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BAR

GradeBNew York Stock Exchange Arca

GraniteShares Gold Trust

Commodities · GraniteShares · Inception 2017-08-31 · SEC filings

$42.23−0.71 (−1.67%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 59 prints from 42.94 to 42.23. Range 42.08 to 42.45. Use the arrow keys to read each point.$42.10$42.30$42.4010 AM12 PM2 PM4 PM
Expense ratio
0.17%
Fund size
$1.4B
1Y return
+16.2%
Yield · Last 12 months
Holdings
1
Volume · 30D
0.2M sh
NAV per share
$42.56
52W range
low $36.65high $54.63

The ETF.net BAR Grade

B

63/ 100

Rank 6 of 10 in Physical Gold

Confidence Medium

Six-pillar profile for BAR. Scores out of 100: Cost 59, Risk 49, Mission 100, Tradability 35, Holdings not scored, Durability 41. Strongest: Mission (100). Weakest: Tradability (35). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 63 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 59
    Category rank5/10 · top 50%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank2/9 · top 22%
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 49
    Category rank2/9 · top 22%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 35
    Category rank8/10 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 41
    Category rank7/10 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on BAR

ETF.net Research

BReal bars in a London vault, listed one by one on the sponsor's site every day. BAR landed in 2017 as the boutique fee-fighter among gold trusts: no lending, no derivatives, a 0.17% sponsor fee.

Stated mandate

The Trust seeks to have each Share’s value reflect the value of its gold assets after accrued expenses and liabilities, providing a simple way to invest similarly to gold.

Why people hold it

  1. 01Bullion only: the gold sits in ICBC Standard Bank's London vault, lending of the metal isn't permitted, and the trust can't hold derivatives.graniteshares.comsec.gov
  2. 02You can check the claim: the bar list is published daily, and outside inspector Bureau Veritas visits the vault twice a year, one of those visits at random.graniteshares.comgraniteshares.com
  3. 03Plain passive plumbing: mirror the LBMA Gold Price PM less expenses. It has hugged that gold benchmark very tightly.

Worth knowing

  1. 01No income here. Gold pays nothing, and the trust sells a sliver of its bullion to cover expenses, so the ounces behind each share drift down over time.graniteshares.com
  2. 02Cheaper doors to the same metal exist: GLDM and IAUM both undercut BAR's fee, and BAR is only moderately traded next to the category's volume leaders.
  3. 03Tax quirk of the wrapper: under current law, long-term gains on gold held through the trust are taxed as collectibles, at a maximum 28% rate.sec.gov

BAR Holdings

As of Sep 21, 2026, 4:05 AM
Asset class
Other
Holdings
1
Top-10 weight
100%
Largest holding
Physical Gold100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001Physical Gold100.00%0$1.4B8

Showing 1–1 of 1 holdings

BAR Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

BAR$11,624
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. BAR $11,624. SPY $11,723. Use the arrow keys to read each point.$9,142$11,961$14,780Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BAR. Periods over one year show the average yearly return.
PeriodBAR
Year to date+1.1%
1 month−5.5%
3 months+4.1%
1 year+16.2%
3 years+31.1%per year
5 years+19.6%per year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BAR
YearReturn barBAR
2026 YTD+1.1%
2025+64.1%
2024+27.0%
2023+13.0%
2022−0.6%
2021−3.9%
2020+25.0%

BAR in the news

ETF.net Research hasn’t filed on BAR yet — coverage lands here as it’s written.

BAR Dividends

This fund pays no distributions.
Last 12 months
Payout per share
Last 12 months

No distributions in the last 12 months.

BAR Risk

How much the fund’s monthly returns vary, scaled to a year.
18.6%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.34
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−26.3%
Trough Jul 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.41
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

BAR Cost

Expense ratio0.17%
  • The middle half of Physical Gold funds
  • Median 0.17%

3 of the 10 Physical Gold funds charge less.

BAR costs $17.00 a year on $10,000. The median Physical Gold fund costs $17.50.