QAU Potential breakout Good way to play USD gold if based in Australia. XAUUSD looks to be breaking out with a pull back to the trend line and 100dma. Volume is Increasing, Looks likely it’s going to bounce of these support lines and continue its run. Measured move profit target of $24.31 based on the height of the wedge.
Key stats
About BETA GOLD ETF UNITS
Home page
Inception date
May 3, 2011
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
BetaShares Capital Ltd.
ISIN
AU000000QAU7
The investment objective of the Fund is to provide an investment return, before fees and expenses, that closely tracks the performance of the price of gold bullion, with a currency hedge against movements in the AUD/USD exchange rate.
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Top 10 holdings
Gold Gold Gold, Trending up Strong!Gold has been up undisputably. Investor are kept pumping in Cash!
US $ will get weaker but Gold will be Up and Up. more Value than Paper money.
Strong trend that shows bullish in All MAs after years of consolidation.
Where it ends , I don't know but keep riding the waves are smarter choice.
Keep go
QAU etfQAU etf has broken out
on the month chart. bullish as gold is also bullish
the central bankers are still inflationary even with their
increasing interest rates. Govt spending is still
through the roof to maintain this bubble effect.
18.92 will be retested again in the coming months.
and if a break
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
QAU trades at 27.27 AUD today, its price has risen 1.00% in the past 24 hours. Track more dynamics on QAU price chart.
QAU net asset value is 26.87 today — it's fallen 1.18% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
QAU assets under management is 1.08 B AUD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
QAU price has risen by 2.56% over the last month, and its yearly performance shows a 39.70% increase. See more dynamics on QAU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.18% over the last month, have fallen by −1.18% over the last month, showed a 14.20% increase in three-month performance and has increased by 37.38% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.18% over the last month, have fallen by −1.18% over the last month, showed a 14.20% increase in three-month performance and has increased by 37.38% in a year.
QAU fund flows account for 244.72 M AUD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
QAU expense ratio is 0.59%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, QAU isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, QAU technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QAU shows the buy signal. See more of QAU technicals for a more comprehensive analysis.
Today, QAU technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QAU shows the buy signal. See more of QAU technicals for a more comprehensive analysis.
QAU trades at a premium (0.17%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
QAU shares are issued by BetaShares Holdings Pty Ltd.
QAU follows the LBMA Gold Price AM ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 3, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.