When a company such as Abrdn Gold ETF Trust splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the SGOL split history from start to finish, an original position size of 1000 shares would have turned into 10000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Abrdn Gold ETF Trust shares, starting with a $10,000 purchase of SGOL, presented on a split-history-adjusted basis factoring in the complete SGOL split history.

About Abrdn Gold ETF Trust

Abrdn Gold ETF Trust is an investment trust. Co. holds gold bullion and issues Aberdeen Standard Physical Swiss Gold Shares ETF (Shares), (in minimum blocks of 50,000 shares, also referred to as Baskets) in exchange for deposits of gold and distributes gold in connection with the redemption of Baskets. The investment objective of Co. is for the shares to reflect the performance of the price of gold, less Co.'s expenses and liabilities. Co. is designed to provides an individual owner of beneficial interests in the shares an opportunity to participate in the gold market through an investment in securities. According to our SGOL split history records, Abrdn Gold ETF Trust has had 1 split.

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