BAR — GraniteShares Gold Trust

BAR Price Performance — Growth of $10,000

Value of a $10,000 investment in BAR over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

BAR Drawdown

The "underwater" chart: BAR's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

GraniteShares Gold Trust (BAR) is a commodities fund issued by Graniteshares with $1.46 billion in assets under management. It holds a C grade (58.2/100) and ranks 17th out of 22 peers in its category, placing it in the lower tier of similar offerings. The fund’s expense ratio of 0.1749% is notably lower than the category median of 0.595%, offering a cost advantage. It generates no dividend income, matching the category median yield of 0.00%. Holdings data is not available for this trust.

The fund’s price sits at 40.1% of its 52-week range, reflecting a recent price of $43.28. Short-term momentum is positive, with one-day and one-week returns of +0.84% and +1.69% respectively. However, the six-month return of -15.47% contrasts sharply with the strong one-year gain of +20.66%. This one-year performance trails the category median of +30.36%. The rating has remained unchanged at grade C over the last 35 tracked days, and price history is available for 3.0 years.

With a beta of 0.45, the fund exhibits less sensitivity to overall market movements than the broader index. Annualized volatility stands at 28.98%, which is classified as High. The Sharpe ratio of 0.54 suggests moderate risk-adjusted returns relative to the risk taken. A maximum drawdown of -26.32% indicates significant peak-to-trough declines in value. Liquidity is supported by an average daily volume of 225,145 shares and a tight bid/ask spread of 0.05%.

AI-generated summary based on the data on this page.

Market Backdrop

10-Year Treasury Yield: 4.80% (as of 2026-09-08) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.72 (as of 2026-09-08) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

BAR Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.05% and average daily volume is 225K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $1.46B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: BAR is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

BAR Performance History

How BAR Compares to Other Commodities ETFs