U.S. Global GO GOLD and Precious Metal Miners ETF (NYSE Arca: GOAU) is an exchange-traded fund that provides investors with targeted exposure to companies engaged in the production of gold and other precious metals through active mining operations or passive means such as owning royalties and production streams; it tracks the U.S. Global GO GOLD and Precious Metal Miners Index (GOAUX), which selects and weights holdings based on fundamental factors including return on equity, price-to-earnings, and price-to-book value. The ETF's portfolio comprises approximately 27 equity holdings, with top positions including Franco-Nevada Corp. (9.44%), Wheaton Precious Metals Corp. (9.27%), OR Royalties Inc. (8.78%), Silvercorp Metals Inc. (5.13%), and OceanaGold Corp. (4.63%), alongside other gold miners, royalty firms, and streaming companies from countries including Canada, the United States, Australia, South Africa, and China; it maintains a weighted average market capitalization of $13.80 billion, an expense ratio of 0.60%, and net assets of $167.58 million as of November 2025. GOAU operates within the equity precious metals sector, targeting institutional and retail investors seeking materials-focused diversification with global reach, and its shares are listed on the NYSE Arca exchange while also available for trading in Mexico, Peru, and Colombia. Issued and managed by U.S. Global Investors, Inc., a San Antonio, Texas-based registered investment adviser founded in 1968 with expertise in natural resources and specialized sectors, the ETF was incepted on June 27, 2017. Recent developments include international listings for GOAU in Colombia in May 2025 and Mexico, enhancing accessibility for Latin American investors amid rising gold asset values; the parent company reported a rebound in profitability for fiscal first-quarter 2026 driven by gold-related investment income, alongside ongoing share repurchases totaling 784,466 shares in the prior 12 months under its renewed annual program. U.S. Global Investors continues to emphasize smart beta strategies in precious metals, with no major acquisitions or funding rounds announced for GOAU or its issuer in the last 1-2 years, though the firm maintains active portfolio adjustments and exposure to high-conviction holdings like OR Royalties and Dundee Precious Metals.