All objectives

Commodity

Gold & Commodities ETFs

Physically-backed bullion tracks spot closely. Miners are leveraged equity plays on the metal, with operational risk on top.

Sort6 funds
GLD

SPDR Gold Shares

SPDR

Physically-backed gold bullion. The most liquid gold vehicle for options traders.

Fee
0.40%
AUM
$118.4B
Yield
0.0%
1Y
+41.4%
5Y ann.
+16.4%
10Y ann.
All-time
IAU

iShares Gold Trust

iShares

Same physical gold exposure as GLD at a lower fee. Better for long-term holders.

Fee
0.25%
AUM
$54.1B
Yield
0.0%
1Y
+41.6%
5Y ann.
+16.6%
10Y ann.
All-time
GLDM

SPDR Gold MiniShares Trust

SPDR

Cheapest large physical gold fund; lower share price, thinner options market.

Fee
0.10%
AUM
$22.4B
Yield
0.0%
1Y
+41.8%
5Y ann.
+16.8%
10Y ann.
All-time
GDX

VanEck Gold Miners ETF

VanEck

Large-cap gold miners — operationally leveraged to the gold price, both directions.

Fee
0.51%
AUM
$21.4B
Yield
0.8%
1Y
+96.4%
5Y ann.
+21.4%
10Y ann.
All-time
SLV

iShares Silver Trust

iShares

Physical silver. Half precious metal, half industrial input — more volatile than gold.

Fee
0.50%
AUM
$21.1B
Yield
0.0%
1Y
+62.4%
5Y ann.
+15.1%
10Y ann.
All-time
PDBC

Invesco Optimum Yield Diversified Commodity

Invesco

Broad commodity futures basket without a K-1. Energy-weighted, roll-optimised.

Fee
0.59%
AUM
$4.6B
Yield
4.1%
1Y
+6.4%
5Y ann.
+11.4%
10Y ann.
All-time