GLDX.TO
Global X Gold Producers Index ETF
International
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 227.7 M
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
| Inception date | Nov 07, 2024 |
| Regulation | |
| Fund Website | link... |
| Distributions | |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| NEWMONT MINING CORP | 11.0 % |
| BARRICK MINING CORP | 10.4 % |
| ANGLOGOLD ASHANTI PLC | 10.1 % |
| AGNICO-EAGLE MINES LTD | 9.5 % |
| GOLD FIELDS LTD-SPONS ADR | 9.1 % |
| KINROSS GOLD CORP | 8.9 % |
| PAN AMERICAN SILVER CORP | 6.8 % |
| COEUR D'ALENE MINES CORP | 4.8 % |
| ALAMOS GOLD INC. | 4.5 % |
| LUNDIN GOLD INC. | 4.0 % |
Constituent Breakdown
| Number of holdings | 24 |
| Herfindahl-Hirschman Index | 741 |
| Wgt avg mkt cap (mns) | $38,889 |
| Large cap (>$10bn) | 71.5% |
| Mid cap ($2-10bn) | 10.5% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 76.3% |
| Emerging mkts. | 11.7% |
Sector Breakdown
Country Exposure
 |
CANADA | 64.4 % |
 |
UNITED STATES | 17.9 % |
 |
SOUTH AFRICA | 13.3 % |
 |
BRITAIN | 4.4 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 4.6% | 92.7% | -- | -- | -- | -- | -- | 82.2% |
| Dividend Yield | 0.0% | 1.8% | -- | -- | -- | -- | -- | 1.2% |
| Total Returns | 4.6% | 94.5% | -- | -- | -- | -- | -- | 83.4% | Ann. Volatility | 54.5% | 46.7% | -- | -- | -- | -- | -- | 43.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.28 | 10% |
| MSCI EAFE | 1.46 | 22% |
| MSCI Emg Mkts | 1.11 | 22% |
Liquidity Measures
| Avg. volume (000) | 110 |
| ADV traded (mns) | $5 |
| Turnover | 2.4% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $52.87 |
| Relative strength (RSI) | 48 |
| MACD/Signal | -0.82/-0.85 |
| Bollinger Bands (Upper/Lower) | $57.05/$47.29 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. GLDX.TO |
Expenses vs. GLDX.TO |
ALTAR Score™ vs. GLDX.TO |
|---|---|---|---|---|
| XGD.TO | iShares S&P/TSX Global Gold Index ETF | 56.1% | +21 bp | -0.9% |
| AMAX.TO | Hamilton Gold Producer YIELD MAXIMIZER TM ETF | 55.1% | +25 bp | -0.5% |
| HGGG.TO | Harvest Global Gold Giants Index ETF | 47.8% | 0 bp | -0.4% |
| XMA.TO | iShares S&P/TSX Capped Materials Index ETF | 39.0% | +15 bp | -1.4% |
| ZGD.TO | BMO Equal Weight Global Gold Index ETF | 32.2% | +15 bp | -0.5% |
| ZJG.TO | BMO Junior Gold Index ETF | 20.3% | +15 bp | -0.8% |
| XCG.TO | iShares Canadian Growth Index ETF | 18.0% | +15 bp | -0.2% |
| MORE.TO | Mackenzie Core Resources ETF | 16.1% | +35 bp | +2.3% |
| FCCQ.TO | Fidelity Canadian High Quality ETF | 14.6% | -5 bp | +1.4% |
| ESGC.TO | Invesco S&P/TSX Composite ESG Index ETF | 12.4% | -25 bp | +1.2% |
Risk and Returns: GLDX.TO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/4/2026
Peer Group Comparison
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ETF Research Center Rating
4.3%
ALTAR SCORE™
12nd
PERCENTILE
AVOID
ETFRC RATING
There are 415 funds in the International Equity category with an average
ALTAR Score™ of 6.1% and a standard deviation
of 1.6%. GLDX.TO's ALTAR Score™ is approximately -1.2 standard
deviations above the category average. This places GLDX.TO in the 12nd percentile
among funds in the category.
Sell-Side Consensus
$71.38
PRICE TARGET
+42.9%
UPSIDE