Tag: GLDM

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SSGA cuts fee on ‘MiniShares’ gold ETF to just 0.10% (GLDM)

State Street Global Advisors has reduced the expense ratio of the SPDR Gold MiniShares Trust (GLDM US) from 0.18% to just 0.10%, making it the cheapest physically backed gold exchange-traded product in the US in terms of sponsor fees. The move is timely, coming amid a surge in interest for safe-haven assets due to the escalating Russo-Ukrainian war.
— Read on www.etfstrategy.com/ssga-cuts-fee-on-minishares-gold-etf-to-just-0-10-98547/

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A Comparison of the 7 Physical Gold ETFs 1.5

  • Gold can be an excellent component of a diversified portfolio due to its low correlation to other asset classes
  • Gold has maintained its value against the backdrop of inflation, though it does move in synch with decreases or increases in the rate of inflation
  • Physical gold ETFs have made incorporating gold into an investment portfolio much easier, cheaper and potentially more profitable
  • There are 87 commodities focused currently available in the U.S.
  • Many of these ETFs are linked to the price of gold, but there are only 7 ETFs directly tied to the spot price of physical gold
  • This article will focus on those 7 Physical Gold ETFs

The reason that I and many other investors invest in gold is that it has near zero correlation to other major asset classes.

Gold ETF correlation to other Assets: 

Continue reading “A Comparison of the 7 Physical Gold ETFs 1.5”

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Top 5 Losers in the Deep Value ETF Accumulator Portfolio for 2021

Happy New Year to all. This year, as with most we had some winners and some losers in our portfolio. This isn’t out of the ordinary and we plan to always have at least a few losers each year in our massively diversified portfolios. These numbers were calculated by M1 Finance. These numbers do not include dividends received. These numbers are from our Traditional IRA which had no inflows or outflows of money other than dividends received. (Note: I did not include the ETFs that were added to the portfolio during 2021. SPEM, PSCH, XAR)

  1. CQQQ – CHINA REGION EQUITIES -23.88%
  2. EWY – SOUTH KOREA EQUITIES -7.59%
  3. ENZL – NEW ZEALAND EQUITIES -6.01%
  4. EDV – U.S. LONG DURATION TREASURIES -4.41%
  5.  GLDM – GOLD -3.98%

Many blessing to all of you in 2022.

The Deep Value ETF Accumulator (aka Micah)