In an article featuring the top smart beta ETFs so far in 2019, ETF Trends placed the U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) in the number one spot. As of September 4, GOAU was up an impressive 54.44 percent for the year. Smart beta investment products have grown in popularity in recent years as they can go beyond market capitalization weighting strategies. Ben Hernandez wrote that smart beta ETFs can “offer investors a different look as opposed to the run-of-the-mill passive index strategy.”
Smart beta investment products have grown in popularity in recent years as they can go beyond market capitalization weighting strategies. Ben Hernandez wrote that smart beta ETFs can “offer investors a different look as opposed to the run-of-the-mill passive index strategy.”
GOAU provides investors access to companies engaged in the production of precious metals through active or passive means. The fund tracks the U.S. Global GO GOLD and Precious Metal Mines Index (GOAUX), which places an emphasis on royalty companies and scores mining companies based on a variety of fundamental factors, in addition to market capitalization.
View GOAU’s full performance, holdings and more by clicking here.
Past performance does not guarantee future results. Please click here for standardized performance.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. The expense ratio is 0.60%.
U.S. Global Investors has authored and is responsible for the summary on this page. All opinions expressed and data provided are subject to change without notice. Opinions are not guaranteed and should not be considered investment advice. ETF Trends publisher Tom Lydon is on the board of U.S. Global Investors.
Smart beta refers to investment strategies that emphasize the use of alternative weighting schemes to traditional market capitalization based indices.