A list of ETFs for May 2023

Gold is a popular asset, and it's quite attractive with its value. Thus, many investors choose Gold as worth the investment. It offers many perks and benefits such as hedge against inflation, political unrest, and even market turbulence.

Moreover, investing in Gold is much more comfortable with ETFs. You don't need to purchase gold bullion directly. All you need is to get Gold ETFs, making your underlying asset.

What is a Gold ETF?

Gold ETFs work just like other ETFs. However, it focuses on investing in Gold assets.

This kind of ETF offers an excellent solution for people who want to invest in Gold but get held back by purchasing it directly.

For this reason, some investors see ETFs as a relatively liquid and low-cost option when it comes to investing in Gold.

Of course, the price of gold can also face big swings. Thus, the ETFs that track such also have some risks.

What is the best Gold ETF?

The market has an array of Gold ETFs to choose from if you plan on investing in this ETF. There's no telling which is the best, but the list below filters out your best options if you plan on going for this ETF.

  • GraniteShares Gold Trust (BAR)
  • SPDR Gold MiniShares Trust (GLDM)
  • iShares Gold Trust (IAU)

As always, the list filters out the best performing Gold ETFs around. In the end, it would be on you to choose the Gold ETF.

Is Gold ETF a good investment?

As said earlier, Gold is a popular asset for investors to consider. It gives any investor the hedge over inflation, political unrest, and market turbulence.

Since Gold can be a bit pricey, buying can be costly. For this reason, Gold ETFs provide an ideal solution for people who want to invest in Gold but lack the asset to do so.