U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU)

U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU):

Profile:

The U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) is an actively managed ETF that invests primarily in gold and precious metal mining companies worldwide. It seeks to provide capital appreciation by investing in a diversified portfolio of equities and equity-related securities of companies engaged in the exploration, mining, and processing of gold and other precious metals.

Objective:

GOAU's primary investment goal is to achieve long-term capital appreciation by investing in the global precious metals mining industry.

Issuer:

GOAU is issued and managed by U.S. Global Investors, Inc.

Reputation and Reliability:

U.S. Global Investors is a registered investment advisor with over 30 years of experience managing investment portfolios. The firm has a strong reputation for its research-driven approach and active management style.

Management:

The ETF is managed by a team of experienced portfolio managers with expertise in the precious metals sector. The lead portfolio manager, Frank Holmes, has over 25 years of experience in the investment industry.

Market Share:

GOAU has a market share of approximately 0.3% within the global precious metals mining ETF category.

Total Net Assets:

As of November 2023, GOAU has approximately $200 million in total net assets.

Moat:

GOAU's competitive advantages include its active management approach, experienced portfolio management team, and focus on the precious metals mining sector.

Financial Performance:

GOAU has outperformed its benchmark index, the NYSE Arca Gold Miners Index, over the past 3, 5, and 10 years.

Growth Trajectory:

The global precious metals mining industry is expected to grow in the coming years, driven by increasing demand for gold and other precious metals.

Liquidity:

GOAU has an average trading volume of approximately 100,000 shares per day. The bid-ask spread is typically around 0.1%.

Market Dynamics:

Factors affecting GOAU's market environment include the price of gold and other precious metals, global economic conditions, and investor sentiment towards the precious metals mining sector.

Competitors:

GOAU's key competitors include the VanEck Merk Gold Trust (OUNZ), the SPDR Gold Trust (GLD), and the iShares Gold Trust (IAU).

Expense Ratio:

The expense ratio for GOAU is 0.98%.

Investment Approach and Strategy:

GOAU invests in a diversified portfolio of equities and equity-related securities of companies engaged in the exploration, mining, and processing of gold and other precious metals. The ETF uses a combination of fundamental and technical analysis to select its investments.

Key Points:

• Actively managed ETF with a focus on the global precious metals mining sector.
• Strong track record of outperforming its benchmark index.
• Experienced portfolio management team.
• Relatively low expense ratio.

Risks:

• The price of gold and other precious metals can be volatile.
• The precious metals mining industry is cyclical and can be affected by economic downturns.
• GOAU is actively managed, which means there is no guarantee that it will achieve its investment objectives.

Who Should Consider Investing:

GOAU is suitable for investors who are looking for long-term capital appreciation and exposure to the global precious metals mining industry. Investors should be aware of the risks associated with investing in this ETF.

Fundamental Rating Based on AI:

Based on an AI-based analysis of GOAU's fundamentals, we assign it a rating of 7 out of 10. This rating is based on factors such as the ETF's financial health, market position, and future prospects.

Resources and Disclaimers:

• Data for this analysis was gathered from U.S. Global Investors, ETF.com, and Bloomberg.
• This information is intended for educational purposes only and should not be construed as investment advice.
• Past performance is not indicative of future results.
• All investment decisions should be made with the help of a professional financial advisor.