What Are Commodity ETFs, Such as Gold and Oil ETFs, and Can I Buy Them on Pluang?
Commodity ETFs track the price of a raw material such as gold or crude oil, and on Pluang you can trade US-listed ones like GLD, IAU, USO and BNO in USD through US Stocks. US Stocks and ETFs on Pluang are facilitated by PT PG Berjangka, a Financial Derivatives Trading Intermediary for derivative products with securities as the underlying asset, licensed and supervised by OJK. Gold ETFs such as GLD and IAU hold physical gold, while oil ETFs such as USO and BNO hold oil futures contracts, so their returns can drift away from the spot oil price over time. The list in the app can change, so check it for the current choice.
Commodity ETFs on Pluang at a glance
| Type | Examples on Pluang | What the fund holds | Point to know |
|---|---|---|---|
| Physical gold | GLD, IAU, AAAU, SGOL | Gold bullion | Follows the gold price closely, before fund costs |
| Gold miners | GDX, GDXJ | Shares of gold-mining companies | Moves with the miners' share prices, not only with gold |
| Crude oil | USO, BNO, DBO | Oil futures contracts | Rolling futures can make returns drift from the spot oil price |
| Natural gas, 2x | BOIL | Natural gas futures, with 2x daily leverage inside the fund | Built for short holding periods, because it resets daily |
A position in any of these ETFs is a derivative contract through PT PG Berjangka that follows the ETF's price, priced and settled in USD. The regular US Stocks fees apply: a transaction fee of 0.2% for Pluang Plus members or 0.3% for Regular users, plus VAT, the JFX & KBI fee, and small US regulatory fees on sales.
Gold ETFs and Pluang digital gold are different products
| Gold ETF (GLD, IAU and others) | Pluang digital gold | |
|---|---|---|
| Currency | USD | IDR |
| What you hold | ETF units | Grams of gold |
| Where to find it | US Stocks | Gold |
| Facilitated by | PT PG Berjangka, supervised by OJK | PT Pluang Emas Sejahtera, supervised by Bappebti |
Commodity ETFs that hold only gold or futures usually pay no regular dividend, because the commodity itself earns no income.
Learn more: GLD, the gold ETF on Pluang and how the USO oil ETF works.
Related questions:
Q: Is a gold ETF the same as Pluang's digital gold?
No. A gold ETF such as GLD or IAU is a USD-priced US ETF in your US Stocks portfolio, facilitated by PT PG Berjangka. Pluang digital gold is held in grams, priced in IDR and facilitated by PT Pluang Emas Sejahtera under Bappebti. You can hold either or both.
Q: Why can an oil ETF's return differ from the price of crude oil?
Oil ETFs such as USO and BNO hold futures contracts, not barrels of oil. As each contract nears expiry, the fund sells it and buys a later one, and the price gap between the two contracts can add to or subtract from returns over time.
Q: Do commodity ETFs pay dividends?
Usually not. Gold and oil earn no income, so funds that hold only bullion or futures rarely pay a distribution. Gold-miner ETFs such as GDX hold company shares and can pay dividends when those companies do.
Q: What fees apply when I trade a commodity ETF on Pluang?
The same fees as any US Stock or ETF: a transaction fee of 0.2% for Pluang Plus members or 0.3% for Regular users, plus VAT, the JFX & KBI fee, and small SEC, TAF and CAT fees on sales. The fund's own annual cost, the expense ratio, is built into its price.
Last updated: 6 November 2026