GOAUPossible Inverse Head and Shoulders. Bottoming pattern developing? - Gold Junior - early leader/early indicator of the PM version of the Battle of Kursk?
Key stats
About ETF SERIES SOLUTIONS
Home page
Inception date
Jun 27, 2017
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
US Global Investors, Inc. (Asset Management)
Distributor
Quasar Distributors LLC
GOAU provides an alternate take on the mining space by using fundamental analysis and complex tiered weighting. Unlike some competitors, the fund includes royalty and streaming companies, which provide capital to mining start-ups in exchange for a stake in the eventual production. GOAU starts by screening out mining firms that are financed primarily with debt. Miners in the top 10% by revenue per employee are deemed as priority firms. The index scores priority firms by revenue/employees, operating cash flow/employees, and gross margin, and other firms by operating cash flow/enterprise value. GOAU builds its portfolio by filling a fixed, four-tier bracket of 28 names, starting with the highest-scored priority companies and then moving down the list of other firms. Tier 1 contains three names, weighted at 10% each, which must be gold or silver miners directly listed in the US or Canada, with at least a $1 billion market cap. Requirements become less stringent with each succeeding tier.
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Stock breakdown by region
Top 10 holdings
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
GOAU net asset value is 27.88 today — it's fallen 1.94% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
GOAU assets under management is 119.42 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
See more dynamics on GOAU price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.94% over the last month, showed a 16.67% increase in three-month performance and has increased by 34.50% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.94% over the last month, showed a 16.67% increase in three-month performance and has increased by 34.50% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
GOAU invests in stocks. See more details in our Analysis section.
GOAU expense ratio is 0.60%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, GOAU isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, GOAU pays dividends to its holders with the dividend yield of 1.43%.
GOAU trades at a premium (2.86%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
GOAU shares are issued by U.S. Global Investors, Inc.
GOAU follows the US Glo. Go Gold and Precious Metals Min. (USD)(GR). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 27, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.