SPDR Gold Shares ETF (GLD)

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SPDR Gold Shares ETF (GLD) is an exchange traded fund investing in gold. SPDR Gold Shares (GLD) offer investors an innovative, relatively cost efficient and secure way to access the gold market.

This commodity ETF is originally listed on the New York Stock Exchange in November of 2004. It is traded on NYSE Arca since December 13, 2007. SPDR Gold Shares is the largest physically backed gold exchange traded fund (ETF) in the world.

GLD Fund Profile

    SPDR Gold Shares ETF
  • Fund Inception Date: 11/18/2004
  • Ticker Symbol: GLD
  • CUSIP: 78463V107
  • Rank in category (YTD): 23%
  • Category: Commodities Precious Metals
  • Yield: 0.00%
  • Capital Gains: -
  • Expense Ratio: 0.40%
  • Total Assets: $ 34.49 billion
  • Annual Turnover Rate: 0%
updated May 2017

SPDR Gold Shares Information

This precious metals ETF has no yield. The current expense ratio fee is 0.40% per year. The trust holds gold, and is expected to issue baskets in exchange for deposits of gold, and to distribute gold in connection with redemption of baskets.
The total net assets are $28.46 billion.

Morningstar hasn’t ranked this ETF yet. In 2014, the year to date return is -3.45%. This SPDR Gold Shares ETF has returned -10.84% over the past 3 year, 1.26% over the past 5 year, and 10.51% over the past 10 year. This gold fund performance for the past 5 years:
YearReturn
2013-28.33%
2014-2.19%
2015-10.67%
20168.03%
201710.18% (YTD)
The top holding in this ETF is Physical Gold Bullion (100%). This ETF is available to many investors around the world such as USA, Mexico, Singapore, Japan, and Hong Kong.

More: Best Performing Gold Mutual Funds 2014

Pros:
  • Using this ETF, investor can invest in gold bullion easily.
  • SPDR Gold Shares can be used as an alternative option to invest in gold commodity.
Cons:
  • Cost is a bit expensive

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