Franklin Responsibly Sourced Gold ETF (FGLD)
Franklin Responsibly Sourced Gold ETF operates in the Asset Management industry of the Financial Services sector. The stock last traded at $26.18, down 1.28% on the session, giving a market capitalisation of $102.8M. Its beta of 0.00 implies it has historically moved less than the broad market.
The fund's portfolio is comprised solely of gold bullion, potentially supplemented by cash. It is not designed to offer direct ownership of physical gold. Rather, its shares provide an accessible and cost-efficient method for investors to gain exposure to the gold market through traditional securities exchanges, effectively mirroring the characteristics of a direct gold investment.
Franklin Responsibly Sourced Gold ETF is most often compared with the following Financial Services names: