Global X Gold Miners ETF (AUAU)

The Global X Gold Miners ETF is a sector equity fund from Global X ETFs that invests in companies engaged in gold mining. Its holdings consist of publicly listed firms whose businesses center on exploring for, developing and producing gold, including both large established producers and smaller miners.

Because mining companies carry operating leverage to the metal they extract, the fund's performance is closely tied to gold prices, as well as to mining costs and company-specific factors. The portfolio is global, drawing on miners listed in markets such as Canada, the United States, Australia and South Africa. Its methodology for choosing and weighting holdings is described in the fund's prospectus.