(IAU) Gold Trust - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US4642852044

Etf: Gold, Bullion, Trust, ETF

Total Rating 93
Risk 82
Buy Signal 0.57
Risk 5d forecast
Volatility 50.9%
Relative Tail Risk -1.54%
Reward TTM
Sharpe Ratio 2.20
Alpha 68.14
Character TTM
Beta 0.031
Beta Downside -0.219
Drawdowns 3y
Max DD 13.78%
CAGR/Max DD 2.80

Description: IAU Gold Trust January 29, 2026

The iShares Gold Trust (IAU) is a passively managed ETF that aims to mirror the price performance of physical gold - before expenses and liabilities - without engaging in any active trading or hedging strategies. Its design is intended to provide investors with a low-cost, liquid proxy for owning gold, sidestepping the logistical complexities (assay, transport, storage, insurance) associated with holding the metal directly.

As of the most recent filing (Q4 2025), IAU carries an expense ratio of 0.25%, holds roughly $33 billion in assets under management, and has exhibited a 1-year tracking error of 0.15% relative to the spot gold price, indicating tight replication efficiency. The fund’s net asset value has risen in line with gold, which has appreciated about 8% year-to-date amid heightened inflation expectations.

Key macro drivers for gold and, by extension, IAU include real-interest-rate movements (gold typically gains when real yields are negative), U.S. inflation data (core CPI has been running above the Fed’s 2% target), and geopolitical risk premiums. Recent Federal Reserve minutes suggest a slower pace of rate hikes, which could sustain a low-real-yield environment favorable to gold.

For a deeper, data-driven assessment of how IAU fits within a diversified portfolio, you might explore ValueRay’s analytical tools to evaluate its risk-adjusted performance across different market regimes.

What is the price of IAU shares?

As of February 08, 2026, the stock is trading at USD 93.24 with a total of 11,779,112 shares traded.
Over the past week, the price has changed by +2.24%, over one month by +10.19%, over three months by +24.37% and over the past year by +73.02%.

Is IAU a buy, sell or hold?

Gold Trust has no consensus analysts rating.

What are the forecasts/targets for the IAU price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 132.5 42.1%

IAU Fundamental Data Overview February 07, 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 = 78.64b USD (78.64b + (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 78.64b)
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 78.64b / 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(78.64b)/V(78.64b) * 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 IAU ETF

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