Is A Cheaper Gold ETF A Better Gold ETF?

One of the most interesting developments in the ETF market over the last several years has been the extent to which investors have embraced these securities as opportunities to add commodity exposure to traditional stock-and-bond portfolios. Within the commodity space, no single fund has enjoyed a more impressive rise than the SPDR Gold Trust (GLD), which took in more than $7 billion in the first two quarters of 2010 and finished June with total assets of about $52 billion. That makes GLD the second largest U.S.-listed ETF by total assets, and it isn’t far-fetched to imaging that it will soon take over the number one spot [see Why GLD Will Overtake SPY]. GLD isn’t the only physically-backed gold ETF on the market, but it is by far the biggest; ETF Securities’ SGOL has about $600 million in assets, while the iShares COMEX Gold Trust (IAU) finished June at about $3.4 [...] Click here to read the original article on ETFdb.com. Related Stories: The Definitive Gold ETF Guide: Gold Bullion ETFs 101 Why You Need A Swiss Gold ETF How Big Can The Gold ETF Get?