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Launched · SEC filings

Global X Gold Explorers ETF

GOEXNYSE ArcaGlobal XC

$75.84+6.02 (+8.62%)

As of Nov 4, 2026, 3:50 PM ET

C40/ 100

Rank 14 of 18 in Precious Metals Miners

C40/100Rank 14 of 18inPrecious Metals Miners
Intraday session: up, 74 prints from 69.82 to 75.84. Range 74.14 to 76.08. Use the arrow keys to read each point.71.0072.0073.0074.0075.0010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$104M
1Y total return
+8.8%
Yield · Last 12 months
2.53%
Holdings
54
Avg volume · 30D
7.29K sh
52W range
low $62.52high $110.19
Launched
Filings
SEC EDGAR

The ETF.net GOEX Grade

C

Score 40 out of 100

Category
Precious Metals Miners⁠
Rank
14 of 18
Six-pillar profile for GOEX. Scores out of 100: Cost 26, Risk 45, Mission 73, Tradability 25, Holdings 88, Durability 60. Strongest: Holdings (88). Weakest: Tradability (25). Leans toward Holdings.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D26 out of 100
    Rank 12 of 18

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A73 out of 100
    Rank 4 of 6

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C45 out of 100
    Rank 12 of 18

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D25 out of 100
    Rank 14 of 18

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A88 out of 100
    Rank 2 of 18

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B60 out of 100
    Rank 7 of 18

Our read on GOEX

ETF.net Research

In short

CMost gold funds buy the miners already pulling metal out of the ground. GOEX buys the ones still looking for it: a global basket of explorers and developers, tracking a Solactive index since 2010.

Stated mandate

The fund seeks to track, before fees and expenses, the price and yield performance of the Solactive Global Gold Explorers & Developers Total Return Index.

Why people hold it

  • Owns the front end of the gold supply chain: explorers and developers hunting deposits and building mines, not the established producers most gold funds lean on.
  • About 50 names, a global mandate, and a portfolio that stays tight to the explorers-and-developers index it names.
  • Trading since 2010, so there is a real record across more than one full gold cycle to dig through.

Worth knowing

  • At 0.65% a year it costs more than the category heavyweights: GDX charges 0.51%, RING 0.39%.
  • It trades lightly next to the big gold-miner funds, so bid-ask spreads can widen when markets move fast.
  • Explorers and developers often have no producing mine and no revenue, which makes for a bumpier ride than producer-heavy gold funds.

GOEX Performance

Launched Nov 3, 2010

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GOEX$10,875
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,158
Nov 3, 2025 to Nov 3, 2026. GOEX $10,875. SPY $11,158. Use the arrow keys to read each point.$10,000$12,500$15,000$17,500Nov 2025May 2026Nov 2026

Nov 3, 2025 – Nov 3, 2026

Returns run to the Nov 3, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GOEX. Periods over one year show the average yearly return.
PeriodGOEX
Year to date−13.2%
1 month−14.9%
3 months−0.7%
1 year+8.8%
3 yearsper year+45.3%
5 yearsper year+20.0%
10 yearsper year+12.1%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GOEX
YearReturn barGOEX
2026 YTD−13.2%
2025+179.4%
2024+19.4%
2023+2.0%
2022−14.6%
2021−14.5%
2020+34.9%

GOEX in the news

GOEX Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 3, 2026.
2.53%Last 12 months
Payout per share
$1.77Last 12 months
Last payment
$0.09 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 13 payments from 2017 to 2026 YTD. Jun 27, 2019 $0.01; Dec 30, 2019 $0.41; Jun 29, 2020 $0.03; Dec 30, 2020 $0.90; Jun 29, 2021 $0.15; Dec 30, 2021 $0.54; Jun 29, 2022 $0.05; Dec 29, 2022 $0.21; Jun 29, 2023 $0.01; Jun 27, 2024 $0.006; Dec 30, 2024 $0.72; Dec 30, 2025 $1.67; Jun 29, 2026 $0.09. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 29, 2026Jul 7, 2026$0.09
Dec 30, 2025Jan 7, 2026$1.67
Dec 30, 2024Jan 7, 2025$0.72
Jun 27, 2024Jul 5, 2024$0.006
Jun 29, 2023Jul 10, 2023$0.01
Dec 29, 2022Jan 9, 2023$0.21
Jun 29, 2022Jul 8, 2022$0.05
Dec 30, 2021Jan 7, 2022$0.54
Jun 29, 2021Jul 8, 2021$0.15
Dec 30, 2020Jan 8, 2021$0.90
Jun 29, 2020Jul 8, 2020$0.03
Dec 30, 2019Jan 8, 2020$0.41

See all 18 payments⁠

$10,000 in GOEX 10 years ago paid $3,683 in dividends.⁠

GOEX Risk

Risk pillarC45 out of 100Rank 12 of 18 in Precious Metals Miners
How much the fund’s monthly returns vary, scaled to a year.
44.7%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.00
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−47.1%
Trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.03
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

GOEX Cost

Compare GOEX and AUMI

Overpaying vs AUMI, tied cheapest in Precious Metals Miners

$5,591

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GOEX 0.65%

    $12,717

  • AUMI 0.35% Tied cheapest

    $7,126

$10,000
30 years

Cost over time

  • GOEX 0.65%
  • AUMI 0.35%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530GOEX $12,717AUMI $7,126

Year by year

YearGOEXAUMIOverpaying
10$1,163$634$529
20$4,440$2,454$1,986
30$12,717$7,126$5,591

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