The lowest-fee ETFs that follow the gold price.
- First0.15%a yearGXLD · Global X Gold Bullion ETFGlobal X0.05% average spread · $766m investedGo to site
- Second0.15%a yearPMGOLD · Perth Mint GoldPerth Mint0.055% average spread · $2.43bn investedGo to site
- Third0.18%a yearGLDN · iShares Physical Gold ETFiShares0.058% average spread · $458m investedGo to site
Ranked by the management fee (MER) a year, lowest first; a tie goes to the narrower average bid/ask spread. Leaves out gold miners’ shares, baskets of several metals and complex products. Compares 5 issuers, not the whole market.
The other 4 ETFs
Ranked by the management fee (MER) a year, lowest first; a tie goes to the narrower average bid/ask spread.
| # | ETF | Spread | Fund size | Gold | Links |
|---|---|---|---|---|---|
| 4 |  | 0.081% | $248m | 0.25%a year0.10 above first ranked | Go to site |
| 5 |  | 0.065% | $240m | 0.35%a year0.20 above first ranked | Go to site |
| 6 | | 0.037% | $5.79bn | 0.40%a year0.25 above first ranked | Go to site |
| 7 |  | 0.055% | $1.17bn | 0.59%a year0.44 above first ranked | Go to site |
- 4NUGG · VanEck Gold Bullion ETFVanEck0.25%a year0.10 above first ranked0.081% average spread · $248m invested
- 5GHLD · Global X Gold Bullion (Currency Hedged) ETFGlobal X0.35%a year0.20 above first rankedHedged · 0.065% average spread · $240m invested
- 6GOLD · Global X Physical GoldGlobal X0.40%a year0.25 above first ranked0.037% average spread · $5.79bn invested
- 7QAU · Betashares Gold Bullion ETF (Currency Hedged)Betashares0.59%a year0.44 above first rankedHedged · 0.055% average spread · $1.17bn invested
Each follows the gold price. A hedged fund removes the effect of the Australian dollar’s moves against the US dollar, and is marked Hedged.
Rank them on your answers
Ranked here on one figure. The questions price a year on your own amounts, in the market you choose.
Start 6 quick questions · 2 minOr see every one at once
Every ETF in one list with every figure. Sort and filter it yourself.
As of 14 October 2026, among the gold ETFs and gold-backed products on the ASX that BankMate tracks, the lowest management fee is 0.15% a year, at GXLD (Global X Gold Bullion ETF). How we rank →