Global X Gold Producers Index ETF (GLDX.TO)

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The chart shows the growth of an initial investment of CA$10,000 in Global X Gold Producers Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Global X Gold Producers Index ETF (GLDX.TO) has returned 8.02% so far this year and 114.19% over the past 12 months.

Based on dividend-adjusted daily data since Nov 7, 2024, GLDX.TO's average daily return is +0.32%, while the average monthly return is +6.66%. At this rate, your investment would double in approximately 0.9 years.

Historically, 71% of months were positive and 29% were negative. The best month was Feb 2026 with a return of +25.1%, while the worst month was Mar 2026 at -19.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 2 months.

On a daily basis, GLDX.TO closed higher 59% of trading days. The best single day was Aug 5, 2025 with a return of +10.0%, while the worst single day was Jan 30, 2026 at -11.9%.

Global X Gold Producers Index ETF has an annualized alpha of 112.95%, beta of 0.27, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since November 08, 2024.

• This ETF captured 151.98% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -482.92%) — a profile typical of hedging or uncorrelated assets.
• Beta of 0.27 may look defensive, but with R² of 0.01 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.01 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

GLDX.TO ranks 92 for risk / return — in the top 92% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Global X Gold Producers Index ETF (GLDX.TO) and compare them to a chosen benchmark (S&P 500 Index).

Global X Gold Producers Index ETF provided a 0.90% dividend yield over the last twelve months, with an annual payout of CA$0.49 per share.

The table displays the monthly dividend distributions for Global X Gold Producers Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Global X Gold Producers Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X Gold Producers Index ETF was 30.14%, occurring on Mar 20, 2026. The portfolio has not yet recovered.

The current Global X Gold Producers Index ETF drawdown is 19.13%.

The chart below shows the rolling one-month volatility.