Could you please elaborate on the question, "What is the most profitable gold ETF?" I'm interested in understanding how profitability is measured in this context. Do you consider it based on past performance, dividend yields, or perhaps some other metrics? Also, could you recommend any specific gold ETFs that have demonstrated consistent profitability over time? I'm trying to diversify my portfolio and gold ETFs seem like a potential option. However, with so many options available, it's challenging to determine which one offers the best returns. Thank you for your assistance in this matter.
6 answers
EtherWhale
Wed May 29 2024
Another notable gold ETF is the OUNZVanEck Merk Gold Trust, which has achieved a 15.49% return in the past 12 months. This ETF provides investors with a convenient way to access the gold market and diversify their portfolios.
Raffaele
Wed May 29 2024
Goldman Sachs Physical Gold ETF, known as AAAU, is also among the top performers in the gold ETF space. With a 15.46% return in the past year, it offers investors a secure and liquid way to invest in gold.
CryptoMystic
Wed May 29 2024
Additionally, the IAUFiShares Gold Strategy ETF has delivered a solid 14.75% return over the past year. This ETF employs a strategic approach to investing in gold, aiming to maximize returns while managing risks.
Caterina
Wed May 29 2024
Gold ETFs have become a popular investment option for those seeking exposure to the precious metal without the hassle of physical ownership. Among the best-performing gold ETFs, the IAUMiShares Gold Trust Micro ETF of Benef Interest stands out, delivering a 15.52% return over the past year.
CryptoLodestarGuard
Wed May 29 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services for investors interested in the digital asset space. Among its offerings, BTCC provides spot trading, futures trading, and wallet services.