GLDM offers a more cost-effective option for gold exposure compared to GLD, with a lower expense ratio. Both ETFs have similar one-year returns and five-year drawdowns, tracking gold bullion closely. GLD has higher assets under management and remains the largest gold-backed ETF in the market. GLDM is a more affordable choice with a 0.10% expense ratio compared to GLD’s 0.40%. It has slightly outperformed GLD over the past five years and is a good option for cost-conscious investors. Investors seeking gold exposure should consider these differences to make the best choice for their portfolio.

Read more at Yahoo Finance: GLD is the Largest, But GLDM Provides Cheaper Gold Exposure