iShares S&P/TSX Global Gold Index ETF…

Home

Daily Stock Opinions and Ratings

iShares S&P/TSX Global Gold Index ETF (XGD.TO)

48.41

+0.60 (1.25%)

as of Jun 26, 2026, 7:59:58 pm Market Open.

247 watching

Investor Insights

Jun 26, 2026, 12:00 am

This summary was created by AI, based on 7 opinions in the last 12 months.

The iShares S&P/TSX Global Gold Index ETF (XGD-T) has garnered mixed reviews from experts, reflecting varying perspectives on gold's future. Several analysts point to strong support for gold equities, citing favorable conditions such as high bullion prices and improving cash flows. However, there's caution about the volatility of gold and a prevailing trend toward base metals like copper and aluminum. Some experts emphasize the importance of diversification, recommending a global approach that balances exposure to both gold and other dividend-paying markets. While gold has performed well this year, concerns about overvaluation and a potential pullback suggest a cautious stance for investors.

Consensus

Cautious

Valuation

Fair Value

Similar

ZGD

DON'T BUY

He owns IAU instead. Gold itself, not gold miners. He buys gold as a diversifier opposite his equity, so he doesn't want more exposure to equities.

COMMENT

You should look at moving averages or trend lines that works with your investment horizon to decide when to buy dips.

BUY

The large gold companies in Canada. Contrast to ZGD, which is BMO's equal weight gold global producers. Gold exposure is important to buffer inflationary shocks. Most portfolios are underexposed to asset classes that can provide returns when inflation starts.

BUY

You get exposure to mid and large cap Canadian companies with some companies abroad. A good way to play the sector without trying to chose specific winners.

BUY

Allan Tong’s Discover Picks Lastly, as I write, the price of gold is hitting new all-time highs. For those late to join the gold party and don’t know whether to buy Newmont, Barrick, Kirkland Lake or Franco-Nevada, this ETF includes all of them and then some. XGD charges a 0.55% MER. Read Top 4 BNN Stock Picks to Buy this Summer for our full analysis.

DON'T BUY

XGD vs. HUG and the impact of the November election XGD is the granddaddy of gold ETF wth top holdings being Newmont, Barrick and FNV, totalling 40%. Given this weighting, he prefers HEP. HUG holds the actual gold. He doesn't know how the US election will effect gold stocks, which is why people buy gold--a reaction to uncertainty.

BUY

HEP-T vs. XGD-T. HEP-T has a covered call overly to the gold stocks and generates extra yield. If you are bullish then you don’t want that covered call. If you are a yield seeker then it is a fine way to get exposure to gold.

TOP PICK

He has not owned gold for a long time. It is a trade that has been working out. Gold allocation on the TSX is now at 10%. It is a flight to safety. Spending will eventually fuel inflation. He did not want to take the risk of an individual stock.

BUY

If you want to play gold it is the best way to do it. With the amount of QE around the world there will be inflation. This is better than buying a company as there are no company specific issues.

COMMENT

He does not like this ETF. He would prefer to own the shares, not just holding derivatives. This can cause discounts to NAV at times. He would prefer to hold solid producers like FNV or ABX. If you want an ETF, he would pick HGGG.

WEAK BUY

He doesn't know if gold has bottomed, but the underlying fundamentals are superb. He would tiptoe into this space in the coming months.

BUY

He's not a gold bug, but you can play defence with gold. You can go 5-10% gold and be fine playing defence this way.

Premium content

It's a Monthly Gems opinion which is available only for Stockchase Premium

Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK

While the TSX has climbed 19% so far this year, the gold ETF, XGD has leapt 31%. Just as revealing is that gold volatility has declined, meaning the risk-on trade in the shiny rock will continue, which likely means prices to march higher and likely re-enter the $1,550 level. Uncertainty over world trade, and declining manufacturing data in economies such as Germany, are feeding the gold run. Also, if the U.S. dollar weakens, expect gold to capitalize.

BUY

He would play gold in Canadian dollars. Why take the risk? He would get it now if you don’t have it. Interest rates are going to move higher and the US$ is going to move lower.

PAST TOP PICK

(A Top Pick Jun 07/19, Up 21%) We saw the period of seasonal strength. If it breaks below $14.50 we may be in trouble. If you want to make money, buy the producers. They lead the way.

Showing 31 to 45 of 224 entries

Most Recent Experts

Jenny Harrington, CEO, Gilman Hill Asset Management

Gilman Hill Asset Management

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Kevin Simpson

Capital Wealth Planning

Bryn Talkington

Requisite Capital Management

Andrey Omelchak

LionGuard Capital Management

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

iShares S&P/TSX Global Gold Index ETF (XGD.TO)