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Gold exchange-traded funds (ETFs) are funds that invest in physical gold or gold mining stocks. They are one of many ways to invest in gold. Gold ETFs are an easy way to gain instant exposure to the gold market, making them ideal for anyone seeking to invest in gold.
Here's a closer look at each of these top gold ETFs.
Investing in gold ETFs has its share of benefits and drawbacks. Some pros of investing in gold ETFs include:
However, investing in gold ETFs isn't without its drawbacks, which include:
ETFs are the simplest way to invest in gold. They're highly liquid, enabling you to buy and sell quickly. Gold ETFs also tend to be lower-cost and less of a hassle than owning physical gold bars or coins. For most investors, buying a gold ETF is the best way to invest in the precious metal.
Gold ETFs fall into two basic categories:
There were 40 gold-focused ETFs in June 2026. They vary in size, cost, assets, and gold source. Here are the seven best to consider right now:





SPDR Gold Trust (GLD +0.83%) is the largest and most liquid gold ETF, with over $141.7 billion in assets under management (AUM) as of June 2026 (more than double that of iShares Gold Trust). It's the gold standard for investors seeking direct exposure to the price of the yellow metal. The ETF's sole asset is gold bullion, which it stores in secure vaults at JPMorgan Chase (JPM +3.34%) and HSBC Bank (HSBC -1.12%).
Investors pay a premium for this leading gold ETF. It has a higher expense ratio than other ETFs that own physical gold bullion at 0.4%.
However, it's still relatively cheaper than shipping, insuring, and storing gold bars and coins, especially given its liquidity. Its large size makes it a favorite of institutional investors, such as pension funds, which use it to hedge against inflation and other risks.
iShares Gold Trust (IAU +0.83%) is almost identical to SPDR Gold Shares, making it another great way to invest directly in gold. It boasts a lower expense ratio than its larger rival (0.25%), making it an even lower-cost way to gain upside exposure to gold. It's also large (over $68 billion in AUM as of early May 2026) and highly liquid.
Owning shares in this ETF is a great proxy for owning physical gold without the hassle and expense of storing or insuring bars and coins. The ETF handles these items, storing its bullion in the London branch of JPMorgan Chase (nearly 15.4 million ounces as of June 2026). Overall, this gold ETF has done an excellent job of tracking gold's price, with only minor underperformance due to its expense ratio.
The Franklin Responsibly Sourced Gold ETF (FGDL +1.06%) holds physical gold. It only holds gold sourced from accredited refiners that demonstrate their commitment to environmental protection and to combating money laundering, terrorist financing, and human rights abuses. This responsibly sourced gold ETF has a low expense ratio of 0.15% and nearly $459 million in AUM as of June 2026. It held 103,188 ounces of gold in JPMorgan Chase Bank vaults in London.
The Goldman Sachs Physical Gold ETF (AAAU +0.87%) is another ETF that holds physical gold. Like iShares Gold Trust, this fund holds gold bullion in the London branch of JPMorgan Chase. It has a lower ETF expense ratio than its larger rivals at 0.18% and nearly $2.7 billion in AUM in June 2026.
The abrdn Physical Gold Shares ETF (SGOL +0.85%) also holds physical gold. However, it seeks to only hold London Good Delivery gold bullion bars refined on or after Jan. 1, 2012. All gold refined on or after that date has been refined in accordance with the London Bullion Market Association's Responsible Gold Guidance.
In addition to holding responsibly sourced gold, this ETF has a low expense ratio of 0.17%. It had nearly $7.6 billion in AUM in June 2026.

| Company name | Company ticker | Current price |
|---|---|---|
| SPDR Gold Shares | NYSEMKT:GLD | $411.27 |
| iShares Gold Trust | NYSEMKT:IAU | $84.28 |
| Abrdn Gold ETF Trust - Abrdn Physical Gold Shares ETF | NYSEMKT:SGOL | $42.66 |
| Goldman Sachs Physical Gold ETF | NYSEMKT:AAAU | $44.18 |
| VanEck ETF Trust - VanEck Gold Miners ETF | NYSEMKT:GDX | $86.40 |
| VanEck ETF Trust - VanEck Junior Gold Miners ETF | NYSEMKT:GDXJ | $111.90 |
| Franklin Templeton Trust - Franklin Responsibly Sourced Gold ETF | NYSEMKT:FGDL | $59.63 |
VanEck Vectors Gold Miners ETF (GDX +1.65%) is the largest ETF focused on major gold mining stocks. That makes it the best gold ETF for investors looking to invest in gold mining companies.
Shares of mining companies can outperform gold prices. They can benefit from the dual catalysts of production growth and a rising gold price. However, owning mining stocks is riskier than investing directly in gold, as cost inflation and other factors can lead to underperformance.
As of early June 2026, the ETF had over $26 billion in AUM and held 58 gold mining companies. Its top holdings included the largest gold mining companies in the world by market capitalization, led by the following five:
The market cap of the largest mining company on this list is almost $114 billion (Newmont), while the smallest is approaching $46 billion (Anglogold Ashanti). The gold ETF's top 10 holdings comprise over 60% of its assets, giving investors greater exposure to the world's largest gold mining companies and making the ETF ideal for investors seeking quality over quantity. The fund offers this exposure to the top gold mining stocks at a reasonable cost (0.51% expense ratio).
VanEck Vectors Junior Gold Miners ETF (GDXJ +0.92%) offers the greatest upside potential because it focuses on smaller mining companies, known as junior gold miners, many of which are still exploration-stage companies. These smaller miners could expand production faster and deliver higher returns than their larger rivals.
However, the higher reward potential comes with more risk because they lack the scale and financial resources of their larger rivals. A misstep, such as cost overruns in a mine development, could be more costly for investors.
VanEck Vectors Junior Gold Miners ETF is reasonably large (over $8.4 billion in AUM as of early June 2026) and has a relatively low expense ratio (0.52%). The gold ETF has 121 holdings. Its five largest are:
These mining companies are smaller than those held by VanEck Vectors Gold Miners ETF. The largest holding on the list has a market cap of about $19.2 billion (Coeur Mining). The ETF's top 10 holdings make up almost 45% of its assets. The fund provides investors with broad exposure to several up-and-coming gold and silver mining stocks.