|Bid||8.78 x 1300|
|Ask||9.18 x 1300|
|Day's Range||8.86 - 9.01|
|52 Week Range||7.55 - 9.35|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.50%|
Advisors and investors consistently prove that when it comes to exchange traded funds, fees matter and that is true across any asset class, including commodities. Just look at the GraniteShares Gold Trust ...
The end of 2018 may have burned an image of volatility in investors’ minds that would drive their decisions when reassessing their portfolios for 2019. As such, alternatives to diversify and counteract volatility are on the investment agenda, making exchange-traded funds (ETFs) focused on commodities and alternative investments a prime alternative--something evident in GraniteShares' latest milestone. GraniteShares, a disruptive ETF company, has become one of the fastest-growing asset managers in the U.S. by accumulating over $500 million in assets under management (AUM), representing 1,180 percent growth over the last year alone.
This surge is led by the GraniteShares Gold Trust (NYSE Arca: BAR), which has swelled past $430 million in AUM**, having already attracted $113 million in 2019. With an expense ratio of just 17.49 basis points, BAR is one of the lowest-cost ways to invest in gold.
Firm celebrates impressive AUM milestone while its gold ETF reemerges as the most affordable investment option in the space, joining GraniteShares’ COMB, COMG and PLTM as low-cost
GraniteShares, a new, innovative ETF company, has attracted more than $300 million in assets under management (AUM)*, to its low-cost commodity** and income ETF suite on the heels of the firm’s one-year anniversary. GraniteShares was able to cross this threshold after reporting strong inflows across its ETF product suite, most notably to the GraniteShares Gold Trust (NYSE Arca: BAR). Since inception, BAR and the other ETFs on the GraniteShares platform have continued to gain momentum as more investors recognize the potential benefits of diversifying their portfolios with commodities.