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Upturn AI SWOT - About
Global X Gold Explorers ETF (GOEX)
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Upturn Advisory Summary
07/03/2025: GOEX (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 24.41% | Avg. Invested days 45 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 07/03/2025 |
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, offering targeted exposure to firms actively searching for new gold deposits, providing investors an avenue to participate in the potential upside of new gold discoveries.
Reputation and Reliability
Global X ETFs is a reputable provider known for its thematic and specialized ETFs, demonstrating a strong track record in innovation and investment solutions.
Management Expertise
Global X ETFs boasts a management team with significant experience in thematic investing and ETF portfolio management.
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 Total Return Index.
Investment Approach and Strategy
Strategy: The ETF tracks the Solactive Global Gold Explorers Total Return Index, focusing on companies engaged in gold exploration.
Composition The ETF primarily holds stocks of companies involved in gold exploration activities. It is concentrated in the gold exploration sector.
Market Position
Market Share: GOEX holds a moderate market share within the gold mining and exploration ETF landscape.
Total Net Assets (AUM): 101842767
Competitors
Key Competitors
- VanEck Gold Miners ETF (GDX)
- VanEck Junior Gold Miners ETF (GDXJ)
- iShares MSCI Global Gold Miners ETF (RING)
Competitive Landscape
The gold mining and exploration ETF industry is competitive, with GDX and GDXJ holding significant market share. GOEX offers a more targeted approach focused solely on gold exploration companies, which may provide higher growth potential but also carries higher risk compared to diversified gold mining ETFs.
Financial Performance
Historical Performance: Historical performance data should be sourced from reliable financial data providers. Returns can be highly volatile, fluctuating in line with gold prices and exploration success.
Benchmark Comparison: The ETF's performance is typically compared to the Solactive Global Gold Explorers Total Return Index. Performance relative to the index reflects the ETF's tracking efficiency and expenses.
Expense Ratio: 0.5
Liquidity
Average Trading Volume
GOEX's average trading volume is moderate, which can affect the ease of buying and selling shares.
Bid-Ask Spread
The bid-ask spread varies with market conditions and can impact trading costs, so it should be checked before executing trades.
Market Dynamics
Market Environment Factors
Economic indicators, gold prices, geopolitical events, and the success of exploration projects influence GOEX's performance.
Growth Trajectory
GOEX's growth depends on the demand for gold, the availability of new gold discoveries, and the overall health of the mining industry. Changes to the ETF's holdings will be influenced by changes to the underlying index.
Moat and Competitive Advantages
Competitive Edge
GOEX distinguishes itself with its narrow focus on gold exploration companies, providing a unique investment opportunity within the precious metals sector. This targeted approach allows investors to specifically capitalize on the potential upside from new gold discoveries. While highly specialized, this concentration can lead to greater volatility. The ETF's strategy caters to investors seeking pure-play exposure to gold exploration, differentiating it from broader gold mining ETFs.
Risk Analysis
Volatility
GOEX exhibits relatively high volatility due to its concentration in junior gold exploration companies.
Market Risk
Specific risks include fluctuations in gold prices, exploration failure, political and regulatory risks in mining jurisdictions, and financing challenges for exploration companies.
Investor Profile
Ideal Investor Profile
GOEX is suitable for investors with a high-risk tolerance who believe in the long-term potential of gold exploration and are seeking focused exposure to this niche sector.
Market Risk
GOEX is best suited for active traders and investors with a longer time horizon and a strong understanding of the gold mining and exploration industry. It is not for passive index followers.
Summary
Global X Gold Explorers ETF (GOEX) offers targeted exposure to companies engaged in gold exploration. Its narrow focus provides an opportunity to capitalize on new gold discoveries but comes with heightened volatility and risk. The fund's performance depends heavily on gold prices, exploration success, and geopolitical factors. It is suitable for risk-tolerant investors seeking specific exposure to gold exploration rather than broader gold mining.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Global X ETFs
- Solactive
- ETF.com
- Bloomberg
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Past performance is not indicative of future results.
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.