QAU
CommoditiesGold Bullion Currency Hedged ETF
About this ETF
QAU is backed by physical gold bullion and aims to track the performance of the price of gold, hedged for currency movements in the AUD/USD exchange rate (before fees and expenses).
IssuerBetaShares
Management fee (MER)0.59% p.a.
Inception date3 May 2011
Scout Score
48/100
Ranked #9 of 16 in CommoditiesAn independent score calculated by ETF Scout across 7 real-data factors (cost, diversification, tracking, liquidity, fund strength, performance, income), ranked against other funds in the same category.
Cost13
Diversification17
Tracking54
Liquidity70
Fund Strength72
Performance50
Income50
Strengths
- Large, established fund — $1.2B in assets, bigger than 72% of Commodities funds.
- Highly liquid — 0.07% bid/ask spread, better than 70% of Commodities peers.
Weaknesses
- Higher fee — 0.59% p.a., more expensive than 87% of Commodities funds.
- Concentrated holdings — top holdings make up 100.0% of the fund, more concentrated than 83% of Commodities peers.
Performance (as of 5 Nov 2026)
Total returns, net of fees. Periods longer than 1 year are annualised.
1 Month-4.93%
3 Months-1.92%
YTD-7.05%
1 Year-2.14%
3 Years (p.a.)+23.81%
5 Years (p.a.)+14.90%
Price history
Cumulative return over the selected period, indexed to 0% at the start of the range.
Top holdings (as of 4 Nov 2026)
The fund's largest individual holdings, ranked by portfolio weight.