InvestSMART

Exchange Traded Funds (ETFs)

Top performing ASX-listed Commodities & Precious Metals Exchange Traded Funds (ETFs)

Commodity & Precious Metals ETFs might be an essential part of an investment portfolio, particularly for those looking to hedge against inflation or economic volatility. These ETFs offer direct or indirect exposure to physical commodities such as gold, silver, and oil. They could be considered by investors seeking a safe haven or diversification away from traditional equity and bond investments.

Below are some of the potential pros & cons of investing in Commodities & Precious Metals Exchange Traded Funds (ETFs).

Pros of Commodities & Precious Metals ETFs:

  • Provides a hedge against inflation and currency devaluation.
  • Commodities can perform well during periods of economic turbulence.
  • Diversification away from traditional equity and bond markets.
  • Direct exposure to physical assets which can add a layer of security to a portfolio.
  • Potential for substantial gains during commodity bull markets.

Cons of Commodities & Precious Metals ETFs:

  • Commodities markets can be extremely volatile.
  • Prices can be affected by changes in economic indicators, market sentiment, and global events.
  • Investments can be impacted by factors such as weather conditions and geopolitical tensions.
  • Lack of dividends or income generation, as returns are solely based on price gains.
  • Storage and insurance costs for physical commodities can reduce profitability.

Top Commodities & Precious Metals by 3yr returns (as at 11 October 2025)

Code Security Name Geographic
Focus		 Asset
Class		 MER Market Cap
($m)		 Management
Type		 InvestSMART
Rating 		Yield
1Yr		 Return
1Yr		 Return
3Yr (p.a.)
QAU BetaShares Gold Bullion ETF - Currency Hedged Global Commodities 0.59% 1,333 ETF starstarstarstar 1.4% 41.5% 28.7%
PMGOLD Perth Mint Global Commodities 0.15% 19,322 ETF starstarstarstar n/a 52.8% 31.6%
OOO BetaShares Crude Oil Index ETF-Currency Hedged (Synthetic) Global Commodities 1.29% 90 ETF starstarstar 0.0% 4.5% 1.3%
GXLD Global X Gold Bullion ETF Global Commodities 0.15% 333 ETF starstarstarstar n/a 51.9% n/a
GOLD Global X Physical Gold Global Commodities 0.40% 6,055 ETF starstarstarstar n/a 51.7% 29.9%
GLDN iShares Physical Gold ETF Global Commodities 0.18% 341 ETF starstarstarstar 0.1% 52.0% n/a
GHLD Global X Gold Bullion (Currency Hedged) ETF Global Commodities n/a 103 ETF starstar n/a n/a n/a
ETPMPT Global X Physical Platinum Global Commodities 0.49% 11 ETF starstar n/a 66.1% 20.2%
ETPMPM Global X Physical Precious Metals Basket Global Commodities 0.44% 23 ETF starstar n/a 50.5% 18.7%
ETPMPD Global X Physical Palladium Global Commodities 0.49% 4 ETF star n/a 28.9% -18.9%
ETPMAG Global X Physical Silver Global Commodities 0.49% 279 ETF starstarstarstar n/a 54.8% 32.4%
BCOM Global X Bloomberg Commodity ETF (Synthetic) Global Commodities 0.60% 47 ETF starstar 0.3% 15.1% n/a
Code Security Name Issuer Inception Type Objective
QAU BetaShares Gold Bullion ETF - Currency Hedged BetaShares Capital Ltd 5 May 2011 ETF The BetaShares Gold Bullion ETF (A$Hedged) aims to track the performance of the price of gold bullion, with a currency hedge against movements in AUD/USD exchange rate, before fees and expenses.
PMGOLD Perth Mint Gold Corporation 9 May 2003 ETF The investment holds call option. Each share entitles you to acquire one hundredth of a troy ounce of fine gold and may be exercised by you at any time.
OOO BetaShares Crude Oil Index ETF-Currency Hedged (Synthetic) BetaShares Capital Ltd 11 Nov 2011 ETF The BetaShares Crude Oil Index ETF-Currency Hedged (synthetic) aims to track the performance of the S&P GSCI Crude Oil Index Excess Return hedged into Australian dollars, plus an interest component, before fees and expenses.
GXLD Global X Gold Bullion ETF ANZ ETFS Management (AUS) Ltd 29 Apr 2024 ETF The investment objective of the Gold Interests issued by the Fund is to provide a return that tracks the performance of the price of gold bullion in Australian dollars (before fees and expenses) by reference to the Gold Spot Price which is denominated in US Dollars and converted to Australian dollars.
GOLD Global X Physical Gold ETFS Metal Securities Australia Ltd 31 Mar 2003 ETF The fund seeks to provide investment results that correspond generally to the price performance; before fees and expenses; of the Gold Price in Australian dollars.
GLDN iShares Physical Gold ETF 27 Oct 2023 ETF The Fund aims to provide investors with the performance of the spot price of gold; before fees and expenses.
GHLD Global X Gold Bullion (Currency Hedged) ETF ANZ ETFS Management (AUS) Ltd 27 Mar 2025 ETF
ETPMPT Global X Physical Platinum ETFS Metal Securities Australia Ltd 19 Dec 2008 ETF The fund seeks to provide investment results that correspond generally to the price and yield performance; before fees and expenses; of the LBMA Platinum Price PM in Australian Dollars.
ETPMPM Global X Physical Precious Metals Basket ETFS Metal Securities Australia Ltd 19 Dec 2008 ETF The fund seeks to provide investment results that correspond generally to the price and yield performance; before fees and expenses; of the Precious Metals Prices in Australian Dollars.
ETPMPD Global X Physical Palladium ETFS Metal Securities Australia Ltd 19 Dec 2008 ETF The fund seeks to provide investment results that correspond generally to the price and yield performance; before fees and expenses; of the LBMA Palladium Price PM in Australian Dollars.
ETPMAG Global X Physical Silver ETFS Metal Securities Australia Ltd 19 Dec 2008 ETF The fund seeks to provide investment results that correspond generally to the price and yield performance; before fees and expenses; of the Silver Price in Australian Dollars.
BCOM Global X Bloomberg Commodity ETF (Synthetic) ANZ ETFS Management (AUS) Ltd 3 Jul 2023 ETF The investment objective of the Fund is to provide investors with a return, that tracks the performance of the Bloomberg Commodity Index Excess Return 3 Month Forward, plus earn interest returns through exposure to cash and/or money market instruments (before fees and expenses).
Code Security Name 1 Mnth % 3 Mnth % 6 Mnth % 1 Yr % p.a. 2 Yr % p.a. 3 Yr % p.a. 5 Yr % p.a.
QAU BetaShares Gold Bullion ETF - Currency Hedged 11.4% 15.6% 20.9% 41.5% 39.8% 28.7% 12.7%
PMGOLD Perth Mint 12.3% 16.8% 18.2% 52.8% 42.2% 31.6% 17.0%
OOO BetaShares Crude Oil Index ETF-Currency Hedged (Synthetic) -1.8% 0.2% -5.3% 4.5% -6.5% 1.3% 18.1%
GXLD Global X Gold Bullion ETF 10.1% 15.0% 15.4% 51.9% n/a n/a n/a
GOLD Global X Physical Gold 10.1% 14.9% 15.2% 51.7% 40.6% 29.9% 16.5%
GLDN iShares Physical Gold ETF 10.1% 15.0% 15.4% 52.0% n/a n/a n/a
GHLD Global X Gold Bullion (Currency Hedged) ETF 3.8% 4.2% n/a n/a n/a n/a n/a
ETPMPT Global X Physical Platinum 15.1% 14.9% 48.4% 66.1% 28.1% 20.2% 13.4%
ETPMPM Global X Physical Precious Metals Basket 12.1% 16.6% 19.6% 50.5% 32.2% 18.7% 10.6%
ETPMPD Global X Physical Palladium 11.4% 7.6% 17.5% 28.9% -3.9% -18.9% -11.0%
ETPMAG Global X Physical Silver 17.5% 26.8% 27.2% 54.8% 38.9% 32.4% 15.5%
BCOM Global X Bloomberg Commodity ETF (Synthetic) 2.5% 2.1% -2.6% 15.1% 3.9% n/a n/a
Code Security Name Australian Equities International Equities Property Cash Fixed Interest Alternatives
QAU BetaShares Gold Bullion ETF - Currency Hedged 0.0% 0.0% 0.0% 1.2% 0.0% 98.8%
PMGOLD Perth Mint 0.0% 0.0% 0.0% 0.0% 0.0% 100%
OOO BetaShares Crude Oil Index ETF-Currency Hedged (Synthetic) 0.0% 0.0% 0.0% 0.0% 0.0% 100%
GXLD Global X Gold Bullion ETF 0.0% 0.0% 0.0% 0.0% 0.0% 100%
GOLD Global X Physical Gold 0.0% 0.0% 0.0% 0.0% 0.0% 100%
GLDN iShares Physical Gold ETF 0.0% 0.0% 0.0% -0.1% 0.0% 100.1%
GHLD Global X Gold Bullion (Currency Hedged) ETF 0.0% 0.0% 0.0% 0.0% 0.0% 100%
ETPMPT Global X Physical Platinum 0.0% 0.0% 0.0% 0.0% 0.0% 100%
ETPMPM Global X Physical Precious Metals Basket 0.0% 0.0% 0.0% 0.0% 0.0% 100%
ETPMPD Global X Physical Palladium 0.0% 0.0% 0.0% 0.0% 0.0% 100%
ETPMAG Global X Physical Silver 0.0% 0.0% 0.0% 0.0% 0.0% 100%
BCOM Global X Bloomberg Commodity ETF (Synthetic) 0.0% 0.0% 0.0% 0.0% 0.0% 100%
Code Security Name Yield Expected Distribution Frequency Last Payment Date Cents Per Unit
QAU BetaShares Gold Bullion ETF - Currency Hedged 1.4% Annual 16 Jul 2025 $0.45
PMGOLD Perth Mint n/a NA n/a n/a
OOO BetaShares Crude Oil Index ETF-Currency Hedged (Synthetic) 0.0% Annual 16 Jul 2025
GXLD Global X Gold Bullion ETF n/a NA n/a n/a
GOLD Global X Physical Gold n/a Semi-Annual n/a n/a
GLDN iShares Physical Gold ETF 0.1% NA 11 Jul 2025 $0.04
GHLD Global X Gold Bullion (Currency Hedged) ETF n/a NA n/a n/a
ETPMPT Global X Physical Platinum n/a Quarterly n/a n/a
ETPMPM Global X Physical Precious Metals Basket n/a Semi-Annual n/a n/a
ETPMPD Global X Physical Palladium n/a Quarterly n/a n/a
ETPMAG Global X Physical Silver n/a Semi-Annual n/a n/a
BCOM Global X Bloomberg Commodity ETF (Synthetic) 0.3% Annual 16 Jul 2025 $0.03
Code Name Sep-25 ($m) Aug-25 ($m) Jul-25 ($m) Jun-25 ($m) May-25 ($m) Apr-25 ($m) Mar-25 ($m) Feb-25 ($m) Jan-25 ($m) Dec-24 ($m) Nov-24 ($m)
QAU BetaShares Gold Bullion ETF - Currency Hedged n/a $28.9 -$1.8 $14.3 $42.7 $35.1 $38.6 $21.6 $39.4 $10.3 $0
PMGOLD Perth Mint n/a $36.6 $17.5 $24.8 -$7.2 $42.9 $118.8 $76.2 $23.5 -$1.3 $0
OOO BetaShares Crude Oil Index ETF-Currency Hedged (Synthetic) n/a -$2.2 -$9.1 $4.5 $1.7 $3.8 -$3.3 $0 -$11.9 -$4.3 $0
GXLD Global X Gold Bullion ETF n/a $12.6 $7.1 $8.0 -$5.4 -$1.8 $4.9 $13.3 $1.3 $131.1 $0
GOLD Global X Physical Gold n/a $37.4 $26.8 $41.7 -$72.0 $78.2 $153.4 $112.2 $36.2 -$95.9 $0
GLDN iShares Physical Gold ETF n/a $6.6 $10.6 $18.1 $7.3 -$18.4 -$21.4 $11.7 $4.1 $6.0 $0
GHLD Global X Gold Bullion (Currency Hedged) ETF n/a $6.7 $6.6 $12.8 $22.0 $2.2 $0.5 $0 $0 $0 $0
ETPMPT Global X Physical Platinum n/a $0.8 $1.9 $2.8 $3.0 $1.8 $0.4 $0.4 -$0.3 $0.8 $0
ETPMPM Global X Physical Precious Metals Basket n/a $0 -$3.3 $0 $1.2 $0 $0 -$1.6 -$1.5 $0 $0
ETPMPD Global X Physical Palladium n/a $0 $0 $0 $0 $0 -$0.7 -$0.7 $0 $0 $0
ETPMAG Global X Physical Silver n/a $10.4 $40.5 $28.5 $45.4 $22.2 $29.3 $13.3 $2.6 $2.6 $0
BCOM Global X Bloomberg Commodity ETF (Synthetic) n/a $1.1 $1.1 $1.2 $0 $2.3 $0 $0.6 $0 $0 $0
Code Security Name Volatility - 20 days Volatility - 50 days Volatility - 100 days Volatility - 200 days Volatility - All
QAU BetaShares Gold Bullion ETF - Currency Hedged 16.0% 13.1% 12.7% 17.2% 44.1%
PMGOLD Perth Mint 14.4% 11.1% 10.2% 14.5% 14.3%
OOO BetaShares Crude Oil Index ETF-Currency Hedged (Synthetic) 23.4% 21.8% 33.8% 34.6% 38.6%
GXLD Global X Gold Bullion ETF 14.1% 12.0% 12.9% 16.7% 15.2%
GOLD Global X Physical Gold 14.4% 12.4% 13.2% 16.8% 27.3%
GLDN iShares Physical Gold ETF 13.8% 11.5% 12.6% 16.6% 14.8%
GHLD Global X Gold Bullion (Currency Hedged) ETF 15.6% 13.0% 13.6% n/a 19.8%
ETPMPT Global X Physical Platinum 29.7% 23.9% 23.1% 24.0% 27.0%
ETPMPM Global X Physical Precious Metals Basket 14.9% 12.8% 11.5% 13.3% 21.3%
ETPMPD Global X Physical Palladium 39.3% 43.7% 38.6% 33.4% 34.0%
ETPMAG Global X Physical Silver 21.1% 20.4% 18.6% 19.1% 25.6%
BCOM Global X Bloomberg Commodity ETF (Synthetic) 12.0% 12.0% 14.3% 14.2% 13.1%