iShares Gold TrustFind Ratings Reports
- Last Ratings Update:06/30/2016
- Price as of 06/30/2016 :$12.75
- Net Assets:$6,351.5 Million
- Peer Rank:8 of 41
- Investment Rating:C+
We rate iShares Gold Trust at C+. Positive factors that influence this rating include a low price volatility, low expense structure and long term portfolio management tenure. The fund may be considered for investors seeking a Sector - Precious Metals strategy.
POSITIVES AND RISKS
Total return ranks below peers over the last three years. The iShares Gold Trust has returned an annual rate of 10.06% since inception. More recently, the fund has generated a total return of -2.99% in the last five years, 2.95% in the last three years, and 14.91% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 22% of them. It has also outpaced 40% of its competitors on a three year basis and 83% of them over the last year for the period ending 6/30/2016. On a year to date basis, IAU has returned 26.59%.
Downside risk has been below average. IAU has a draw down risk of -24.39%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 17.0%. This fund has had moderate volatility in its monthly performance over the last 36 months. As of 6/30/2016, the fund was trading at a price of $12.75, which is 0.6% below its 52-week high of $12.83 and 9.6% above its 52-week low of $11.63.
Low expense ratio helps performance. As IAU is an exchange traded fund, it has no front end or back end load.
The iShares Gold Trust is managed by Index Strategies Group at BlackRock Fund Advisors. This fund is one of 305 BlackRock Fund Advisors exchange-traded funds launched since 3/12/1996 that we track.