GOAU vs. UNWPX

Last updated Apr 2, 2026

Compare and contrast key facts about US Global GO GOLD and Precious Metal Miners ETF (GOAU) and U.S. Global Investors World Precious Minerals Fund (UNWPX).

GOAU is a passively managed fund by US Global that tracks the performance of the U.S. Global GO GOLD and Precious Metal Miners Index. It was launched on Jun 27, 2017. UNWPX is managed by US Global. It was launched on Nov 26, 1985.

Performance

GOAU vs. UNWPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in US Global GO GOLD and Precious Metal Miners ETF (GOAU) and U.S. Global Investors World Precious Minerals Fund (UNWPX). The values are adjusted to include any dividend payments, if applicable.

GOAU vs. UNWPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GOAU US Global GO GOLD and Precious Metal Miners ETF	9.07%	126.68%	13.78%	10.67%	-11.66%	-9.23%	14.13%	54.17%	-11.88%	7.92%
UNWPX U.S. Global Investors World Precious Minerals Fund	-41.34%	136.32%	2.07%	-16.18%	-32.95%	-13.88%	70.83%	22.59%	-31.49%	-2.90%

Returns By Period

In the year-to-date period, GOAU achieves a 9.07% return, which is significantly higher than UNWPX's -41.34% return.

GOAU

• 1D: 4.64%
• 1M: -17.24%
• YTD: 9.07%
• 6M: 14.84%
• 1Y: 87.28%
• 3Y*: 39.02%
• 5Y*: 20.93%
• 10Y*: —

UNWPX

• 1D: -37.54%
• 1M: -53.72%
• YTD: -41.34%
• 6M: -32.73%
• 1Y: 13.36%
• 3Y*: 4.27%
• 5Y*: -6.38%
• 10Y*: 1.70%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GOAU vs. UNWPX - Expense Ratio Comparison

GOAU has a 0.60% expense ratio, which is lower than UNWPX's 1.53% expense ratio.

UNWPX

U.S. Global Investors World Precious Minerals Fund

GOAU

US Global GO GOLD and Precious Metal Miners ETF

Return for Risk

GOAU vs. UNWPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GOAU

GOAU Risk / Return Rank: 83
GOAU Sharpe Ratio Rank: 87
GOAU Sortino Ratio Rank: 81
GOAU Omega Ratio Rank: 79
GOAU Calmar Ratio Rank: 86
GOAU Martin Ratio Rank: 81

UNWPX

UNWPX Risk / Return Rank: 12
UNWPX Sharpe Ratio Rank: 8
UNWPX Sortino Ratio Rank: 11
UNWPX Omega Ratio Rank: 18
UNWPX Calmar Ratio Rank: 9
UNWPX Martin Ratio Rank: 14

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GOAU vs. UNWPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for US Global GO GOLD and Precious Metal Miners ETF (GOAU) and U.S. Global Investors World Precious Minerals Fund (UNWPX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	GOAU	UNWPX	Difference
Sharpe ratio Return per unit of total volatility	1.88	0.25	+1.63
Sortino ratio Return per unit of downside risk	2.17	0.64	+1.53
Omega ratio Gain probability vs. loss probability	1.32	1.13	+0.19
Calmar ratio Return relative to maximum drawdown	2.78	0.26	+2.52
Martin ratio Return relative to average drawdown	9.55	1.77	+7.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GOAU vs. UNWPX - Sharpe Ratio Comparison

The current GOAU Sharpe Ratio is 1.88, which is higher than the UNWPX Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of GOAU and UNWPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GOAU	UNWPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.88	0.25	+1.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	-0.19	+0.77
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.05	+0.45

Correlation

The correlation between GOAU and UNWPX is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

GOAU vs. UNWPX - Dividend Comparison

GOAU's dividend yield for the trailing twelve months is around 0.86%, less than UNWPX's 10.15% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GOAU US Global GO GOLD and Precious Metal Miners ETF	0.86%	0.94%	2.11%	0.99%	1.55%	1.28%	0.74%	0.16%	0.47%	0.27%	0.00%	0.00%
UNWPX U.S. Global Investors World Precious Minerals Fund	10.15%	5.95%	0.00%	0.00%	0.00%	71.74%	6.76%	0.00%	17.45%	28.55%	0.33%	9.84%

Drawdowns

GOAU vs. UNWPX - Drawdown Comparison

The maximum GOAU drawdown since its inception was -55.41%, smaller than the maximum UNWPX drawdown of -83.78%. Use the drawdown chart below to compare losses from any high point for GOAU and UNWPX.

Drawdown Indicators

	GOAU	UNWPX	Difference
Max Drawdown Largest peak-to-trough decline	-55.41%	-83.78%	+28.37%
Max Drawdown (1Y) Largest decline over 1 year	-31.15%	-53.72%	+22.57%
Max Drawdown (5Y) Largest decline over 5 years	-48.52%	-64.16%	+15.64%
Max Drawdown (10Y) Largest decline over 10 years	—	-69.19%	—
Current Drawdown Current decline from peak	-17.43%	-66.94%	+49.51%
Average Drawdown Average peak-to-trough decline	-18.77%	-49.57%	+30.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.06%	7.92%	+1.14%

Volatility

GOAU vs. UNWPX - Volatility Comparison

The current volatility for US Global GO GOLD and Precious Metal Miners ETF (GOAU) is 17.04%, while U.S. Global Investors World Precious Minerals Fund (UNWPX) has a volatility of 47.77%. This indicates that GOAU experiences smaller price fluctuations and is considered to be less risky than UNWPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOAU	UNWPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.04%	47.77%	-30.73%
Volatility (6M) Calculated over the trailing 6-month period	39.44%	57.55%	-18.11%
Volatility (1Y) Calculated over the trailing 1-year period	46.73%	54.52%	-7.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.96%	34.32%	+1.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.37%	32.29%	+3.08%