ABRDN Physical Gold Shares ETF vs Utilities Select Sector SPDR Fund — how do they compare? ABRDN Physical Gold Shares ETF trades at $38.89, while Utilities Select Sector SPDR Fund trades at $44.86. The key difference: Utilities Select Sector SPDR Fund is trading nearer its 52-week high, ABRDN Physical Gold Shares ETF nearer its low. Which is the better fit depends on your goals.
| SGOL | XLU | |
|---|---|---|
Sector | Commodities - Metals/Agriculture | — |
52-Week High | $51.41 | $47.73 |
52-Week Low | $31.18 | $41.31 |
Trailing returns across standard periods
SGOL is an ETF that is designed to track the performance of the price of gold bullion. The fund is backed by physical gold held in secured vaults, which is allocated to the ETF's custodian account. By providing direct ownership of gold without the need for physical storage or insurance, SGOL offers investors a convenient and cost-effective way to gain exposure to the gold market.
Read more on SGOL →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
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