The iShares Gold Trust Micro ETF, the GraniteShares Gold Trust and the Abdn Physical Gold Shares ETF are the highest-performing gold ETFs. All three funds performed better than the overall U.S. stock market and a key gold index over the past year. The only possession of these ETFs are physical gold bars, which can also be held in a Physical Gold IRA. They created this ETF for cost-conscious retail investors, so that they wouldn't lose market share to rivals such as iShares Gold Trust.
This gives investors greater exposure to the world's largest gold mining companies, making this ETF ideal for investors looking for quality rather than quantity. The advantage of owning a gold mining company ETF instead of a gold price ETF is that it can generate higher returns. This ETF invests directly in gold stored in a London vault and supervised by the ICBC Standard Bank, and its price should follow the spot price of the precious metal relatively closely. Overall, this gold ETF has done an excellent job of tracking the price of gold, with only a slightly lower return due to its expense ratio.
This gold ETF offers the same direct exposure to the price of gold, since it also has gold ingots, but at a lower cost. To get in on the action, the most effective approach for retail investors is to use exchange-traded funds (ETFs) with gold as the underlying asset. That makes it the best gold ETF for those who want to invest in mining companies as a way to play in the gold market. The following table includes expense data and other descriptive information for all US-based gold ETFs.
ETF issuers are ranked based on the 3-month aggregated fund flows of their ETFs with exposure to gold. Gold ETFs that represent physical equity are the most direct way to invest in gold through the stock market. ETF issuers are ranked based on their AUM weighted average expense ratios of their ETFs with exposure to gold. These seven gold ETFs offer investors numerous ways to play with metal, from direct exposure to angles related to stocks, at a low price.
The estimated income of an ETF issuer is calculated by adding the estimated revenues of the respective issuing ETFs with exposure to gold. Note that ETF database analysts often label ETFs as more than one type; for example, an inverse gold ETF can be labeled “reverse” and as “gold” and “commodity”. Investors in gold and gold exchange-traded funds (ETFs) haven't had much to brag about over the past year or so.
