Top Gold ETFs

The Gold price

Gold is seen as a safe haven by many investors. Especially in financial turmoil, it has shown to stabilise equity/bond portfolios.

An investment in gold is easily done with listed products, like ETFs. These investment products track the spot gold price closely, after taking management fees into account. The advantage of exchange-traded Gold products is the minimal bid-ask spread compared to a direct trade in gold bullion. It is mainly due to the large 12.5kg bullion that are held and traded at fund level. Currently, Gold is tracked by 14 ETFs.

Besides exchange-traded products on Gold in US dollar, there are also currency hedged products in Euro, British Pounds or Swiss Francs available. These products are also considered in our comparison.

 
0.12% p.a. - 0.40% p.a.
annual total expense ratio
track Gold
-0.04%
return in CHF in 2026 per 30/09/2026
 
Gold ETFs

Gold Chart 1 year

Source: justETF.com; As of 11/10/2026; Performance in CHF, based on the largest ETF.

 

Compare all Gold ETFs in detail
Compare all Gold ETFs in a chart

Provider
ISIN
  Fund size
in m CHF
TER
in %
Currency hedge Instrument type Replication method
Invesco Physical Gold ETCIE00B579F325 24,048 0.12% p.a. - ETC Physically backed
Swisscanto (CH) Gold ETF EA CHFCH0139101593 6,363 0.40% p.a. - ETF Physically backed
UBS ETF (CH) Gold (USD) A-disCH0106027193 4,884 0.23% p.a. - ETF Physically backed
Swisscanto (CH) Gold ETF EA USDCH0047533549 3,982 0.40% p.a. - ETF Physically backed
Swisscanto (CH) Gold ETF EA EURCH0047533523 1,892 0.40% p.a. - ETF Physically backed
iShares Gold (CH)CH0104136236 1,325 0.19% p.a. - ETF Full replication
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable A USDCH1122756740 732 0.29% p.a. - ETF Physically backed
Xtrackers Physical Gold ETCGB00B5840F36 394 0.25% p.a. - ETC Physically backed
Raiffeisen ETF Solid Gold Ounces A-CHFCH0134034849 339 0.27% p.a. - ETF Physically backed
Raiffeisen ETF Solid Gold Ounces A-USDCH0221616417 96 0.27% p.a. - ETF Physically backed
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable A CHFCH1122756724 91 0.29% p.a. - ETF Physically backed
Swisscanto (CH) Gold ETF EA GBPCH0104493298 64 0.40% p.a. - ETF Physically backed
UBS (CH) Fund Solutions Carbon Compensated Gold ETF (USD) A-accCH1233056329 31 0.30% p.a. - ETF Full replication
Raiffeisen ETF Solid Gold A-USDCH0134034930 17 0.30% p.a. - ETF Physically backed

Source: justETF.com; As of 11/10/2026

ETF/ETC   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
Invesco Physical Gold ETC -5.01% 6.92% -3.85% 14.13% 103.47%
Swisscanto (CH) Gold ETF EA CHF -5.34% 7.27% -3.97% 14.07% 101.26%
iShares Gold (CH) -5.02% 6.90% -3.88% 14.05% 103.03%
UBS ETF (CH) Gold (USD) A-dis -5.03% 6.90% -3.90% 13.99% 102.79%
Raiffeisen ETF Solid Gold Ounces A-USD -5.03% 6.89% -3.92% 13.97% 102.58%
Xtrackers Physical Gold ETC -5.46% 6.89% -3.91% 13.97% 102.65%
Raiffeisen ETF Solid Gold Ounces A-CHF -5.04% 6.88% -3.98% 13.96% 102.19%
Raiffeisen ETF Solid Gold A-USD -5.03% 6.89% -3.92% 13.95% 102.49%
Swisscanto (CH) Gold ETF EA GBP -5.09% 7.28% -4.22% 13.95% 100.90%
UBS (CH) Fund Solutions Carbon Compensated Gold ETF (USD) A-acc -5.05% 6.88% -3.94% 13.95% 102.48%
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable A USD -5.03% 6.88% -3.93% 13.94% 102.45%
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable A CHF -5.04% 6.88% -3.99% 13.92% 101.97%
Swisscanto (CH) Gold ETF EA EUR -5.25% 7.18% -4.18% 13.82% 101.48%
Swisscanto (CH) Gold ETF EA USD -5.04% 6.85% -4.00% 13.76% 101.66%
ETF/ETC   2026
in %
2025
in %
2024
in %
2023
in %
2022
in %
Xtrackers Physical Gold ETC 6.10% 44.00% 36.51% 3.03% 0.53%
iShares Gold (CH) 1.94% 44.10% 36.59% 3.09% 0.59%
UBS ETF (CH) Gold (USD) A-dis 0.80% 46.15% 35.17% 3.58% 0.71%
UBS (CH) Fund Solutions Carbon Compensated Gold ETF (USD) A-acc 0.75% 46.05% 35.13% - -
Raiffeisen ETF Solid Gold Ounces A-USD 0.49% 46.09% 35.35% 3.82% 0.51%
Raiffeisen ETF Solid Gold A-USD 0.48% 46.06% 35.34% 3.80% 0.48%
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable A USD 0.47% 46.07% 35.31% 3.81% 0.47%
Swisscanto (CH) Gold ETF EA CHF 0.43% 45.76% 34.63% 3.81% 1.53%
Raiffeisen ETF Solid Gold Ounces A-CHF 0.40% 46.37% 35.32% 3.82% 0.23%
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable A CHF 0.38% 46.32% 35.26% 3.79% 0.18%
Swisscanto (CH) Gold ETF EA USD 0.35% 45.89% 35.17% 3.58% 1.20%
Swisscanto (CH) Gold ETF EA EUR 0.27% 45.48% 35.57% 3.67% 1.55%
Swisscanto (CH) Gold ETF EA GBP 0.25% 45.99% 35.58% 3.34% 1.66%
Invesco Physical Gold ETC -0.04% 44.19% 36.70% 3.17% 0.67%

Source: justETF.com; As of 30/09/2026; Calculations in CHF including dividends

 
 

Compare all Gold ETFs which are hedged to Swiss Francs

In order to provide a sound decision basis, you find a list of all Gold ETFs with details on size, cost, age, currency hedge, instrument type and collateral ranked by fund size.

0.22% p.a. - 0.40% p.a.
annual total expense ratio
track Gold (CHF Hedged)
-8.35%
return in CHF in 2026 per 30/09/2026
 
Gold (CHF Hedged) ETFs

Gold (CHF Hedged) Chart 1 year

Source: justETF.com; As of 11/10/2026; Performance in CHF, based on the largest ETF.

 

Compare all Gold ETFs with CHF currency hedge in detail
Compare all Gold ETFs with CHF currency hedge in a chart

Provider
ISIN
  Fund size
in m CHF
TER
in %
Currency hedge Instrument type Replication method
Swisscanto (CH) Gold ETF EAH CHFCH0139101601 2,650 0.40% p.a. Yes
(in CHF)
ETF Physically backed
UBS ETF (CH) Gold (CHF) hedged (CHF) A-disCH0106027128 2,441 0.23% p.a. Yes
(in CHF)
ETF Physically backed
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable H CHF (hedged)CH1122756732 770 0.30% p.a. Yes
(in CHF)
ETF Physically backed
iShares Gold CHF Hedged (CH)CH0104136285 604 0.22% p.a. Yes
(in CHF)
ETF Full replication
Raiffeisen ETF Solid Gold Ounces H-CHF (hedged)CH0134034864 134 0.27% p.a. Yes
(in CHF)
ETF Physically backed
Raiffeisen ETF Solid Gold H-CHF (hedged)CH0134034906 52 0.30% p.a. Yes
(in CHF)
ETF Physically backed
HANetf The Royal Mint Responsibly Sourced Physical Gold CHF Hedged ETCXS2892962718 39 0.35% p.a. Yes
(in CHF)
ETC Physically backed

Source: justETF.com; As of 11/10/2026

ETF/ETC   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
iShares Gold CHF Hedged (CH) -8.91% 2.49% -10.20% 3.83% 92.15%
Raiffeisen ETF Solid Gold Ounces H-CHF (hedged) -8.90% 2.30% -10.29% 3.46% 91.47%
Raiffeisen ETF Solid Gold H-CHF (hedged) -8.90% 2.30% -10.29% 3.45% 91.30%
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable H CHF (hedged) -8.90% 2.29% -10.30% 3.44% 91.29%
UBS ETF (CH) Gold (CHF) hedged (CHF) A-dis -8.87% 2.43% -10.27% 3.42% 91.60%
HANetf The Royal Mint Responsibly Sourced Physical Gold CHF Hedged ETC -9.06% 2.36% -10.34% 3.34% -
Swisscanto (CH) Gold ETF EAH CHF -8.90% 2.38% -10.31% 3.26% 90.20%
ETF/ETC   2026
in %
2025
in %
2024
in %
2023
in %
2022
in %
iShares Gold CHF Hedged (CH) -6.72% 56.69% 20.79% 8.47% -3.74%
UBS ETF (CH) Gold (CHF) hedged (CHF) A-dis -8.24% 58.84% 19.73% 9.31% -3.47%
Raiffeisen ETF Solid Gold Ounces H-CHF (hedged) -8.27% 59.08% 19.74% 8.97% -3.96%
Raiffeisen ETF Solid Gold H-CHF (hedged) -8.28% 59.04% 19.70% 8.94% -4.03%
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable H CHF (hedged) -8.29% 59.04% 19.70% 9.68% -4.03%
HANetf The Royal Mint Responsibly Sourced Physical Gold CHF Hedged ETC -8.32% 58.59% - - -
Swisscanto (CH) Gold ETF EAH CHF -8.35% 58.27% 19.47% 9.11% -2.82%

Source: justETF.com; As of 30/09/2026; Calculations in CHF including dividends

 
 

Compare all Gold ETFs which are hedged to Euro

In order to provide a sound decision basis, you find a list of all Gold ETFs with details on size, cost, age, currency hedge, instrument type and collateral ranked by fund size.

0.22% p.a. - 0.59% p.a.
annual total expense ratio
track Gold (EUR Hedged)
-5.72%
return in CHF in 2026 per 30/09/2026
 
Gold (EUR Hedged) ETFs

Gold (EUR Hedged) Chart 1 year

Source: justETF.com; As of 11/10/2026; Performance in CHF, based on the largest ETF.

 

Compare all Gold ETFs with EUR currency hedge in detail
Compare all Gold ETFs with EUR currency hedge in a chart

Provider
ISIN
  Fund size
in m CHF
TER
in %
Currency hedge Instrument type Replication method
Xtrackers Physical Gold EUR Hedged ETCDE000A1EK0G3 1,771 0.59% p.a. Yes
(in EUR)
ETC Physically backed
Invesco Physical Gold EUR Hedged ETCXS2183935274 1,385 0.34% p.a. Yes
(in EUR)
ETC Physically backed
Swisscanto (CH) Gold ETF EAH EURCH0103326762 910 0.40% p.a. Yes
(in EUR)
ETF Physically backed
UBS ETF (CH) Gold (EUR) hedged (EUR) A-disCH0106027144 802 0.23% p.a. Yes
(in EUR)
ETF Physically backed
iShares Gold EUR Hedged (CH)CH0104136319 175 0.22% p.a. Yes
(in EUR)
ETF Full replication

Source: justETF.com; As of 11/10/2026

ETF/ETC   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
iShares Gold EUR Hedged (CH) -7.57% 5.99% -6.15% 7.79% 103.00%
UBS ETF (CH) Gold (EUR) hedged (EUR) A-dis -7.53% 6.00% -6.14% 7.54% 102.82%
Swisscanto (CH) Gold ETF EAH EUR -7.57% 5.91% -6.24% 7.27% 101.14%
Invesco Physical Gold EUR Hedged ETC -7.57% 5.92% -6.29% 7.21% 101.09%
Xtrackers Physical Gold EUR Hedged ETC -7.79% 5.88% -6.33% 7.09% 100.64%
ETF/ETC   2026
in %
2025
in %
2024
in %
2023
in %
2022
in %
iShares Gold EUR Hedged (CH) -3.23% 58.70% 25.88% 4.22% -7.68%
UBS ETF (CH) Gold (EUR) hedged (EUR) A-dis -4.46% 60.11% 24.73% 5.57% -7.51%
Swisscanto (CH) Gold ETF EAH EUR -4.84% 60.42% 24.62% 4.74% -6.77%
Invesco Physical Gold EUR Hedged ETC -5.64% 60.80% 26.18% 3.47% -6.75%
Xtrackers Physical Gold EUR Hedged ETC -5.72% 58.29% 25.62% 3.91% -7.77%

Source: justETF.com; As of 30/09/2026; Calculations in CHF including dividends

 
 

Compare all Gold ETFs which are hedged to British Pound

In order to provide a sound decision basis, you find a list of all Gold ETFs with details on size, cost, age, currency hedge, instrument type and collateral ranked by fund size.

0.40% p.a.
annual total expense ratio
tracks Gold (GBP Hedged)
-1.69%
return in CHF in 2026 per 30/09/2026
 
Gold (GBP Hedged) ETFs

Gold (GBP Hedged) Chart 1 year

Source: justETF.com; As of 11/10/2026; Performance in CHF, based on the largest ETF.

 

Compare all Gold ETFs with GBP currency hedge in detail
Compare all Gold ETFs with GBP currency hedge in a chart

Provider
ISIN
  Fund size
in m CHF
TER
in %
Currency hedge Instrument type Replication method
Swisscanto (CH) Gold ETF EAH GBPCH0104493306 139 0.40% p.a. Yes
(in GBP)
ETF Physically backed

Source: justETF.com; As of 11/10/2026

ETF/ETC   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
Swisscanto (CH) Gold ETF EAH GBP -7.16% 7.22% -3.99% 11.45% 113.35%
ETF/ETC   2026
in %
2025
in %
2024
in %
2023
in %
2022
in %
Swisscanto (CH) Gold ETF EAH GBP -1.69% 55.53% 32.25% 8.22% -10.48%

Source: justETF.com; As of 30/09/2026; Calculations in CHF including dividends