AAAU

Goldman Sachs Physical Gold ETF Shares

$40.34

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Goldman Sachs Physical Gold ETF (AAAU) seeks to track the performance of the price of gold bullion.

Overview

ETF tracking Goldman Sachs Physical Gold ETF Shares

Category Commodities

Issuer Other

Inception Date 2022-02-03

Market Cap $2.1B

Average Volume N/A

Dividend Yield N/A

52-Week Range $25.33 - $43.23

VWAP $40.30

Performance

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Investment Summary

📎 Investment Objective

The Goldman Sachs Physical Gold ETF (AAAU) seeks to track the performance of the price of gold bullion.

🎯 Investment Strategy

The ETF invests in physical gold bullion and aims to provide investors with a cost-effective way to gain exposure to the gold market. It does not engage in any gold lending or futures contracts.

✨ Key Features

Physically-backed by allocated gold bullion stored in secure vaults
Low expense ratio of 0.00%
Trades on the NYSE Arca exchange
Provides direct exposure to the spot price of gold

⚠️ Primary Risks

Fluctuations in the price of gold can lead to volatility in the ETF's net asset value
Potential for storage and insurance costs to increase over time
Lack of a performance history makes it difficult to evaluate long-term returns
Limited trading volume could impact liquidity and bid-ask spreads

👤 Best For

This ETF may be suitable for investors seeking a simple, cost-effective way to gain exposure to the gold market as part of a diversified portfolio. It may be of particular interest to those with a long-term investment horizon who believe in gold as a hedge against inflation or market uncertainty.