What are the best gold ETFs?

(ETF performance data mentioned below is as of May 3, 2024.) GLD is one of the most popular ETFs available. The fund invests in physical gold, and its performance is highly correlated to gold spot prices. Another popular option, this fund also tracks the spot price of gold by investing in gold bars held in vaults around the world.

Is GLD a good ETF?

GLD is one of the most popular ETFs available. The fund invests in physical gold, and its performance is highly correlated to gold spot prices. Another popular option, this fund also tracks the spot price of gold by investing in gold bars held in vaults around the world. But compared to GLD, its expense ratio is lower.

Should you invest in gold ETFs?

Gold ETFs. For investors looking to hedge their bets on the unpredictable economy, gold exchange-traded funds can be a more manageable and cheaper way to invest in the commodity. Gold prices are currently hovering around an all-time high and certain ETFs may be able to help investors capitalize on the hot market.