All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

PHYS: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

PHYS real return snapshot: after CPI-U inflation, PHYS returned +8.16% over the past year and −5.34% YTD, with dividends reinvested. Since Feb. 26, 2010, PHYS is up +118.00% in real purchasing-power return, or +4.81%/yr, and is currently −23.37% below its real total-return high on Jan. 29, 2026.

Data ending Wed Sep. 23, 2026

Growth of $10,000

Fri 2010-02-26💬 to Wed 2026-09-23 Overall
Return 		Exponential
Trendline
PHYS × 		+118.00%
+4.81%/yr 		+1.90%/yr
R2=0.138
Sprott Physical Gold Trust Mutual Fund

Growth of $10,000 Summary

Fri 2010-02-26💬 to Wed 2026-09-23 Start
Value 		End
Value
PHYS × 		$10,000.00
2010-02-26 		$21,800.05
2026-09-23

This Year’s Performance

through 2026-09-23

  YTD YoY
PHYS × 		−5.34% +8.16%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
PHYS × 		−23.37%
on 2026-09-23
from 2026-01-29 peak 		−50.47%
on 2015-12-17
from 2011-08-22 peak

Rolling Returns

Period ending Wed 2026-09-23 1 yr 2 yr 3 yr 5 yr 10 yr
PHYS × 		+8.16% +49.10%
+22.11%/yr 		+97.67%
+25.50%/yr 		+92.03%
+13.94%/yr 		+110.25%
+7.71%/yr

Annual Returns

Year PHYS
2026 (YTD) −5.34%
2025 +59.68%
2024 +22.89%
2023 +9.32%
2022 −7.77%
2021 −11.09%
2020 +22.23%
2019 +15.50%
2018 −4.47%
2017 +10.45%
2016 +5.38%
2015 −11.29%
2014 −2.64%
2013 −30.95%
2012 +1.22%
2011 +8.52%
2010 +27.34%