GOEX Global X Gold Explorers ETF
What is GOEX?
GOEX tracks a market-cap-weighted index of global stocks in the gold mining industry as an explorer or developer.
GOEX Factset Analytics Insight
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 fund’s 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%.
GOEX Summary Data
Peers
Fund Flows
GOEX Portfolio Data
GOEX Index Data
GOEX Portfolio Management
GOEX Tax Exposures
GOEX Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of GOEX. GOEX is rated a 2 out of 5.
GOEX Tradability
GOEX Sector/Industry Breakdown
Benchmark
GOEX Top 10 Holdings
GOEX Performance Statistics
GOEX Countries
Benchmark
GOEX Regions
Benchmark
GOEX Economic Development
Benchmark
GOEX Benchmark Comparison Summary
Benchmark
GOEX Benchmark Comparison Market Cap Size
Benchmark
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