The Globe and Mail reports in its Tuesday edition that if your portfolio is making you queasy, you may want to make some derisking moves. The Globe's regular guest columnist Gordon Pape recommends the iShares S&P/TSX Global Gold Index ETF. This ETF tracks the performance of the index of the same name, less expenses. It invests in mining and royalty stocks, rather than bullion itself. Stock markets have done well this year. Gold has done better. This ETF is ahead 112 per cent year-to-date. Gold is a safe-haven asset. If we experience a severe market correction, demand for the precious metal should continue. The fund was started in March, 2001, and has $3.5-billion in assets. The management expense ratio is 0.6 per cent. Payments are made semiannually and they vary. The June payout was 14.3 cents a unit. Over the past 12 months, investors have received distributions totalling about 24 cents, for a yield of 0.5 per cent. Gold has had a strong year but if stock markets crack there could be more profits to come. If you prefer the metal to the miners, choose Gold Finder Resources instead.