(AAAU) Goldman Sachs Physical Gold - Overview

Exchange: BATS • Country: USA • Currency: USD • Type: Etf • ISIN: US38150K1034

Etf: Physical, Gold, Bars, LBMA

Total Rating 93
Risk 83
Buy Signal 0.06
Risk 5d forecast
Volatility 50.4%
Relative Tail Risk -1.76%
Reward TTM
Sharpe Ratio 2.21
Alpha 68.15
Character TTM
Beta 0.032
Beta Downside -0.215
Drawdowns 3y
Max DD 13.68%
CAGR/Max DD 2.83

Description: AAAU Goldman Sachs Physical Gold January 14, 2026

The Goldman Sachs Physical Gold ETF (BATS: AAAU) holds only London-good-delivery bars and other non-numismatic gold, acquiring bullion from Authorized Participants in exchange for creation baskets and redeeming gold for surrendered baskets. Its performance tracks the LBMA Gold PM price.

Key metrics as of early 2024: the fund reports an expense ratio of 0.25 %, total assets under management of roughly $1.2 billion, and an average daily trading volume of about 1.5 million shares, yielding a low tracking error of 0.04 % versus the LBMA benchmark. The ETF’s price is highly sensitive to macro drivers such as U.S. dollar strength, real-interest-rate movements, and Federal Reserve policy, which together account for the majority of short-term gold price variance.

For a deeper dive into AAAU’s risk-adjusted performance metrics, the ValueRay platform offers a transparent, data-first view.

What is the price of AAAU shares?

As of February 07, 2026, the stock is trading at USD 48.87 with a total of 2,354,049 shares traded.
Over the past week, the price has changed by +2.11%, over one month by +10.22%, over three months by +24.41% and over the past year by +73.11%.

Is AAAU a buy, sell or hold?

Goldman Sachs Physical Gold has no consensus analysts rating.

What are the forecasts/targets for the AAAU price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 69.5 42.2%

AAAU Fundamental Data Overview January 31, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 2.97b USD (2.97b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 2.97b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 2.97b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.03% (E(2.97b)/V(2.97b) * Re(6.03%) + (debt-free company))
Discount Rate = 6.03% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for AAAU ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle