That's a very good question. I hope we find an aswer. It is fund management fee but still there is a better answer to that somewhere.
Tracking error is a measure of how closely the return of the ETF corresponds to that of physical gold price. The lesser the better. Also higher NAV is better i.e. higher ETF price.
Thanks MP,
It is same month contract, so brk should be 20.The questen is hypothitical. Actually I am trading commodity and in commodity individual brokerages are not shown in the contract note.