IAU ETF Charges 0.25% Fee ($250 on $100K) with Moderate Liquidity
IAU•
IAU•IAU holds roughly one-fiftieth of an ounce of gold per share and charges a 0.25% annual fee, translating to a $250 cost on a $100,000 position. It ranks second in AUM among physical gold ETFs and offers moderate liquidity with a thinner options market compared with GLD.
IAU charges a 0.25% annual expense ratio and holds approximately one-fiftieth of an ounce of gold per share, equating to a $250 annual cost on a $100,000 investment.
The ETF ranks second by AUM among physical gold funds, trailing GLD, and offers moderate liquidity for sizeable trades, outperforming GLDM in this regard.
IAU’s options market is thinner than GLD’s deep liquidity but more active than GLDM’s, influencing covered-call, put-writing, and hedging strategies.
IAU is taxed as a collectible at a 28% long-term rate in taxable accounts, making tax-advantaged vehicles like IRAs preferable for holding significant gold positions.