GOEX
Global X Gold Explorers ETF
Global X Gold Explorers ETF seeks to track the performance of the Solactive Global Gold Explorers Index.
Global
EQUITY
Passive
MANAGEMENT STYLE
$ 137.6 M
ASSETS UNDER MGMT
65 bp
EXPENSES
Fund Basics
| Inception date | Nov 03, 2010 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| HECLA MINING CO | 5.3 % |
| EQUINOX GOLD CORP. | 4.3 % |
| COEUR D'ALENE MINES CORP | 4.1 % |
| DPM METALS INC | 3.9 % |
| OCEANAGOLD CORP | 3.8 % |
| ALAMOS GOLD INC. | 3.7 % |
| LUNDIN GOLD INC. | 3.6 % |
| G MINING VENTURE CORP | 3.2 % |
| ELDORADO GOLD CORP | 3.2 % |
| SSR MINING INC | 3.2 % |
Constituent Breakdown
| Number of holdings | 52 |
| Herfindahl-Hirschman Index | 259 |
| Wgt avg mkt cap (mns) | $6,562 |
| Large cap (>$10bn) | 22.6% |
| Mid cap ($2-10bn) | 59.5% |
| Small cap (<$2bn) | 7.8% |
| Developed mkts. | 92.5% |
| Emerging mkts. | 7.6% |
Sector Breakdown
Country Exposure
 |
CANADA | 57.2 % |
 |
AUSTRALIA | 22.2 % |
 |
UNITED STATES | 11.3 % |
 |
INDONESIA | 4.6 % |
 |
SOUTH AFRICA | 2.4 % |
 |
BRITAIN | 1.4 % |
 |
CHINA | 0.9 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 1.4% | 100.5% | 75.2% | 43.6% | 21.3% | 8.4% | -- | -3.1% |
| Dividend Yield | 0.0% | 4.2% | 4.0% | 2.2% | 1.9% | 5.3% | -- | 4.3% |
| Total Returns | 1.4% | 104.7% | 79.1% | 45.8% | 23.3% | 13.7% | -- | 1.2% | Ann. Volatility | 61.4% | 49.2% | 43.2% | 40.0% | 38.7% | 40.2% | -- | 41.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.83 | 4% |
| MSCI EAFE | 1.49 | 19% |
| MSCI Emg Mkts | 1.17 | 19% |
Liquidity Measures
| Avg. volume (000) | 19 |
| ADV traded (mns) | $2 |
| Turnover | 1.2% |
| Avg. Bid/Ask (% of price) | 0.86% |
Technical Indicators
| 30d moving avg. (EMA) | $86.92 |
| Relative strength (RSI) | 45 |
| MACD/Signal | -1.60/-0.63 |
| Bollinger Bands (Upper/Lower) | $96.06/$80.15 |
| Short interest (% of AUM) | 0.7% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. GOEX |
Expenses vs. GOEX |
ALTAR Score™ vs. GOEX |
|---|---|---|---|---|
| AUMI | Themes Gold Miners ETF | 52.7% | -30 bp | +0.8% |
| GDXJ | VanEck Junior Gold Miners ETF | 35.0% | -13 bp | +0.3% |
| GOAU | U.S. Global GO GOLD and Precious Metal Miners ETF | 25.3% | -5 bp | -0.2% |
| SGDM | Sprott Gold Miners ETF | 23.8% | -15 bp | +0.2% |
| RING | iShares MSCI Global Gold Miners ETF | 22.2% | -26 bp | +0.8% |
| SILJ | ETFMG Prime Junior Silver Miners ETF | 21.6% | +4 bp | -2.0% |
| SGDJ | Sprott Junior Gold Miners ETF | 17.4% | -15 bp | +0.2% |
| SLVP | iShares MSCI Global Silver Miners ETF | 16.2% | -26 bp | +0.1% |
| AUAU | Global X Gold Miners ETF | 15.0% | -30 bp | +0.1% |
| SIL | Global X Silver Miners ETF | 14.6% | 0 bp | -1.4% |
Risk and Returns: GOEX vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/9/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
3.2%
ALTAR SCORE™
34th
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 585 funds in the Global Equity category with an average
ALTAR Score™ of 4.3% and a standard deviation
of 2.6%. GOEX's ALTAR Score™ is approximately -0.4 standard
deviations above the category average. This places GOEX in the 34th percentile
among funds in the category.
Sell-Side Consensus
$111.4
PRICE TARGET
+28.9%
UPSIDE