GOAU vs SLVP

GOAUCU.S. Global GO GOLD and Precious Metal Miners ETF

SLVPBiShares MSCI Global Silver and Metals Miners ETF

In short

GOAU Most gold-miner funds just own the diggers. GOAU's index also makes room for royalty and streaming companies, the ones that collect a cut of production without running the mine, in a concentrated lineup of about 30 names.

SLVP About 40 global silver and metals miners in one ticker, priced below the typical precious-metals miner fund. Running since 2012, and read the 'metals miners' part of the name: the index reaches past pure silver plays.

Stated mandate

GOAU The fund tracks the U.S. Global Go Gold and Precious Metal Miners Index, which targets globally listed precious-metals companies primarily engaged in mining, production, royalties, or production streams.

SLVP The fund is designed to follow an index of worldwide companies whose principal business is silver exploration or metals mining.

Why people hold it

• GOAU The mandate reaches past pure miners: royalty and production-stream companies sit alongside producers, so the basket includes the toll-collectors of the gold business.
• About 30 holdings, so the screens actually show up in the portfolio instead of getting diluted into a whole-sector basket.
• Does what the label says, staying closely aligned with the U.S. Global Go Gold and Precious Metal Miners Index it is built to track.
• Live since 2017, so there is a real multi-year record behind it rather than a fresh launch and a backtest.

• SLVP 0.39% a year undercuts the 0.52% median for precious-metals miner funds, and matches the fee on the iShares gold-miner sibling, RING.
• Global mandate, not a US-listing screen: the MSCI ACWI Select Silver Miners IMI covers worldwide companies whose principal business is silver exploration or metals mining.
• Trading since 2012, one of the longer-running silver miner funds on the shelf, and it stands among the stronger implementations in its precious-metals mining peer group.

Worth knowing

• GOAU At 0.60% a year it runs above the peer-group median, and broader options like RING (0.39%) and GDX (0.51%) charge less for miner exposure.
• Thinly traded with a modest asset base, so trading costs can run wider than at the household-name miner funds.
• Concentration cuts both ways: with roughly 30 miners, one company's news lands harder here than in a sprawling sector index.

• SLVP Roughly 40 stocks, so individual miners carry real weight and the whole basket keys off one metal's fortunes.
• "And Metals Miners" is doing work in the name: the mandate covers silver exploration or metals mining, so diversified miners can sit beside pure silver plays.
• Not the cheapest silver miner ticket: AGMI lists at 0.35%, though it lacks SLVP's record back to 2012.

Full GOAU profile⁠

Full SLVP profile⁠