COLO vs GOEX
Comparison between GLOBAL X MSCI COLOMBIA ETF (COLO, ETF) and GLOBAL X GOLD EXPLORERS ETF (GOEX, ETF).
5-Year PerformanceGOEX has outperformed COLO, delivering a return of +17.2% compared to +16.0%
COLO vs GOEX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
COLO vs GOEX - Holdings Comparison
COLO and GOEX have 2 common holdings. Overlap is 1.90%
COLO's top 25 holdings weight is 96.44%. GOEX's top 25 holdings weight is 70.52%.
| Rank | COLO | GOEX |
|---|---|---|
| #1 | GRUPO CIBEST SA PARTICIPATING PREFERRED (n/a) - 13.76% | HECLA MINING CO (HL) - 5.33% |
| #2 | ECOPETROL SA (n/a) - 9.78% | COEUR MINING INC (CDE) - 4.50% |
| #3 | CASH (n/a) - 9.78% | DPM METALS INC (DPMLF) - 3.91% |
| #4 | INTERCONEXION ELECTRICA SA ESP (n/a) - 8.78% | ALAMOS GOLD INC CLASS A (n/a) - 3.74% |
| #5 | GRUPO CIBEST SA (n/a) - 6.59% | EQUINOX GOLD CORP ORDINARY SHARES CLASS A (n/a) - 3.74% |
| #6 | CEMENTOS ARGOS SA (n/a) - 4.00% | OCEANAGOLD CORP (n/a) - 3.67% |
| #7 | GRUPO ENERGIA BOGOTA SA ESP (n/a) - 3.69% | ELDORADO GOLD CORP (n/a) - 3.60% |
| #8 | GRUPO AVAL ACCIONES Y VALORES SA PARTICIPATING PREFERRED (n/a) - 3.61% | LUNDIN GOLD INC (LUGDF) - 3.53% |
| #9 | TECNOGLASS INC (TGLS) - 3.32% | SSR MINING INC (n/a) - 3.28% |
| #10 | DAVIVIENDA GROUP SA PRF PERPETUAL COP 180 (n/a) - 2.88% | G MINING VENTURES CORP (GMINF) - 2.74% |
| #11 | GRUPO ARGOS SA (n/a) - 2.74% | PERSEUS MINING LTD (n/a) - 2.74% |
| #12 | CELSIA SA ESP (n/a) - 2.36% | GREATLAND RESOURCES LTD (n/a) - 2.71% |
| #13 | COLOMBIAN PESO (n/a) - 2.24% | RAMELIUS RESOURCES LTD (n/a) - 2.44% |
| #14 | CORPORACION FINANCIERA COLOMBIANA SA (n/a) - 2.13% | TOREX GOLD RESOURCES INC (n/a) - 2.32% |
| #15 | MILLICOM INTERNATIONAL CELLULAR SA (TIGO) - 2.10% | K92 MINING INC (n/a) - 2.31% |
| #16 | PATRIMONIO AUTN (n/a) - 2.10% | GENESIS MINERALS LTD (n/a) - 2.29% |
| #17 | GEOPARK LTD (GPRK) - 2.01% | DISCOVERY SILVER CORP (n/a) - 2.28% |
| #18 | BROOKFIELD RENEWABLE CORP (n/a) - 2.01% | CAPRICORN METALS LTD (n/a) - 2.20% |
| #19 | ARIS MINING CORP (ARIS) - 1.98% | ORLA MINING LTD (n/a) - 2.00% |
| #20 | GRUPO DE INVERSIONES SURAMERICANA SA PARTICIPATING PREFERRED (n/a) - 1.97% | WESTGOLD RESOURCES LTD (n/a) - 1.94% |
| #21 | PAREX RESOURCES INC (n/a) - 1.94% | ARTEMIS GOLD INC ORDINARY SHARES (n/a) - 1.93% |
| #22 | GRUPO DE INVERSIONES SURAMERICANA SA (n/a) - 1.91% | ARIS MINING CORP (ARIS) - 1.92% |
| #23 | EMPRESAS COPEC SA (n/a) - 1.89% | CENTERRA GOLD INC (n/a) - 1.89% |
| #24 | MINEROS SA (n/a) - 1.44% | REGIS RESOURCES LTD (n/a) - 1.83% |
| #25 | GRUPO ARGOS SA PARTICIPATING PREFERRED (n/a) - 1.43% | SKEENA RESOURCES LTD (SKE) - 1.68% |
| Total Holdings | 29 | 53 |
COLO vs GOEX - Historical Returns
Returns include dividend reinvestment.
COLO vs GOEX - Annual Returns (2009 - 2026)
Returns include dividend reinvestment.
| Year | COLO | GOEX |
|---|---|---|
| 2026 | +24.43% | -9.72% |
| 2025 | +65.63% | +166.88% |
| 2024 | +3.89% | +21.66% |
| 2023 | +25.45% | -1.01% |
| 2022 | -22.52% | -13.34% |
| 2021 | -10.28% | -20.10% |
| 2020 | -15.07% | +35.15% |
| 2019 | +27.78% | +35.28% |
| 2018 | -21.54% | -16.42% |
| 2017 | +10.07% | +9.64% |
| 2016 | +26.28% | +72.97% |
| 2015 | -40.52% | -12.97% |
| 2014 | -26.27% | -12.18% |
| 2013 | -15.41% | -63.77% |
| 2012 | +25.11% | -31.44% |
| 2011 | -14.11% | -41.71% |
| 2010 | +51.29% | +14.53% |
| 2009 | +90.17% | N/A |
COLO vs GOEX Drawdown Comparison
The maximum drawdown for COLO was -78.92%, occurring on Mar 23, 2020. This drawdown has not yet recovered.
The maximum drawdown for GOEX was -88.82%, occurring on Jul 23, 2015. Recovery took 3697 trading sessions.
The current COLO drawdown is -16.23%. The current GOEX drawdown is -33.91%.
| Rank | COLO | GOEX |
|---|---|---|
| #1 | -78.92% Nov 4, 2010 - Mar 23, 2020 | -88.82% Apr 8, 2011 - Dec 19, 2025 |
| #2 | -14.95% Oct 12, 2009 - Feb 16, 2010 | -39.64% Mar 2, 2026 - Jun 10, 2026 |
| #3 | -11.46% Feb 9, 2009 - Mar 17, 2009 | -19.44% Jan 28, 2026 - Feb 26, 2026 |
| #4 | -10.46% Apr 26, 2010 - Jun 15, 2010 | -15.09% Dec 31, 2010 - Apr 8, 2011 |
| #5 | -7.98% Jun 12, 2009 - Jul 1, 2009 | -10.10% Nov 8, 2010 - Nov 30, 2010 |
| #6 | -7.87% Jul 23, 2009 - Aug 25, 2009 | -7.40% Dec 26, 2025 - Jan 6, 2026 |
| #7 | -7.82% Aug 27, 2009 - Sep 8, 2009 | -5.20% Dec 6, 2010 - Dec 28, 2010 |
| #8 | -7.79% Mar 23, 2009 - Apr 15, 2009 | -1.91% Jan 6, 2026 - Jan 12, 2026 |
| #9 | -6.05% Jul 2, 2009 - Jul 14, 2009 | -1.65% Dec 23, 2025 - Dec 26, 2025 |
| #10 | -3.97% Aug 4, 2010 - Aug 24, 2010 | -1.64% Dec 28, 2010 - Dec 31, 2010 |
| #11 | -3.84% Mar 8, 2010 - Apr 6, 2010 | -1.24% Jan 20, 2026 - Jan 22, 2026 |
| #12 | -3.52% Jun 21, 2010 - Jul 8, 2010 | -0.59% Jan 15, 2026 - Jan 20, 2026 |
| #13 | -3.38% Oct 13, 2010 - Nov 3, 2010 | N/A |
| #14 | -3.15% Sep 8, 2010 - Sep 28, 2010 | N/A |
| #15 | -2.87% Apr 6, 2010 - Apr 23, 2010 | N/A |
Correlation
Correlation between COLO and GOEX is 0.41 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
Dividend Comparison (2009 - 2025)
COLO vs GOEX dividend yield comparison.
| Year | COLO | GOEX |
|---|---|---|
| 2025 | 7.51% | 2.08% |
| 2024 | 6.09% | 2.46% |
| 2023 | 6.99% | 0.05% |
| 2022 | 12.55% | 1.04% |
| 2021 | 2.32% | 2.35% |
| 2020 | 3.23% | 2.62% |
| 2019 | 3.04% | 1.60% |
| 2018 | 3.03% | 0.00% |
| 2017 | 1.83% | 0.00% |
| 2016 | 1.48% | 38.91% |
| 2015 | 1.58% | 11.70% |
| 2014 | 3.20% | 0.13% |
| 2013 | 4.10% | 0.00% |
| 2012 | 2.02% | 4.92% |
| 2011 | 1.17% | 2.36% |
| 2010 | 0.99% | 0.00% |
| 2009 | 3.74% | 0.00% |
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