SPDR Gold Minishares Trust (GLDM)

Interestingly, three of those four precious metals ETFs are beating the S&P 500 this year. In theory, the performances of precious metals stocks and funds should be better. The world is awash in easy monetary policies, which is depressing interest rates. As just one example, gold is more appealing when interest rates decline because bullion doesn't pay coupons or dividends.