SPDR Gold Shares
When the stock market gets shaky, some investors turn to gold — and there’s few easier ways to invest in the little yellow metal than the SPDR Gold Shares (NYSE:GLD) exchange-traded fund.
This ETF is actually backed by physical bullion — currently amounting to a whopping $71 billion — stored in vaults, with each unit representing a tenth of an ounce of gold.
Gold was one of the few asset classes to generate a positive return during the 2008-09 financial crisis, with GLD gaining nearly 5%. But as seen by its S&P-matching return since the depths of the crisis, GLD doesn’t need a weak market to achieve strong results.
GLD charges a low 0.4% in expenses.