Gold & commodities ETFs

Live quotes and split-adjusted returns for GLD, IAU, SLV, USO, GDX.

Gold & commodities

FundLastChangeDay rangeLeverageIssuerStatus
GLD SPDR Gold Shares372.52-0.79%369.26 – 373.76—State Street SPDR Closed
IAU iShares Gold Trust76.38-0.81%75.73 – 76.63—iShares (BlackRock) Closed
SLV iShares Silver Trust46.87-0.13%46.35 – 47.13—iShares (BlackRock) Closed
USO United States Oil Fund148.41+0.13%146.70 – 149.37—USCF Closed
GDX VanEck Gold Miners ETF87.60+2.16%84.01 – 87.60—VanEck Closed

Gold, silver and oil ETFs: what they hold

Commodity ETFs give exposure to raw materials through a stock-exchange listing, but they do it in very different ways. This page groups five funds: two gold funds (GLD and IAU), a silver fund (SLV), an oil fund (USO) and a gold-miners fund (GDX). What each fund actually holds explains why their prices do not always move together.

Physically backed: GLD, IAU and SLV

GLD and IAU hold gold bullion in vaults, and SLV holds silver bullion. Their value follows the LBMA gold or silver price, less the trust's expenses, which are paid by selling small amounts of metal over time. Because GLD and IAU both own gold, their percentage moves are usually very close; their share prices differ only because each share represents a different amount of gold. Where our sources agreed, GLD's expense ratio is 0.40% a year, IAU's 0.25% and SLV's 0.50%.

Futures-based: USO

USO does not store oil. It holds WTI crude oil futures contracts and rolls them before they expire. When later contracts cost more than nearer ones, each roll costs money, so over time USO's return can be quite different from the change in the spot oil price. We do not show an expense ratio for USO because our sources disagreed.

Company shares: GDX

GDX holds shares of gold-mining companies, not gold. Miners' profits are very sensitive to the gold price, so their shares often move more than the metal, and they also carry company risks such as rising costs, production problems and swings in the wider stock market. GDX shows an expense ratio of 0.51%.

Gold in Gulf currencies

These funds trade in US dollars on US exchanges. For the gold price per gram in UAE dirhams, Saudi riyals and other Gulf currencies, see our gold price page; for live Brent and WTI prices, see the oil page.

About the data

Prices come from Yahoo Finance's regular US session and may be delayed; each quote shows its time. Fund returns are adjusted for share splits and exclude distributions.

Leveraged & inverse Index Sector Volatility Thematic

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