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ETFs

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)
$11,022,917
AUM
$920,887,800
Associated Index
LBMA Gold Price
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

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 GLDM, GLD, IAU

BAR
GraniteShares Gold Trust - GraniteShares Gold Shares
GLDM
World Gold Trust - SPDR Gold MiniShares Trust
GLD
SSgA Active Trust - SPDR Gold Shares ETF
IAU
BlackRock Institutional Trust Company N.A. - iShares Gold Trust
UGL
ProShares Trust - ProShares Ultra Gold 2x Shares
IAUM
BlackRock Institutional Trust Company N.A. - iShares Gold Trust Micro
SGOL
abrdn ETF - abrdn Physical Gold Shares ETF
OUNZ
Merk Investments LLC - VanEck Merk Gold Trust
AAAU
Goldman Sachs Physical Gold ETF Trust - Goldman Sachs Physical Gold ETF
GLTR
abrdn ETF - abrdn Physical Precious Metals Basket Shares ETF
GDX
VanEck ETF Trust - VanEck Gold Miners ETF

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.

Automated Strategies
Related toBAR

#DGD

Diversify with Gold & the Dollar

Category

Building Blocks, Getting Defensive, Diversification

Risk Rating

Aggressive

#SPIRAL

Stoic Finance Presents: Inflation Spiral Hedge

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BAR using Composer

FAQ

BAR is a Global Commodities & Metals ETF. 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.

BAR tracks the LBMA Gold Price.

No, BAR 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, BAR 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 BAR is -0.0011%. This is the percent change in the value of BAR over the most recent 1-month period. The 3-month return on BAR is -0.0047%. This is the percent change in the value of BAR over the most recent 3-month period.

The standard deviation of BAR for the past year is 0.1428%. 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 BAR include CPER, PPLT, and SIVR.

ETFs correlated to BAR include GLDM, GLD, and IAU.

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

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data 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 provider. Information 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.