IAU vs. AAAU: Which Physical Gold ETF Is the Better Buy for Investors?
Investors who look to gold as a hedge against inflation or geopolitical uncertainty have several ways to gain exposure. While some investors prefer physical coins or bars, many choose exchange-traded funds for their convenience, security, and liquidity. The iShares Gold Trust (NYSEMKT:IAU) and the Goldman Sachs Physical Gold ETF (NYSEMKT:AAAU) provide nearly identical exposure to gold bullion, and this comparison examines how these two popular gold-backed funds stack up. Beta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years). The 1-yr return represents total return over the trailing 12 months. Continue reading