| Benford Chart for SGOL 10Q Filed 11/7/2025 | ||||||||||||||||||||||||||||||||||||
Total numbers found: 224 Recent share count: 176,300,000 (1's column) ■ = Typical range across full coverage universe | ||||||||||||||||||||||||||||||||||||
| # of Numbers Found in Filing | |||
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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 11/7/2025
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.
| Benford's Law Stocks Score for SGOL = 28 | ||
Starting from a possible score of 100, we made the following score deductions: • We deducted points upon observing the 1's percentage was above the typical coverage universe range. • We deducted point upon observing the 2's percentage was below the typical coverage universe range. • We deducted points 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 (includes the impact of penalty multiplier) upon observing the 3's percentage was above the typical coverage universe range. • We deducted points (includes the impact of penalty multiplier) upon observing the 3's percentage was above the company's typical historical range. • 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. • 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 below the typical coverage universe range. • The 8's percentage was higher than the 7'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 8's percentage was above the company's typical historical range. • We deducted points upon observing the 9's percentage was below the typical coverage universe range. |
| SGOL's Score Vs. Typical Stock | |||
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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 85 numbers that start with the digit 1. Here they are: 176,300,000 171,100,000 150,700,000 1,638,228.9 100.42 1,638,228.9 100.42 100.00 1,438,867.8 100.01 1,438,867.8 100.01 100.00 1,475 1,475 1,475 1,042 143,841 1,712,756 12,244 12,244 1,871,266 1,864,970 11.61 166,417,391 144,607,609 160,698,168 141,594,891 164,800,000 141,100,000 1,475 16,351 171,100,000 148,800,000 150,700,000 142,200,000 146,266 1,712,756 13,200,000 11,400,000 133,816 171,100,000 148,800,000 19.88 11.59 11.55 166,417,391 144,607,609 160,698,168 141,594,891 17 17 17 17 17 17 17 17 16.29 12.80 100,000 100,000 1,572,153.7 1,348,352.3 18,121.1 1,638,228.9 1,419,414.6 195,211 16,351 1,399 1,438,867.8 1,360,020.7 124,211.0 102,092.4 1,934.4 1,722.2 1,638,228.9 1,419,414.6 133,816 143,841 1,042 1,712,756 17 100,000 1,475,220 | We found 29 numbers that start with the digit 2. Here they are: 2,476,303 25,530 26,394 24.92 26,394 2,476,303 2,476,303 2,401 2,401 2,401 2,425 2.84 2,401 200,235 2,600,000 2,826,258 22.27 24.92 2.86 2.85 25.12 25.12 26.36 25,530,251 2,251 2,826,667 297,916 2,425 2,400,923 | We found 40 numbers that start with the digit 3. Here they are: 3,261,352 3,756,668 3,756,668 3,756,120 36.47 3,261,352 3,261,352 3,756,668 3,756,668 3,756,120 3,975 3,975 3,975 39,403 30,948 3,142,436 300,434 3,737,499 3,756,120 3,975 31,990 31,800,000 302,940 344,321 3,737,499 31.36 36.47 36.47 3,756,668 3,142,874 300,434 39,403 3,732,989 303,387.9 3,756,668 318,791 30,948 3,870 3,732,989 3,975,629 |
| 4's | 5's | 6's |
|---|---|---|
| We found 10 numbers that start with the digit 4. Here they are: 42 432 406,988 412,654 411,179 40,364 406,988 46.35 432 406,988 | We found 17 numbers that start with the digit 5. Here they are: 548 548 548 5,234 5.24 5.24 5,167,663 5,666 5.12 5.27 5.11 5.24 581.1 5,168,377 5,234 5,981 548,448 | We found 21 numbers that start with the digit 6. Here they are: 6,266,717 6,266,717 6,240,323 6,266,717 6,266,717 6,240,323 6,296 6,296 6,296 6,240,323 6,296 6,600,000 6,240,323 6,266,717 6,686.7 671.7 61,857 6,266,717 63,094.9 6,266,717 6,296,252 |
| 7's | 8's | 9's |
|---|---|---|
| We found 7 numbers that start with the digit 7. Here they are: 714,102 746,092 742,117 700,000 714,102 78,330.1 714,102 | We found 11 numbers that start with the digit 8. Here they are: 864 821,650 874,258 871,857 821,650 8,900,000 8,400,000 87,387 84,868.0 821,650 863,677 | We found 4 numbers that start with the digit 9. Here they are: 961 975,798 961 975,799 |
While the above SGOL 10Q Filed 11/7/2025 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 11/7/2025 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.
| 10Q Filed 11/7/2025 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 224 ■ = Typical SGOL range from 5/9/2024 to 11/7/2025 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 2/28/2025 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 162 ■ = Typical SGOL range from 5/9/2024 to 11/7/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 5/9/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 139 ■ = Typical SGOL range from 5/9/2024 to 11/7/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 8/7/2025 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 222 ■ = Typical SGOL range from 5/9/2024 to 11/7/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 11/12/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 224 ■ = Typical SGOL range from 5/9/2024 to 11/7/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 5/8/2025 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 136 ■ = Typical SGOL range from 5/9/2024 to 11/7/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 8/9/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 224 ■ = Typical SGOL range from 5/9/2024 to 11/7/2025 | ||||||||||||||||||||||||||||||||||||