USG vs IAU

USG is an alternative ETF, while IAU is a commodity ETF. USG charges 0.45% a year and IAU 0.25%.

• USG is an alternative fund, while IAU is a commodity fund. They carry different risk/return profiles.
• IAU costs 0.20% less per year.
• IAU is much larger than USG. Larger funds are usually more liquid and less likely to close.
• Over the last three years, IAU has delivered higher annualized returns.
• IAU has a longer track record, which may reduce uncertainty around long-term behavior.