GOEX vs VYM
Global X Gold Explorers ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. GOEX delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | GOEX | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.04% | |
| AUM | $108M | $79.0B | |
| Dividend Yield | 2.55% | 2.86% | |
| Holdings | 55 | 568 | |
| YTD Return | +6.54% | +16.16% | |
| 1Y Return | +79.27% | +26.05% | |
| 3Y Return (annualized) | +55.32% | +18.43% | |
| 5Y Return (annualized) | +26.00% | +12.21% | |
| Volatility (annualized) | 44.5% | 14.6% | |
| Max Drawdown | -90.6% | -58.8% | |
| Fund Family | Global X by mirae Asset | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 3, 2010 | Nov 10, 2006 |
GOEX vs VYM Performance
Global X Gold Explorers ETF (GOEX) is a ETF from Global X by mirae Asset and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year GOEX returned +79.27% while VYM returned +26.05%. Year to date, GOEX is up 6.54% versus a gain of 16.16% for VYM.
Over three years, GOEX compounded at +55.32% per year against +18.43% for VYM; over five years the annualized figures are +26.00% and +12.21% respectively. Across the full 16-year window we track, VYM has the edge at +7.09% annualized vs -2.28%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GOEX has been the more volatile fund, with annualized monthly volatility of 44.5% compared with 14.6% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -90.6% for GOEX and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.27. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GOEX charges 0.65% per year while VYM charges 0.04%. On a $10,000 position that is $65 vs $4 annually, a gap of $61 per year that compounds over a long holding period. On income, GOEX currently yields 2.55% against 2.86% for VYM.
Holdings Overlap
GOEX and VYM share 0 holdings out of 610 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GOEX or VYM?
GOEX has an expense ratio of 0.65% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $61 per year of difference.
Which performed better, GOEX or VYM?
Over the past year GOEX returned +79.27% vs +26.05% for VYM, so GOEX leads on 1-year performance. Over the longest common window we track (16 years), GOEX annualized -2.28% vs +7.09% for VYM. Past performance does not guarantee future results.
Which is riskier, GOEX or VYM?
GOEX has been the more volatile fund at 44.5% annualized versus 14.6% for VYM. Worst drawdown: GOEX -90.6% vs VYM -58.8%.
Should I hold both GOEX and VYM?
GOEX and VYM have a monthly-return correlation of 0.27, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GOEX and VYM?
GOEX and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 610 unique securities.
Which pays a higher dividend, GOEX or VYM?
GOEX yields 2.55% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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