# SPDR Gold Shares (0KZF) **Source:** https://fundology.uk/fund/0kzf · ISIN US78463V1070 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 05/10/2026, 0KZF (SPDR Gold Shares, ISIN US78463V1070) closed at $379.57 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the five years to 05/10/2026 its total return was +140.8%, or +88.3% after UK CPIH inflation. ## Summary SPDR Gold Shares is an exchange-traded fund (ETF) from SPDR, launched in 2004. It tracks the LBMA Gold Price PM ($/ozt) — the price of gold. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.4% a year — about £40 a year on every £10,000 invested, taken from the fund's value rather than billed to you. > This fund is domiciled outside the UK and EU and does not publish the key information document UK rules require, so most UK platforms do not offer it to retail investors. It is shown for reference. Latest close: **$379.57** (05/10/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 0KZF | | ISIN | US78463V1070 | | Category | Gold & commodities | | Type | ETF | | Provider | SPDR | | Tracks | LBMA Gold Price PM ($/ozt) | | Ongoing charge | 0.40% a year (£40 per £10,000) | | Fund size | £80bn | | Launched | 2004 | | Domicile | United States | ## Past returns (periods to 05/10/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +9.42% | +5.99% | income reinvested | | 3 years | +109.24% | +88.81% | income reinvested | | 5 years | +140.83% | +88.26% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of SPDR Gold Shares in pounds (price only; the fund pays no income): 2022 +11.3%, 2023 +7.0%, 2024 +27.7%, 2025 +58.6%; 2026 to 02/10/2026 −5.8%. Returns of SPDR Gold Shares in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: +9.8%; to 30/09/2025: +42.9%; to 30/09/2024: +30.2%; to 30/09/2023: −0.8%; to 30/09/2022: +18.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +11.3% | +1.9% | Price | | 2023 | +7.0% | +2.8% | Price | | 2024 | +27.7% | +23.3% | Price | | 2025 | +58.6% | +53.2% | Price | | 2026 to 02/10/2026 | -5.8% | -8.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 22.78% | -23.50% | | 3 years | 18.42% | -23.50% | | 5 years | 16.26% | -23.50% | ## Largest fall Volatility of SPDR Gold Shares in pounds, annualised from weekly returns to 02/10/2026: 22.8% over 1 year, 18.4% over 3 years, 16.3% over 5 years. Largest fall in the price of SPDR Gold Shares since October 2021, in pounds: −23.5% from 27/02/2026 to 17/07/2026. The lowest 12-month return of SPDR Gold Shares in pounds (price only; the fund pays no income) since January 2021 was −3.5% (12 months to 07/01/2022); the highest was +71.8% (12 months to 27/02/2026). On 02/10/2026 the price of SPDR Gold Shares was 19.7% below its highest weekly close since October 2021 (27/02/2026), in pounds. ## Charges compared with similar funds Ongoing charge of SPDR Gold Shares 0.40% a year, as of 03/10/2026: 68 of the 138 other gold and commodity funds charge more, 6 the same and 64 less (share classes counted once). ## Funds tracking the same index 22 funds track LBMA Gold Price PM ($/ozt), this one included and share classes counted once; their ongoing charges range from 0.11% to 0.69% a year (02/10/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi Physical Gold ETC | 0.12% | +9.4% | +107.8% | +141.9% | | Gold Bullion Securities | 0.40% | +9.1% | +106.1% | +138.5% | | Invesco Physical Gold ETC | 0.12% | +20.6% | +105.5% | +152.5% | | Invesco Physical Gold GBP Hedged ETC | 0.35% | +17.8% | +116.1% | +63.2% | | iShares Gold ETF (CH) Class A | 0.19% | +9.3% | +108.6% | +142.1% | | iShares Physical Gold ETC | 0.12% | +9.4% | +107.8% | +141.9% | | iShares Physical Gold GBP Hedged ETC | 0.25% | +6.1% | +56.4% | — | | Raiffeisen ETF - Solid Gold Ounces Klasse -A CHF Hedged | — | +16.7% | +105.2% | +140.4% | | Royal Mint Responsibly Sourced Physical Gold ETC | 0.25% | +9.3% | +107.0% | +50.3% | | SPDR Gold Shares (this fund) | 0.40% | +9.0% | +107.3% | +139.6% | | Swisscanto (CH) Gold ETF EA USD | 0.40% | +9.0% | +107.2% | +139.3% | | UBS ETF (CH) - UBS Gold ETF Units -USD acc- | 0.23% | +9.2% | +108.3% | +141.6% | | UBS Gold hCHF ETF Units -CHF acc- | 0.36% | -0.2% | +99.2% | +122.1% | | UBS Gold hEUR ETF Units -EUR acc- | 0.31% | +1.7% | +107.2% | +108.7% | | Wisdomtree Core Physical Gold | 0.12% | +9.4% | +107.8% | +50.5% | | WisdomTree Physical Gold | 0.39% | +9.2% | +106.2% | +138.6% | | WisdomTree Physical Swiss Gold | 0.15% | +9.4% | +107.6% | +141.5% | | Xtrackers IE Physical Gold ETC | 0.11% | +10.5% | +106.9% | +50.7% | | Xtrackers IE Physical Gold GBP Hedged ETC Underlying Tracker 2020-23.05.80 (Exp.08.04.80) on Gold Secured | 0.33% | +7.8% | +120.1% | +56.5% | | Xtrackers Physical Gold ETC (EUR) | 0.25% | +10.1% | +100.7% | +138.1% | | Xtrackers Physical Gold EUR Hedged ETC | 0.59% | +2.8% | +100.3% | +106.8% | | Xtrackers Physical Gold GBP Hedged ETC | 0.69% | +7.2% | +113.9% | +123.5% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.40%** per year - ISA eligible: no - SIPP eligible: no ## Questions people ask **What is the ongoing charge of 0KZF?** The ongoing charge of 0KZF is 0.40% a year — about £40 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of SPDR Gold Shares 0.40% a year, as of 03/10/2026: 68 of the 138 other gold and commodity funds charge more, 6 the same and 64 less (share classes counted once). **What does 0KZF track?** 0KZF tracks the LBMA Gold Price PM ($/ozt) — the price of gold. **What is the ISIN of 0KZF?** The ISIN of 0KZF is US78463V1070. An ISIN identifies one exact share class of a fund; 0KZF is its ticker on the London Stock Exchange. **What were 0KZF’s returns in each of the last five years?** Calendar-year returns of 0KZF in pounds (price only; the fund pays no income): 2022 +11.3%, 2023 +7.0%, 2024 +27.7%, 2025 +58.6%; 2026 to 02/10/2026 −5.8%. Past performance is not a guide to future returns. **How has 0KZF done after inflation?** Over the five years to 05/10/2026 0KZF’s total return was +140.8%, or +88.3% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.