What Lies Ahead For Gold ETFs?

It has AUM of $36.0 billion and charges a fee of 40 basis points a year. It has returned 6.2% in a year. As such, GLD carries a Zacks ETF Rank #3 (Hold) with a Medium risk outlook.

iShares Gold Trust ETF (IAU - Free Report)

This ETF seeks to provide exposure to prices of the gold bullion and can be used as a means to attain portfolio diversification or achieve hedging targets.

It has AUM of $11.2 billion and charges a fee of 25 basis points a year. It has returned 6.3% in a year. As such, IAU carries a Zacks ETF Rank #3 with a Medium risk outlook.

ETFS Physical Swiss Gold Shares ETF (SGOL - Free Report)

This fund aims to track the performance of the gold bullion before fees and expenses and is a convenient way of gaining exposure to the metal.

It has AUM of $1.1 billion and charges a fee of 39 basis points a year. It has returned 6.3% in a year. As such, SGOL carries a Zacks ETF Rank #3 with a Medium risk outlook.

Another way of gaining exposure to the metal is through ETFs investing in commodity futures. Let us discuss one such ETF.

PowerShares DB Gold Fund (DGL - Free Report)

This fund is appropriate for those looking for a cost-efficient way of investing in commodity futures. However, since this fund invests in the futures markets, it is not deemed suitable for all investors owing to the highly speculative nature of the investments.

It has AUM of $193.5 million and is relatively expensive as it charges a fee of 75 basis points a year. It has returned 5.3% in a year. As such, DGL carries a Zacks ETF Rank #3 with a Medium risk outlook.

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