Gold ETF
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Gold ETF
https://www.morningstar.com/funds/diggi ... -with-etfs
Digging for Gold With ETFs
A framework for choosing the right gold ETF for you.
I am going to be a long, long, long-term Gold ETF holder. Don't anticipate rebalancing. Just buying and holding.
Would you agree that two top choices therefore would be?
IAUM
GLDM
Both large enough with low fees?
Not looking here for a discussion of buying Gold ETFs versus buying it in physical form.
Just opinion on those being the two top choices in ETF form.
Digging for Gold With ETFs
A framework for choosing the right gold ETF for you.
I am going to be a long, long, long-term Gold ETF holder. Don't anticipate rebalancing. Just buying and holding.
Would you agree that two top choices therefore would be?
IAUM
GLDM
Both large enough with low fees?
Not looking here for a discussion of buying Gold ETFs versus buying it in physical form.
Just opinion on those being the two top choices in ETF form.
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
- mathjak107
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Re: Gold ETF
i find with the larger positions i trade gld actually ends up cheaper because the spreads are smaller than the ones that appear to have lower expenses.
it isn’t about just expenses . you need to look at the spreads too when buying or selling
it isn’t about just expenses . you need to look at the spreads too when buying or selling
Re: Gold ETF
mathjak107 wrote: ↑Tue Aug 26, 2025 7:56 am i find with the larger positions i trade gld actually ends up cheaper because the spreads are smaller than the ones that appear to have lower expenses.
it isn’t about just expenses . you need to look at the spreads too when buying or selling
For frequent trading, definitely true. However Vinny says he's going to be holding a long time, so the expense ratio becomes paramount.
- mathjak107
- Executive Member
- Posts: 4693
- Joined: Fri Jun 19, 2015 2:54 am
- Location: bayside queens ny
- Contact:
Re: Gold ETF
well the spread never becomes meaningless because of rebalancing
Re: Gold ETF
No. All I own is about $18,000 of coins purchased in 1995.
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
Re: Gold ETF
Yes!Xan wrote: ↑Tue Aug 26, 2025 8:01 ammathjak107 wrote: ↑Tue Aug 26, 2025 7:56 am i find with the larger positions i trade gld actually ends up cheaper because the spreads are smaller than the ones that appear to have lower expenses.
it isn’t about just expenses . you need to look at the spreads too when buying or selling
For frequent trading, definitely true. However Vinny says he's going to be holding a long time, so the expense ratio becomes paramount.
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
Re: Gold ETF
Had also stated this: "Don't anticipate rebalancing. Just buying and holding."mathjak107 wrote: ↑Tue Aug 26, 2025 8:02 am well the spread never becomes meaningless because of rebalancing
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
Re: Gold ETF
The IAUM spread is .03% and its expense ratio is .09%. GLD's spread is .01% and its expense ratio is .40%.
Let's say you own it for a year. With IAUM you've saved 31 basis points in expense ratio. You'd have had to trade in and out 15 times in order to lose that much on the spread.
If you're really trading, the spread could be significant. If you're rebalancing, I would say it isn't.
Let's say you own it for a year. With IAUM you've saved 31 basis points in expense ratio. You'd have had to trade in and out 15 times in order to lose that much on the spread.
If you're really trading, the spread could be significant. If you're rebalancing, I would say it isn't.
Re: Gold ETF
And, if one is going to hold for an indeterminate term with no planned rebalancing .. would never recoup the expense ratio difference.Xan wrote: ↑Tue Aug 26, 2025 9:34 am The IAUM spread is .03% and its expense ratio is .09%. GLD's spread is .01% and its expense ratio is .40%.
Let's say you own it for a year. With IAUM you've saved 31 basis points in expense ratio. You'd have had to trade in and out 15 times in order to lose that much on the spread.
If you're really trading, the spread could be significant. If you're rebalancing, I would say it isn't.
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
Re: Gold ETF
I'd go with IAUM or GLDM
Re: Gold ETF
I believe the IAUM custodian is JP Morgan and the GLDM custodian is HSBC. One is US based one is not. But at this rate who knows if you can trust either one of them. I could be off but I think this was the case last time I checked.