🏆 What is the iShares Gold Producers UCITS ETF $SPGP (-2.6%) ?
The iShares Gold Producers UCITS ETF is an Exchange Traded Fund (ETF) that tracks the performance of the S&P Commodity Producers Gold Index. This index includes the largest publicly traded companies active in the exploration and production of gold. The fund thus provides a convenient way to invest in the global gold mining sector without having to buy individual stocks.
- ISIN: IE00B6R52036
- Ticker: IAUP (on the London Stock Exchange)
- Managed by: BlackRock
- Expense ratio (TER): 0.55% per annum
- Dividend policy: Accumulating (income is reinvested)
- Currency: USD
- Investment objective: To achieve total return reflecting the performance of the S&P Commodity Producers Gold Index
💰 Why should you invest in this?
In 2025, the fund achieved an impressive return of 98,99% - one of the best-performing iShares ETFs of the year JustETF. But why is this so?
- Rising gold prices: Gold hit a record high of more than $3,800 per ounce in 2025, driven in part by concerns about a possible U.S. government shutdown, expected interest rate cuts by the Federal Reserve and continued purchases by central banks
- Growth potential of gold mining companies: As gold prices rise, the companies that produce the gold benefit. This has led to significant increases in the share prices of gold mining companies
