AAAU
+5.94 · +14.17%
$47.83 · BATS

Goldman Sachs Physical Gold ETF (AAAU) ETF Analysis | Commodities Focused

Goldman Sachs · USA
AUM:$2.8B
#– of – in Commodities Focused ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 41.4% over the past year, reflecting strong price momentum.

Cost Efficiency

Ongoing charge of 0.18% — competitive for the exposure provided.

What is AAAU?

The trust holds London Bars and Physical Gold of other specifications without numismatic value. It receives gold deposited by Authorized Participants in exchange for the creation of Baskets and delivers gold to Authorized Participants in exchange for Baskets surrendered to it for redemption.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Strong Recent Performance
AAAU delivered 41.4% over the past year. Historical returns only — past performance is not indicative of future results.
Competitive Expense Ratio
Expense ratio of 0.18% — reasonable for the index exposure provided.
Concentrated Holdings
Top 10 holdings account for 100.0% of the ETF — significant weight in a small number of names.
ETF Information
AUM$2.8B
Expense Ratio0.18%
Dividend Yield0.00%
Holdings1
Inception DateJul 2018
Domicile–
Distribution–
IndexLBMA Gold PM Price
ProviderGoldman Sachs
Beta0.19
CategoryCommodities Focused
CurrencyUSD
Portfolio Impact

How would AAAU affect your portfolio?

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Example preview
6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-15.4%
1Y
+30.1%
3Y
+128.8%
5Y
+142.7%
OpenBook InsightIf you had invested £10,000 in AAAU 5 years ago, it would have grown to £24,273 — a gain of £14,273.

Annual Returns

Calendar year performance

AAAU delivered positive returns in 5 of the last 5 calendar years.
YearAAAU
2026 YTD+2.8%
2025+61.8%
2024+27.2%
2023+12.0%
2022+1.0%
CAGR 4yr+23.5%
5/5 positive yearsAvg return: +21.0%Worst year: +1.0% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
25.5%
Moderate
Momentum
+11.2%
30-day change
Support Level
39.95
Key floor
Key Insights
  • Monitor key support and resistance levels as part of broader risk assessment.