BAR: GraniteShares Gold Trust

GraniteShares Gold Trust (BAR) is an exchange-traded fund (ETF) run by GraniteShares. Each share of this fund stands for a small amount of real gold kept in a London vault. It charges 0.1749% a year. From September 2017 to October 2026 it returned about 13.2% a year, and its worst drop was −26.3%.

Written by the Tactfolio research team. Fund facts checked October 17, 2026. Prices through October 16, 2026.

Yearly fee
0.1749%
about $17.49 on $10,000
Return per year
13.2%
since September 2017
Worst drop
−26.3%
since 2017
Started trading
Aug 2017
GraniteShares

Key points

  • Expense ratio: 0.1749% a year (about $17.49 on $10,000).
  • Started trading on August 31, 2017.
  • Worst drop since 2017: −26.3%.
  • No Tactfolio classic strategies hold it.

What does BAR hold?#

Each share of this fund stands for a small amount of real gold kept in a London vault. Its price follows the price of gold, minus a small yearly fee. It does not pay interest or dividends.

It tracks the LBMA Gold Price PM.

FactBAR
Full nameGraniteShares Gold Trust
IssuerGraniteShares
Expense ratio0.1749% a year
Started tradingAugust 31, 2017
TracksLBMA Gold Price PM
TypeGold, ETF
Facts checkedOctober 17, 2026 on the GraniteShares fund page

What is the BAR expense ratio?#

BAR charges 0.1749% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.1749% fee comes to about $17.49 a year.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

How has BAR done since 2017?#

$10k$20k20182020202220242026
BARGrowth of $10,000, log scale, with dividends reinvested. Past results do not tell you what happens next.

From September 2017 to October 2026, BAR returned about 13.2% a year. Say you put in $10,000 at the start. It would have been worth about $30,912 at the end, with every dividend reinvested.

MeasureBAR
Total return209.1%
Return per year (CAGR)13.2%
Worst drop from a high−26.3%
Volatility (how much it swings)16.8%
Last 12 months−3.4%
Last 3 years, per year29.3%
Last 5 years, per year18.5%

Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

BAR returns by year#

YearBAR return
2026 (part of the year)−3.5%
202564.1%
202427.0%
202313.0%
2022−0.5%
2021−3.9%
202025.0%
201918.2%
2018−1.9%
2017 (part of the year)−1.8%

What was BAR’s worst drop?#

0%−10%−20%20182020202220242026
Drawdown: how far BAR was below its last high on each day.

A drawdown is how far a fund falls from its last high point. BAR’s worst fall was −26.3%, from January 29, 2026 to July 16, 2026. By October 16, 2026 it had not yet climbed back to that high.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

Which Tactfolio strategies hold BAR?#

No classic strategy holds BAR yet. You can add it to your own rules in the builder and see how they would have done.

How does BAR compare with similar ETFs?#

Funds that can stand in for BAR:

  • GLDM: SPDR Gold MiniShares, 0.1% a year
  • SGOL: abrdn Physical Gold Shares ETF, 0.17% a year
  • AAAU: Goldman Sachs Physical Gold ETF, 0.18% a year
  • GLD: SPDR Gold Shares, 0.4% a year

See all 8 BAR alternatives, compared on the same dates as BAR.

Test BAR in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add BAR, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for BAR. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns.

Fund facts come from GraniteShares. We checked them on October 17, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.

Common questions#

What is the expense ratio of BAR?#

BAR charges 0.1749% a year, according to GraniteShares as of October 17, 2026. That is about $17.49 a year for every $10,000 you hold.

When did BAR start trading?#

BAR started trading on August 31, 2017. It is run by GraniteShares.

What does BAR track?#

BAR tracks the LBMA Gold Price PM. Each share of this fund stands for a small amount of real gold kept in a London vault.

How much has BAR returned per year?#

From September 2017 to October 2026, BAR returned about 13.2% a year with dividends reinvested. Its worst drop was −26.3%. Past returns do not tell you what it will do next.

Which strategies use BAR?#

None of Tactfolio’s classic strategies hold BAR yet. You can test it in your own rules in the builder.

Sources#