PHYS (Sprott Physical Gold Trust) Moat Score : 3/10 (As of Jul. 07, 2025)

View and export this data going back to 2010. Start your Free Trial

What is Sprott Physical Gold Trust Moat Score?

Sprott Physical Gold Trust has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

Sprott Physical Gold Trust has No Moat: Sprott Physical Gold Trust primarily offers a commodity-based investment with no significant differentiation or competitive advantage. The trust lacks pricing power, brand strength, and customer loyalty, as investors can easily switch to other gold investment vehicles.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Sprott Physical Gold Trust might have No Moat - Very weak/transient advantages.

Competitive Comparison of Sprott Physical Gold Trust's Moat Score

For the Asset Management subindustry, Sprott Physical Gold Trust's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sprott Physical Gold Trust's Moat Score Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sprott Physical Gold Trust's Moat Score distribution charts can be found below:

* The bar in red indicates where Sprott Physical Gold Trust's Moat Score falls into.

Save Embed

;

Save Embed

;

Sprott Physical Gold Trust (ARCA:PHYS) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score	Moat Level
10	Wide Moat - Exceptionally dominant and durable wide moat
8 - 9	Wide Moat - Clear and robust wide moat
7	Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6	Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5	Narrow Moat - Solid narrow moat
4	Narrow Moat - Discernible but modest moat
1 - 3	No Moat - Very weak/transient advantages
0	No Moat - No discernible moat

Sprott Physical Gold Trust Moat Score Related Terms

Thank you for viewing the detailed overview of Sprott Physical Gold Trust's Moat Score provided by GuruFocus.com. Please click on the following links to see related term pages.

Sprott Physical Gold Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sprott Physical Gold Trust (ARCA:PHYS) » Definitions » Moat Score

Comparable Companies

Traded in Other Exchanges

PHYS.U:Canada PHYS:Canada

Address

200 Bay Street, Suite 2600, Royal Bank Plaza, South Tower, P.O. Box 26, Toronto, ON, CAN, M5J 2J1

Website

https://sprott.com

Sprott Physical Gold Trust is a closed-end mutual fund trust. The company provides a secure, convenient and exchange-traded investment alternative for investors interested in holding physical gold bullion without the inconvenience associated with direct investment in physical gold bullion. The company invests mainly in long-term holdings of unencumbered, fully allocated, physical gold bullion and does not and will not speculate about short-term changes in gold prices.