Key stats
About iShares Gold Trust Micro Shares
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Inception date
Jun 15, 2021
Structure
Grantor Trust
Dividend treatment
Capitalizes
Distribution tax treatment
Return of capital
Income tax type
Collectibles
Max ST capital gains rate
39.60%
Max LT capital gains rate
28.00%
Primary advisor
iShares Delaware Trust Sponsor LLC
IAUM is an efficient way for investors to hold physical gold by providing exposure to the day-to-day movement of the price of gold bullion. The fund removes the complexities for retail investors of buying, transporting, storing, and insuring physical gold. Using a grantor trust structure, the underlying gold bars are held in vaults, with an inventory found on the fund website. Since IAUM is considered a collectible, investors should know that long-term gains have noteworthy tax liabilities. The daily NAV of the trust is based on that days LBMA Gold Price PM. The fund is a trades at a lower handle and launched with a lower expense ratio as compared to its larger sibling fund IAU.
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
IAUM trades at 32.79 USD today, its price has fallen −0.91% in the past 24 hours. Track more dynamics on IAUM price chart.
IAUM net asset value is 32.75 today — it's fallen 4.36% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
IAUM assets under management is 2.72 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
IAUM price has fallen by −4.54% over the last month, and its yearly performance shows a 36.17% increase. See more dynamics on IAUM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −4.36% over the last month, have fallen by −4.36% over the last month, showed a 11.90% increase in three-month performance and has increased by 35.20% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −4.36% over the last month, have fallen by −4.36% over the last month, showed a 11.90% increase in three-month performance and has increased by 35.20% in a year.
IAUM fund flows account for 988.68 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
IAUM expense ratio is 0.09%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, IAUM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, IAUM technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IAUM shows the buy signal. See more of IAUM technicals for a more comprehensive analysis.
Today, IAUM technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IAUM shows the buy signal. See more of IAUM technicals for a more comprehensive analysis.
No, IAUM doesn't pay dividends to its holders.
IAUM trades at a premium (0.13%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
IAUM shares are issued by BlackRock, Inc.
IAUM follows the LBMA Gold Price PM ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 15, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.