GOEX


Gold Explorers ETF

Fund Summary

The Global X Gold Explorers ETF (GOEX) provides investors access to a broad range of companies involved in the exploration of gold deposits.

Fund Objective

The Global X Gold Explorers ETF (GOEX) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Gold Explorers & Developers Total Return Index.

Why GOEX?

Targeted Exposure

GOEX is a targeted play on gold exploration.

ETF Efficiency

In a single trade, GOEX delivers efficient access to a basket of companies involved in the exploration of gold.

Fund Details As of 04/15/21

Key Facts

Ticker GOEX
Inception Date 11/03/10
CUSIP 37954Y863
ISIN US37954Y8637
Bloomberg Index Ticker SOLGOEX
Primary Exchange NYSE Arca
Number of Holdings 48

Stats & Fees

Net Assets $57,267,390
Net Asset Value (NAV) $32.50
Shares Outstanding 1,762,054
Total Expense Ratio 0.65%

Distributions

30-Day SEC Yield 0.30%
Distribution Frequency Semi-Annually

Fund Prices As of 04/15/21

NAV $32.50 Daily Change $0.83 2.62%
Market Price $32.53 Daily Change $1.05 3.35%
30-Day Median Bid-Ask Spread 0.81%

Performance History

As of recent month & quarter-end (03/31/21)
As of recent month & quarter-end (03/31/21)
Fund NAV Market Price Index
1 Year 57.91% 61.56% 58.53%
3 Years 11.86% 12.20% 12.50%
5 Years 13.35% 13.50% 14.02%
10 Years -9.91% -9.84% -9.24%
Since Inception -8.14% -8.06% -7.48%
1 Year 57.91% 61.56% 58.53%
3 Years 11.86% 12.20% 12.50%
5 Years 13.35% 13.50% 14.02%
10 Years -9.91% -9.84% -9.24%
Since Inception -8.14% -8.06% -7.48%
Year-to-Date -17.29% -16.84% -17.15%
1 Month -3.24% -1.78% -3.20%
3 Months -17.29% -16.84% -17.15%
Since Inception -58.68% -58.29% -55.47%
Year-to-Date -17.29% -16.84% -17.15%
1 Month -3.24% -1.78% -3.20%
3 Months -17.29% -16.84% -17.15%
Since Inception -58.68% -58.29% -55.47%

The Fund's investment objective and investment strategies changed effective December 1, 2016 and again on May 1, 2017. Hybrid index performance (noted as "Index" above in the chart) reflects the performance of the Solactive Global Gold Explorers Total Return Index through November 30, 2016, the Solactive Global Gold Explorers & Developers Total Return Transition Index through April 30, 2017, and the Solactive Global Gold Explorers & Developers Total Return Index thereafter.

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Fund Characteristics As of 04/15/21

Return on Equity 11.30%
Weighted Avg. Market Cap 1,720 M
2020 2021
Price-to-earnings 17.47 12.90
Price-to-book value 1.53 1.39

Source: AltaVista Research, LLC

Fund Risk Stats As of 04/15/21

Versus Beta
S&P 500 1.12
MSCI EAFE 1.04
MSCI Emg. Mkts 1.17
Standard Deviation 39.50%

Source: AltaVista Research, LLC

Sector Breakdown As of 03/31/21

% of Net Assets
Materials 100.0

Source: AltaVista Research, LLC

Country Breakdown As of 03/31/21

% of Net Assets
Canada 50.9
Australia 16.9
Britain 15.2
United States 10.5
Indonesia 5.1
Turkey 1.4

Source: AltaVista Research, LLC

Top Holdings As of 04/16/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
6.22 EDV CN ENDEAVOUR MINING CORP BDGN4L2 23.00 156,921 3,609,760.56
5.78 HL HECLA MINING CO 2418601 6.38 525,566 3,353,111.08
4.71 AGI CN ALAMOS GOLD INC-CLASS A BZ3DNP6 8.80 310,843 2,735,856.14
4.23 NG NOVAGOLD RESOURCES INC 2206903 9.63 255,042 2,456,054.46
3.89 EQX CN EQUINOX GOLD CORP BKLNP13 9.00 250,913 2,258,579.68
3.84 PVG CN PRETIUM RESOURCES INC B57Q8S9 11.45 194,636 2,228,549.50
3.82 SSRM CN SSR MINING INC BF7MPL9 16.28 136,201 2,217,707.11
3.64 CDE COEUR MINING INC 2208136 9.73 217,008 2,111,487.84
3.46 KL CN KIRKLAND LAKE GOLD LTD BD4G349 37.77 53,185 2,009,012.52
3.40 BTO CN B2GOLD CORP B29VFC4 5.10 386,462 1,972,817.70
3.05 CEY LN CENTAMIN PLC B5TT187 1.57 1,124,799 1,771,318.65
2.96 MDKA IJ MERDEKA COPPER G BZ0W5W7 0.17 10,303,100 1,718,951.80
2.78 ELD CN ELDORADO GOLD CORP BHZJ5Y9 11.35 142,212 1,613,511.09
2.24 SLR AU SILVER LAKE RESOURCES LTD B28RMY4 1.43 909,893 1,298,771.12
2.23 DPM CN DUNDEE PRECIOUS B00VD03 7.47 173,023 1,293,034.74
2.21 KNT CN K92 MINING BYZ2CB3 6.14 208,297 1,279,981.57
2.20 OGC CN OCEANAGOLD CORP B1Z7L21 1.74 734,326 1,274,993.94
2.17 PRU AU PERSEUS MINING LTD B02FBC1 1.01 1,242,384 1,259,137.25
2.09 SBM AU ST BARBARA LTD 6317072 1.63 742,537 1,212,122.42
2.01 TXG CN TOREX GOLD RESOURCES INC BD2NKY1 14.14 82,679 1,168,937.37
1.99 GGP LN GREATLAND GOLD PLC B15XDH8 0.30 3,793,183 1,153,277.77
1.96 RRL AU REGIS RESOURCES LTD 6476542 2.12 536,002 1,136,221.23
1.91 ANTM IJ ANEKA TAMBANG TBK 6053859 0.16 6,771,500 1,111,148.99
1.87 POG LN PETROPAVLOVSK PLC 3154454 0.37 2,970,440 1,084,578.63
1.82 RMS AU RAMELIUS RESOURCES LTD 6586872 1.34 788,932 1,058,973.22
1.79 WDO CN WESDOME GOLD MINES LTD B0Y90N5 7.97 130,570 1,040,548.25
1.75 NGD CN NEW GOLD INC 2826947 1.80 563,498 1,014,458.71
1.69 SA SEABRIDGE GOLD INC B00VFP2 18.00 54,515 981,270.00
1.60 DEG AU DE GREY MINING LTD 6534837 0.99 934,745 929,270.62
1.47 GOR AU GOLD ROAD RESOURCES LTD B15F5K1 1.00 854,727 853,027.56
1.32 OSK CN OSISKO MINING INC BDBCBP7 2.63 291,417 767,132.29
1.20 KOZAL TI KOZA ALTIN ISLETMELERI AS B3LP189 14.13 49,484 699,008.83
1.19 HOC LN HOCHSCHILD MINING PLC B1FW502 2.86 241,421 690,641.76
1.16 WAF AU WEST AFRICAN RES B4KBBN0 0.80 839,646 672,330.02
1.10 AR CN ARGONAUT GOLD INC B50H726 2.17 294,615 638,827.53
1.08 VGCX CN VICTORIA GOLD CORP BKMJWS6 11.95 52,665 629,552.81
1.08 WGX AU WESTGOLD RESOURCES LTD BYVQ673 1.79 348,283 625,124.02
1.05 LUG CN LUNDIN GOLD INC BTKSSY6 9.29 65,687 610,198.49
0.98 BGL AU BELLEVUE GOLD LTD BFZ31P0 0.71 800,346 569,654.50
0.97 ROXG CN ROXGOLD INC B1N9N12 1.63 344,252 561,909.17
0.78 SBB CN SABINA GOLD & SILVER CORP 2764779 1.57 289,614 454,187.42
0.76 RSG AU RESOLUTE MINING LTD 6410636 0.40 1,101,460 438,855.85
0.69 MUX MCEWEN MINING INC B7M5FL7 1.19 334,037 397,504.03
0.65 SOLG LN SOLGOLD PLC B0WD0R3 0.42 895,643 375,046.41
0.47 NVO CN NOVO RESOURCES CORP B669XF8 1.99 136,426 271,804.08
0.43 GSS GOLDEN STAR RESOURCES LTD BG0DHL0 3.43 73,232 251,185.76
0.31 IAU CN I-80 GOLD CORP BN96CD6 2.00 89,582 179,193.47
0.01 CASH 1.00 7,398 7,402.34
0.01 REGIS RESOURCES LTDRTS BMDXRL9 0.03 174,027 5,385.46
Holdings are subject to change.


Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Narrowly focused investments may be subject to higher volatility. There are additional risks associated with investing in Gold and the Gold exploration industry. GOEX is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, nor does Solactive AG make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Solactive AG.