Best Fit Gold Oriented Funds ETFs
U.S. News evaluated 23 Gold Oriented Funds ETFs and 4 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
| Best Fit Scorecard | |
|---|---|
| Costs | Excellent |
| Tracking Error | Good |
| Bid/Ask Ratio | Good |
| Holdings Diversity | Typical |
Fund Description
The investment seeks to replicate, net of expenses, the day-to-day movement of the price of gold bullion. The trust is not an investment company registered under the Investment Company Act of 1940 or a commodity pool for purposes of the Commodity Exchange Act. It receives gold deposited with it in exchange for the creation of baskets of iShares, sells gold as necessary to cover the trust's liabilities, and delivers gold in exchange for baskets of iShares surrendered to it for redemption.
Fund Snapshot Updated 05.14.2012
| Previous Close | $15.17 | Expense Ratio | 0.25% |
| YTD Return | 0.3% | Avg. 30-Day Volume | 6,050,154 |
| 1-Year Return | 4.2% | Market Cap | Loading... |
| Bid | $15.18 | Shares Outstanding | 591,450,000 |
| Ask | $15.19 | Dividends | $0.00 |
