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Which Gold Miner ETF Has The Highest Correlation To Gold?Stoyan Bojinov • Thu, May 31, 2012
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There are no Focus articles on PSAU.
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Which Gold Miner ETF Has The Highest Correlation To Gold?Stoyan Bojinov • Thu, May 31, 2012
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at MarketWatch.com (Aug 18, 2010)
PSAU vs. ETF Alternatives
PSAU Description
The PowerShares Global Gold and Precious Metals Portfolio (Fund) is based on the NASDAQ OMX Global Gold and Precious Metals IndexSM (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and ADRs and GDRs based on the securities in the Index. The Index is designed to measure the overall performance of globally traded securities of the largest and most liquid companies involved in gold and other precious metals mining-related activities. The Index is rebalanced quarterly using a modified, market-cap-weighted methodology.
See more details on sponsor's website
See more details on sponsor's website
Sector: Basic Materials
Key Info
- In Your Portfolio: A Guide to Sector ETFs, A Guide to Commodity ETFs and ETNs
- Asset Class Performance: Commodities
