Goldman Sachs Physical Gold ETF vs VanEck Gold Miners ETF. Is Bullion or Miners the Better Way to Invest in Gold in 2026?
The Goldman Sachs Physical Gold ETF offers a lower expense ratio and direct exposure to gold, while the VanEck Gold Miners ETF provides higher returns but with greater volatility due to its focus on mining equities. Investors must consider these differences when choosing between the two for gold investment in 2026.
For an investor focused on gold exposure, the VanEck Gold Miners ETF (GDX) currently offers a compelling opportunity with its higher historical returns and dividend yield despite greater volatility compared to the Goldman Sachs Physical Gold ETF (AAAU). If you're seeking higher risk-adjusted returns and potential dividend income during the ongoing gold rally, consider integrating the VanEck fund into your portfolio, especially if you can manage its volatility and higher expense ratio.