GOEX vs. ARKW
Compare and contrast key facts about Global X Gold Explorers ETF (GOEX) and ARK Next Generation Internet ETF (ARKW).
GOEX and ARKW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOEX is a passively managed fund by Global X that tracks the performance of the Solactive Global Gold Explorers & Developers Total Return. It was launched on Nov 3, 2010. ARKW is an actively managed fund by ARK. It was launched on Sep 30, 2014.
Performance
GOEX vs. ARKW - Performance Comparison
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GOEX vs. ARKW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GOEX Global X Gold Explorers ETF | 10.58% | 179.50% | 19.38% | 1.99% | -14.63% | -14.45% | 34.98% | 36.73% | -14.84% | 12.61% |
ARKW ARK Next Generation Internet ETF | -17.90% | 38.93% | 42.27% | 96.89% | -67.49% | -18.85% | 157.44% | 35.76% | 4.24% | 87.29% |
Returns By Period
In the year-to-date period, GOEX achieves a 10.58% return, which is significantly higher than ARKW's -17.90% return. Over the past 10 years, GOEX has underperformed ARKW with an annualized return of 20.19%, while ARKW has yielded a comparatively higher 21.40% annualized return.
GOEX
- 1D
- 5.30%
- 1M
- -18.39%
- YTD
- 10.58%
- 6M
- 31.90%
- 1Y
- 142.11%
- 3Y*
- 49.82%
- 5Y*
- 26.17%
- 10Y*
- 20.19%
ARKW
- 1D
- 0.56%
- 1M
- -4.66%
- YTD
- -17.90%
- 6M
- -29.29%
- 1Y
- 27.20%
- 3Y*
- 31.95%
- 5Y*
- -3.84%
- 10Y*
- 21.40%
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GOEX vs. ARKW - Expense Ratio Comparison
GOEX has a 0.65% expense ratio, which is lower than ARKW's 0.76% expense ratio.
Return for Risk
GOEX vs. ARKW — Risk / Return Rank
GOEX
ARKW
GOEX vs. ARKW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Gold Explorers ETF (GOEX) and ARK Next Generation Internet ETF (ARKW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| GOEX | ARKW | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.83 | 0.72 | +2.11 |
Sortino ratioReturn per unit of downside risk | 2.88 | 1.24 | +1.64 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.15 | +0.26 |
Calmar ratioReturn relative to maximum drawdown | 4.25 | 0.83 | +3.42 |
Martin ratioReturn relative to average drawdown | 14.99 | 2.01 | +12.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GOEX | ARKW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.83 | 0.72 | +2.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | -0.09 | +0.77 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.57 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.53 | -0.49 |
Correlation
The correlation between GOEX and ARKW is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
GOEX vs. ARKW - Dividend Comparison
GOEX's dividend yield for the trailing twelve months is around 1.88%, less than ARKW's 1.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOEX Global X Gold Explorers ETF | 1.88% | 2.08% | 2.46% | 0.05% | 1.04% | 2.35% | 2.62% | 1.60% | 0.00% | 0.00% | 38.91% | 11.70% |
ARKW ARK Next Generation Internet ETF | 1.94% | 1.59% | 0.00% | 0.00% | 0.00% | 0.17% | 1.29% | 0.00% | 13.05% | 2.05% | 0.00% | 2.29% |
Drawdowns
GOEX vs. ARKW - Drawdown Comparison
The maximum GOEX drawdown since its inception was -88.83%, which is greater than ARKW's maximum drawdown of -80.52%. Use the drawdown chart below to compare losses from any high point for GOEX and ARKW.
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Drawdown Indicators
| GOEX | ARKW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.83% | -80.52% | -8.31% |
Max Drawdown (1Y)Largest decline over 1 year | -32.78% | -36.21% | +3.43% |
Max Drawdown (5Y)Largest decline over 5 years | -47.16% | -77.36% | +30.20% |
Max Drawdown (10Y)Largest decline over 10 years | -53.66% | -80.52% | +26.86% |
Current DrawdownCurrent decline from peak | -18.39% | -34.20% | +15.81% |
Average DrawdownAverage peak-to-trough decline | -64.05% | -23.98% | -40.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.30% | 14.98% | -5.68% |
Volatility
GOEX vs. ARKW - Volatility Comparison
Global X Gold Explorers ETF (GOEX) has a higher volatility of 18.88% compared to ARK Next Generation Internet ETF (ARKW) at 11.70%. This indicates that GOEX's price experiences larger fluctuations and is considered to be riskier than ARKW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GOEX | ARKW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.88% | 11.70% | +7.18% |
Volatility (6M)Calculated over the trailing 6-month period | 42.54% | 25.81% | +16.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.49% | 37.79% | +12.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.58% | 43.68% | -5.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.49% | 37.55% | +2.94% |