ISIN CH0103326762



0.40% p.a.
Distribution policy
Full replication
Fund size
633 m
  • This product does only have marketing distribution rights for Switzerland.


Trade this ETF at your broker

Choose your broker
Broker tip: Trade this ETF for 0.99€ per Order at the Scalable broker or for free in a savings plan. Find out more


The product tracks the spot price of gold in US Dollar. Currency hedged to Euro (EUR).
The ETF's TER (total expense ratio) amounts to 0.40% p.a..
The ZKB Gold ETF H (EUR) is a large ETF with 633m Euro assets under management. The ETF was launched on 7 January 2010 and is domiciled in Switzerland.
Show more Show less




Gold (EUR Hedged)
Investment focus
Precious Metals, Gold (EUR Hedged)
Fund size
EUR 633 m
Total expense ratio
0.40% p.a.
Replication Physical (Physically backed)
Legal structure ETF
Strategy risk Long-only
Sustainability No
Fund currency EUR
Currency risk Currency hedged
Volatility 1 year (in EUR)
Inception/ Listing Date 7 January 2010
Distribution policy Distributing
Distribution frequency Annually
Fund domicile Switzerland
Fund Provider ZKB
Tax data Bundesanzeiger
Germany No tax rebate
Switzerland ESTV Reporting
Austria Tax Reporting Fund
UK UK Reporting
Indextype Price index
Swap counterparty -
Collateral manager
Securities lending No
Securities lending counterparty

Similar ETFs

This section provides you with information on other ETFs with a similar investment focus to the ZKB Gold ETF H (EUR).
Similar ETFs via ETF search
How do you like our new ETF profile? Here you'll find our Questionnaire.

Order fees

Here you can find information about different brokers that allow you to trade ETFs. Select your preferred order volume to compare the fees charged by the respective brokers.
Broker Rating Order fee ETF savings plans More information
EUR 0.99
View offer*
free of charge
View offer*
free of charge
View offer*
EUR 5.90
View offer*
EUR 6.15
View offer*
Show all offers
Source: justETF Research; As of 7/2024; *Affiliate link
— The offers are sorted in the following way: 1. Rating 2. Order fee 3. Number of ETF savings plans.
— No guarantee can be given for the completeness and correctness of the information listed. The information provided by the online brokers is decisive. In addition to the indicated broker fees, additional costs (e.g. spreads, gratuities and product costs) may apply.


The performance numbers include distributions/dividends (if there are any). By default, the total performance of the ETF is displayed.

Returns overview

YTD +15.07%
1 month +3.67%
3 months +2.69%
6 months +16.82%
1 year +21.06%
3 years +23.47%
5 years +51.75%
Since inception (MAX) +58.71%
2023 +11.37%
2022 -2.18%
2021 -5.64%
2020 +21.59%

Monthly returns in a heat map


Current dividend yield

Current dividend yield -
Dividends (last 12 months) -

Historic dividend yields

Period Dividend in EUR Dividend yield in %
1 Year - -

Dividend yield contribution

Monthly dividends in EUR


Risk metrics in this section:
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
Show more Show less

Risk overview

Volatility 1 year 12.75%
Volatility 3 years 13.44%
Volatility 5 years 14.87%
Return per risk 1 year 1.65
Return per risk 3 years 0.54
Return per risk 5 years 0.58
Maximum drawdown 1 year -8.41%
Maximum drawdown 3 years -21.52%
Maximum drawdown 5 years -24.44%
Maximum drawdown since inception -47.91%

Rolling 1 year volatility

Stock exchange


Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
Zürcher Kantonalbank, Zürich

Further information

Further ETFs on Gold (EUR Hedged)

Fund name Fund Size in m € (AuM) TER p.a. Distribution Replication
Xtrackers Physical Gold EUR Hedged ETC 1,172 0.59% p.a. Accumulating Full replication
Xtrackers IE Physical Gold EUR Hedged ETC Securities 603 0.28% p.a. Accumulating Full replication
Invesco Physical Gold EUR Hedged ETC 535 0.34% p.a. Accumulating Full replication
WisdomTree Physical Gold - EUR Daily Hedged 309 0.25% p.a. Accumulating Full replication
iShares Physical Gold EUR Hedged ETC 32 0.25% p.a. Accumulating Full replication

Frequently asked questions

What is the name of ZGLDHE?

The name of ZGLDHE is ZKB Gold ETF H (EUR).

What is the ticker of ZKB Gold ETF H (EUR)?

The primary ticker of ZKB Gold ETF H (EUR) is ZGLDHE.

What is the ISIN of ZKB Gold ETF H (EUR)?

The ISIN of ZKB Gold ETF H (EUR) is CH0103326762.

What are the costs of ZKB Gold ETF H (EUR)?

The total expense ratio (TER) of ZKB Gold ETF H (EUR) amounts to 0.40% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

What's the fund size of ZKB Gold ETF H (EUR)?

The fund size of ZKB Gold ETF H (EUR) is 633m Euro. See the following article for more information about the size of ETFs.

Track your ETF strategies online

— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.