Cryptocurrency Q&A
Which ETF is best for gold?
Which ETF is best for gold?
Michele
Sat Jul 27 2024
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answers
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When it comes to investing in gold through an Exchange-Traded Fund (ETF), there are several options to consider. But which one is the best fit for my portfolio? Is it the one that tracks the spot price of gold most closely, or perhaps the one with the lowest expense ratio? And how do I factor in the performance of the ETF over time, as well as its liquidity and trading volume? As an investor, I want to make sure I'm making an informed decision that aligns with my financial goals and risk tolerance. So, which gold ETF is truly the best choice?
5 answers
Lucia
Mon Jul 29 2024
The Kotak Exchange Traded Funds occupy the third position, offering investors a market cap of 3,161 Crores and a 5-year return of 98.29%. Despite its larger size, the fund has managed to maintain a consistent and attractive return profile, making it a compelling investment option.
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Valentina
Mon Jul 29 2024
Axis Exchange Traded Funds, with a market cap of 790 Crores and a 5-year return of 97.86%, rounds up the top four list. The fund's solid performance reflects its commitment to delivering competitive returns while managing risks effectively.
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Daniele
Mon Jul 29 2024
The Indian financial market boasts several prominent Gold Exchange Traded Funds (ETFs), each offering unique investment opportunities for diverse portfolios. When assessing these funds based on their 5-year return, a clear hierarchy emerges, showcasing the top performers in the country.
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ethan_thompson_journalist
Mon Jul 29 2024
At the forefront of this list stands the Invesco India Gold Exchange Traded Fund, which boasts a market capitalization of 102.91 Crores and an impressive 5-year return of 101.87%. This performance underscores the fund's ability to deliver stable and significant returns over the long term.
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Daniele
Mon Jul 29 2024
Following closely behind is the IDBI Gold Exchange Traded Fund, with a market cap of 110 Crores and a 5-year return of 100.89%. This fund's performance is a testament to its robust investment strategy and effective management, making it a popular choice among investors seeking exposure to the gold market.
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