GOEX

Global X Gold Explorers ETF (NEW)

$68.83

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Global X Gold Explorers ETF (GOEX) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Gold Explorers & Developers Total Return Index.

Overview

ETF tracking Global X Gold Explorers ETF (NEW)

Category International

Issuer Other

Inception Date 2010-11-04

Market Cap $108.2M

Average Volume N/A

Dividend Yield 1.04%

52-Week Range $29.19 - $78.68

VWAP $69.08

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in a portfolio of global companies that are primarily engaged in gold exploration and development. The index tracks the performance of the largest and most liquid companies involved in gold exploration and development worldwide.

✨ Key Features

Provides exposure to global gold exploration and development companies
Seeks to track the Solactive Global Gold Explorers & Developers Total Return Index
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific industry sector
Exposure to the volatility of the global gold mining industry
Currency risk for international holdings
Lack of long-term performance history to evaluate

👤 Best For

This ETF may be suitable for investors seeking exposure to the global gold exploration and development industry as part of a diversified portfolio. However, due to the fund's limited history, it may be more appropriate for experienced investors willing to accept the higher volatility and risks associated with this specialized sector.