Goldman Sachs Physical Gold ETF Performance Analysis

Goldman Sachs Physical Gold ETF has consistently outperformed traditional gold investments during times of economic uncertainty.

The fund's performance is influenced by the price of gold, which has historically been a safe-haven asset during market downturns.

In the first year of its launch, the ETF saw a 10% increase in value, outperforming many other asset classes.

This performance is likely due to the fund's ability to track the price of gold bullion, providing investors with a straightforward and efficient way to invest in the metal.

The Goldman Sachs Physical Gold ETF has historically risen by 13.3% on average over the next 52 weeks based on the past 6 years of stock performance.

This trend has been consistent, with the ETF rising higher in 5 out of the 6 years over the subsequent 52-week period, corresponding to an impressive accuracy rate of 83.33%.

The current share price is $26.47, and the Score for AAAU is 67, indicating lower risk than normal and a 34% increase above its historic median score of 50.

Here are some key statistics to consider:

Historically, Goldman Sachs Physical Gold ETF has risen by an average of 13.3% over the next 52 weeks, based on its past 6 years of performance.

This trend is consistent, with the ETF rising higher in 5 out of the 6 years over the subsequent 52-week period, indicating a high level of accuracy at 83.33%.

The current share price of $26.47 suggests that the ETF is trading in the 60-70% percentile range relative to its historical Stock Score levels.

The Score for AAAU is 67, which is 34% above its historic median score of 50, indicating lower risk than normal.

Here's a breakdown of the ETF's historical performance:

Note that these figures are based on the past 6 years of performance and may not reflect future results.

If you're looking to invest in the stock market, you might be wondering about Goldman Sachs Physical Gold ETF stock. This stock is publicly traded, which means you can buy and sell its shares.

To get started, you'll need to find a brokerage firm that offers online trading. Some popular options include TD Ameritrade and tastyworks.

You can check the current stock price of Goldman Sachs Physical Gold ETF to see if it's a good time to invest. As of today, the stock price is 26.47 USD.

If you decide to buy Goldman Sachs Physical Gold ETF stock, you can do so by opening an account at a top-tier brokerage firm.

The Goldman Sachs Physical Gold ETF is a solid choice for investors looking to add gold to their portfolio, but how does it stack up against other ETFs in the market? It has a lower expense ratio compared to some other gold ETFs.

One notable comparison is with the SPDR Gold Shares ETF, which has a slightly higher expense ratio. The Goldman Sachs Physical Gold ETF also has a more transparent ownership structure, with a clear and direct link to the underlying gold assets.

In terms of performance, the Goldman Sachs Physical Gold ETF has historically tracked the price of gold relatively closely, with a correlation of around 99.9% to the London PM Fix.

When evaluating if the Goldman Sachs Physical Gold ETF is overpriced, it's essential to consider its historical performance. Goldman Sachs Physical Gold ETF has risen higher in 5 of those 6 years over the subsequent 52-week period, corresponding to a historical accuracy of 83.33%.

This impressive track record suggests that the ETF has a strong potential for growth. However, it's crucial to remember that past performance is not a guarantee of future results.

To put this into perspective, let's take a look at the numbers: 83.33% is a significant percentage, and it's worth considering whether this level of performance is sustainable.

AAAU has a 0.18% expense ratio, which is lower than GLD's 0.40% expense ratio. This means that investors who choose AAAU can save more money on fees compared to investing in GLD.

When comparing the drawdowns of AAAU and GLD, it's essential to consider the maximum drawdowns of each investment. The maximum AAAU drawdown since its inception was -21.63%, which is smaller than the maximum GLD drawdown of -45.56%.

This difference in drawdowns is significant, as it indicates the potential risk of each investment. A smaller drawdown doesn't necessarily mean a better investment, but it does suggest that AAAU has been less volatile than GLD.

To put this into perspective, the maximum drawdown for GLD was -45.56%, occurring on a specific date. In contrast, AAAU's maximum drawdown was -21.63%, occurring on a different date.

Here's a comparison of the worst drawdowns for both investments:

This table highlights the significant difference in drawdowns between AAAU and GLD. The maximum drawdown for AAAU was -21.63%, occurring over a period of 538 trading sessions, while the maximum drawdown for GLD was -45.56%, occurring over a period of 853 trading sessions.

The Goldman Sachs Physical Gold ETF has performed well over the years, with a current year performance of 2.94%. This is a decent return, especially considering the market's fluctuations.

In terms of risk, the ETF's maximum loss over the past year was -4.55%, which is a significant drop. However, it's essential to note that this is a relatively short period, and the ETF's performance over longer periods is more stable.

Here are some key performance metrics for the ETF:

These metrics give you a sense of the ETF's performance and risk profile. It's essential to consider these factors when deciding whether to invest in the Goldman Sachs Physical Gold ETF.

The Grades section of performance metrics is a crucial aspect of evaluating an investment's success. It's a way to measure how well an investment has performed compared to its peers.

The Goldman Sachs Physical Gold ETF has received an A grade for its year-to-date return, which is 21.2 percentage points better than the category. This is a notable achievement, especially considering the current market conditions.

The ETF's past performance is also impressive, with A grades for its returns over the past year, three years, and five years. This consistency is a testament to the fund's stability and growth potential.

Here's a breakdown of the ETF's grades over the past five years:

As you can see, the ETF's grades have been mostly A's, with a few exceptions. This is a good sign, indicating that the fund has consistently performed well over the years.

In conclusion, the Grades section of performance metrics provides a clear picture of an investment's success. By analyzing the ETF's grades, you can get a sense of its growth potential and stability.

Performance metrics are a crucial aspect of evaluating an investment's success. One key metric is the performance since inception, which for Goldman Sachs Physical Gold ETF, stands at 116.37%.

A high performance since inception is a good sign, but it's essential to consider the performance over the current year, which is 2.94%. This indicates a relatively stable performance in the recent past.

The maximum loss in one year is a critical metric to consider, as it indicates the worst-case scenario. For Goldman Sachs Physical Gold ETF, the maximum loss in one year is -4.55%.

The average gain and loss over different time periods are also important metrics to evaluate. For instance, the average gain over one year is 4.31%, while the average loss is -1.23%.

Here's a summary of some key performance metrics for Goldman Sachs Physical Gold ETF:

It's also worth noting that the correlation between the investment and a chosen benchmark is high, with a correlation of 99.32% over one year. This suggests a strong relationship between the two assets.

The information ratio, which measures the excess return of an investment relative to its risk, is -0.12% over one year. This indicates that the investment has underperformed the benchmark over the past year.

Stock Rating is a crucial metric that helps investors gauge a company's financial health and potential for growth. It's based on the company's past performance, industry trends, and economic conditions.

A stock rating can be assigned by financial analysts, who consider factors such as revenue growth, profit margins, and debt levels. This rating can range from a low of 1 to a high of 5, with 3 being the average.

Investors often use stock ratings as a guide to make informed investment decisions. A high rating can indicate a company's strong financial position and potential for long-term growth.

A stock rating of 4 or 5 can be a sign of a company's exceptional financial performance, with high revenue growth and low debt levels. This can make it an attractive investment opportunity for risk-tolerant investors.

Dividends are an important consideration for investors, and it's essential to understand what to expect from the funds you're considering.

Neither AAAU nor GLD has paid dividends to shareholders.

The Goldman Sachs Physical Gold ETF (AAAU) is a relatively stable investment option. Both AAAU and SPDR Gold Trust (GLD) have similar levels of price fluctuations, with volatilities of 3.75% and 3.76%, respectively.

This means that the risk associated with both stocks is nearly the same, as measured by volatility.

When it comes to measuring risk, volatility is a key indicator. Volatility measures the average percentage change in an investment's value, either up or down, over a specific period of time.

Both the Goldman Sachs Physical Gold ETF (AAAU) and the SPDR Gold Trust (GLD) have similar levels of volatility. Their one-month volatility is 3.75% and 3.76% respectively.

This suggests that the risk associated with both stocks is nearly the same. The rolling one-month volatility chart shows the fluctuations in their values over time.

It's worth noting that a higher volatility doesn't necessarily mean a higher risk. It's essential to consider other factors when making investment decisions.

The worst drawdowns are a stark reminder of the risks involved in investing. The maximum drawdown for the Goldman Sachs Physical Gold ETF was 21.63%, occurring on Sep 26, 2022.

It took 315 trading sessions for the ETF to recover from this significant loss. The current drawdown is a far cry from this maximum, standing at 0.10%.

The table below breaks down the worst drawdowns for the Goldman Sachs Physical Gold ETF.