The Global X Gold Explorers ETF (GOEX) provides investors access to a broad range of companies involved in the exploration of gold deposits.
The Global X Gold Explorers ETF (GOEX) provides investors access to a broad range of companies involved in the exploration of gold deposits.
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.
GOEX is a targeted play on gold exploration.
In a single trade, GOEX delivers efficient access to a basket of companies involved in the exploration of gold.
| Ticker | GOEX |
| Inception Date | 11/03/10 |
| CUSIP | 37954Y863 |
| ISIN | US37954Y8637 |
| Bloomberg Index Ticker | SOLGOEX |
| Primary Exchange | NYSE Arca |
| Number of Holdings | 48 |
| Net Assets | $67,643,537 |
| NAV | $36.33 |
| Shares Outstanding | 1,862,054 |
| Total Expense Ratio | 0.65% |
| 30-Day SEC Yield | -0.17% |
| Distribution Frequency | Semi-Annually |
Cumulative %Data as of month-end (09/30/20) |
Fund NAV | Market Price | Index |
|---|---|---|---|
| Year-to-Date | 30.87% | 31.57% | 31.39% |
| 1 Month | -8.00% | -8.16% | -7.95% |
| 3 Months | 10.77% | 10.45% | 10.91% |
| 6 Months | 86.30% | 89.48% | 86.43% |
| Since Inception | -51.25% | -51.08% | -47.64% |
Avg Annualized %Data as of month-end (09/30/20) |
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 46.09% | 47.13% | 46.87% |
| 3 Years | 16.10% | 15.85% | 16.79% |
| 5 Years | 25.41% | 25.55% | 26.20% |
| Since Inception | -6.99% | -6.96% | -6.32% |
Avg Annualized %Data as of quarter-end (09/30/20) |
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 46.09% | 47.13% | 46.87% |
| 3 Years | 16.10% | 15.85% | 16.79% |
| 5 Years | 25.41% | 25.55% | 26.20% |
| Since Inception | -6.99% | -6.96% | -6.32% |
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.
| Return on Equity | 10.20% | |
| Weighted Avg. Market Cap | 2,234 M | |
| 2019 | 2020 | |
| Price-to-earnings | 51.01 | 17.83 |
| Price-to-book value | 1.91 | 1.75 |
Source: AltaVista Research, LLC
| Versus | Beta |
|---|---|
| S&P 500 | 1.21 |
| MSCI EAFE | 1.40 |
| MSCI Emg. Mkts | 1.20 |
| Standard Deviation | 38.90% |
Source: AltaVista Research, LLC
| % of Net Assets | ||
|---|---|---|
| Materials | 98.9 | |
| Other/Cash | 1.1 | |
Source: AltaVista Research, LLC
| % of Net Assets | ||
|---|---|---|
| Canada | 53.3 | |
| Australia | 20.4 | |
| Britain | 14.5 | |
| United States | 7.7 | |
| United Kingdom | 1.4 | |
| Turkey | 0.8 | |
| Indonesia | 0.7 | |
| Other/Cash | 1.2 | |
Source: AltaVista Research, LLC
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 6.30 | SSRM CN | SSR MINING INC | BF7MPL9 | 19.29 | 220,842 | 4,259,683.37 |
| 5.20 | EDV CN | ENDEAVOUR MINING CORP | BDGN4L2 | 26.40 | 133,328 | 3,520,475.51 |
| 4.33 | HL | HECLA MINING CO | 2418601 | 5.16 | 567,010 | 2,925,771.60 |
| 4.30 | SAR AU | SARACEN MIN HLDG | 6168838 | 4.32 | 673,547 | 2,908,448.48 |
| 4.20 | NG | NOVAGOLD RESOURCES INC | 2206903 | 10.98 | 258,916 | 2,842,897.68 |
| 3.98 | BTO CN | B2GOLD CORP | B29VFC4 | 6.80 | 396,021 | 2,694,737.28 |
| 3.82 | EQX CN | EQUINOX GOLD CORP | BKLNP13 | 12.53 | 206,041 | 2,581,582.67 |
| 3.75 | PVG CN | PRETIUM RESOURCES INC | B57Q8S9 | 12.67 | 200,233 | 2,537,735.96 |
| 3.59 | KL CN | KIRKLAND LAKE GOLD LTD | BD4G349 | 48.69 | 49,902 | 2,429,654.13 |
| 3.56 | ELD CN | ELDORADO GOLD CORP | BHZJ5Y9 | 13.38 | 179,953 | 2,407,947.08 |
| 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.
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