Goldman Sachs Physical Gold ETF SharesGoldman Sachs Physical Gold ETF SharesGoldman Sachs Physical Gold ETF Shares

Goldman Sachs Physical Gold ETF Shares

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Key stats


Assets under management (AUM)
‪1.48 B‬USD
Fund flows (1Y)
‪380.18 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
−0.6%
Shares outstanding
‪44.42 M‬
Expense ratio
0.18%

About Goldman Sachs Physical Gold ETF Shares


Brand
Goldman Sachs
Home page
Inception date
Jul 26, 2018
Structure
Grantor Trust
Index tracked
LBMA Gold Price PM ($/ozt)
Replication method
Physical
Management style
Passive
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
Goldman Sachs Asset Management LP
Distributor
ALPS Distributors, Inc.
AAAU is an efficient option for investors seeking exposure to physical gold. At launch, AAAUs shares corresponded to 1/100th of an ounce of gold (though this will decrease over time due to expenses). This low handle should be helpful for those investors placing small orders but could be a deal-breaker for those paying per-share commissions. The daily NAV of the fund is determined using the LBMA PM Gold Price, so the fund has an extremely close relationship with spot prices. Its structure as a grantor trust protects investors, trustees cannot lend the gold bars. However, taxes on long-term gains can be steep, as AAAU is deemed a collectible by the IRS. GSAM acquired this fund on December 14, 2020, from Cottonwood ETF Holdings and changed the fund name from Perth Mint Physical Gold ETF. After the acquisition, the ETF lost its convertibility feature that allowed investors to exchange shares for delivery of physical gold in the form of gold coins and bars.

Classification


Asset Class
Commodities
Category
Precious metals
Focus
Gold
Niche
Physically held
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Top 10 holdings

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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.

Broaden your horizons with more funds linked to AAAU via country, focus, and more.

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.
AAAU trades at 33.15 USD today, its price has fallen −0.54% in the past 24 hours. Track more dynamics on AAAU price chart.
AAAU net asset value is 33.34 today — it's risen 3.83% 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.
AAAU assets under management is ‪1.48 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.
AAAU price has fallen by −1.22% over the last month, and its yearly performance shows a 43.01% increase. See more dynamics on AAAU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.83% over the last month, showed a 15.08% increase in three-month performance and has increased by 44.83% in a year.
AAAU fund flows account for ‪380.18 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.
AAAU expense ratio is 0.18%. 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, AAAU 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, AAAU 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 AAAU shows the buy signal. See more of AAAU technicals for a more comprehensive analysis.
No, AAAU doesn't pay dividends to its holders.
AAAU trades at a premium (0.57%).
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.
AAAU shares are issued by The Goldman Sachs Group, Inc.
AAAU 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 Jul 26, 2018.
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.