![]() ![]() These include electrical connections, solar panels, chemical catalysts and more. ![]() While silver is technically a precious metal, it has more common uses in industrial and commercial applications. SLV is a commodity ETF that is tied to physical silver instead of physical gold. Though slightly smaller, the iShares Silver Trust ( SLV, $22.05) is similar in many ways to the SPDR Gold Trust. Learn more about GLD at the SPDR provider site. Here at Kiplinger, we have the odds of a recession occurring this year at 50-50. "Relative to other asset classes, gold has historically outperformed equities on average," looking at monthly data going back to December 1967. "When economic conditions weaken or become uncertain, history shows that investors turn to perceived safe-have assets, like gold and bonds," says Mason Mendez, investment strategy analyst at Wells Fargo Investment Institute. However, what SPDR Gold Trust offers is a well-established product with a deep pool of liquidity.Īnd not only is gold one of the best inflation-proof investments, but if a recession hits, this commodity fund could be a smart tactical investment. It has a long list of competitors on Wall Street, including the nearly $950-million GraniteShares Gold Trust ( BAR) whose expense structure is less than half of GLD. GLD is tied to physical gold bullion prices rather than mining stocks, and gives direct exposure to the precious metal. The SPDR Gold Trust ( GLD, $186.25) is not just the largest and most popular gold fund out there, but it is also the largest and most popular commodity-backed product on Wall Street. Additionally, gold has historically been uncorrelated to the stock market. One of the most popular commodity investments out there is gold, considering the precious metal is seen as a "store of value" that will hold strong in a rough environment. Expenses: 0.40%, or $40 annually for every $10,000 invested.
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