AUAU: GLOBAL X GOLD MINERS ETF
ETF Education Report: GLOBAL X GOLD MINERS ETF (AUAU)
What this ETF is trying to do
The GLOBAL X GOLD MINERS ETF (ticker: AUAU) is an exchange-traded fund that focuses on companies involved in mining gold. Instead of owning physical gold bars, this ETF holds shares in various mining companies. According to the provided data, the fund holds 116 different assets.
Top Holdings
The following are the top holdings in this fund (note that this is a partial list):
• NEWMONT CORP: 12.67%
• AGNICO EAGLE MINES LTD: 9.80%
• BARRICK MINING CORP: 6.79%
• WHEATON PRECIOUS METALS CORP: 6.60%
• ANGLOGOLD ASHANTI PLC: 4.99%
• FRANCO-NEVADA CORP: 4.84%
• GOLD FIELDS LTD ADR: 3.70%
• KINROSS GOLD CORP: 3.27%
• ZIJIN MINING GROUP CO LTD CLASS H: 2.47%
• ROYAL GOLD INC: 2.10%
Please remember that holdings can change over time.
What the numbers show
As of October 6, 2026, the current price of one share is $37.65. When looking at how the fund has performed so far this year (Year-to-Date), we look at two different numbers:
• YTD Price Return: This is approximately 2.33%. This number only measures how much the share price has moved.
• YTD Total Return: This is approximately 3.05%. This number reflects the overall return, which includes both the share price movement and distributions.
Income and distribution explanation
This ETF pays out cash to investors, which is called a distribution. The distribution yield is approximately 0.61%. This means the cash paid out is about 0.61% of the ETF's price.
It is important to understand that a distribution yield is not the same as a total return. Also, the frequency for this ETF is described as "irregular" or "less frequent," with one payout recorded in the last 12 months.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). While a falling share price can sometimes be related to NAV changes, they are not the same thing. For this ETF, there is no severe erosion-risk flag. The erosion score is currently withheld because there is not enough verified price history available.
Pros
• The fund provides exposure to a wide variety of gold mining companies (116 total holdings).
• The YTD total return is positive at approximately 3.05%.
Cons
• The distribution yield is relatively low (approximately 0.61%).
• The income rating grade is a "D."
Beginner takeaway
When looking at an ETF like AUAU, it is helpful to distinguish between the share price and the total return. The price return tells you how the stock price moved, while the total return includes any cash distributions you received. Always remember that a high yield is not a guarantee of profit, and looking at the total return provides a more complete picture of performance.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NEWMONT CORP | NEM | 12.67% |
| 2 | AGNICO EAGLE MINES LTD | n/a | 9.80% |
| 3 | BARRICK MINING CORP | n/a | 6.79% |
| 4 | WHEATON PRECIOUS METALS CORP | n/a | 6.60% |
| 5 | ANGLOGOLD ASHANTI PLC | AU | 4.99% |
| 6 | FRANCO-NEVADA CORP | n/a | 4.84% |
| 7 | GOLD FIELDS LTD ADR | GFI | 3.70% |
| 8 | KINROSS GOLD CORP | n/a | 3.27% |
| 9 | ZIJIN MINING GROUP CO LTD CLASS H | n/a | 2.47% |
| 10 | ROYAL GOLD INC | RGLD | 2.10% |