State Street Gold ETF | GLD

Medium RiskCommodities
State Street Gold ETF
Issued by:State Street
Index : AMEX
Unit Price (NAV) :
$
Minimum investment: 1 unit
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State Street Gold ETF | GLD

State Street Gold ETF | GLD

About GLD ETF

Overview:
The State Street Gold ETF (GLD) is one of the most established ETFs and tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults and is managed by State Street Global Advisors that has a total AUM of $2.73T..

GLD is an exchange-traded fund incorporated in the USA in November 2004. GLD is one of the best established and most traded ETFs in the world. The fund only invests in physical gold bullion that is stored in vaults.

About the Fund Manager:
State Street was incorporated in 1792, has four decades of experience meeting complex client needs and is the third largest asset manager in the world managing $2.73T. It is the 2nd United States bank on the list of oldest banks in continuous operation. State Street is ranked 14th on the list of largest banks in the United States by assets.

Sector:
GLD invests 100% in physical Gold.

Geography:
GLD invests 100% in physical Gold.

Investment Strategy:
GLD has an extremely close relationship with spot prices of Gold. Its structure as a grantor trust protects investors; trustees cannot lend the gold bars.

Recommended for:
Asset Preservation

According to ETFdb.com, "GLD is certainly an efficient tool for adding gold to a portfolio."

Additional Information:
1. Fund Factsheet
2. GLD v/s Physical Gold
3. Top Gold ETFs
4. The relevance of Gold as a strategic asset
How did we identify this ETF:
A complete pool of 2100+ ETFs is screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta, and R-squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility, and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the in-house analysts team. QQQ has a massive trading volume and a huge AUM, thanks to its benchmark being Nasdaq-100. It is extremely liquid and has a low fee and a low tracking error. Hence, it is being included in our selection in the Large Cap segment. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.

Returns

PerformanceYTD1Y3Y5Y10Y
State Street Gold ETF-6.81%2.78%9.82%6.10%0.87%

Asset Class

Asset type breakdown
Other100%

Projected Returns

Investment ofper month
gives returns of :
at 0.45% / annum
$in 10 years
amount
for a time period of
time1Y3Y5Y10Y
Returnsbased on historic SIP returns of 0.45% per annum
$
$
$+ 0.45

GLD Summary Data

Total Net Assets $i
Symbol GLD
Exchange ARCX
ISIN US78463V1070
Cat. Benchmark Morningstar Lng-Only Cmdty
Asset class Commodities
Category Commodities Precious Metals
Country US

GLD Portfolio Data & Volatility Analysis

Net Expense Ratio 0.4i
Beta -0.03i
3 Year Standard Deviation 13.97i

Fund Strategy

SPDR Gold Trust seeks to reflect the performance of the price of gold bullion, less the Trust's expenses. The Trust holds gold and is expected from time to time to issue Baskets in exchange for deposits of gold and to distribute gold in connection with redemptions of Baskets.

GLD Fact Sheets & Reports

About State Street

State Street Corporation is an American financial services corporation founded in 1792. State Street has been providing ETFs since 1993. Today State Street provides ETFs across major markets covering different asset classes. State Street prides itself in creating client oriented products.

State Street Gold ETF | GLD