ducovest

GOEX:ARCA-Global X Gold Explorers (USD)

ETF | Equity Precious Metals | NYSE Arca

Last Closing

USD 33.3947

Change

+0.94 (+2.89)%

Market Cap

USD 0.04B

Volume

8.44K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks 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. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is 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.

Company Website : www.globalxfunds.com

Currency: USD

Country : USA

Inception Date: 03/11/2010

Primary Benchmark: Solactive Global Gold Exp&Dvlp TR USD

Primary Index: MSCI ACWI NR USD

Gross Expense Ratio: 0.65%

Management Expense Ratio: 0.65 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
AGI Alamos Gold Inc 5.07 %
HL Hecla Mining Company 4.83 %
ELD WisdomTree Emerging Markets Local Debt Fund 3.93 %
PRU Prudential Financial Inc 3.88 %
CDE Coeur Mining Inc 3.49 %
PLUG Plug Power Inc 3.20 %
CYLYF Ceylon Graphite Corp 3.14 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-13 )

Largest Industry Peers for Equity Precious Metals

Symbol Name Mer Price(Change) Market Cap
GDXJ VanEck Junior Gold Miners ETF 0.53 %

-0.59 (-1.20%)

 USD 4.86B
SILJ Amplify ETF Trust 0.69 %

-0.14 (-1.09%)

 USD 0.64B
SGDM Sprott Gold Miners ETF 0.57 %

-0.29 (-0.91%)

 USD 0.27B
SGDJ Sprott Junior Gold Miners ETF 0.57 %

-0.29 (-0.79%)

 USD 0.12B
GDX VanEck Gold Miners ETF 0.52 %

-0.40 (-1.00%)

 N/A
REMX VanEck Rare Earth/Strategic Me.. 0.59 %

+0.07 (+0.18%)

 N/A
SIL Global X Silver Miners ETF 0.65 %

-0.31 (-0.88%)

 N/A

ETFs Containing GOEX

N/A

Market Performance

  Market Performance vs. Industry/Classification (Equity Precious Metals) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 32.20% 100% F 92% A
Dividend Return 0.02% 100% F 1% F
Total Return 32.23% 100% F 91% A-
Trailing 12 Months  
Capital Gain 38.61% 100% F 90% A-
Dividend Return 0.02% 40% F 1% F
Total Return 38.64% 100% F 88% B+
Trailing 5 Years  
Capital Gain 34.76% 50% F 65% D
Dividend Return 9.28% 88% B+ 32% F
Total Return 44.04% 75% C 63% D
Average Annual (5 Year Horizon)  
Capital Gain 8.27% 88% B+ 65% D
Dividend Return 9.97% 88% B+ 62% D
Total Return 1.70% 75% C 39% F
Risk Return Profile  
Volatility (Standard Deviation) 82.32% 25% F 9% A-
Risk Adjusted Return 12.11% 75% C 33% F
Market Capitalization 0.04B 20% F 17% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.