Raising the Bar on Gold Investing
31 March 2024
Read Time 3 MIN
The over 50 year longevity of providing investors access to gold reflects the expertise and commitment that VanEck maintains to one of the most vital metals in the world, which continues today across both actively and passively managed solutions. VanEck has been at the forefront of gold investing since the firm’s inception and launched the nation’s first gold stock fund, VanEck International Investors Gold Fund (INIVX), in 1968, and also issued the first gold miners ETF, VanEck Gold Miners ETF (GDX), in 2006.
As a truly unique asset, gold enhances portfolio diversification, acts as store of value, and hedges against systemic risk. In addition, gold has outperformed traditional asset classes over the last 20 years.
Gold Outperformance Over 20 Years: 2000 - 2024
Source: FactSet, VanEck. Data as of September 2024. U.S. Stocks represented by S&P® 500 Index; U.S.Bonds represented by Bloomberg Barclays U.S. Aggregate Bond Index; Gold ($/oz) represented by LBMA PM Gold Price; U.S. Treasuries represented by the Bloomberg Barclays U.S. 1-3 Year Treasury Bond Index.
While these portfolio benefits have remained consistent, the rationale for including an allocation to gold and gold stocks today has gained significant relevance.
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