GOAU

US Global GO Gold and Precious Metal Miners ETF

$38.58

+0.00%

Market closed. Last update: 11:44 PM ET

📎 Investment Objective

The US Global GO Gold and Precious Metal Miners ETF (GOAU) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the US Global GO Gold and Precious Metal Miners Index.

Overview

ETF tracking US Global GO Gold and Precious Metal Miners ETF

Category Commodities

Issuer Other

Inception Date 2017-06-28

Market Cap $169.7M

Average Volume N/A

Dividend Yield 1.04%

52-Week Range $18.82 - $44.05

VWAP $38.46

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests at least 80% of its net assets in the constituent securities of the underlying index, which is designed to reflect the performance of companies engaged in the gold and precious metals mining industry. The index uses a quantitative, rules-based methodology to identify the top performing gold and precious metals mining stocks.

✨ Key Features

Provides exposure to gold and precious metals mining companies
Utilizes a quantitative, rules-based index methodology to select holdings
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific industry sector
Commodity price risk as the value of the fund is tied to the performance of gold and precious metals
Volatility risk as the mining sector can experience significant price swings
Lack of long-term performance history to evaluate the fund's consistency

👤 Best For

This ETF may be suitable for investors seeking exposure to the gold and precious metals mining industry as part of a diversified portfolio. However, due to the fund's limited track record and the inherent volatility of the mining sector, it is best suited for investors with a higher risk tolerance and a longer investment horizon.