Which is better, IAU or GLD?
So, let's dive into the question of whether IAU or GLD is the better investment. Both of these options offer exposure to gold, but they do so in different ways. IAU, or the Sprott Physical Gold Trust, is an exchange-traded fund that aims to track the performance of gold bullion. On the other hand, GLD, or the SPDR Gold Shares, is also an ETF but it holds physical gold in vaults and represents fractional ownership of that gold. Now, which one should you choose? Well, it depends on your investment goals and risk tolerance. If you're looking for a more direct way to invest in gold and want to own physical gold, GLD may be the better option for you. However, if you're looking for a more diversified approach and don't mind not owning the physical gold, IAU may be a better fit. But, of course, there are other factors to consider as well, such as fees, liquidity, and tracking error. So, it's important to do your research and understand the pros and cons of each option before making a decision. Ultimately, the answer to the question "which is better, IAU or GLD?" depends on your individual needs and preferences. So, take the time to evaluate your options and choose the investment that best aligns with your financial goals.