IAUM ETF — iShares Gold Trust Micro

iShares Gold Trust Micro (IAUM)

IAUM is a low-cost ETF. As of August 28, 2026, its expense ratio is 0.09%. Fund total return is 151.0% over the past 5.2 years, 58.7 points ahead of SPY at 92.3%.

This ETF provides a straightforward, cost-effective way to gain exposure to gold by holding physical gold bullion, eliminating the practical complications of direct ownership such as assay, transportation, warehousing, and insurance. The fund carries a very low expense ratio of 0.09% and does not currently distribute income to shareholders. It appeals primarily to investors seeking a simple mechanism to add gold to their portfolios as a commodity holding or hedge.

IAUM performance versus SPY

Data as of August 28, 2026.

Fund total return is 151.0% over the past 5.2 years, 58.7 points ahead of SPY at 92.3%. Its deepest 1-year drawdown was 26.3%.

IAUM key facts

Data as of August 28, 2026.

Issuer

iShares

Asset type

ETF

Asset class

Commodity

Inception date

06/15/2021

Expense ratio

0.09%

Distribution frequency

None

Last close

$44.43

AUM

$8,156,480,294

Average volume

10378376.0

Beta

0.36

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 28, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 28, 2026.

Primary sources: iShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

IAUM risks and drawbacks

The deepest 1-year drawdown on record here is 26.3%.

Who may consider IAUM — and who may not

IAUM may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (IAUM does not currently distribute); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Compare IAUM

IAUM vs similar funds:

• IAUM vs GLD
• IAUM vs IAUI

Frequently asked questions

More funds from iShares.