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Data as of .

GOAU vs GOEX: which is really different?

GOAU and GOEX hold 24% of their weight in the same names, and GOEX returned more over the year.

US Global GO Gold and Precious Metal Miners ETF and Global X Gold Explorers ETF.

2.9%GOAU in the S&P 500
0.0%GOEX in the S&P 500
+31.8%GOAU total return, 1 year
+50.3%GOEX total return, 1 year

ETFIQ Off-Index Score: GOEX scores higher

How much of it is not the index it is sold as an alternative to?

GOAU 77.7GOEX 91.80.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

GOAU97% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
3%97%3% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 56% of the fund · 29 holdings filed Jun 30, 2026 · Nasdaq-100: 0% in3%97%3% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 56% of the fund
GOEX100% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 39% of the fund · 55 holdings filed Sep 18, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 39% of the fund

24% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, GOAU and GOEX hold 24% of their money in the same securities at the same weight.

Positions GOAU and GOEX both hold, largest shared weight first
HoldingGOAUGOEX
Genesis Minerals Ltd3.27%2.60%
DPM Metals Inc2.08%4.56%
Perseus Mining Ltd2.08%3.08%
Capricorn Metals Ltd3.38%2.07%
Ramelius Resources Ltd2.02%2.33%
Westgold Resources Ltd3.12%1.80%
Fortuna Mining Corp3.90%1.78%
Endeavour Silver Corp3.85%1.47%
Pan African Resources PLC2.75%1.44%
Emerald Resources NL2.23%1.28%
Hochschild Mining PLC2.67%1.20%
Resolute Mining Ltd1.93%0.98%
Only in each
Only in GOAUOnly in GOEX
Franco-Nevada Corp 10.16%EQUINOX GOLD CORP 5.33%
OR Royalties Inc 9.78%HECLA MINING CO 5.06%
Wheaton Precious Metals Corp 9.72%ELDORADO GOLD CORP 4.16%
Aya Gold & Silver Inc 4.12%COEUR MINING INC 4.14%
Harmony Gold Mining Co Ltd 4.05%SSR MINING INC 3.56%
Endeavour Mining PLC 3.89%OCEANAGOLD CORP 3.24%
Evolution Mining Ltd 3.20%LUNDIN GOLD INC 3.19%
IAMGOLD Corp 2.98%G MINING VENTURE CORP 3.08%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 18, 2026.

Performance, window by window

GOAU and GOEX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
GOAUGOEXGOAUGOEXGOAUGOEX
3 months+16.8%+18.7%+14.5 pts+16.4 pts+19.3 pts+21.2 pts
6 months+21.8%+22.1%+3.8 pts+4.1 pts−2.4 pts−2.1 pts
1 year+31.8%+50.3%+15.3 pts+33.7 pts+10.1 pts+28.5 pts
3 years+208.7%+294.9%+130.3 pts+216.6 pts+110.5 pts+196.8 pts
Since launch+324.3%+29.5%+63.3 pts−696.3 pts−123.0 pts−1410.7 pts
Open the live comparison on ETFIQ
GOAU and GOEX on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GOAU
US Global GO Gold and Precious Metal Miners ETF
Holds 29 stocks in miners and metals, 3% of its weight in S&P 500 companies
GOEX
Global X Gold Explorers ETF
Holds 55 stocks in gold miners, 0% of its weight in S&P 500 companies
IssuerU.S. GlobalGlobal X
ThemeMiners and metalsGold miners
In the S&P 5002.9%0.0%
Active share vs the S&P 50099.8%100.0%
In the Nasdaq-1000.0%0.0%
Holdings2955
Top ten, share of the fund56.1%39.4%
Expense ratio0.60%0.65%
Fee for the differing part0.60%0.65%
Total return, 1 year+31.8%+50.3%
vs the S&P 500+15.3 pts+33.7 pts
vs the Nasdaq-100+10.1 pts+28.5 pts
Below its high−16.1%−17.9%
Net assets$165m$131m

GOAU in plain words

By weight, 3% of GOAU's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 56% of the fund across 29 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +31.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 15.3 pts. It sits 16.1% below its all-time high of Feb 27, 2026.

GOEX in plain words

By weight, 0% of GOEX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 39% of the fund across 55 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +50.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 33.7 pts. It sits 17.9% below its all-time high of Mar 2, 2026.

Questions people ask

Do GOAU and GOEX hold the same stocks?
By their latest filings, 24% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, GOAU or GOEX?
GOAU has 3% of its weight in S&P 500 names and GOEX has 0%, so GOEX differs more from the index.
Which is cheaper, GOAU or GOEX?
GOAU charges 0.60% a year and GOEX charges 0.65%, so GOAU is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

GOAU against GOEX, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GOAU against GOEX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/goau-vs-goex Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources