GOEX


Gold Explorers ETF

Reasons to Consider 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.

Key Information As of 11/30/21

Inception Date 11/03/10
Total Expense Ratio 0.65%
Net Assets $48.89 million
NAV $29.59
Fact Sheet

ETF Summary

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

ETF 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.

Trading Details As of 11/30/21

Ticker GOEX
Bloomberg Index Ticker SOLGOEX
CUSIP 37954Y863
ISIN US37954Y8637
Primary Exchange NYSE Arca
Shares Outstanding 1,652,054
Number of Holdings 50
30-Day Median Bid-Ask Spread 0.47%

Distributions As of 11/30/21

30-Day SEC Yield 0.26%
Distribution Frequency Semi-Annually

ETF Prices As of 11/30/21

NAV $29.59 Daily Change -$0.30 -1.00%
Market Price $29.65 Daily Change -$0.36 -1.21%

Performance History

As of recent
(09/30/21)
As of recent
(09/30/21)
Fund NAV Market Price Index
1 Year -21.61% -21.83% -21.15%
3 Years 14.41% 14.54% 15.06%
5 Years 0.47% 0.51% 1.03%
10 Years -6.38% -6.39% -5.57%
Since Inception -8.44% -8.44% -7.78%
1 Year -7.36% -7.12% -6.80%
3 Years 19.49% 19.67% 20.15%
5 Years 4.89% 5.15% 5.50%
10 Years -6.70% -6.70% -5.88%
Since Inception -7.37% -7.34% -6.70%
Year-to-Date -23.51% -23.76% -23.18%
1 Month -9.65% -9.64% -9.63%
3 Months -13.68% -13.99% -13.61%
Since Inception -61.79% -61.76% -58.71%
Year-to-Date -13.71% -13.80% -13.28%
1 Month 12.82% 13.07% 12.88%
3 Months -3.25% -2.65% -3.14%
Since Inception -56.89% -56.77% -53.39%

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.

Top Holdings As of 11/30/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
5.30 HL HECLA MINING CO 2418601 5.54 468,090 2,593,218.60
4.98 MDKA IJ MERDEKA COPPER G BZ0W5W7 0.26 9,523,753 2,433,718.69
4.68 SSRM CN SSR MINING INC BF7MPL9 18.08 126,634 2,289,244.20
4.57 PVG CN PRETIUM RESOURCES INC B57Q8S9 13.47 165,928 2,235,138.63
4.14 BTO CN B2GOLD CORP B29VFC4 3.94 512,805 2,022,757.48
3.90 AGI CN ALAMOS GOLD INC-CLASS A BZ3DNP6 7.62 250,209 1,905,629.82
3.79 EDV CN ENDEAVOUR MINING PLC BN7KJJ5 23.36 79,386 1,854,691.63
3.54 KL CN KIRKLAND LAKE GOLD LTD BD4G349 39.37 43,965 1,731,113.31
3.42 EQX CN EQUINOX GOLD CORP BKLNP13 7.05 236,915 1,671,406.88
2.95 ELD CN ELDORADO GOLD CORP BHZJ5Y9 8.96 160,809 1,440,361.25
2.94 NG NOVAGOLD RESOURCES INC 2206903 6.75 212,588 1,434,969.00
2.58 CEY LN CENTAMIN PLC B5TT187 1.28 981,769 1,260,689.80
2.49 PRU AU PERSEUS MINING LTD B02FBC1 1.16 1,046,637 1,217,071.54
2.47 WDO CN WESDOME GOLD MINES LTD B0Y90N5 9.74 124,003 1,208,323.59
2.45 ANTM IJ ANEKA TAMBANG TBK 6053859 0.16 7,444,014 1,195,408.08
2.35 CDE COEUR MINING INC 2208136 5.60 205,442 1,150,475.20
2.29 OGC CN OCEANAGOLD CORP B1Z7L21 1.81 619,838 1,121,004.18
2.26 KNT CN K92 MINING BYZ2CB3 5.77 191,838 1,106,642.66
2.24 SA SEABRIDGE GOLD INC B00VFP2 19.31 56,734 1,095,533.54
2.06 DPM CN DUNDEE PRECIOUS B00VD03 6.34 159,180 1,008,834.89
1.88 SLR AU SILVER LAKE RESOURCES LTD B28RMY4 1.18 781,101 919,372.39
1.72 RRL AU REGIS RESOURCES LTD 6476542 1.28 658,608 840,573.48
1.69 TXG CN TOREX GOLD RESOURCES INC BD2NKY1 10.91 75,536 823,782.85
1.65 NGD CN NEW GOLD INC 2826947 1.45 555,401 805,305.47
1.58 RMS AU RAMELIUS RESOURCES LTD 6586872 1.12 687,252 772,362.99
1.57 GOR AU GOLD ROAD RESOURCES LTD B15F5K1 1.03 742,642 766,158.59
1.50 AR CN ARGONAUT GOLD INC B50H726 2.73 269,393 735,013.64
1.48 DEG AU DE GREY MINING LTD 6534837 0.85 849,313 725,656.34
1.46 GBR CN GREAT BEAR RESOURCES LTD BLBCH11 15.61 45,672 713,135.45
1.36 WAF AU WEST AFRICAN RES B4KBBN0 0.93 716,775 663,238.21
1.32 GGP LN GREATLAND GOLD PLC B15XDH8 0.19 3,353,712 643,357.55
1.28 OSK CN OSISKO MINING INC BDBCBP7 2.43 256,579 624,046.21
1.21 SBM AU ST BARBARA LTD 6317072 0.96 616,057 589,699.61
1.15 CMM AU CAPRICORN METALS LTD BDD98W2 2.16 260,189 562,684.49
1.13 POG LN PETROPAVLOVSK PLC 3154454 0.28 1,985,701 552,211.19
1.09 OLA CN ORLA MINING LTD BYZGJ92 4.26 124,955 532,821.84
1.08 LUG CN LUNDIN GOLD INC BTKSSY6 8.12 65,116 528,420.30
1.05 VGCX CN VICTORIA GOLD CORP BKMJWS6 12.54 40,804 511,799.47
1.02 WGX AU WESTGOLD RESOURCES LTD BYVQ673 1.43 349,369 500,393.79
1.00 HOC LN HOCHSCHILD MINING PLC B1FW502 1.74 279,169 486,789.54
0.89 SKE CN SKEENA RESOURCES LTD BMDM761 9.54 45,692 435,976.05
0.89 BGL AU BELLEVUE GOLD LTD BFZ31P0 0.56 771,741 435,025.66
0.84 PAF LN PAN AFRICAN RESOURCES PLC 0430049 0.24 1,719,814 409,555.37
0.82 KOZAL TI KOZA ALTIN ISLETMELERI AS B3LP189 9.72 41,003 398,673.52
0.78 RED AU RED 5 LTD 6367550 0.19 1,981,148 379,277.31
0.69 SBB CN SABINA GOLD & SILVER CORP 2764779 1.22 278,230 338,352.67
0.68 SOLG LN SOLGOLD PLC B0WD0R3 0.30 1,098,765 332,161.78
0.68 MUX MCEWEN MINING INC B7M5FL7 0.99 334,452 331,107.48
0.66 AMI AU AURELIA METALS LTD BN790Y4 0.30 1,052,743 320,971.89
0.47 RSG AU RESOLUTE MINING LTD 6410636 0.25 918,148 231,109.19
0.01 CASH 1.00 6,910 6,911.89
Holdings are subject to change.

Sector Breakdown As of 10/31/21

Sector Weight (%)
Materials 100.0

Source: AltaVista Research, LLC

Country Breakdown As of 10/31/21

Country Weight (%)
Canada 52.4
Australia 18.9
Britain 11.4
United States 8.8
Indonesia 6.7
Turkey 0.9
South Africa 0.8
Other/Cash 0.1

Source: AltaVista Research, LLC

ETF Characteristics As of 11/30/21

Return on Equity 9.20%
Weighted Avg. Market Cap 1,749 M
2020 2021
Price-to-earnings 16.08 14.04
Price-to-book value 1.34 1.24

Source: AltaVista Research, LLC

ETF Risk Stats As of 11/30/21

Versus Beta
S&P 500 1.24
MSCI EAFE 1.17
MSCI Emg. Mkts 1.22
Standard Deviation 41.40%

Source: AltaVista Research, LLC

ETF Research

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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.