Top Gold ETFs: These 5 ETFs delivered the best 3-month returns; The Wealth Company leads the list

Gold ETFs have lost some ground in the latest three-month period, even as most schemes have delivered returns of more than 50% over one year. The Wealth Company Gold ETF recorded the best three-month return at -2.33%, while Tata Gold ETF, Bandhan Gold ETF, 360 ONE Gold ETF and Mirae Asset Gold ETF followed closely behind.

The short-term decline comes against a much stronger one-year performance. Among the schemes with one-year data, returns were largely in the 52-53% range, with Aditya Birla Sun Life Gold ETF leading at 53.25%.

The Wealth Company Gold ETF topped the three-month ranking with a return of -2.33%. Tata Gold ETF was second at -2.43%, while Bandhan Gold ETF and 360 ONE Gold ETF both returned -2.44%. Mirae Asset Gold ETF completed the top five at -2.45%.

The next group was also tightly packed. Choice Gold ETF, Aditya Birla Sun Life Gold ETF, DSP Gold ETF, LIC MF Gold ETF and Edelweiss Gold ETF each recorded a three-month return of -2.46%.

At the other end, Zerodha Gold ETF posted the lowest three-month return in the data at -2.73%.

The Wealth Company Gold ETF led the rankings here as well at 1.42% returns.

Tata Gold ETF and Mirae Asset Gold ETF both returned 1.38%, while 360 ONE Gold ETF delivered 1.37%. Bandhan Gold ETF recorded 1.31%.

Among other schemes, HDFC Gold ETF returned 1.28%, Edelweiss Gold ETF 1.32% and Kotak Gold ETF 1.32%. Nippon India ETF Gold BeES delivered 1.17%.

LIC MF Gold ETF had the lowest six-month return among schemes analysed at 0.56%.

The one-year returns were substantially higher, with most schemes for which data is available delivering between 51% and 54%.

Aditya Birla Sun Life Gold ETF topped the one-year ranking at 53.25%, followed by Quantum Gold ETF and UTI Gold Exchange Traded Fund at 53.18% each. ICICI Prudential Gold Exchange Traded Fund returned 53.14%.

DSP Gold ETF delivered 53.01%, while HDFC Gold ETF returned 52.98%. Among the five funds that led the three-month ranking, Mirae Asset Gold ETF had the highest one-year return at 52.87%, followed by Tata Gold ETF at 52.86%. 360 ONE Gold ETF returned 52.03%.

Zerodha Gold ETF recorded the lowest one-year return among schemes at 51.84%.

For investors considering gold ETFs, returns should therefore be assessed alongside tracking error, expense ratio, liquidity and assets under management. A fund that has marginally outperformed its peers over three months may not necessarily be the most suitable choice for a longer-term portfolio.