Here's How Much $100 Invested In iShares Gold Trust Shares 5 Years Ago Would Be Worth Today

iShares Gold Trust Shares (NYSE:IAU) has outperformed the market over the past 5 years by 6.57% on an annualized basis producing an average annual return of 17.32%. Currently, iShares Gold Trust Shares has a market capitalization of $59.67 billion.

Buying $100 In IAU: If an investor had bought $100 of IAU stock 5 years ago, it would be worth $220.40 today based on a price of $75.31 for IAU at the time of writing.

iShares Gold Trust Shares’s Performance Over Last 5 Years

Finally -- what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.