Global X Gold Explorers ETF (GOEX) belongs to the Gold category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GOEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GOEX
GOEX charges 0.65% annually. There are 20 ETFs in the Gold category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Gold Trust Micro | 0.09% | 6.41B | Jun 2021 | GOEX vs IAUM | |
| SPDR Gold MiniShares Trust | 0.10% | 27.70B | Jun 2018 | GOEX vs GLDM | |
| Franklin Responsibly Sourced Gold ETF | 0.15% | 415.33M | Jun 2022 | GOEX vs FGDL | |
| abrdn Physical Gold Shares ETF | 0.17% | 6.81B | Sep 2009 | GOEX vs SGOL | |
| GraniteShares Gold Trust | 0.17% | 1.37B | Aug 2017 | GOEX vs BAR |
Best Risk-Adjusted Alternatives to GOEX
GOEX has a PortfoliosLab risk / return rank of 30. There are 3 ETFs in the Gold category with higher risk-adjusted ranks, going as high as 34.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | 34 | 446.44M | Mar 2022 | GOEX vs GDE | |
| Sprott Junior Gold Miners ETF | 34 | 279.82M | Mar 2015 | GOEX vs SGDJ | |
| Sprott Active Gold & Silver Miners ETF | 31 | 141.74M | Feb 2025 | GOEX vs GBUG | |
| iShares MSCI Global Gold Miners ETF | 28 | 2.29B | Jan 2012 | GOEX vs RING | |
| VanEck Gold Miners ETF | 26 | 23.05B | May 2006 | GOEX vs GDX |
Top Performing GOEX Alternatives (YTD)
GOEX is at -17.79% YTD. There are 26 ETFs in the Gold category with higher YTD returns, going as high as 9.14%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| DB Gold Short Exchange Traded Notes | 9.14% | 1.84M | Feb 2008 | GOEX vs DGZ | |
| ProShares UltraShort Gold | 5.05% | 113.41M | Dec 2008 | GOEX vs GLL | |
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | -1.44% | 446.44M | Mar 2022 | GOEX vs GDE | |
| FT Vest Gold Strategy Quarterly Buffer ETF | -4.86% | 51.07M | Jan 2021 | GOEX vs BGLD | |
| UBS AG ETRACS Gold Shares Covered Call ETNs due Fe... | -6.41% | 169.31M | Jan 2013 | GOEX vs GLDI |
Lowest Volatility Alternatives to GOEX
GOEX has 52.43% 1-year volatility. There are 28 ETFs in the Gold category with lower 1-year volatility, going as low as 12.69%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Gold Strategy Quarterly Buffer ETF | 12.69% | 51.07M | Jan 2021 | GOEX vs BGLD | |
| UBS AG ETRACS Gold Shares Covered Call ETNs due Fe... | 16.52% | 169.31M | Jan 2013 | GOEX vs GLDI | |
| NEOS Gold High Income ETF | 21.90% | 478.03M | Jun 2025 | GOEX vs IAUI | |
| FT Vest Gold Strategy Target Income ETF | 24.92% | 510.89M | Mar 2021 | GOEX vs IGLD | |
| Defiance Gold Enhanced Options Income ETF | 25.12% | 25.43M | Apr 2025 | GOEX vs GOLI |
Lowest Drawdown Alternatives to GOEX
GOEX has a 1-year max drawdown of -39.64%. There are 26 ETFs in the Gold category with shallower 1-year drawdowns, going as shallow as -12.43%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Gold Strategy Quarterly Buffer ETF | -12.43% | 51.07M | Jan 2021 | GOEX vs BGLD | |
| UBS AG ETRACS Gold Shares Covered Call ETNs due Fe... | -15.81% | 169.31M | Jan 2013 | GOEX vs GLDI | |
| NEOS Gold High Income ETF | -22.50% | 478.03M | Jun 2025 | GOEX vs IAUI | |
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | -22.66% | 446.44M | Mar 2022 | GOEX vs GDE | |
| FT Vest Gold Strategy Target Income ETF | -23.84% | 510.89M | Mar 2021 | GOEX vs IGLD |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, AIQ and span 12 categories. AUM among these funds goes as high as $14B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | Nasdaq-100, Derivative Income | 85 | 8.37% | 8.37B | Dec 2013 | GOEX vs QYLD | |
| Global X Defense Tech ETF | Aerospace & Defense | 9 | -7.27% | 6.91B | Sep 2023 | GOEX vs SHLD | |
| Global X Artificial Intelligence & Technology ETF | Technology Equities | 44 | 16.62% | 10.08B | May 2018 | GOEX vs AIQ | |
| Global X Uranium ETF | Uranium | 11 | -8.47% | 5.92B | Nov 2010 | GOEX vs URA | |
| Global X Copper Miners ETF | Copper | 56 | 4.38% | 6.98B | Apr 2010 | GOEX vs COPX | |
| Global X Robotics & Artificial Intelligence Themat... | Robotics, Technology Equities | 16 | -1.88% | 3.44B | Sep 2016 | GOEX vs BOTZ | |
| Global X Silver Miners ETF | Silver, Precious Metals | 30 | -13.78% | 4.14B | Apr 2010 | GOEX vs SIL | |
| Global X S&P 500 Covered Call ETF | Derivative Income, S&P 500 | 90 | 7.24% | 3.22B | Jun 2013 | GOEX vs XYLD | |
| Global X Data Center & Digital Infrastructure ETF | REIT | 70 | 31.00% | 2.25B | Oct 2020 | GOEX vs DTCR | |
| Global X US Infrastructure Development ETF | Industrials Equities | 53 | 19.02% | 14.01B | Mar 2017 | GOEX vs PAVE |
Often Compared With GOEX
Investors most often compare GOEX with GLD, XME, IAU. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare GOEX with Any Fund or Stock
Compare GOEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GOEX with funds that move differently
Global X Gold Explorers ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GOEX.
Explore GOEX Diversifiers