Why Pros Love This Gold ETF

[View in browser]( [The Spill Logo] BROUGHT TO YOU BY: [Logo]( Proprietary Data Insights Financial Pros’ Top Gold ETF Searches in the Last Month Rank Ticker Name Searches #1 [GLD]( SPDR Gold Trust 41 #2 [GDX]( VanEck Vectors Gold Miners ETF 1 #3 [GOAU]( US Global GO GOLD and Precious Metal Miners ETF 1 #4 [IAU]( iShares Gold Trust 1 #5 [GDXJ]( VanEck Vectors Junior Gold Miners ETF 1 #ad [Navigating Market Volatility: The Alt Advantage]( Brought to you by [Stansberry Research]( [A once-in-a-century investment opportunity]( [Stansberry Research - A once-in-a-century investment opportunity]( Google's CEO Sundar Pichai says AI will have a more profound effect on society, "than electricity or fire." PwC - one of the world's leading technology consultants - projects AI will generate over $15.7 trillion in new wealth before 2030. That would make AI worth 7.5x the American internet economy. But if you're buying Microsoft or NVIDIA to profit - you're missing the big picture. After 50 years on Wall Street, I'm going public with another way to profit on the coming $7 trillion A.I. boom. It's an under-the-radar stock reshaping a projected $109 billion industry - And, I believe, has far more potential than the AI stocks most investors are focused on in the days ahead. [To get its name and ticker symbol for free - just click here.]( Experts’ Top 5 Gold ETFs The Fed is stuck between a rock and a hard place. On the one hand, inflation hasn’t dropped below 2%, with home prices remaining stubbornly high. On the other hand, the economy is slowing quickly. While a rate cut is already priced in for next week, many investors aren’t sure inflation has been tamed. That’s led to a remarkable rally for gold this year, with the yellow metal up nearly 20% year-to-date. The most popular gold ETF amongs financial pros, according to our TrackStar data, is State Street’s GLD. It’s far and away the most searched gold ETF. But before you add it to your portfolio, there are a few things you should know. Key Facts About GLD - Net assets: $68.8 billion - 12-month trailing yield: N/A - Inception: November 18, 2004 - Expense ratio: 0.40% - Number of holdings: 1 State Street’s GLD ETF is rather unique. Rather than owning stocks, the ETF holds (a lot of) gold in a warehouse. The shares you buy are a fractional ownership against those gold stores. By owning physical gold, the GLD is better at tracking the spot price of gold than other ETFs that use futures or derivatives. However, there can sometimes be disconnects. For example, the YTD gain for spot gold is 19.05%. The GLD is up 23.18% YTD. But don’t worry. The premium or discount for the ETF stays within 0.01% of its net asset value. [NAV] Source: State Street The ETF is actively traded with plenty of volume on the shares and the options, which contain weekly expiration cycles. Performance GLD’s performance is the combination of the spot rate for gold minus the expenses, which at 0.4% aren’t cheap but aren’t expensive either. [Summary] Source: State Street Competition The GLD has a few direct competitors, such as the IAU. Otherwise, most ETFs focus on gold and precious metal miners, as shown below. - VanEck Vectors Gold Miners ETF (GDX): The most popular gold miner ETF, the GDX offers exposure to 55 major gold miners. - US Global GO GOLD and Precious Metal Miners ETF (GOAU): The GOAU targets companies that mine gold and other precious metals including silver and palladium. - iShares Gold Trust (IAU): As noted above, the IAU is structurally the same as the GLD, but run by iShares. - VanEck Vectors Junior Gold Miners ETF (GDXJ): This ETF targets smaller gold miners that often carry more risk. [Net assets] With a lower expense ratio, the IAU has outperformed the GLD slightly over the past five years. Notably, gold miners underperformed gold itself, with junior miners faring the worst. [The real reason NVDA is slipping]( It’s the great unloading of Nvidia (NVDA)… Just weeks before last month’s selloff, Citadel – the most successful hedge fund in history – quietly sold 500,000 shares. DE Shaw, which once owned over $1 billion of Nvidia stock, slashed its position by half. The stock has since plunged nearly 10%. What’s happening to what was once Wall Street’s favorite company? And most importantly – what does it mean for your money? [Find out more.]([Ad] Our Opinion 9/10 While the GLD is an excellent choice for gold investors, the IAU has a lower expense ratio with just as much liquidity. The differences between the two aren’t that significant, even over five years. Nonetheless, it just edges out the GLD, in our opinion. 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Copyright ©2024 InvestingChannel. All rights reserved. 1325 Avenue of the Americas, Floor 27 & 28 New York, New York 10019 Disclaimer: This is not investment advice. This InvestingChannel, Inc., newsletter is for information purposes only and is based on opinion. Futures, forex, stock, and options trading are not appropriate for all investors. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can ensure returns or eliminate losses. InvestingChannel, Inc., makes no representation or implication that using any of the methodologies or systems in this newsletter will generate returns or insure against losses. Investors should be cautious about any and all investments and are advised to conduct their own due diligence prior to making any investment decisions. [Link](