Snapshot*
Top 10 Holdings
What is GOAU?
The U.S. Global GO GOLD and Precious Metal Miners ETF (NYSE Arca: GOAU) provides investors access to companies engaged in the production of precious metals either through active (mining or production) or passive (owning royalties or production streams) means. The Index is composed of the exchange-listed common stock (or American Depositary Receipts ( ADRs )) of U.S. and international (including emerging markets) companies that earn at least 50 percent of their aggregate revenue from precious metals ( Precious Metals Companies ). Precious metals consist of gold, silver, platinum, and palladium. The Index may include small-, mid-, and large-capitalization companies.
GOAUPerformance Measures**
for the time period Jun 28, 2017 to Jul 16, 2026
1M Trailing Return: -16.5%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: -25.0%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -52.9%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 35.8%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 0.55
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: 0.27
The annualized return divided by the max drawdown for the selected time period.
ETFs related toGOAU
ETFs correlated to GOAU include NUGT, GDX, GDXU
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Trading Strategies
Related toGOAU
Global Sectors
Category
Global sector rotation, trend-following + RSI, leveraged ETFs, defensive fallback, daily rebalance
OOS Cumulative Return
39.12%
Compound 4
Category
Tactical multi-asset, volatility trading, leveraged ETFs, momentum and mean reversion, risk-on/risk-off, daily rebalanced
OOS Cumulative Return
-0.99%
Create your own algorithmic trading strategy with GOAU using Composer
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.