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4 Best Gold ETFs to Hedge Against Stock Volatility (July 2026)

Back to libraryUnknown authorJul 18, 2026
4 Best Gold ETFs to Hedge Against Stock Volatility (July 2026)

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4 Best Gold ETFs to Hedge Against Stock Volatility (July 2026)

Gold ETFs can help diversify your portfolio and hedge against down markets.

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Gold's been on a wild 12-month ride, to say the least. While it's still up around 20% in the last year, in that period, it's risen as high as 60% at times, and fallen nearly 25% from those highs. In the last month, gold has hovered around $4,000 per ounce.

Gold's been on a wild 12-month ride, to say the least. While it's still up around 20% in the last year, in that period, it's risen as high as 60% at times, and fallen nearly 25% from those highs. In the last month, gold has hovered around $4,000 per ounce.

Below is our complete list of best-performing gold ETFs. We exclude gold exchange-traded notes and leveraged gold ETFs, which may come with added risk or fees.

Below is our complete list of best-performing gold ETFs. We exclude gold exchange-traded notes and leveraged gold ETFs, which may come with added risk or fees.

Best-performing gold ETFs

Best-performing gold ETFs

» Want to add these to your portfolio? See our list of the best brokers for ETF investing. These investment platforms offer a strong selection of tools for building a diversified portfolio, and our list only includes brokers that don't charge commissions for ETF trades.

» Want to add these to your portfolio? » Want to add these to your portfolio? See our list of the best brokers for ETF investing . These investment platforms offer a strong selection of tools for building a diversified portfolio, and our list only includes brokers that don't charge commissions for ETF trades.

The best-performing gold ETF by one-year return is iShares Gold Trust Micro (IAUM), which is up 21.83%.

The best-performing gold ETF by one-year return is iShares Gold Trust Micro (IAUM), which is up 21.83%.

The best-performing gold ETF by one-year return is iShares Gold Trust Micro (IAUM), which is up 21.83%.

Ticker

Ticker

Company

Company

Performance (Year)

Performance (Year)

IAUM

IAUM

iShares Gold Trust Micro

iShares Gold Trust Micro

21.83%

21.83%

GLDM

GLDM

SPDR Gold MiniShares Trust

SPDR Gold MiniShares Trust

21.81%

21.81%

FGDL

FGDL

Franklin Responsibly Sourced Gold ETF

Franklin Responsibly Sourced Gold ETF

21.78%

21.78%

AAAU

AAAU

Goldman Sachs Physical Gold ETF

Goldman Sachs Physical Gold ETF

21.74%

21.74%

Source: Finviz. Data is current as of July 15, 2026, and is intended for informational purposes only.

Source: Finviz. Data is current as of July 15, 2026, and is intended for informational purposes only.

What are gold ETFs?

What are gold ETFs?

Gold ETFs are exchange-traded funds that give investors exposure to gold without having to directly purchase, store and resell the precious metal. Some gold ETFs track the price of gold, while others invest in companies in the gold-mining industry.

Gold ETFs are exchange-traded funds that give investors exposure to gold without having to directly purchase, store and resell the precious metal. Some gold ETFs track the price of gold, while others invest in companies in the gold-mining industry.

As with other types of ETFs, the issuing company buys stock in gold-related companies or purchases and stores gold bullion itself. Investors buy shares in the fund, whose value rises and falls with the underlying gold price or company stock value.

As with other types of ETFs, the issuing company buys stock in gold-related companies or purchases and stores gold bullion itself. Investors buy shares in the fund, whose value rises and falls with the underlying gold price or company stock value.

» MORE: 4 more ways to invest in gold

» MORE: » MORE: 4 more ways to invest in gold Make sense of the markets with The Nerdy Investor A weekly wrap on what's moving markets, plus two monthly deep-dives on how to improve your investing, straight to your inbox. Subscribe for free

How to invest in gold ETFs

How to invest in gold ETFs

Here’s how to buy shares in a gold ETF:

Here’s how to buy shares in a gold ETF:

Step 1: Find a gold ETF

Step 1: Find a gold ETF

You can typically find gold ETFs by searching for them on your broker's website. (No broker? Here's how to open a brokerage account.)

You can typically find gold ETFs by searching for them on your broker's website. (No broker? Here's how to open a brokerage account .)

Step 2: Analyze the ETF

Step 2: Analyze the ETF

It's important to research ETFs before buying, just as you'd research stocks. Two things to check before purchasing shares in a gold ETF:

It's important to research ETFs before buying, just as you'd research stocks. Two things to check before purchasing shares in a gold ETF:

Five-year returns. Most (but not all) gold ETFs are pegged to spot gold price, so returns should align with gold price moves.

Five-year returns. Five-year returns. Most (but not all) gold ETFs are pegged to spot gold price, so returns should align with gold price moves.

Expense ratio. This is the ETF's annual fee, paid out of your investment in the fund. Look for a low one.

Expense ratio. Expense ratio. This is the ETF's annual fee, paid out of your investment in the fund. Look for a low one.

And two important notes: The average investor may want to exercise caution around  buying leveraged gold ETFs — these use financial derivatives and borrowed money to make bets on future price movements. Another asset to be cautious about is gold exchange-traded notes. ETNs are secured debt obligations that don’t actually own the underlying gold (unlike ETFs) and have a greater risk of credit default.

And two important notes: The average investor may want to exercise caution around  buying leveraged gold ETFs — these use financial derivatives and borrowed money to make bets on future price movements. Another asset to be cautious about is gold exchange-traded notes. ETNs are secured debt obligations that don’t actually own the underlying gold (unlike ETFs) and have a greater risk of credit default.

These investments are more for professional investors and generally not suitable for the buy-and-hold strategy favored by many retirement investors.

These investments are more for professional investors and generally not suitable for the buy-and-hold strategy favored by many retirement investors.

Step 3: Buy the gold ETF

Step 3: Buy the gold ETF

You can buy ETFs through an online broker just like you’d buy a stock. One approach is to buy them regularly to take advantage of dollar-cost averaging. This strategy means contributing a fixed dollar amount on a set schedule.

You can buy ETFs through an online broker just like you’d buy a stock. One approach is to buy them regularly to take advantage of dollar-cost averaging. This strategy means contributing a fixed dollar amount on a set schedule.

» Ready to invest? See our list of the best brokers for ETF investing.

» Ready to invest? » Ready to invest? See our list of the best brokers for ETF investing .

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NWWP is an SEC-registered investment adviser. Registration does not imply skill or training. The calculator is provided for informational and educational purposes only.

NWWP is an SEC-registered investment adviser. Registration does not imply skill or training. The calculator is provided for informational and educational purposes only. Neither the author nor editor held positions in the aforementioned investments at the time of publication. Neither the author nor editor held positions in the aforementioned investments at the time of publication. Neither the author nor editor held positions in the aforementioned investments at the time of publication. About the authors Alana Benson Alana Benson Alana Benson is an investing writer who covers socially responsible and ESG investing, financial advice and beginner investing topics. Her work has appeared in The New York Times, The Washington Post, MSN, Yahoo Finance, MarketWatch and others. See full bio. Kevin Voigt Kevin Voigt Kevin Voigt is a former investing writer for NerdWallet. He has covered financial issues for more than 20 years, including for The Wall Street Journal and CNN.com. See full bio.

Helpful resources

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