Feed GOEX
GO

Global X - Gold Explorers ETF GOEX AMEX · Financials · United States

$73.73 +0.31% +$0.23

Summary

Global X - Gold Explorers ETF is an ETF - a fund traded on an exchange like a stock - run by Global X. Positions inside: 56. The ten largest make up 39% of the fund.

Yearly costs
0.65%
Fund size
$114.6M
Positions
56
Dividend yield
2.40%
Running since
2010

What speaks for it

  • Average yearly growth over the last ten years: 9.1%.
  • 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 (0.45%).
  • In the last five years its price once dropped by 50% from its high.
  • It trades little: only about $545.2K 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
-8.8%
3 months
-15%
This year
-9.2%
1 year
+6.3%
3 years
+221%
5 years
+118%
10 years
+139%
Avg. market cap
$6.44B
P/E
13.5x
Forward P/E
11.9x
P/S
3.5x
P/B
2.5x
P/FCF
14.6x
EV/EBITDA
6.1x
Dividend yield
0.71%
ROIC
17.1%
ROE
20.0%
Gross margin
51.4%
Operating margin
44.7%
Net margin
29.0%
Payout ratio
9.6%
Net debt/EBITDA
-0.4x
Beta
1.03

Weighted average of the 45 largest companies, which make up 90% 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
    HL
    Hecla Mining Company HL 4.8%
  2. 2
    DP
    DPM Metals Inc. DPM.TO 4.2%
  3. 3
    EQ
    Equinox Gold Corp. EQX.TO 4.0%
  4. 4
    CD
    Coeur Mining CDE 4.0%
  5. 5
    AG
    Alamos Gold Inc. AGI.TO 3.9%
  6. 6
    GM
    G Mining Ventures Corp. GMIN.TO 3.8%
  7. 7
    EL
    Eldorado Gold Corporation ELD.TO 3.8%
  8. 8
    LU
    Lundin Gold Inc. LUG.TO 3.6%
  9. 9
    OG
    OceanaGold Corporation OGC.TO 3.3%
  10. 10
    PR
    Perseus Mining Limited PRU.AX 3.2%

Positions in the fund: 56. The ten largest make up 39% of it.

Composition as of Nov 12, 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 90% of the fund.

Largest sector: Basic materials (100%). Largest country: Canada (52%). Largest size group: Mid cap (78%).

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
+9.1%
Deepest drop
-50%
Yearly volatility
55%

Average yearly growth over the last ten years: 9.1%. Deepest drop in these years: 50% below the earlier high.

Does it pay dividends?

Yes, it pays out
Yield
2.40%
Payments a year
1
Last payment
$0.09

Over the last 12 months it paid $1.77 per share, which is 2.40% 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
$545.2K
Shares a day
7.4K

On an average day about $545.2K of the fund changes hands.

How expensive are the companies inside?

Rather cheap
P/E of the companies inside
13.5
Average Bulios Score
77 out of 100

Weight by Bulios Fair Price

On average the companies inside trade for 13.5 times their yearly profit. By Fair Price, 65% of the rated weight comes out as undervalued.

Counted from its largest companies (45), which make up 90% 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% $27.5M +3.9% Pays out 50%
UB
UBUD.DE UBS Solactive Global Pure Gold Miners UCITS ETF USD dis
Ireland 0.43% $498.2M +9.8% Pays out 50%
G2
G2XJ.DE VanEck Junior Gold Miners UCITS ETF
Ireland 0.55% $1.12B +10% Reinvests 47%
GD
GDXJ.MI VanEck Junior Gold Miners UCITS ETF
Ireland 0.55% $1.12B +9.7% Reinvests 47%
ZJ
ZJG.TO BMO Junior Gold Index ETF
Canada 0.61% $125.4M -89% Pays out 46%
GB
GBUG Sprott Active Gold & Silver Miners ETF
United States 0.90% $60.4M +9.9% Pays out 39%

We use essential cookies to run the website and optional analytics cookies to measure usage.

Privacy policy