Gold ETF’s
There are 4 gold ETF’s worth considering: GLD, IAU, GLDM, and SGOL. GLD is the oldest, largest, and most liquid but charges a 0.40% expense ratio. IAU is the second largest and has a lower expense ratio at 0.25%. GLDM/SGOL have even lower expense ratios but aren’t as liquid. While the expense ratio of GLD is the highest of the 4, it has a lower avg spread so if you are actively trading, it may be cheaper.
| Symbol | Total Assets | Expense Ratio | Avg. Bid/Ask Spread (60 days) | Inception |
|---|---|---|---|---|
GLD |
$69.5B |
0.40% |
0.01% |
2004 |
IAU |
$31.2B |
0.25% |
0.05% |
2005 |
GLDM |
$3.9B |
0.18% |
0.05% |
2018 |
SGOL |
$2.6B |
0.17% |
0.05% |
2009 |
Updated 12/22/2020