ETFS Physical Swiss Gold SharesFind Ratings Reports
- Last Ratings Update:07/31/2016
- Price as of 07/31/2016 :$131.61
- Net Assets:$1,019.7 Million
- Peer Rank:15 of 38
- Investment Rating:C
We rate ETFS Physical Swiss Gold Shares at C. Positive factors that influence this rating include a low price volatility and low expense structure. 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 ETFS Physical Swiss Gold Shares has returned an annual rate of 4.26% since inception. More recently, the fund has generated a total return of -4.41% in the last five years, 0.70% in the last three years, and 23.00% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 17% of them. It has also outpaced 30% of its competitors on a three year basis and 86% of them over the last year for the period ending 7/31/2016. On a year to date basis, SGOL has returned 27.16%.
Downside risk has been below average. SGOL has a draw down risk of -24.59%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 16.4%. This fund has had moderate volatility in its monthly performance over the last 36 months. As of 7/31/2016, the fund was trading at a price of $131.61, which is 1.5% below its 52-week high of $133.55 and 28.7% above its 52-week low of $102.29.
Low expense ratio helps performance. On total assets of $1.02 billion, SGOL maintains a low expense ratio compared to its Sector - Precious Metals peers of just 0.39% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. As SGOL is an exchange traded fund, it has no front end or back end load.
The ETFS Physical Swiss Gold Shares is managed by Benoit Autier at ETF Securities USA LLC. This fund is one of 5 ETF Securities USA LLC exchange-traded funds launched since 7/20/2009 that we track.