GOAU
U.S. Global GO GOLD and Precious Metal Miners ETF
The U.S. Global GO GOLD and Precious Metal Miners ETF tracks an index of 28 precious metal mining firms listed in the US, Canada, Australia, Hong Kong or South Africa. Holdings are selected by fundamental factors and weighted in fixed tiers.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
186.7 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Fund sponsor | US Global Investors |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 27, 2017 |
| Assets (mns) | $187 |
| Expense ratio | 60 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| FRANCO-NEVADA CORP | 9.2 % |
| OSISKO GOLD ROYALTIES LTD | 8.7 % |
| SILVER WHEATON CORP | 8.7 % |
| SILVERCORP METALS INC | 5.8 % |
| OCEANAGOLD CORP | 4.6 % |
| KINROSS GOLD CORP | 4.3 % |
| TRIPLE FLAG PRECIOUS METALS CORP. | 4.1 % |
| ORLA MINING LTD. | 4.0 % |
| SIBANYE GOLD- SPON ADR | 3.9 % |
| DRDGOLD LTD-SPONSORED ADR | 3.6 % |
Constituent Breakdown
| Number of holdings | 27 |
| Herfindahl-Hirschman Index | 484 |
| Wgt avg mkt cap (mns) | $15,978 |
| Large cap (>$10bn) | 41.0% |
| Mid cap ($2-10bn) | 37.9% |
| Small cap (<$2bn) | 10.8% |
| Developed mkts. | 80.2% |
| Emerging mkts. | 18.5% |
Country Exposure
 |
CANADA | 61.9 % |
 |
SOUTH AFRICA | 17.6 % |
 |
AUSTRALIA | 14.2 % |
 |
BRITAIN | 3.7 % |
 |
CHINA | 1.8 % |
Historical Performance
Standardized Performance (as of 11/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 123.7% | 100.8% | 58.0% | 39.4% | 16.0% | -- | -- | 16.1% |
| Dividend Yield | 0.0% | 4.2% | 2.4% | 2.1% | 1.5% | -- | -- | 1.0% |
| Total Returns | 123.7% | 105.0% | 60.4% | 41.5% | 17.5% | -- | -- | 17.1% | Ann. Volatility | 38.3% | 37.7% | 34.7% | 33.5% | 34.2% | -- | -- | 34.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.42 | 5% |
| MSCI EAFE | 0.93 | 17% |
| MSCI Emg Mkts | 0.86 | 16% |
Liquidity Measures
| Avg. volume (000) | 29 |
| ADV traded (mns) | $1 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.50% |
Technical Indicators
| 30d moving avg. (EMA) | $39.38 |
| Relative strength (RSI) | 56 |
| MACD/Signal | 0.87/0.62 |
| Bollinger Bands (Upper/Lower) | $42.74/$36.34 |
| Short interest (% of AUM) | 0.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. GOAU |
Expenses vs. GOAU |
ALTAR Score™ vs. GOAU |
|---|---|---|---|---|
| AUMI | Themes Gold Miners ETF | 23.2% | -25 bp | +3.3% |
| SGDM | Sprott Gold Miners ETF | 19.6% | -10 bp | +2.7% |
| SILJ | ETFMG Prime Junior Silver Miners ETF | 19.3% | +9 bp | +0.5% |
| GDX | VanEck Gold Miners ETF | 18.9% | -9 bp | +3.3% |
| GOEX | Global X Gold Explorers ETF | 17.1% | +5 bp | +2.2% |
| INFL | Horizon Kinetics Inflation Beneficiaries ETF | 16.8% | +25 bp | +3.4% |
| FFTY | Innovator IBD 50 ETF | 14.0% | +20 bp | -1.9% |
| AGMI | Themes Silver Miners ETF | 13.9% | -25 bp | +3.8% |
| GDXJ | VanEck Junior Gold Miners ETF | 12.5% | -8 bp | +3.2% |
| SLVP | iShares MSCI Global Silver Miners ETF | 12.1% | -21 bp | +4.4% |
Risk and Returns: GOAU vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/12/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
GOAU
2.8%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 1025 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.3%. GOAU's ALTAR Score™ is approximately
1.2 standard deviations
below
the category average. This places GOAU in the 12nd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
GOAUSELL
U/W
HOLD
O/W
BUY