黄金ETF哪家强？华安黄金ETF（518880）近5年以80.66%总回报领跑

Core Viewpoint - The Huazhong Gold ETF (518880) has demonstrated strong market appeal and dominance in the gold ETF sector, with a total scale of 598.23 billion yuan as of June 30, 2025, significantly surpassing its competitors [1][3]. Performance Summary - Over the past five years, Huazhong Gold ETF has achieved a total return of 80.66% and an annualized return of 12.55%, leading all comparable gold ETFs [3][4]. - In comparison, the second-ranked Bosera Gold ETF has a total return of 80.36%, while Guotai Gold ETF stands at 80.13% [3][4]. - Despite its long-term leadership, Huazhong Gold ETF's one-year return is 36.01%, trailing behind Huaxia's 36.34% and ICBC's 36.28% [5]. Fund Flow and Fee Structure - In the last 60 trading days, Huazhong Gold ETF experienced a net outflow of 4 billion yuan, potentially due to differentiated fee structures [5]. - Huazhong, Bosera, and Guotai maintain a management fee of 0.5% plus a 0.1% custody fee, while Huaxia and ICBC offer a more competitive rate of 0.15% plus 0.05% [5]. Investment Strategy - Huazhong Gold ETF, with its first-mover advantage and sustained operations, has established itself as a reliable tool for investors to conveniently allocate gold [5]. - Investors are encouraged to consider a phased investment or dollar-cost averaging strategy through Huazhong Gold ETF and its linked funds [5].