(IAUM) Gold Trust Micro - Overview
Etf: Gold, Shares, Trust, ETF
| Risk 5d forecast | |
|---|---|
| Volatility | 50.8% |
| Relative Tail Risk | -1.56% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.21 |
| Alpha | 68.40 |
| Character TTM | |
|---|---|
| Beta | 0.028 |
| Beta Downside | -0.221 |
| Drawdowns 3y | |
|---|---|
| Max DD | 13.72% |
| CAGR/Max DD | 2.83 |
Description: IAUM Gold Trust Micro January 11, 2026
The iShares® Gold Trust Micro (IAUM) is designed as a low-cost, securities-based proxy for physical gold, sidestepping the logistical complexities of assay, transport, storage, and insurance that direct bullion ownership entails. While the shares do not provide a one-to-one claim on gold bars, they give investors exposure to gold price movements through a regulated exchange-traded fund structure.
Key metrics as of the latest filing: an expense ratio of 0.25 % (significantly lower than many actively managed commodity funds), total assets under management of roughly $350 million, and an average daily trading volume of about 1 million shares, which supports liquidity. The fund’s performance is tightly correlated (≈ 0.99 R²) with the spot price of gold, making it a reliable barometer for the commodity. Primary macro drivers include U.S. real interest rates, inflation expectations, and central-bank gold purchases, all of which influence gold’s safe-haven appeal.
For a deeper quantitative comparison of IAUM’s cost structure and performance versus other gold-linked products, see the analysis on ValueRay.
What is the price of IAUM shares?
Over the past week, the price has changed by +1.82%, over one month by +10.20%, over three months by +24.40% and over the past year by +73.19%.
Is IAUM a buy, sell or hold?
What are the forecasts/targets for the IAUM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 69.4 | 40.6% |
IAUM Fundamental Data Overview February 07, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 7.48b USD (7.48b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 7.48b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 7.48b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.02% (E(7.48b)/V(7.48b) * Re(6.02%) + (debt-free company))
Discount Rate = 6.02% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)