Skip to content
← All ETFs
GLDM

SPDR Gold MiniShares Trust

Low-cost physical gold ETF. Same gold exposure as GLD at a fraction of the cost (0.10% vs 0.40%). Designed for buy-and-hold investors.

TER
0.10%
AUM
$9B
CAGR
18.7%
Volatility
15.0%
Max Drawdown
-17.7%
Data Range
2018-06 → 2026-04

Performance Analysis

Maximum Drawdown History

How far the ETF has fallen from its all-time high at each point. Deeper = more painful.

Current DD-7.8%
Worst DD-17.7%
Worst date2022-10

Rolling Returns

Annualized returns over rolling windows. Shows the range of outcomes depending on when you invested.

Avg return13.4%
Best42.2%
Worst-0.8%
% positive95%
59 periods

Key Facts

ISIN
US78463V1070
Issuer
State Street
Benchmark
LBMA Gold Price
Total Expense Ratio (TER)
0.10%
Assets Under Management
$9B approx.
Inception Date
2018-06-25
Domicile
United States
Legal Structure
Grantor Trust
Dividend Policy
Accumulating (auto-reinvests)
Replication Method
Physical (Full Replication)
UCITS Status
✗ Not UCITS
Fund Currency
USD
Primary Exchange
NYSE Arca
Number of Holdings
~1

Equivalent ETFs

These ETFs track the same or very similar underlying index:

Backtest this ETFOfficial Fund Page

Who Is This ETF For?

Inflation hedge and portfolio diversifier. Historically low correlation with stocks and bonds.
Investors preferring automatic dividend reinvestment (no tax event on distributions in many jurisdictions).

Key Risks to Consider

No cash flows or dividends — returns depend entirely on price appreciation.

Non-UCITS: may have unfavorable tax treatment for non-US investors (US estate tax, withholding tax).

Similar ETFs

Related Tools

Data & Methodology

Metadata sourced from official issuer documentation. Price data from Yahoo Finance (monthly adjusted close, includes reinvested dividends and splits). AUM figures are approximate and updated quarterly.

Data source: Yahoo Finance (adjusted close), State Street (metadata)Last verified: 2026-04-17