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 | Median Bid/Ask Spread (30 days) | Inception |
|---|---|---|---|---|
GLD | $68.1B | 0.40% | 0.01% | 2004 |
IAU | $32.3B | 0.25% | 0.03% | 2005 |
GLDM | $5.0B | 0.10% | 0.03% | 2018 |
SGOL | $2.8B | 0.17% | 0.05% | 2009 |
Updated 3/13/2022