Global X Gold Explorers ETF has outperformed VanEck Gold Miners ETF and VanEck Junior Gold Miners ETF in 2025, rising 169% year-to-date amid a strong gold bull market. GOEX offers high momentum but carries elevated risk, lower dividend, and higher expense ratios compared to GDX and GDXJ. Unlike leveraged products, GOEX avoids time decay and benefits from the inherent leverage of gold exploration and mining equities.
GOEX has surged about 100% from its 52-week low, thanks to gold's safe-haven demand, central bank buying and dollar weakness.
For investors seeking momentum, Global X Gold Explorers ETF GOEX is probably on the radar. The fund just hit a 52-week high and has moved up 45% from its 52-week low of $26.39 per share.
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The company specializes in investment services, focusing on gold exploration sectors across the globe. By investing a significant portion of its total assets into securities within a specialized index, alongside American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that are based on these securities, the company aims to provide investors with access to the broad-based equity market performance of companies involved in gold exploration. The underlying index, which the company's investments follow, is meticulously constructed based on free float-adjusted, liquidity-tested, and market capitalization-weighted metrics. This strategic approach to investment aims to capture the essence of global gold exploration market performance, providing a non-diversified but focused investment portfolio to its stakeholders.
Investing primarily in the securities that constitute the underlying index, the company focuses on capturing the overall market dynamics and performance of global gold exploration companies. This includes direct investments in stocks and other securities within the index that meet the company's stringent selection criteria based on liquidity, market capitalization, and free float adjustments.
As part of its diversified investment approach, the company also invests in ADRs and GDRs that are based on the securities in the gold exploration sector. These financial instruments allow the company to gain exposure to foreign markets without the intricacies and risks associated with direct investments in foreign stock exchanges, thereby providing a more balanced and accessible way for investors to tap into the gold exploration sector globally.