Goldman Sachs Physical Gold ETF (AAAU)
The Goldman Sachs ActiveBeta Gold ETF (AAAU) is a passively managed exchange-traded fund (ETF) that seeks to track the investment results of the LBMA Gold PM Price. The LBMA Gold PM Price is a benchmark for the pricing of gold, which is used to set the price for gold transactions between wholesale market participants. The AAAU ETF holds physical gold bars and other gold securities without numismatic value, meaning they are not collectible coins with value beyond their gold content.
The AAAU ETF was launched on July 26, 2018, with an expense ratio of 0.18% and is managed by Goldman Sachs Asset Management. The fund might be suitable for investors looking for a low-cost way to gain exposure to the gold market and want to use it to diversify their portfolio, as gold is often seen as a hedge against inflation and economic uncertainty.
ETF Info
| ISIN | US7154261025 |
|---|---|
| CUSIP | 38150K103 |
| Issuer | Goldman Sachs |
| Inception Date | Jul 26, 2018 |
| Region | Global (Broad) |
| Category | Precious Metals, Gold |
| Leveraged | 1x |
| Index Tracked | LBMA Gold PM Price |
| Home Page | www.gsam.com |
| Asset Class | Commodity |
Expense Ratio
AAAU has an expense ratio of 0.18%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: AAAU vs. GLD, AAAU vs. IAU, AAAU vs. GLDM, AAAU vs. SGOL, AAAU vs. BAR, AAAU vs. SLV, AAAU vs. VOO, AAAU vs. GOLD, AAAU vs. GDX, AAAU vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Goldman Sachs Physical Gold ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Goldman Sachs Physical Gold ETF had a return of 20.85% year-to-date (YTD) and 29.81% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 20.85% | 13.39% |
| 1 month | 4.62% | 4.02% |
| 6 months | 14.52% | 5.56% |
| 1 year | 29.81% | 21.51% |
| 5 years (annualized) | 10.45% | 12.69% |
| 10 years (annualized) | N/A | 10.55% |
Monthly Returns
The table below presents the monthly returns of AAAU, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.37% | 0.45% | 8.65% | 3.14% | 1.59% | -0.13% | 5.35% | 2.15% | 20.85% | ||||
| 2023 | 5.75% | -5.28% | 7.89% | 0.92% | -1.32% | -2.21% | 2.26% | -1.23% | -4.78% | 7.43% | 2.54% | 1.29% | 12.94% |
| 2022 | -1.60% | 6.15% | 1.26% | -2.03% | -3.18% | -1.64% | -2.51% | -2.97% | -2.77% | -1.82% | 8.40% | 3.02% | -0.50% |
| 2021 | -3.12% | -6.32% | -1.16% | 3.59% | 7.67% | -7.12% | 2.61% | -0.00% | -3.32% | 1.55% | -0.68% | 3.24% | -4.01% |
| 2020 | 4.49% | -0.63% | -0.06% | 7.12% | 2.55% | 2.95% | 10.74% | -0.41% | -4.13% | -0.48% | -5.45% | 7.07% | 25.02% |
| 2019 | 2.85% | -0.49% | -1.60% | -0.66% | 1.72% | 8.09% | 0.01% | 7.87% | -3.23% | 2.45% | -3.15% | 3.73% | 18.17% |
| 2018 | 2.21% | -0.67% | 2.10% | 0.33% | 5.00% | 9.20% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of AAAU is 89, placing it in the top 11% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Goldman Sachs Physical Gold ETF (AAAU) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Goldman Sachs Physical Gold ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Goldman Sachs Physical Gold ETF was 21.63%, occurring on Sep 26, 2022. Recovery took 315 trading sessions.
The current Goldman Sachs Physical Gold ETF drawdown is 1.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.63% | Aug 7, 2020 | 538 | Sep 26, 2022 | 315 | Dec 27, 2023 | 853 |
| -12.43% | Mar 10, 2020 | 8 | Mar 19, 2020 | 15 | Apr 9, 2020 | 23 |
| -6.51% | Sep 5, 2019 | 60 | Nov 27, 2019 | 25 | Jan 6, 2020 | 85 |
| -5.75% | May 21, 2024 | 13 | Jun 7, 2024 | 25 | Jul 16, 2024 | 38 |
| -5.22% | Feb 20, 2019 | 51 | May 2, 2019 | 29 | Jun 13, 2019 | 80 |
Volatility
Volatility Chart
The current Goldman Sachs Physical Gold ETF volatility is 4.05%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.