HUI Gold Index

The NYSE Arca Gold BUGS Index is a modified equal dollar weighted index of companies involved in gold mining.

BUGS stands for Basket of Unhedged Gold Stocks.

The main difference between them is that the HUI Index takes into account only gold producer stocks whereas the XAU Index includes both gold and silver producers.

[3] Since bottoming in late 2000, HUI went on to be the top-performing US stock sector of the decade, rising by about 1600%.

[4] Adjustments are made quarterly after the close of trading on the third Friday of March, June, September, and December so that each component stock represents its assigned weight in the index.