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Global X - Gold Explorers ETF GOEX · AMEX

$78.84 -1.52% (-$1.22)

Summary

Global X - Gold Explorers ETF is an ETF - a fund traded on an exchange like a stock - run by Global X. Positions inside: 55. The ten largest make up 40% of the fund.

Yearly costs
0.65%
Fund size
$116.5M
Positions
55
Dividend yield
2.24%
Running since
2010

What speaks for it

  • Average yearly growth over the last ten years: 8.3%.
  • It has been running since 2010.

What to watch

  • 100% of the fund is in one sector (Basic materials).
  • Costs of 0.65% a year are above the middle of comparable funds (0.44%).
  • In the last five years its price once dropped by 50% from its high.
  • It trades little: only about $625.4K changes hands a day.

A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.

Price

Performance

1 month
-11%
3 months
+22%
This year
-0.7%
1 year
+10%
3 years
+247%
5 years
+163%
10 years
+121%
Avg. market cap
$7.04B
P/E
14.9x
Forward P/E
12.2x
P/S
3.9x
P/B
2.8x
P/FCF
16.4x
EV/EBITDA
7.0x
Dividend yield
0.59%
ROIC
25.4%
ROE
19.4%
Gross margin
51.2%
Operating margin
45.4%
Net margin
30.1%
Payout ratio
8.9%
Net debt/EBITDA
-0.3x
Beta
1.03

Weighted average of the 45 largest companies, which make up 93% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.

What is inside?

Moderately concentrated
  1. 1
    EQ
    Equinox Gold Corp. EQX.TO 5.3%
  2. 2
    HL
    Hecla Mining Company HL 4.9%
  3. 3
    DP
    DPM Metals Inc. DPM.TO 4.7%
  4. 4
    EL
    Eldorado Gold Corporation ELD.TO 3.9%
  5. 5
    CD
    Coeur Mining CDE 3.8%
  6. 6
    SS
    SSR Mining Inc. SSRM.TO 3.8%
  7. 7
    LU
    Lundin Gold Inc. LUG.TO 3.5%
  8. 8
    OG
    OceanaGold Corporation OGC.TO 3.4%
  9. 9
    PR
    Perseus Mining Limited PRU.AX 3.2%
  10. 10
    GM
    G Mining Ventures Corp. GMIN.TO 3.1%

Positions in the fund: 55. The ten largest make up 40% of it.

Composition as of Oct 13, 2026.

Where is it spread?

One sector dominates

By sector

By country

By company size

By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 93% of the fund.

Largest sector: Basic materials (100%). Largest country: Canada (54%). Largest size group: Mid cap (73%).

What does it cost me?

Expensive
A year from $10,000
$65.00
Over 20 years
$3,099

From every $10,000 invested the fund takes $65.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,099.

How has it done?

Growing over the long run
A year on average, 10 years
+8.3%
Deepest drop
-50%
Yearly volatility
56%

Average yearly growth over the last ten years: 8.3%. Deepest drop in these years: 50% below the earlier high.

Does it pay dividends?

Yes, it pays out
Yield
2.24%
Payments a year
1
Last payment
$0.09

Over the last 12 months it paid $1.77 per share, which is 2.24% of today's price. The last payment was $0.09 on Jun 29, 2026.

Is it easy to buy and sell?

It trades little
Traded a day
$625.4K
Shares a day
7.9K

On an average day about $625.4K of the fund changes hands.

How expensive are the companies inside?

Rather cheap
P/E of the companies inside
14.9
Average Bulios Score
76 out of 100

Weight by Bulios Fair Price

On average the companies inside trade for 14.9 times their yearly profit. By Fair Price, 59% of the rated weight comes out as overvalued.

Counted from its largest companies (45), which make up 93% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.

Similar funds

Funds that hold much of the same. The overlap says how much of their weight they share with this fund.

Fund Domicile Size 1-year change Dividends
AU
AUMI Themes Gold Miners ETF
United States 0.35% $29.5M +10% Pays out 51%
UB
UBUD.DE UBS Solactive Global Pure Gold Miners UCITS ETF USD dis
Ireland 0.43% $538.5M +15% Pays out 51%
ZJ
ZJG.TO BMO Junior Gold Index ETF
Canada 0.61% $138.6M -89% Pays out 51%
G2
G2XJ.DE VanEck Junior Gold Miners UCITS ETF
Ireland 0.55% $1.22B +14% Reinvests 47%
GD
GDXJ.MI VanEck Junior Gold Miners UCITS ETF
Ireland 0.55% $1.22B +14% Reinvests 47%
GB
GBUG Sprott Active Gold & Silver Miners ETF
United States 0.90% $65.2M +15% Pays out 39%

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