On this page of Benford's Law Stocks.com we present our study of abrdn Gold ETF Trust — ticker symbol SGOL. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 5/9/2024 to 8/7/2026 for abrdn Gold ETF Trust under CIK number 0001450923. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for SGOL, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for abrdn Gold ETF Trust based on the past SGOL filings our system processed in the past.
37.0
10.0
13.2
4.1
5.9
12.8
7.3
4.1
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 219
Recent share count: 179,200,000 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
219
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 2 numbers to move any given column by a full percentage point.
14

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 1's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 2's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 2's percentage was below the company's typical historical range.
 • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier.
 • We deducted points upon observing the 4's percentage was below the typical coverage universe range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was below the typical coverage universe range.
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the company's typical historical range.
 • We deducted points upon observing the 7's percentage was above the typical coverage universe range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 4th column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
SGOL
Low score compared to other filers, falling in the bottom quartile.
Check our work! We provide our abrdn Gold ETF Trust Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the SGOL filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 81 numbers that start with the digit 1. Here they are:
175,500,000
1,057
1,057
175,900,000
178,600,000
1,675,196.7
100.01
1,675,196.7
100.01
100.00
1,702,351.9
100.01
1,702,351.9
100.01
1,057
100.00
1,881
1,464
185,574
104,438
1,083,735
181,045
1.57
178,468,132
162,505,495
179,528,177
157,791,160
179,200,000
161,700,000
1,083,735
181,045
1,300,000
191,024
181,589
175,900,000
164,800,000
178,600,000
150,700,000
189,286
105,902
175,900,000
164,800,000
1.64
1.63
178,468,132
162,505,495
179,528,177
157,791,160
17
17
17
17
17
17
17
17
12.67
100,000
100,000
1,707,357.5
1,543,239.0
12,382.8
1,675,196.7
1,572,153.7
191,024
181,589
1,881
1,083,735
181,045
1,702,351.9
1,438,867.8
1,452.8
1,262.7
1,675,196.7
1,572,153.7
185,574
104,438
1,464
17
100,000
1,056,687
We found 22 numbers that start with the digit 2. Here they are:
2,115
2,115
2,115
257,440
255,325
2.74
2,115
287,260
257,520
22,900,000
256,934
29.73
24.92
2.68
2.72
25.84
287,260
2,078
218,519.9
257,520
256,934
2,114,816
We found 29 numbers that start with the digit 3. Here they are:
3,641,314
3,555,799
38.34
3,641,314
3,641,314
3,555,799
3,555,799
3,272
3,895
3,272
3,895
3,272
3,895
3,712
3,272
3,756,120
3,895
354,464
38.34
31.36
38.34
31.36
3,471
3,756,668
354,464
3,729
3,712
3,272,416
3,895,330
4's 5's 6's
We found 9 numbers that start with the digit 4. Here they are:
41.06
485,450
492,169
4,806,667
4,600,000
43.90
41.06
43,809.0
4,807,344
We found 13 numbers that start with the digit 5. Here they are:
5.54
56,776
5,167,663
5,500,000
5,167,663
5.54
5.56
5.48
57,246.5
56,776
5,168,377
52,403.1
5,168,377
We found 28 numbers that start with the digit 6. Here they are:
6,744,426
6,744,426
6,743,477
6,744,426
6,744,426
6,743,477
6,719
6,719
6,719
674,736
6.29
6,000,000
6,743,477
6,719
674,736
675,364
6,743,477
6.46
6.44
6.62
6,744,426
657.6
6,744,426
675,364
6,827
674,736
6,744,426
6,719,329
7's 8's 9's
We found 16 numbers that start with the digit 7. Here they are:
7,333,647
7,333,647
7,332,590
7,333,647
7,333,647
7,332,590
75,537
7,866,953
76,395
7,332,590
7,333,647
734.6
7,868,101
75,537
78,105.5
7,333,647
We found 9 numbers that start with the digit 8. Here they are:
858
891,106
891,106
8,200,000
8,800,000
86,818.8
858
83,971.3
891,106
We found 12 numbers that start with the digit 9. Here they are:
949
949
949
95,898
985,956
997,008
989,228
993,113
97,779
9,100,000
95,898
948,862
While the above SGOL 10Q Filed 8/7/2026 is interesting in isolation, we have found that it is also useful to take a look at older abrdn Gold ETF Trust filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 8/7/2026 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical SGOL 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

37.0
10.0
13.2
4.1
5.9
12.8
7.3
4.1
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 14
XBRL?   [ original filing ]
Total numbers found: 219

= Typical SGOL range from 5/9/2024 to 8/7/2026
37.9
12.9
17.9
4.5
7.6
9.4
3.1
4.9
1.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 41
XBRL?   [ original filing ]
Total numbers found: 224

= Typical SGOL range from 5/9/2024 to 8/7/2026
37.0
21.0
12.3
14.2
9.9
1.9
2.5
0.6
0.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 54
XBRL?   [ original filing ]
Total numbers found: 162

= Typical SGOL range from 5/9/2024 to 8/7/2026
55.4
28.1
1.4
5.8
2.2
2.9
0.7
0.0
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 31
XBRL?   [ original filing ]
Total numbers found: 139

= Typical SGOL range from 5/9/2024 to 8/7/2026
40.6
9.0
13.5
11.3
0.8
3.0
19.5
1.5
0.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 0
XBRL?   [ original filing ]
Total numbers found: 133

= Typical SGOL range from 5/9/2024 to 8/7/2026
40.1
19.4
14.0
1.8
10.4
5.0
3.6
4.1
1.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL?   [ original filing ]
Total numbers found: 222

= Typical SGOL range from 5/9/2024 to 8/7/2026
38.8
17.0
16.5
7.6
8.0
6.7
4.0
0.4
0.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 224

= Typical SGOL range from 5/9/2024 to 8/7/2026
39.6
14.0
14.0
7.9
9.8
2.4
7.3
1.2
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL?   [ original filing ]
Total numbers found: 164

= Typical SGOL range from 5/9/2024 to 8/7/2026
47.1
17.6
8.8
9.6
4.4
5.9
5.1
0.0
1.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 64
XBRL?   [ original filing ]
Total numbers found: 136

= Typical SGOL range from 5/9/2024 to 8/7/2026
46.9
24.6
11.2
4.5
3.6
3.1
1.3
2.2
2.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 67
XBRL?   [ original filing ]
Total numbers found: 224

= Typical SGOL range from 5/9/2024 to 8/7/2026
 

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