iShares Gold Trust Micro (IAUM): How to Buy
Stepping back from fees, it is important to understand why you want gold in the first place. Gold can be a hedge against inflation, geopolitical stress, and currency risk. It diversifies a portfolio because it behaves differently from stocks or bonds. At the same time, gold can be volatile and does not generate income.
If these characteristics fit your goals, choosing this fund over other physical gold ETFs or over bullion provides easier trading, lower spreads, and the simplicity of holding gold exposure in a standard account.
Does the iShares Gold Trust Micro pay a dividend?
The iShares gold ETF does not pay dividends. Gold does not produce income, so there is nothing for the fund to distribute.
What is the iShares Gold Trust Micro’s expense ratio?
The expense ratio is 0.09%, meaning the cost is $9 per year for every $10,000 invested. This fee is deducted from the trust’s assets over time and reflected in the daily net asset value.