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Gold ETF - SPDR vs iSHARE
Folks,
The Expense Ratio of "SPDR Gold Shares" (GLD) and "iShares Gold Trust" (IAU) are 0.40% and 0.25% respectively. What are the reason(s) that we should consider investing in GLD, even though it is more expensive?
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Billy
19 Jul 2021
Development & Acquisitions Manager at Real Estate Private Equity
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Chris
19 Jul 2021
Owner and Writer at Tortoisemoney.com
I think if you really want a reason, I guess GLD has a higher volume, which makes it better for traders. But for long term holders, since both are backed by physical gold (as opposed to gold derivatives), IAU presents the better value proposition with their lower expense ratio.
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CommonSense Investor
19 Jul 2021
Certified Professional at Biotechnology and Gene Therapy Industry
Gold has been used since the beginning of civilization and has remained as a strong currency hedge a...
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Hi Andy, Chris is spot on when he mentioned higher volume of GLD which might prove to be a more liquid counter for traders.
GLD
Issuer - State Street Global Advisors
Avg Daily Volume - $1.46B
Total AUM - $60.62B
Expense Ratio - 0.40%
IAU
Issuer - Blackrock
Avg Daily Volume - $399.98M
Total AUM - $29.12B
Expense Ratio - 0.25%
"Between the two ETFs, IAU’s 5-year return (7.08%) is higher than GLD’s (6.88%)."
Stats obtained from - https://www.etf.com/etfanalytics/etf-comparison...