity index — FTSE Russell / LSEG, London
- Role
- Gold mining equity index; components selected by FTSE Russell rules based on revenue attribution from gold production.
- Methodology
- FTSE Gold Mines Index Ground Rules published at ftserussell.com.
- Role
- UK mining equity index — FTSE Russell / LSEG, London
- Role
- UK equity sub-sector index for listed mining companies; used by UK fund managers and ETF providers.
- Methodology
- FTSE UK Index Series Ground Rules, FTSE ICB sector classification for Mining (ICB code 1700).
- Role
- Junior gold miners equity index — MV Index Solutions, Frankfurt
- Role
- Junior gold and silver mining equity index; GDXJ benchmark; component selection rules published by MV Index Solutions.
- Methodology
- MVIS Global Junior Gold Miners Index methodology at mvis-indices.com.
- Role
- Global mining equity index — MSCI, New York
- Role
- Global mining equity sub-industry benchmark; used in factor analysis and ESG integration for institutional portfolios.
- Methodology
- GICS classification methodology published by MSCI and S&P Global at msci.com.
- Role
- Gold mining equity index — NYSE Arca / ICE, New York
- Role
- Unhedged gold mining equity index; used by ETF providers and as a reference index for gold equity funds.
- Methodology
- HUI index methodology published by NYSE Arca / ICE Data Indices.
- Role
- Commodity futures index — S&P Dow Jones Indices, New York
- Role
- Production-weighted commodity futures index for industrial metals; widely used in commodity-linked investment products and risk management.
- Methodology
- S&P GSCI Industrial Metals Index Methodology published by S&P Dow Jones Indices.
- Role
- Index provider — Frankfurt
- Role
- Gold mining equity index; underlyings for ETF products in Europe and North America.
- Methodology
- Solactive Global Gold Miners Index guideline published at solactive.com.
- Role
- Gold mining ETF / index — VanEck, New York
- Role
- Primary gold mining equity ETF benchmark; tracks NYSE Arca Gold Miners Index; used by investors for gold equity exposure.
- AUM
- GDX AUM disclosed in VanEck's daily fund fact sheet and SEC filings.
- Role
- Junior gold mining ETF — VanEck, New York
- Role
- Junior gold mining equity ETF benchmark; tracks MVIS Global Junior Gold Miners Index; used by investors for smaller-cap gold equity exposure.
- AUM
- GDXJ AUM disclosed in VanEck's daily fund fact sheet and SEC filings.