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ETF sheet · Issuer-declared data

Invesco Physical Gold II ETCIndex, costs, backtest, listings and taxation

ISIN: XS3384723154Ticker: GLD2Issuer: Invesco
ETF launched on 16 June 2026 — page still filling up

What you see is what the issuer has declared so far. The rest comes with time, not by our choice: each row appears on its own as soon as the data exists.

Holdingsat the next monthly census (2 October)
Tracking differenceafter the first full calendar year, from January 2028
Dividendsnot applicable: accumulating share class
Issuer-declared data
TER
0.12%
Transaction costs
0.00% (issuer estimate, from the KID)
Replication
Income policy
Fund assets
410.8 mln EUR
NAV
4.35 USD
Domicile
Ireland
Inception date
16 June 2026
Data as declared by Invesco in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
Fund historyThe fund-assets (AUM) chart year by year, from declared data.Open the history →
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Description

Invesco Physical Gold II ETC tracks the issuer-declared underlying: LBMA Gold Price (PM). The declared annual cost (TER) is 0.12%, plus 0.00% in transaction costs estimated by the issuer in the KID. Replication is physical replication (it buys the index constituents). The fund has assets of about 411 million euro, was launched on 16 June 2026 and is domiciled in Ireland.

The fund’s objective — in the issuer’s words

The Invesco Physical Gold II ETC aims to provide the performance of the spot gold price through certificates collateralised with gold bullion. The base currency is USD. Term This product has a final maturity date of 31 December 2100. The Manufacturer has the right to terminate the product in a limited number of circumstances, as set out in the prospectus.

Keep reading the KID section ▾

Intended Retail InvestorThis product is intended for investors who are willing to invest for a long term and who plan to stay invested for at least 5 years. Investors should be prepared to take on a relatively high level of risk of loss to their original capital in order to get a higher potential return.

From the KID’s “Objectives” section · 14 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • TER 0.12%: below the median of commodity products we track (0.30%).
Comparisons computed by Rebalix on the declared data in our census; they describe the past and are not indicative of future results.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in English, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · USD · from Jun 2026 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+0.4%
Volatility (ann.)
24.6%
Max drawdown
-8.03%
-11%-5%+0%+5%+11%Jun 2026Jul 2026Jul 2026Aug 2026Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+0%Jun 2026Sept 2026
Note — currency risk: the fund is denominated (or hedged) in USD and the chart is in USD. For a euro investor, returns also depend on the EUR/USD exchange rate, up or down.
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-2%-4%-6%-8%-10%2026−8.03% · 16 Jul 2026
Max drawdown
-8.03%
peak → trough
Trough
16 Jul 2026
from the 17 Jun 2026 peak
Recovery time
26 days
recovery only: trough to break-even
Underwater
55 days
decline + recovery: peak to break-even · → recovered on 11 Aug 2026

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
17 Jun 202616 Jul 2026-8.03%11 Aug 202655
24 Aug 202601 Sept 2026-6.66%ongoing8
12 Aug 202613 Aug 2026-1.21%19 Aug 20267
Source: Invesco. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Index tracked

LBMA Gold Price (PM)
This fund belongs to the gold (ETCs and miners) family: compare all census ETFs in this family →

Stock exchange listings

ExchangeTickerTrading since
Borsa Italiana (ETFplus)GLD219 Jun 2026
Börse DüsseldorfG2LD14 Jul 2026
Börse FrankfurtG2LD19 Jun 2026
Börse HamburgG2LD6 Jul 2026
Börse HannoverG2LD29 Jun 2026
Börse München / gettexG2LD23 Jun 2026
Börse StuttgartG2LD14 Jul 2026
Tradegate ExchangeG2LD26 Jun 2026
Xetra (Deutsche Börse)G2LD19 Jun 2026
+ 4 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.

Frequently asked questions

What is the underlying of Invesco Physical Gold II ETC?
The issuer Invesco declares the underlying: LBMA Gold Price (PM).
How much does GLD2 cost?
The issuer-declared TER is 0.12% per year; the transaction costs estimated in the KID are 0.00%.
What is the fund size of GLD2?
The fund size declared by Invesco is about 411 million euro.
When was GLD2 launched?
The fund was launched on 16 June 2026: it has been trading for 80 days: the page fills up as the issuer publishes data.
How does GLD2 replicate its index?
Physical (issuer wording: “Physical”).
Does GLD2 pay dividends?
No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “None”).
Where does GLD2 trade?
Per the official ESMA register it trades on 9 main exchanges, including Borsa Italiana (ETFplus) (GLD2), Börse Düsseldorf (G2LD), Börse Frankfurt (G2LD), Börse Hamburg (G2LD), Börse Hannover (G2LD), Börse München / gettex (G2LD).
What was GLD2's worst fall?
Over the available history (since 2026), the maximum drawdown was -8.03%, reached in July 2026. Past performance is not indicative of future results.
Transparency note
The data in this sheet is declared by Invesco in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.