iShares Physical Gold ETC is a commodities ETF from iShares tracking the Physical gold (LBMA) index through physical (full) replication. Domiciled in Ireland and launched in 2011, the fund manages about 30 bn € and charges a TER of 0.12% — 12 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).
iShares Physical Gold ETC competes with 2 other products on the same index (Physical gold (LBMA)): it ranks 1st by fund size and 1st by ongoing cost, with a TER of 0.12% against a group median of 0.12%. It has been listed since 2011, 15 years of track record.
On a €10,000 investment the TER costs 12 € a year. The cheapest of the group is Invesco Physical Gold ETC at 0.12%, or 12 € on the same amount: a difference of 0 € every year, roughly 0 € over ten years before compounding.
This is an ETC, not a UCITS fund: a debt security backed by the physical commodity actually held in custody. There is no basket of shares to replicate — the value tracks the price of the underlying.
It pays no income: the underlying commodity produces none, so the value depends solely on its price. The fund is denominated in USD, the currency the commodity itself is priced in: for a euro investor the currency exposure follows that, not the trading currency of any individual listing.
The fund is domiciled in Ireland, which determines the tax treatment of income received by the fund and the supervisory authority.
| XETRA | PPFB | EUR |
| Francoforte | PPFB | EUR |
| London Stock Exchange | SGLN | GBX |
| London Stock Exchange | IGLN | USD |
| London Stock Exchange | EGLN | EUR |
Source: the fund's KID and the issuer's official documentation — data verified as of July 2026.
This page is informational and is not an investment recommendation. Figures may contain errors or be out of date: always check the KID and the issuer's factsheet before any decision.