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 11/25/20

Key Facts

Ticker GOEX
Inception Date 11/03/10
CUSIP 37954Y863
ISIN US37954Y8637
Bloomberg Index Ticker SOLGOEX
Primary Exchange NYSE Arca
Number of Holdings 49

Stats & Fees

Net Assets $57,145,494
Net Asset Value (NAV) $31.54
Shares Outstanding 1,812,054
Total Expense Ratio 0.65%

Distributions

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

Fund Prices As of 11/25/20

NAV $31.54 Daily Change $0.52 1.67%
Market Price $31.59 Daily Change $0.59 1.90%
30-Day Median Bid-Ask Spread 0.75%

Performance History

Cumulative %

Data as of month-end (10/31/20)

Fund NAV Market Price Index
Year-to-Date 24.93% 25.20% 25.49%
1 Month -4.53% -4.84% -4.49%
3 Months -11.55% -12.04% -11.42%
6 Months 26.02% 27.68% 26.21%
Since Inception -53.46% -53.45% -49.99%

Avg Annualized %

Data as of month-end (10/31/20)

Fund NAV Market Price Index
1 Year 34.03% 33.72% 34.76%
3 Years 16.64% 16.42% 17.32%
5 Years 21.84% 21.41% 22.57%
Since Inception -7.37% -7.37% -6.69%

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.

Fund Characteristics As of 11/25/20

Return on Equity 9.40%
Weighted Avg. Market Cap 2,122 M
2019 2020
Price-to-earnings 44.76 17.10
Price-to-book value 1.67 1.54

Source: AltaVista Research, LLC

Fund Risk Stats As of 11/25/20

Versus Beta
S&P 500 1.23
MSCI EAFE 1.42
MSCI Emg. Mkts 1.22
Standard Deviation 38.80%

Source: AltaVista Research, LLC

Sector Breakdown As of 10/31/20

% of Net Assets
Materials 100.2

Source: AltaVista Research, LLC

Country Breakdown As of 10/31/20

% of Net Assets
Canada 55.1
Australia 19.6
Britain 14.9
United States 7.5
Indonesia 2.3
Turkey 0.7

Source: AltaVista Research, LLC

Top 10 Holdings As of 11/25/20

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
4.51 NG NOVAGOLD RESOURCES INC 2206903 9.94 259,013 2,574,589.22
4.50 HL HECLA MINING CO 2418601 4.82 533,058 2,569,339.56
4.47 AGI CN ALAMOS GOLD INC-CLASS A BZ3DNP6 8.10 315,143 2,552,628.03
4.29 SSRM CN SSR MINING INC BF7MPL9 17.74 138,321 2,453,370.74
4.03 EDV CN ENDEAVOUR MINING CORP BDGN4L2 22.89 100,485 2,300,440.46
3.84 PVG CN PRETIUM RESOURCES INC B57Q8S9 11.11 197,684 2,196,742.09
3.77 SAR AU SARACEN MIN HLDG 6168838 3.44 625,919 2,153,185.28
3.73 KL CN KIRKLAND LAKE GOLD LTD BD4G349 39.56 53,835 2,129,818.10
3.63 BTO CN B2GOLD CORP B29VFC4 5.31 390,428 2,073,281.44
3.60 EQX CN EQUINOX GOLD CORP BKLNP13 9.78 210,100 2,055,387.51
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.