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GraniteShares Gold Shares

BAR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 31 2017
Expense Ratio
0.17%
Type
Global Commodities & Metals
Fund Owner
GraniteShares
Volume (1m avg. daily)
$8,007,664
AUM
$958,012,200
Associated Index
LBMA Gold Price
Inverse/Leveraged
No
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

n/a
PHYSICAL GOLD BULLION
100.00%
n/a
CASH
0.00%
Invest with BAR

What is BAR?

The GraniteShares Gold Trust is designed to seek the performance of the price of gold, less trust expenses. GraniteShares Gold Trust (the Trust ) will issue GraniteShares Gold Shares ( Shares ) which represent units of fractional undivided beneficial interest in the net assets of the Trust. The Trust will seek to reflect generally the performance of the price of gold. The Trust will seek to reflect such performance before payment of the Trust s expenses and liabilities. GraniteShares LLC (the Sponsor ) is the sponsor of the Trust; The Bank of New York Mellon (the Trustee ) is the trustee of the Trust; and ICBC Standard Bank Plc (the Custodian ) is the custodian of the Trust.

ETFs related toBAR

ETFs correlated to BAR include CLOZ, GLD, GLDM

BARGraniteShares Gold Trust - GraniteShares Gold Shares
CLOZSeries Portfolios Trust - Panagram BBB-B CLO ETF
Expense Ratio0.50%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
GLDSSgA Active Trust - SPDR Gold Shares ETF
GLDMWorld Gold Trust - SPDR Gold MiniShares Trust
SESGSprott Funds Trust. - Sprott ESG Gold ETF
IAUBlackRock Institutional Trust Company N.A. - iShares Gold Trust
IAUMBlackRock Institutional Trust Company N.A. - iShares Gold Trust Micro
AAAUGoldman Sachs Physical Gold ETF Trust - Goldman Sachs Physical Gold ETF
UGLProShares Trust - ProShares Ultra Gold 2x Shares
SGOLabrdn ETF - abrdn Physical Gold Shares ETF
OUNZMerk Investments LLC - VanEck Merk Gold Trust

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Disclaimers

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We show information directly obtained from our data provider, XigniteData shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our providerInformation provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.