GOEX vs IHD

Comparison between GLOBAL X GOLD EXPLORERS ETF (GOEX, ETF) and Voya Emerging Markets High Dividend Equity Fund (IHD, ETF).

5-Year PerformanceGOEX has outperformed IHD, delivering a return of +16.9% compared to +10.1%

GOEX vs IHD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GOEX(ETF)	IHD(ETF)
Net Assets	$134M	$134M
Expense Ratio	0.65%	N/A
Max Drawdown	90.62%	77.82%
Sharpe Ratio	0.98	2.26
5Y Beta	0.81	0.64
5Y Dividends CAGR	12.41%	-0.14%

Net Assets

Winner

GOEX

$134M

IHD

$134M

Expense Ratio

GOEX

0.65%

IHD

N/A

Max Drawdown

GOEX

90.62%

Winner

IHD

77.82%

Sharpe Ratio

GOEX

0.98

Winner

IHD

2.26

5Y Beta

GOEX

0.81

Winner

IHD

0.64

5Y Dividends CAGR

Winner

GOEX

12.41%

IHD

-0.14%

GOEX vs IHD - Historical Returns

Returns include dividend reinvestment.

Period	GOEX	IHD
1 month	-11.57%	+8.18%
3 months	-27.01%	+23.65%
6 months	-4.99%	+31.82%
1 year	+48.55%	+51.84%
5 years(CAGR)	+16.85%	+10.12%
10 years(CAGR)	+12.49%	+11.94%
Max(CAGR)	+0.11%	+4.49%

GOEX

-11.57%

Winner

IHD

+8.18%

GOEX

-27.01%

Winner

IHD

+23.65%

GOEX

-4.99%

Winner

IHD

+31.82%

GOEX

+48.55%

Winner

IHD

+51.84%

5Y(CAGR)

Winner

GOEX

+16.85%

IHD

+10.12%

10Y(CAGR)

Winner

GOEX

+12.49%

IHD

+11.94%

Max(CAGR)

GOEX

+0.11%

Winner

IHD

+4.49%

GOEX vs IHD - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	GOEX	IHD
2026	-11.91%	+27.41%
2025	+166.88%	+38.14%
2024	+21.66%	+8.90%
2023	-1.01%	+12.99%
2022	-13.34%	-17.91%
2021	-20.10%	+7.09%
2020	+35.15%	+0.64%
2019	+35.28%	+20.16%
2018	-16.42%	-11.36%
2017	+9.64%	+28.27%
2016	+72.97%	+17.18%
2015	-12.97%	-19.00%
2014	-12.18%	-2.10%
2013	-63.77%	-14.40%
2012	-31.44%	+22.18%
2011	-41.71%	-28.91%
2010	+14.53%	N/A

GOEX vs IHD Drawdown Comparison

The maximum drawdown for GOEX was -88.82%, occurring on Jul 23, 2015. Recovery took 3697 trading sessions.

The maximum drawdown for IHD was -48.76%, occurring on Jan 20, 2016. Recovery took 2432 trading sessions.

The current GOEX drawdown is -35.52%. The current IHD drawdown is -2.37%.

Rank	GOEX	IHD
#1	-88.82% Apr 8, 2011 - Dec 19, 2025	-48.76% May 10, 2011 - Jan 7, 2021
#2	-35.52% Mar 2, 2026 - Jun 5, 2026	-36.21% Jun 10, 2021 - May 13, 2025
#3	-19.44% Jan 28, 2026 - Feb 26, 2026	-11.14% Feb 20, 2026 - Apr 14, 2026
#4	-15.09% Dec 31, 2010 - Apr 8, 2011	-7.77% Jan 20, 2021 - Feb 11, 2021
#5	-10.10% Nov 8, 2010 - Nov 30, 2010	-6.77% Feb 19, 2021 - May 7, 2021
#6	-7.40% Dec 26, 2025 - Jan 6, 2026	-6.16% Oct 27, 2025 - Dec 26, 2025
#7	-5.20% Dec 6, 2010 - Dec 28, 2010	-5.15% Oct 7, 2025 - Oct 27, 2025
#8	-1.91% Jan 6, 2026 - Jan 12, 2026	-4.17% May 11, 2026 - May 26, 2026
#9	-1.65% Dec 23, 2025 - Dec 26, 2025	-3.08% May 7, 2021 - May 20, 2021
#10	-1.64% Dec 28, 2010 - Dec 31, 2010	-2.50% Jan 28, 2026 - Feb 9, 2026
#11	-1.24% Jan 20, 2026 - Jan 22, 2026	-2.37% Jun 3, 2026 - Jun 5, 2026
#12	-0.59% Jan 15, 2026 - Jan 20, 2026	-1.93% Jul 23, 2025 - Aug 7, 2025
#13	N/A	-1.79% Apr 22, 2026 - May 4, 2026
#14	N/A	-1.72% Jun 11, 2025 - Jun 24, 2025
#15	N/A	-1.69% Jul 3, 2025 - Jul 23, 2025

Correlation

Correlation between GOEX and IHD is 0.72 which considered as a strong positive correlation - the stocks tend to move together.

0.72

-101

Dividend Comparison (2011 - 2026)

GOEX vs IHD dividend yield comparison.

Year	GOEX	IHD
2026	0.00%	3.51%
2025	2.08%	10.53%
2024	2.46%	12.57%
2023	0.05%	10.21%
2022	1.04%	13.95%
2021	2.35%	10.14%
2020	2.62%	9.92%
2019	1.60%	9.14%
2018	0.00%	10.15%
2017	0.00%	8.31%
2016	38.91%	11.74%
2015	11.70%	14.00%
2014	0.13%	11.12%
2013	0.00%	11.03%
2012	4.92%	10.39%
2011	2.36%	9.18%