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IAUM

GradeANew York Stock Exchange Arca

iShares Gold Trust Micro

Commodities · IShares · Inception 2021-06-14 · SEC filings

$42.74−0.74 (−1.71%)

As of Sep 23, 2026, 3:10 PM EDT

Intraday session: down, 69 prints from 43.49 to 42.74. Range 42.60 to 42.94. Use the arrow keys to read each point.$42.60$42.70$42.80$42.9010 AM12 PM2 PM4 PM
Expense ratio
0.09%
Fund size
$8.1B
1Y return
+16.3%
Yield · Last 12 months
—
Volume · 30D
2.6M sh
NAV per share
$43.14
52W range
low $37.06high $55.27

The ETF.net IAUM Grade

A

77/ 100

Rank 2 of 10 in Physical Gold⁠

Confidence Medium

Six-pillar profile for IAUM. Scores out of 100: Cost 91, Risk 49, Mission 100, Tradability 48, Holdings not scored, Durability 60. Strongest: Mission (100). Weakest: Tradability (48). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 77 of 100 sits in the A 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.
    AScore 91
    Category rank2/10 · top 20%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank7/9 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 49
    Category rank7/9 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 48
    Category rank6/10 · mid-pack

  • 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.
    BScore 60
    Category rank5/10 · top 50%

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

Our read on IAUM

ETF.net Research

ABullion in a vault, at 0.09% a year, roughly half the typical fee among physical gold funds. This is iShares' small-fee take on owning metal, priced off the LBMA Gold Price benchmark.

Stated mandate

The Trust seeks to reflect the performance of gold, before its expenses and liabilities, by holding physical gold.

Why people hold it

  1. 01Fee is 0.09% a year against a 0.17% median for physical gold peers, a hair under GLDM (0.10%) and well under SGOL (0.17%) and AAAU (0.18%).
  2. 02Plain plumbing: a grantor trust that holds physical gold and seeks to reflect gold's performance, before expenses and liabilities, against the LBMA Gold Price.ishares.com
  3. 03A multi-billion-dollar fund that trades actively, and it tracks its gold benchmark about as closely as anything in the physical gold group.

Worth knowing

  1. 01No income here. The trust has made no distributions, so return is gold's price move minus the fee, nothing else.
  2. 02Gold swings hard on sentiment and rates, and there is no yield to cushion a drawdown.
  3. 03Launched in 2021, it is younger than the bullion trusts that anchor this category and not the deepest-traded name among them.

IAUM Holdings

As of Sep 22, 2026, 2:50 AM
Asset class
Other
Holdings
—
Top-10 weight
100%
Largest holding
Physical Gold100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Physical Gold100.00%0$8.1B8

Showing 1–1 of 1 holdings

IAUM Performance

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

IAUM$11,635
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. IAUM $11,635. SPY $11,723. Use the arrow keys to read each point.$9,142$11,961$14,779Sep 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 IAUM. Periods over one year show the average yearly return.
PeriodIAUM
Year to date+1.2%
1 month−5.4%
3 months+4.1%
1 year+16.3%
3 years+31.3%per year
5 years+19.7%per year
10 yearsFund is under 10 years old—per 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 IAUM
YearReturn barIAUM
2026 YTD+1.2%
2025+64.3%
2024+27.0%
2023+13.1%
2022−0.5%
2021+3.1%

History from Jul 1, 2021

IAUM in the news

IAUM Dividends

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

No distributions in the last 12 months.

IAUM Risk

How much the fund’s monthly returns vary, scaled to a year.
18.7%
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.

IAUM Cost

Expense ratio0.09%
  • The middle half of Physical Gold funds
  • Median 0.17%

No Physical Gold fund charges less.

IAUM costs $9.00 a year on $10,000. The median Physical Gold fund costs $17.50.