This ETC (Exchange Traded Commodity) offers investors direct exposure to the spot price of gold, with each unit backed by allocated physical bullion held in secure vaults. Gold is a globally recognised store of value, trusted across economies and cultures for centuries.
The ETC tracks the London Bullion Market Association (LBMA) Gold Price, adjusted for a small annual fee. It’s ideal for investors seeking portfolio diversification using a time-tested commodity that offers a lower risk level than equities investment.
This ETC is a single asset product, so doesn’t necessarily offer the same market diversity as a fund with many different assets. The performance is driven purely by gold market dynamics, such as inflation trends, interest rates, and geopolitical risk. Its primary role is capital preservation and risk mitigation, not sectoral growth.
In a physically backed Exchange Traded Commodity (ETC), the issuer buys and stores the commodity, and each unit of the ETC corresponds to a specific amount of that physical asset. Investors benefit from daily liquidity, low costs, and exposure to commodity price movements, while avoiding storage, insurance, and security concerns themselves.
HSBC Asset Management is part of the wider HSBC Group, boasting over 50 years experience and managing $600 billion (2024).
HSBC focuses on bringing investors a low-cost range of investment products, with particular strength in global equity and ESG offerings.
VanEck is a privately-held global investment manager with 70 years experience and $114 billion in assets under management (as of mid-2024). Over the last 19 years, VanEck has pioneered over 100 specialty ETFs across a range of innovative thematic sectors such as gold, semiconductors, emerging markets, gaming and others.
iShares ETFs are managed by BlackRock, the world’s largest asset manager, with over three decades of experience in index investing. The team applies rigorous quantitative research and disciplined risk management to deliver diversified, cost-effective market exposure.
With a strong emphasis on transparency and innovation, iShares products are built to support efficient, long-term investment strategies.
BlackRock is the world’s largest asset manager. Founded in 1988, it provides a wide range of investment products and services to institutions, financial professionals, and individual investors worldwide.
Invesco is a global asset manager with over $1.4 trillion in assets (2024). They offer over 240 ETFs, covering equities, fixed income, commodities and thematics.
Founded in 1935, Invesco brings 90 years of experience creating reliable, investor-first solutions.
Vanguard has been providing investment solutions to everyday investors since the 1970s. Today, it manages $10 trillion for over 50 million investors worldwide (2024), sticking to a philosophy of low costs, transparency, and long-term thinking.
State Street Investment Management launched its first ETF in 1993, and has been managing client assets for 47 years. As of March 2025, State Street’s Investment Management division holds $4.67 trillion in assets under management, is the third largest ETF provider and fourth largest asset manager in the world.
Established in 1836, Legal & General (L&G) manages over £1 trillion in assets across equities, bonds, real assets, and multi-asset products. Their asset management arm manages over £517 billion across more than 400 index solutions.
WisdomTree is a global asset manager based in New York. With $116 billion under management (as of April 2025), they are a trusted provider of over 260 ETPs (Exchange Traded Products).
Their investment product philosophy seeks to use unique research to provide investors access to traditionally inaccessible asset classes.
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Avg. annual returns
27/06/2020 - 27/06/2025
+
12.85%
-
12.85%
Fund Provider
Invesco
Management Charges
0.19%
Risk level
6 of 7
Category
Commodities
Region
Global
An ETC (Exchange-Traded Commodity) is similar to an ETF, but it invests in a single commodity like gold instead of a basket of stocks or bonds.
Yes, for beginners, a gold ETC like this offers a simple, low-cost way to gain exposure to gold without the hassle of storage or security.
You don’t own the gold bars directly, but your investment is secured by real, physical gold held in a vault on behalf of all ETC investors.
No — while gold can be a valuable part of your portfolio, it’s generally best used as a diversifier, not your only investment.
A balanced portfolio typically includes a mix of equities, bonds, cash, and alternative assets like gold, helping you manage risk and benefit from different market conditions.
No — while gold can be a valuable part of your portfolio, it’s generally best used as a diversifier, not your only investment.
A balanced portfolio typically includes a mix of equities, bonds, cash, and alternative assets like gold, helping you manage risk and benefit from different market conditions.
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