Commodities: Precious Metals Gold

OUNZ Top Performer Intra-day
Price $11.82
Today’s Change 0.36%
10:07am 09/24/2018
GLDW Bottom Performer Intra-day
Price $114.82
Today’s Change -4.26%
9:31am 09/24/2018

ETF.com Insight

With 12 ETFs and over $40.49B in combined AUM, the Commodities: Precious Metals Gold segment provides exposure to the Global space with a focus on Gold securities.

Year-to-date, the best-performing ETF in the segment is the SPDR Long Dollar Gold Trust (GLDW), with a total return of -4.37%. Meanwhile, the most popular ETF is the SPDR Gold Trust (GLD) with $28.64BB in assets under management.

Investors should take a look at the iShares Gold Trust (IAU). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. The iShares Gold Trust tracks the gold spot price, less expenses and liabilities, using gold bars held in vaults around the world. IAU has an expense ratio of 0.25% and tracks the Gold Spot.

Performance Dispersion

ETF.com Efficiency Insight

The average efficiency score in the Commodities: Precious Metals Gold segment is 79 out of 100, with the Credit Suisse X-Links Gold Shares Covered Call ETN(GLDI) obtaining the highest rating of 79 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.37% per year, with the SPDR Gold MiniShares Trust (GLDM) having the lowest expense ratio, charging investors 0.18% yearly.

Investors should look for funds with tight tracking, such as the Credit Suisse X-Links Gold Shares Covered Call ETN (GLDI), with a 12-month median tracking difference of -0.66%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Commodities: Precious Metals Gold segment is 77 out of 100, with the SPDR Gold Trust(GLD) obtaining the highest rating of 100 out of 100.

The SPDR Gold Trust (GLD) is the undisputed segment leader when it comes to liquidity. The fund trades 645.83M in daily average volume. Investors should also find ample liquidity in the iShares Gold Trust (IAU), with $127.87M in daily dollar volume.

Use limit orders to trade funds such as the ETRACS UBS Bloomberg CMCI Gold Total Return ETN(UBG), due to their double-digit market spreads.

ETF.com/ Block Liquidity

GLD
5
4
3
2
1
SGOL
5
4
3
2
1
IAU
5
4
3
2
1
DGL
5
4
3
2
1
OUNZ
5
4
3
2
1
GLDW
5
4
3
2
1
GLDI
5
4
3
2
1
UBG
5
4
3
2
1
BAR
5
4
3
2
1
IAUF
5
4
3
2
1
GLDM
5
4
3
2
1
AAAU
5
4
3
2
1
This measurement shows how easy it is to trade 25,000 shares of each ETF.

ETF.com Fit Insight

The Gold Spot has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.

Investors trying to match a broad market exposure should pay attention to . This fund obtains a high Fit score and investors should capture market-like returns.

Other funds diverge from the market, by nature of their investment mandates; for example, follows a strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology