Amundi Physical Gold ETC (C)

Gold is most frequently paired with broad market equity ETFs like SXR8, EUNL, and XDWD, as well as diversified bond funds such as AGGH and SXRQ. Allocations to gold vary significantly based on strategy, ranging from a conservative 5 percent in growth-oriented portfolios to a substantial 25 percent in defensive setups like the Cartera Permanente. These equity and bond components act as the primary growth engines, while gold serves as a volatility dampener and a hedge against systemic risk, balancing the higher beta of tech and defense-heavy portfolios.

EuroFolio members utilize gold as a strategic stabilizer rather than a primary return driver. In high-performance portfolios like Iron Dome, gold is held at 20 percent to offset the volatility of aggressive sector bets in semiconductors and defense. Conversely, in more traditional or permanent portfolio structures, gold functions as a core anchor to preserve capital during market downturns. The data shows that while gold is a near-universal inclusion, its weight is inversely correlated with the portfolio's reliance on volatile assets, suggesting that members view it as an essential insurance policy against the drawdown risks inherent in their equity holdings.