Exchange-Traded Funds (ETFs) have become increasingly popular investment vehicles, offering a diverse range of options for investors to gain exposure to various sectors and asset classes. In this article, we will conduct a thorough comparison between two notable ETFs: GLTR (Aberdeen Standard Physical Precious Metals Basket Shares) and GOEX (Global X Gold Explorers ETF). We'll explore key aspects, including ETF tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking methods, and exposure.
GLTR and GOEX are distinct ETFs designed to provide exposure to different segments of the precious metals industry. GLTR offers a diversified basket of precious metals, including gold, silver, platinum, and palladium, while GOEX focuses on companies involved in gold exploration and mining. Understanding this fundamental difference in focus is essential for investors looking to allocate their capital effectively.
When considering GLTR's sectors and top holdings, you'll find a diversified mix of precious metals. The ETF holds physical bullion of gold, silver, platinum, and palladium, providing investors with direct exposure to these metals. On the other hand, GOEX primarily invests in companies engaged in gold exploration, with top holdings that include firms like Pan American Silver Corp. and Wheaton Precious Metals Corp. Evaluating the sectors and top holdings can help investors align their investment goals with their risk preferences.
GLTR overlap GLTR VS GOEX
GLTR boasts a substantial asset under management (AUM), reflecting its appeal to investors seeking diversified exposure to a basket of precious metals. Its strategy is centered on tracking the performance of these metals. GOEX, in contrast, focuses on gold exploration companies, aiming to capitalize on the potential growth in this sector. The variation in capitalization and strategy between these two ETFs leads to different return potentials and risk profiles, which investors should consider carefully when making investment decisions.
GLTR aims to provide investors with exposure to the price movements of the underlying precious metals, such as gold, silver, platinum, and palladium. This ETF physically holds the metals in its portfolio. In contrast, GOEX tracks an index of gold exploration companies, offering exposure to the performance of these firms. Understanding the tracking methods and exposure strategies of these ETFs is crucial for investors seeking to align their portfolios with specific market dynamics.
GLTR and GOEX are distinctive ETFs, each catering to different aspects of the precious metals industry. For investors looking to gain deeper insights into the holdings, correlations, overlaps, and various other details related to these ETFs and other financial instruments, ETF Insider stands as the ultimate tool. With its user-friendly app, it provides comprehensive information to aid in informed investment decisions.
Disclaimer: This article does not provide any investment advisory services.
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