I would like to add gold to my ETF portfolio. Since I don't have a huge savings rate as a student, it doesn't make sense for me to buy physical gold, which is why I would like to use a gold ETC. Trade Republic offers the $SGBS (-0,01 %) and the $WGLD (+0,01 %) .
The $SGBS (-0,01 %) stores the gold in Switzerland and the $WGLD (+0,01 %) in Great Britain. As far as I understand it, with both you have the right to have the gold physically delivered to you if you want it at some point. I am now wondering which of the two ETCs makes more sense and whether there are any fundamental differences. Can anyone tell me which one is more suitable? My monthly savings rate is currently €100, which I can currently choose between the $VWCE (+0,17 %) (70%) $GGRP (-0,09 %) (15%) $FGEQ (+0,06 %) (15%). Now I would like to add some gold with 5-10%. My investment horizon is 20+ years.
I look forward to your advice.
LG