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The U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) offers actively managed exposure to miners and royalty/streaming companies with at least 50% revenue from precious metals. GOAU has outperformed the S&P 500 over the past decade, driven by rising precious metals prices and high profit margins among its holdings. Despite a low 0.94% yield, GOAU is positioned for further upside as gold prices are expected to benefit from ongoing monetary expansion and inflationary pressures.
U.S. Global Investors (NASDAQ:GROW) announced it will continue its monthly dividend payments, highlighting its positioning amid ongoing geopolitical...
Florida Gov. Ron DeSantis linked silver's historic surge past $103 to dollar instability, calling for a stable currency as March 2026 silver futures closed up 5.15% on Friday.
U.S. Global GO GOLD and Precious Metal Miners ETF offers exposure to gold miners and royalty companies, with higher sensitivity to rate changes than alternatives. GOAU's expense ratio is 0.6%, higher than GLD and SLV, but its royalty tilt may provide sharper exposure to rate-driven gold price movements. Gold's appeal is supported by inflation risks, potential shifts in USD reserve status, and underinvestment by retail investors in bullion ETFs.
U.S. Global GO GOLD and Precious Metal Miners ETF holds 34 precious metals producers and streamers and trades at an expensive 36x earnings multiple. The high fees and turnover are a concern. The mining sector is capital-intensive and cyclical, and has delivered poor long-term returns over the decades. While GOAU is better than other gold mining ETFs when it comes to business quality, it's still a high-valuation basket of below-average businesses.
The U.S. Global GO GOLD and Precious Metal Miners ETF has underperformed gold since December 2020 due to its exposure to other precious metals. Gold has experienced a parabolic rally, reaching over $3,200 per ounce, driven by global uncertainty and central banks' continued gold purchases. Despite gold's bullish trend, historical patterns suggest a correction is likely, especially given conflicting signals from the dollar index and interest rates.
Wall Street has exhibited wild swings in March. Despite the broad-based decline, a few corners of the stock market have outperformed.
For investors seeking momentum, U.S. Global GO GOLD and Precious Metal Miners ETF GOAU is probably on the radar. The fund just hit a 52-week high and has moved up 45.5% from its 52-week low of $16.93 per share.