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
The Global X Gold Explorers ETF has a high expense ratio of 0.65%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: GOEX vs. IAU, GOEX vs. VOO
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 8.91% year-to-date (YTD) and -0.53% in the last 12 months. Over the past 10 years, Global X Gold Explorers ETF had an annualized return of 5.69%, while the S&P 500 had an annualized return of 10.46%, indicating that Global X Gold Explorers ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.91% | 5.84% |
| 1 month | 10.15% | -2.98% |
| 6 months | 23.78% | 22.02% |
| 1 year | -0.53% | 24.47% |
| 5 years (annualized) | 8.07% | 11.44% |
| 10 years (annualized) | 5.69% | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -8.80% | -5.92% | 21.64% | |||||||||
| 2023 | -11.27% | 1.92% | 14.09% | -0.86% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Global X Gold Explorers ETF(GOEX)
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 0.04% 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 | 0.04% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 2014 | $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 66.68%.
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 9.64%, 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.