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Upturn AI SWOT - About
Global X Gold Explorers ETF (GOEX)
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Upturn Advisory Summary
08/29/2025: GOEX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 32.36% | Avg. Invested days 43 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 08/29/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.08 | 52 Weeks Range 26.19 - 49.29 | Updated Date 06/29/2025 |
52 Weeks Range 26.19 - 49.29 | Updated Date 06/29/2025 |
Upturn AI SWOT
Global X Gold Explorers ETF
ETF Overview
Overview
The Global X Gold Explorers ETF (GOEX) seeks to invest in companies involved in gold exploration. It aims to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Gold Explorers Index.
Reputation and Reliability
Global X is a well-established ETF provider known for its thematic and international ETFs.
Management Expertise
Global X has a dedicated team of investment professionals experienced in managing various ETF strategies.
Investment Objective
Goal
To provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Gold Explorers Index.
Investment Approach and Strategy
Strategy: The ETF tracks the Solactive Global Gold Explorers Index, a rules-based index designed to measure the performance of companies involved in gold exploration activities.
Composition The ETF primarily holds stocks of companies engaged in gold exploration and related activities.
Market Position
Market Share: Data not available to determine precise market share.
Total Net Assets (AUM): 125600000
Competitors
Key Competitors
- GDXJ
- SILJ
Competitive Landscape
The competitive landscape includes major junior gold mining ETFs. GOEX focuses specifically on exploration companies, offering a more targeted approach. Competitors like GDXJ have broader holdings and bigger AUMs. SILJ is about silver miners.
Financial Performance
Historical Performance: Historical performance data is available from the ETF provider and financial websites. Please note that this performance is not a prediction of future returns.
Benchmark Comparison: The ETF's performance should be compared to the Solactive Global Gold Explorers Index to assess its tracking effectiveness.
Expense Ratio: 0.39
Liquidity
Average Trading Volume
The average trading volume reflects the ETF's liquidity, with higher volumes generally indicating greater ease of trading.
Bid-Ask Spread
The bid-ask spread, which can fluctuate, indicates the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept.
Market Dynamics
Market Environment Factors
Economic indicators, gold prices, investor sentiment, and regulatory changes can all affect GOEX's performance.
Growth Trajectory
Growth will follow gold exploration success. Potential shifts in gold prices or investor interest in precious metals may change trajectory.
Moat and Competitive Advantages
Competitive Edge
GOEX's focus on gold exploration companies provides a targeted approach to the gold mining sector, potentially offering higher growth opportunities compared to broader gold mining ETFs. This niche strategy may attract investors seeking exposure to early-stage gold projects. However, it also entails higher risk due to the speculative nature of exploration. The ETF may appeal to investors with a higher risk tolerance.
Risk Analysis
Volatility
The ETF can experience significant volatility due to the speculative nature of gold exploration activities.
Market Risk
Gold price fluctuations, geopolitical risks, and regulatory changes can affect the performance of exploration companies.
Investor Profile
Ideal Investor Profile
Investors seeking targeted exposure to the gold exploration sector and willing to accept higher risk.
Market Risk
The ETF may be suitable for long-term investors with a higher risk tolerance, looking for targeted exposure to the gold exploration sector.
Summary
The Global X Gold Explorers ETF offers a focused investment strategy targeting gold exploration companies. This niche focus presents both opportunities and risks, making it suitable for investors with a higher risk tolerance and a long-term investment horizon. GOEX offers a pure-play exploration play but may expose investors to higher volatility than broader gold mining ETFs. An understanding of the gold market and junior miners is important before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Global X ETFs website
- Solactive
- Financial News Providers
Disclaimers:
Past performance is not indicative of future results. Investing in ETFs involves risk, including the possible loss of principal. The data provided is for informational purposes only and should not be considered investment advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Global X Gold Explorers ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests at least 80% of its total assets in the securities of the index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the underlying index. The underlying index is a free float-adjusted, liquidity-tested and market capitalization-weighted index that is designed to measure broad-based equity market performance of global companies involved in gold exploration. It is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.