The largest and most liquid gold ETF is the SPDR Gold Shares. It is the reference standard for investors seeking direct exposure to the price of the yellow metal. The only assets in the ETF are gold ingots, which it stores in guaranteed vaults. iShares Gold Trust Micro ETF (IAUM).
VettaFi. abdn Physical Gold Shares ETF (SGOL). Abrén. A gold ETF is an exchange-traded fund that seeks to track the price of gold, minus expenses.
Gold ETFs offer indirect exposure to movements in the price of gold without having to physically maintain the underlying asset. To achieve this goal, gold ETFs can track the price of gold ingots or invest in gold futures contracts. 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. For investors who expect gold to continue to rebound as the Fed's interest rate hikes decrease, three better-performing ETFs offer exposure to the precious metal, as one of the main gold indices rose 9% since the beginning of November.
The SPDR Gold MiniShares Trust is a lower-cost product launched by the same investment managers as the SPDR Gold Shares ETF. The advantage of owning an ETF from a gold mining company compared to a gold price ETF is that it can generate higher returns. Gold ETFs are exchange-traded funds that allow investors to be exposed to gold without having to directly buy, store and resell the precious metal. IAU, the second-largest gold ETF in the market, measured by assets under management, holds gold ingots that are found in vaults in London and New York.
The Aberdeen Standard Physical Gold Shares (SGOL) ETF is an exchange-traded fund that seeks to track the price of physical gold. Gold ETFs offer indirect exposure to the price of gold, so gold ETF shareholders do not take possession of the physical asset.