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TMET vs GOEX

iShares Strategic Metals ETF vs Global X Gold Explorers ETF

TMET

iShares Strategic Metals ETF

Annual cost

0.47%

Fund size

$28M

GOEX

Global X Gold Explorers ETF

Annual cost

0.65%

Fund size

$134M

Key differences

  • TMET costs 0.18% less per year.
  • GOEX is significantly larger than TMET — larger funds tend to be more liquid and less likely to close.
  • TMET is classified as alternative, while GOEX is equity — different risk/return profiles.
  • GOEX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TMETGOEX
Annual cost (TER)0.47%0.65%
Fund size (AUM)$28M$134M
Since20232010
Dividend yield13.56%2.05%
Asset classalternativeequity
Region
Strategyindex trackingindex tracking
CAGR 1Y+61.9%+87.1%
CAGR 3YN/A+49.2%
CAGR 5YN/A+20.2%
Sharpe 3YN/A1.11
Volatility 1Y30.64%49.23%
Max drawdown-22.20%-53.66%

Similar to TMET and GOEX