Global X Gold Explorers ETF (GOEX)
GOEX is a passive ETF by Global X tracking the investment results of the Solactive Global Gold Explorers & Developers Total Return. GOEX launched on Nov 3, 2010 and has a 0.65% expense ratio.
ETF Info
ISIN | US37954Y8637 |
---|---|
CUSIP | 37954Y863 |
Issuer | Global X |
Inception Date | Nov 3, 2010 |
Region | Developed Markets (Broad) |
Category | Materials |
Index Tracked | Solactive Global Gold Explorers & Developers Total Return |
Home Page | www.globalxetfs.com |
Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Blend |
Expense Ratio
GOEX features an expense ratio of 0.65%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: GOEX vs. VOO, GOEX vs. IAU, GOEX vs. GLD, GOEX vs. RING
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Global X Gold Explorers ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Global X Gold Explorers ETF had a return of 15.88% year-to-date (YTD) and 11.41% in the last 12 months. Over the past 10 years, Global X Gold Explorers ETF had an annualized return of 4.44%, while the S&P 500 had an annualized return of 10.58%, indicating that Global X Gold Explorers ETF did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 15.88% | 13.20% |
1 month | 6.34% | -1.28% |
6 months | 24.77% | 10.32% |
1 year | 11.41% | 18.23% |
5 years (annualized) | 3.97% | 12.31% |
10 years (annualized) | 4.44% | 10.58% |
Monthly Returns
The table below presents the monthly returns of GOEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -8.80% | -5.92% | 21.64% | 1.00% | 10.96% | -7.19% | 15.88% | ||||||
2023 | 11.58% | -11.95% | 13.90% | -0.47% | -8.91% | -4.21% | 7.03% | -4.14% | -11.27% | 1.92% | 14.09% | -0.86% | 1.99% |
2022 | -7.89% | 11.56% | 8.36% | -6.86% | -8.34% | -19.54% | 5.77% | -11.02% | -1.53% | -1.81% | 20.85% | 1.49% | -14.63% |
2021 | -9.12% | -6.83% | -1.79% | 6.55% | 14.93% | -12.99% | -0.09% | -4.72% | -9.64% | 13.07% | -1.54% | 0.80% | -14.45% |
2020 | -0.94% | -14.59% | -18.92% | 42.90% | 14.11% | 6.53% | 19.42% | 0.40% | -8.05% | -4.71% | -3.68% | 11.93% | 34.98% |
2019 | 11.49% | -0.86% | -3.59% | -5.78% | -0.30% | 18.65% | 8.06% | 6.51% | -10.70% | 4.74% | -4.07% | 11.49% | 36.73% |
2018 | -2.32% | -5.58% | 0.18% | 4.92% | 1.37% | -3.21% | -2.80% | -11.76% | -2.08% | -0.83% | -3.09% | 10.89% | -14.84% |
2017 | 16.91% | -3.35% | 2.05% | -7.33% | -3.11% | 5.76% | -0.07% | 6.40% | -4.73% | -6.36% | -1.95% | 10.58% | 12.61% |
2016 | -2.07% | 35.18% | 4.64% | 60.37% | -15.64% | 28.16% | 12.54% | -16.53% | 3.36% | -9.33% | -16.93% | 2.76% | 80.50% |
2015 | 12.68% | -5.37% | -11.80% | 14.73% | -2.17% | -5.18% | -18.03% | 4.64% | 2.50% | 11.20% | -8.38% | -0.27% | -10.59% |
2014 | 17.94% | 18.09% | -10.71% | 0.58% | -11.26% | 31.37% | 0.37% | -3.23% | -20.60% | -22.88% | 6.60% | 0.93% | -6.69% |
2013 | -8.07% | -22.59% | 6.53% | -24.87% | -2.10% | -20.76% | 11.52% | 16.22% | -20.93% | 2.64% | -16.75% | -2.91% | -62.44% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GOEX is 24, indicating that it is in the bottom 24% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Global X Gold Explorers ETF (GOEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Global X Gold Explorers ETF granted a 0.02% dividend yield in the last twelve months. The annual payout for that period amounted to $0.01 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.01 | $0.01 | $0.26 | $0.69 | $0.92 | $0.43 | $0.00 | $0.00 | $8.05 | $1.92 | $0.03 |
Dividend yield | 0.02% | 0.05% | 1.04% | 2.35% | 2.62% | 1.60% | 0.00% | 0.00% | 38.91% | 11.70% | 0.13% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X Gold Explorers ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.01 | |||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.26 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $0.69 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.90 | $0.92 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.43 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.05 | $8.05 |
2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.92 | $1.92 |
2014 | $0.03 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Global X Gold Explorers 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 Explorers ETF was 88.83%, occurring on Jul 23, 2015. The portfolio has not yet recovered.
The current Global X Gold Explorers ETF drawdown is 64.54%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-88.83% | Apr 11, 2011 | 1078 | Jul 23, 2015 | — | — | — |
-15.09% | Jan 3, 2011 | 16 | Jan 25, 2011 | 52 | Apr 8, 2011 | 68 |
-10.1% | Nov 9, 2010 | 6 | Nov 16, 2010 | 9 | Nov 30, 2010 | 15 |
-5.2% | Dec 7, 2010 | 8 | Dec 16, 2010 | 7 | Dec 28, 2010 | 15 |
-1.64% | Dec 29, 2010 | 2 | Dec 30, 2010 | 1 | Dec 31, 2010 | 3 |
Volatility
Volatility Chart
The current Global X Gold Explorers ETF volatility is 8.51%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.