Uncertainty has riled markets and fueled volatility, causing wide oscillations among equities. To help enhance and diversify a portfolio, investors can look to historically stabilizing assets such as gold.
On the upcoming webcast, Stock Market Fears Shine a Light on Gold, Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors, will weigh-in on the ongoing risks in the market and look to gold-related assets as a way to hedge against further uncertainty.
For instance, the U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEArca: GOAU) is a great way for investors to capture the gold mining space as the smart beta gold miner ETF has been outperforming.
So far this year, GOAU increased 7.9%, whereas the VanEck Vectors Gold Miners ETF (NYSEArca: GDX), the largest ETF dedicated to gold mining stocks, rose 4.2% and SPDR Gold Shares (NYSEArca: GLD), the largest physically backed gold-related ETF, added 2.3%. Meanwhile, the broader S&P 500 Index gained 5.4%.
GOAU’s smart beta indexing methodology may have helped the ETF outperform its peers as it focused on steady revenue streams and diminished risks that could have weighed on the value of other gold miners during the recent bout of weakness.
The U.S. Global GO GOLD and Precious Metal Miners ETF is a smart beta offering that tracks a specialized or rules-based index to help hone in on quality players in the gold mining space. The underlying U.S. Global GO GOLD and Precious Metal Miners Index uses quantitative analysis to pick stocks, with a particular focus on royalty companies.