GOEX vs PXE
Comparison between GLOBAL X GOLD EXPLORERS ETF (GOEX, ETF) and INVESCO ENERGY EXPLORATION & PRODUCTION ETF (PXE, ETF).
5-Year PerformancePXE has outperformed GOEX, delivering a return of +17.8% compared to +16.9%
GOEX vs PXE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
GOEX
$134M
PXE
$134M
Expense Ratio
GOEX
0.65%
Winner
PXE
0.61%
Max Drawdown
GOEX
90.62%
Winner
PXE
86.34%
Sharpe Ratio
GOEX
0.98
Winner
PXE
1.14
5Y Beta
GOEX
0.81
Winner
PXE
0.77
P/E Ratio
GOEX
N/A
PXE
25.00
Forward P/E
GOEX
N/A
PXE
9.00
PEG Ratio
GOEX
N/A
PXE
-0.17
5Y Dividends CAGR
GOEX
12.41%
Winner
PXE
15.92%
P/S Ratio
GOEX
N/A
PXE
1.16
P/B Ratio
GOEX
N/A
PXE
1.60
GOEX vs PXE - Holdings Comparison
GOEX and PXE have 1 common holdings. Overlap is -0.02%
GOEX's top 25 holdings weight is 70.52%. PXE's top 25 holdings weight is 88.74%.
| Rank | GOEX | PXE |
|---|---|---|
| #1 | HECLA MINING CO (HL) - 5.20% | MARATHON PETROLEUM CORP (MPC) - 5.73% |
| #2 | COEUR MINING INC (CDE) - 4.26% | VALERO ENERGY CORP (VLO) - 5.47% |
| #3 | DPM METALS INC (DPMLF) - 4.00% | DIAMONDBACK ENERGY INC (FANG) - 5.10% |
| #4 | EQUINOX GOLD CORP ORDINARY SHARES CLASS A (n/a) - 3.86% | PHILLIPS 66 (PSX) - 5.08% |
| #5 | OCEANAGOLD CORP (n/a) - 3.81% | OCCIDENTAL PETROLEUM CORP (OXY) - 4.99% |
| #6 | ALAMOS GOLD INC CLASS A (n/a) - 3.76% | CONOCOPHILLIPS (COP) - 4.76% |
| #7 | ELDORADO GOLD CORP (n/a) - 3.47% | EQT CORP (EQT) - 4.34% |
| #8 | LUNDIN GOLD INC (LUGDF) - 3.44% | EXPAND ENERGY CORP ORDINARY SHARES NEW (EXE) - 4.13% |
| #9 | SSR MINING INC (n/a) - 3.36% | SM ENERGY CO (SM) - 3.48% |
| #10 | G MINING VENTURES CORP (GMINF) - 2.92% | HF SINCLAIR CORP (DINO) - 3.40% |
| #11 | PERSEUS MINING LTD (n/a) - 2.80% | PAR PACIFIC HOLDINGS INC (PARR) - 3.38% |
| #12 | GREATLAND RESOURCES LTD (n/a) - 2.66% | CHORD ENERGY CORP ORDINARY SHARES NEW (CHRD) - 3.24% |
| #13 | RAMELIUS RESOURCES LTD (n/a) - 2.46% | APA CORP (APA) - 3.22% |
| #14 | GENESIS MINERALS LTD (n/a) - 2.38% | CRESCENT ENERGY CO CLASS A (CRGY) - 2.96% |
| #15 | K92 MINING INC (n/a) - 2.37% | CALUMET INC (CLMT) - 2.86% |
| #16 | TOREX GOLD RESOURCES INC (n/a) - 2.29% | MURPHY OIL CORP (MUR) - 2.85% |
| #17 | CAPRICORN METALS LTD (n/a) - 2.17% | TALOS ENERGY INC ORDINARY SHARES (TALO) - 2.77% |
| #18 | DISCOVERY SILVER CORP (n/a) - 2.10% | OVINTIV INC (OVV) - 2.77% |
| #19 | ORLA MINING LTD (n/a) - 2.09% | PERMIAN RESOURCES CORP CLASS A (PR) - 2.72% |
| #20 | ARTEMIS GOLD INC ORDINARY SHARES (n/a) - 1.92% | MATADOR RESOURCES CO (MTDR) - 2.62% |
| #21 | ARIS MINING CORP (ARIS) - 1.91% | ANTERO RESOURCES CORP (AR) - 2.60% |
| #22 | WESTGOLD RESOURCES LTD (n/a) - 1.89% | CALIFORNIA RESOURCES CORP ORDINARY SHARES NEW (CRC) - 2.59% |
| #23 | CENTERRA GOLD INC (n/a) - 1.87% | DEVON ENERGY CORP (DVN) - 2.57% |
| #24 | REGIS RESOURCES LTD (n/a) - 1.83% | RANGE RESOURCES CORP (RRC) - 2.56% |
| #25 | PAN AFRICAN RESOURCES PLC (n/a) - 1.70% | MAGNOLIA OIL & GAS CORP CLASS A (MGY) - 2.55% |
| Total Holdings | 53 | 33 |
GOEX vs PXE - Historical Returns
Returns include dividend reinvestment.
1M
GOEX
-11.57%
Winner
PXE
-7.27%
3M
GOEX
-27.01%
Winner
PXE
+2.95%
6M
GOEX
-4.99%
Winner
PXE
+18.92%
1Y
Winner
GOEX
+48.55%
PXE
+37.16%
5Y(CAGR)
GOEX
+16.85%
Winner
PXE
+17.82%
10Y(CAGR)
Winner
GOEX
+12.49%
PXE
+8.15%
Max(CAGR)
GOEX
+0.11%
Winner
PXE
+6.16%
GOEX vs PXE - Annual Returns (2005 - 2026)
Returns include dividend reinvestment.
| Year | GOEX | PXE |
|---|---|---|
| 2026 | -11.91% | +27.52% |
| 2025 | +166.88% | -4.38% |
| 2024 | +21.66% | -2.40% |
| 2023 | -1.01% | +13.54% |
| 2022 | -13.34% | +51.36% |
| 2021 | -20.10% | +91.28% |
| 2020 | +35.15% | -36.28% |
| 2019 | +35.28% | -4.67% |
| 2018 | -16.42% | -24.75% |
| 2017 | +9.64% | -0.67% |
| 2016 | +72.97% | +13.29% |
| 2015 | -12.97% | -19.90% |
| 2014 | -12.18% | -17.40% |
| 2013 | -63.77% | +26.19% |
| 2012 | -31.44% | +18.11% |
| 2011 | -41.71% | -2.62% |
| 2010 | +14.53% | +34.32% |
| 2009 | N/A | +13.12% |
| 2008 | N/A | -45.42% |
| 2007 | N/A | +40.41% |
| 2006 | N/A | +7.89% |
| 2005 | N/A | +4.46% |
GOEX vs PXE Drawdown Comparison
The maximum drawdown for GOEX was -88.82%, occurring on Jul 23, 2015. Recovery took 3697 trading sessions.
The maximum drawdown for PXE was -83.99%, occurring on Mar 23, 2020. Recovery took 1997 trading sessions.
The current GOEX drawdown is -35.52%. The current PXE drawdown is -10.35%.
| Rank | GOEX | PXE |
|---|---|---|
| #1 | -88.82% Apr 8, 2011 - Dec 19, 2025 | -83.99% Jun 23, 2014 - May 26, 2022 |
| #2 | -35.52% Mar 2, 2026 - Jun 5, 2026 | -68.18% Jun 18, 2008 - Jan 29, 2013 |
| #3 | -19.44% Jan 28, 2026 - Feb 26, 2026 | -37.67% Apr 5, 2024 - Mar 12, 2026 |
| #4 | -15.09% Dec 31, 2010 - Apr 8, 2011 | -33.35% Jun 7, 2022 - Mar 18, 2024 |
| #5 | -10.10% Nov 8, 2010 - Nov 30, 2010 | -20.22% Apr 21, 2006 - Jul 31, 2006 |
| #6 | -7.40% Dec 26, 2025 - Jan 6, 2026 | -17.86% Dec 26, 2007 - Apr 9, 2008 |
| #7 | -5.20% Dec 6, 2010 - Dec 28, 2010 | -16.91% Aug 9, 2006 - Dec 5, 2006 |
| #8 | -1.91% Jan 6, 2026 - Jan 12, 2026 | -16.20% Jul 13, 2007 - Oct 16, 2007 |
| #9 | -1.65% Dec 23, 2025 - Dec 26, 2025 | -14.87% Jan 31, 2006 - Apr 19, 2006 |
| #10 | -1.64% Dec 28, 2010 - Dec 31, 2010 | -13.89% Mar 27, 2026 - Apr 17, 2026 |
| #11 | -1.24% Jan 20, 2026 - Jan 22, 2026 | -12.29% Dec 5, 2006 - Mar 22, 2007 |
| #12 | -0.59% Jan 15, 2026 - Jan 20, 2026 | -12.16% May 20, 2013 - Oct 16, 2013 |
| #13 | N/A | -10.93% Mar 12, 2013 - May 17, 2013 |
| #14 | N/A | -10.00% Nov 6, 2007 - Dec 21, 2007 |
| #15 | N/A | -9.55% Nov 3, 2005 - Dec 5, 2005 |
Correlation
Correlation between GOEX and PXE is 0.21 which considered as a very weak or no correlation - the stocks move independently of each other.
0.21
-101
Dividend Comparison (2005 - 2026)
GOEX vs PXE dividend yield comparison.
| Year | GOEX | PXE |
|---|---|---|
| 2026 | 0.00% | 0.28% |
| 2025 | 2.08% | 2.98% |
| 2024 | 2.46% | 2.54% |
| 2023 | 0.05% | 2.78% |
| 2022 | 1.04% | 3.03% |
| 2021 | 2.35% | 1.86% |
| 2020 | 2.62% | 4.10% |
| 2019 | 1.60% | 1.70% |
| 2018 | 0.00% | 1.29% |
| 2017 | 0.00% | 1.54% |
| 2016 | 38.91% | 6.62% |
| 2015 | 11.70% | 2.58% |
| 2014 | 0.13% | 2.05% |
| 2013 | 0.00% | 1.73% |
| 2012 | 4.92% | 2.14% |
| 2011 | 2.36% | 1.27% |
| 2010 | 0.00% | 0.52% |
| 2009 | 0.00% | 0.52% |
| 2008 | 0.00% | 0.56% |
| 2007 | 0.00% | 0.22% |
| 2006 | 0.00% | 0.34% |
| 2005 | 0.00% | 0.10% |
Select Stocks to Compare
Popular: GOEX vs SPYPXE vs SPY
More Comparisons
Compare with similar stocks