GHLD ETF: How Global X Gold Bullion (Currency Hedged) ETF Works

Overview

Global X Gold Bullion (Currency Hedged) ETF (GHLD) gives Australian investors a focused way to access gold bullion exposure through an exchange-traded fund. Its currency-hedged design is central to how the product is positioned, while its concentrated exposure means returns remain closely linked to the gold market.

Category

Gold bullion funds provide focused exposure to the price of gold rather than to a broad portfolio of operating companies. GHLD adds currency hedging to that exposure, making it distinct from products whose returns also reflect unhedged currency movements.

Gold bullion exposure can be used to express a view on the gold market, while the currency-hedged approach makes foreign-exchange treatment part of the product’s design. GHLD’s supplied returns show a -5.429% year-to-date result alongside a 5.528% one-year return, illustrating how performance can differ across measurement periods.

Key facts

Ticker

GHLD

Exchange

AU

ISIN

AU0000334476

Provider

Global X Management (AUS) Ltd

Domicile

Australia

Currency

AUD

Inception date

2025-03-27

UCITS

No

Holdings count

1

Costs

AUM

238.2M

The supplied profile does not include a total expense ratio or other ongoing-cost figure, so the fund’s costs cannot be assessed from these details.

Performance

YTD

-5.4%

1 year

5.5%

Dividend yield

0.00%

Holdings

The supplied profile indicates one holding, but does not provide its name or detailed composition. It therefore supports only a broad description of the fund as focused on gold bullion exposure.

Regions

• Japan0.0%

• Australasia0.0%

• Asia Emerging0.0%

• Latin America0.0%

• North America0.0%

• Asia Developed0.0%

• United Kingdom0.0%

• Europe Emerging0.0%

• Europe Developed0.0%

• Africa/Middle East0.0%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

Sectors

• Energy0.0%

• Utilities0.0%

• Healthcare0.0%

• Technology0.0%

• Industrials0.0%

• Real Estate0.0%

• Basic Materials0.0%

• Consumer Cyclicals0.0%

• Consumer Defensive0.0%

• Financial Services0.0%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

Related ETFs

GHLD can be compared with other gold products by considering their currency treatment, investment structure, costs and income profile. The supplied profile does not identify a verified benchmark for this ETF.

Risks

Who it may suit

GHLD may interest investors seeking targeted gold bullion exposure with currency hedging in an Australian-listed ETF. Its concentrated, single-holding profile and exposure to gold-price movements may not suit every portfolio or objective.

Key risks

GHLD is concentrated in gold bullion exposure, so changes in gold prices can materially affect returns. Currency hedging adds another source of performance variation and may not deliver the outcome an investor expects in every period. The supplied dividend yield is 0%, and the profile does not provide a fee figure.

FAQ