A side-by-side comparison of Global X Enhanced Income Gold Producers Common Class (HEP) and Global X Gold Producers Index ETF (GLDX) to help Canadian investors make an informed decision.
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1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | HEP | GLDX |
|---|---|---|
| YTD Return | -7.60% | +2.99%✓ |
| 1-Day Change | -7.60% | +0.25%✓ |
| 1-Week Change | +67.06%✓ | -1.44% |
| 1-Month Change | — | +2.19% |
| Current Price | $60.16 | $51.33 |
| AUM | $609M✓ | $232M |
| MER (Expense Ratio) | 0.81% | — |
| Dividend Yield | 6.82%✓ | 0.96% |
| Distribution Frequency | Monthly | Annually |
| Inception Date | 2011-04-11 | 2024-11-06 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | ★★★ | — |
| Category | Precious Metals Equity | Precious Metals Equity |
| Beta | 0.96 | 0.00 |
| 52-Week High | $72.49 | $67.92 |
| 52-Week Low | $34.92 | $27.43 |
| 50-Day MA | $23.67 | $53.35 |
| 200-Day MA | $27.50 | $50.19 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | HEP | GLDX |
|---|---|---|
| YTD | -7.60% | +2.99%✓ |
| 1 Year | +76.10% | +88.95%✓ |
| 3 Year | +43.67% | — |
| 5 Year | +22.31% | — |
| 10 Year | +16.07% | — |
| 1Y Volatility | 41.28% | 47.44% |
| Sharpe Ratio (3Y) | 1.15 | — |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | OR | OR Royalties Inc. | 9.71% |
| 2 | FNV | Franco-Nevada Corporation | 8.65% |
| 3 | NEM | Newmont Goldcorp Corp | 8.43% |
| 4 | RGLD | Royal Gold Inc | 7.90% |
| 5 | WPM | Wheaton Precious Metals Corp | 7.53% |
| 6 | PAAS | Pan American Silver Corp | 7.41% |
| 7 | EDV | Endeavour Mining Corp | 7.26% |
| 8 | KL | Kirkland Lake Gold Ltd | 6.60% |
| 9 | AEM | Agnico Eagle Mines Limited | 6.37% |
| 10 | YRI | Yamana Gold Inc | 6.18% |
| 1 | NEM | Newmont Goldcorp Corp | 11.12% |
| 2 | AU | AngloGold Ashanti plc | 10.08% |
| 3 | ABX | Barrick Gold Corp | 10.03% |
| 4 | AEM | Agnico Eagle Mines Limited | 9.78% |
| 5 | GFI | Gold Fields Ltd ADR | 9.54% |
| 6 | K | Kinross Gold Corp | 9.48% |
| 7 | PAAS | Pan American Silver Corp | 5.76% |
| 8 | CDE | Coeur Mining Inc | 4.85% |
| 9 | AGI | Alamos Gold Inc | 4.37% |
| 10 | LUG | Lundin Gold Inc | 4.24% |
Sector Weights
| Sector | HEP | GLDX |
|---|---|---|
| Basic Materials | 100.00% | 100.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About HEP
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About GLDX
Global X Gold Producers Index ETF (GLDX.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
Which ETF is Right for You?
Both HEP and GLDX are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, HEP scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between HEP and GLDX?
HEP (Global X Enhanced Income Gold Producers Common Class) and GLDX (Global X Gold Producers Index ETF) are both Canadian-listed ETFs. Key differences include their AUM ($609M vs $232M), dividend yield (6.82% vs 0.96%), and year-to-date performance (-7.60% vs +2.99%).
Is HEP better than GLDX?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy HEP and GLDX on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both HEP and GLDX should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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