GOEX

Global X Gold Explorers ETF
D

57
  • Overview
  • Efficiency
  • Tradability
  • Fit

GOEX Fund Description

The Global X Gold Explorers ETF tracks an index of companies engaged in the exploration and early stage production of gold. The index uses market cap selection and a modified market cap weighting scheme.

GOEX Factset Analytics Insight

GOEX charges a high but reasonable fee for aggressive exposure to the gold production chain. It targets early stage gold exploration, mining, and production firms. It is a high risk and high reward play. A company can see significant upside if it discovers a mine that is rich in reserves, secures financing, and ramps up production. Conversely, a company can collapse if it fails to generate a steady revenue stream. Despite the primary listing and incorporation locations of the firms in the fund, their projects are dispersed around the world, and some are in geopolitically unstable markets which subject them to material and acute geopolitical risk.
GOEX completed its transition from Solactive Global Gold Explorers Total Return Index to Solactive Global Gold Explorers & Developers Total Return Index on 5/1/2017. It is a material change that significant broadens GOEX’s exposure and reduces holding concentration. Furthermore, the new index uses a market cap selection scheme rather than the liquidity selection scheme of its old index.

GOEX MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of November 21, 2017 the Global X Gold Explorers ETF MSCI ESG Fund Quality Score is 4.35 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. GOEX ranks in the 33th percentile within its peer group and in the 15th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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GOEX Top 10 Countries

GOEX Top 10 Sectors

GOEX Top 10 Holdings View All

GOEX Summary Data

Global X
11/03/10
Open-Ended Fund
0.66%
$45.79M
$266.1K
0.73%

GOEX Portfolio Data

$1.19B
52.93
1.28
37.12%
12/28/17
49

GOEX Index Data

Market Cap
Market Cap
MSCI ACWI Select Gold Miners Investable Market Index

Related ETFs to GOEX

GDX, GDXJ, RING
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

GOEX Portfolio Management

0.66%
-1.4%
1.93%
-5.67%

GOEX Tax Exposures

20% / 39.6%
--
Qualified dividends
No

GOEX Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Medium
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
12:58:5121.90121
12:57:2521.90209
12:56:4821.90165
12:50:3421.91113
12:48:3421.90109
12:46:3421.91154
12:44:3321.9198
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Bats BZX Real-time Quote - 23:59:59
Daily Spread
Premium/Discount
Volume

GOEX Factset Analytics Block Liquidity

As of 11/22/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of GOEX. GOEX is rated a 1 out of 5.

GOEX Tradability

11,988
$266.1K
10,316
$223.03K
0.73%
$0.17
-0.04%
1.44% / -2.93%
None
71%
50,000
0.21
0.09%
1.42%
42
$21.7
1

GOEX Sector/Industry BreakdownView All

GOEXSegment Benchmark
90.65% 71.18%
6.82% 17.05%

GOEX Geographic Exposure

GOEXSegment Benchmark
52.43% 66.89%
11.34% 16.56%
16.78% 7.91%
6.76% 4.82%
1.15% 1.40%
-- 1.23%
-- 1.18%
2.39% --
9.15% --

GOEXSegment Benchmark
69.22% 74.80%
11.34% 17.79%
7.91% 6.23%
2.39% 1.18%
87.31% / 12.69% 96.18% / 3.82%

GOEX Performance Statistics

0.83
1.09
1.21
1.11
0.87%
MSCI ACWI Select Gold Miners Investable Market Index

GOEX MSCI ESG Ratings

4.35 / 10
32.97
15.37
--
--
485.69

GOEX BENCHMARK COMPARISON

    GOEX
    49 Holdings
    Segment Benchmark
    35 Constituents
    Shared Holdings
    15 (Count)
     
    17.29% (Weight)
GOEXSegment Benchmark
28.15% 0.00%
44.11% 4.35%
24.30% 69.08%
3.44% 22.80%
1.04% 0.86%
High Medium