# iShares Gold Trust Micro (IAUM)

> Source: Nexqual · https://nexqual.com/IAUM · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, iShares Gold Trust Micro (IAUM), nexqual.com/IAUM" · informational, not investment advice.

**Price:** USD 39.86 (-0.70% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 40.14 · day 39.62–40.15 · 52w 39.02–55.27 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y -2.5% vs S&P 500 +13.4%; 5Y +123.7% vs S&P 500 +76.9%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Operating income | -$233K | -$773K | -$687K | -$862K | -$2.4M | — |
| Net income | $13.7M | $2.4M | $138M | $285M | $1.60B | $643M |
| Cash + short-term investments | $0K | $0K | — | — | — | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)


## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -2.5% | +123.7% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -2.5% | +17.5% |
| Volatility (annualized) | 28.5% | 16.8% |
| Max drawdown | -26.3% (Jan 2026→Jul 2026) | -24.0% (Feb 2026→Oct 2026) |

## Peers
GLDM (SPDR Gold MiniShares Trust) USD 79.13 -0.67% · AAAU (Goldman Sachs Physical Gold ETF) USD 39.4 -0.68% · SGOL (abrdn Physical Gold Shares ETF) USD 38.07 -0.68% · SIVR (abrdn Physical Silver Shares ET) USD 51.22 -1.29% · OUNZ (VanEck Merk Gold ETF) USD 38.42 -0.67%

## More
Full page: https://nexqual.com/IAUM · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in IAUM's own 10-K filed 2026-02-27 (https://www.sec.gov/Archives/edgar/data/1759124/000143774926006057/iaum20251231_10k.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | BlackRock, Inc. (BLK) | "BlackRock aims to inform and continuously improve its cybersecurity program through engagement with regulatory, client, insurer, vendor, partner, peer, government and industry organizations and associations, as well as e…" |