Goldman Sachs Physical Gold ETF Shares

AAAU is a Global Commodities & Metals ETF. The Trust s primary objective is to provide investors with an opportunity to invest in gold through the shares, and have the gold securely stored by Gold Corporation (the Custodial Sponsor). An additional objective of the Trust is for the shares to reflect the performance of the price of gold less the expenses of the Trust s operations. The Trust is not actively managed. Gold Corporation (the Custodial Sponsor) and Exchange Traded Concepts, LLC (the Administrative Sponsor and, together with Custodial Sponsor, the Sponsors) are the Trusts sponsors. Gold Corporation also serves as the custodian of the Trust s gold bullion, and The Bank of New York Mellon (BNYM) is the trustee of the Trust.

AAAU tracks the Gold - London PM Gold Price.

No, AAAU is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, AAAU is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on AAAU is -0.0009%. This is the percent change in the value of AAAU over the most recent 1-month period. The 3-month return on AAAU is -0.0043%. This is the percent change in the value of AAAU over the most recent 3-month period.

The standard deviation of AAAU for the past year is 0.1417%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to AAAU include CPER, PPLT, and SIVR.

ETFs correlated to AAAU include UGL, IAUM, and GLD.

ETFs that are inversely correlated to AAAU include GLL, GDXD, and DUST.