Key stats
About Global X Gold Explorers ETF
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Inception date
Nov 3, 2010
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
GOEX initially provided exposure only to companies tied to the early stage of gold production. In May 2017, the fund transitioned from tracking Solactive Global Gold Explorers Total Return Index to Solactive Global Gold Explorers & Developers Total Return Index. This material change significantly broadened the funds exposure and reduced holding concentration by including gold mining companies involved in development as well. Furthermore, the new index uses a market-cap selection scheme rather than the liquidity selection scheme of the old index. The index is adjusted semiannually starting each April with a 4% cap to firms that produce more than 300,000 oz of gold in two out of the last three years. Those that do not fulfill these requirements are capped at 7%. In addition, the total weight of the seven biggest firms are capped at 45% and those that are not part of it are capped at 4.75%.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Non-Energy Minerals
Stocks99.94%
Non-Energy Minerals99.94%
Bonds, Cash & Other0.06%
Cash0.06%
Stock breakdown by region
North America63.84%
Oceania26.09%
Asia5.55%
Europe2.83%
Africa1.69%
Latin America0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GOEX top holdings are Coeur Mining, Inc. and Lundin Gold Inc., occupying 5.26% and 4.97% of the portfolio correspondingly.
GOEX last dividends amounted to 0.72 USD. Six months before that, the issuer paid 0.01 USD in dividends, which shows a 99.16% increase.
GOEX assets under management is 66.40 M USD. It's risen 19.32% over the last month.
GOEX fund flows account for 2.11 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, GOEX pays dividends to its holders with the dividend yield of 1.50%. The last dividend (Jan 7, 2025) amounted to 0.72 USD. The dividends are paid semi-annually.
GOEX shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Nov 3, 2010, and its management style is Passive.
GOEX expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
GOEX follows the Solactive Global Gold Explorers & Developers Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GOEX invests in stocks.
GOEX price has risen by 21.96% over the last month, and its yearly performance shows a 73.35% increase. See more dynamics on GOEX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 18.13% over the last month, showed a 33.54% increase in three-month performance and has increased by 76.53% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 18.13% over the last month, showed a 33.54% increase in three-month performance and has increased by 76.53% in a year.
GOEX trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.