IAU

iShares Gold Trust
B

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

IAU Fund Description

The iShares Gold Trust tracks the gold spot price, less expenses and liabilities, using gold bars held in vaults around the world.

IAU Factset Analytics Insight

IAU is a low-cost option for investors seeking to hold physical gold. It is a very stable fund, with sizeable AUM and a grantor trust structure. The gold bars are held in vaults around the world, so those with very specific vaulting requirements should consider a fund like SGOL, which promises storage in a specific location. As with competitor GLD, investors should know that long-term gains have noteworthy tax liabilities, since IAU is considered a collectible.
Where IAU shines for buy-and-hold retail investors is its low expense ratio. Liquidity is strong as well, though traders needing maximum liquidity should consider GLD. At launch, shares of IAU corresponded to 1/100th of an ounce of gold (though this will decrease over time due to expenses), meaning that it takes more shares to reach the same exposure as a single share of GLD, a potential issue for investors paying per-share commissions. IAU has broad appeal and has earned a spot on our Analyst Pick list.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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IAU Top 10 Contracts

IAU Summary Data

BlackRock
iShares
01/21/05
Grantor Trust
0.25%
$9.83B
$109.15M
0.08%

IAU Portfolio Data

Physically Held
Physically Held
N/A
--

IAU Index Data

Gold Spot
Single Asset
Single Asset
Gold Spot

Related ETFs to IAU

GLD, SGOL, OUNZ, GLDW
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

IAU Portfolio Management

0.25%
-0.24%
0.37%
-0.32%

IAU Tax Exposures

28% / 39.6%
--
No

IAU Fund Structure

Grantor Trust
No
N/A
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS2,50012.61
5,20012.41
20,20012.40
20,20012.39
20,20012.38
BIDS20,20012.37
20,20012.36
20,20012.35
2,50012.16
----
LAST 10 TRADES
TIMEPRICESHARES
12:59:3012.38500
12:59:0912.38600
12:21:3212.3878
12:19:4112.38100
12:19:4112.381,500
12:19:4112.389,340
12:16:1112.39100
12:16:0612.389,800
12:15:2412.385,000
12:15:2412.3810,000
Bats BZX Real-time Quote - 13:10:38
Daily Spread
Premium/Discount
Volume

IAU Factset Analytics Block Liquidity

As of 11/22/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of IAU. IAU is rated a 5 out of 5.

IAU Tradability

8,885,628
$109.15M
7,674,537
$93.76M
0.08%
$0.01
0.08%
1.94% / -1.7%
None
100%
50,000
153.49
0.08%
--
8,895
$12.33
5

IAU Sector Breakdown

IAUSegment Benchmark
100.00% 100.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%

IAU Top 10 Targeted Commodity Weights

100.00%

IAU Tenor Strategy

IAU holds physical bullion. Prices will reflect the current spot market values.

IAU Performance Statistics

1
1
1
1
0%

IAU Rolling Strategy

Since IAU holds physical bullion rather than futures contracts, it does not have a roll strategy.