SPDR Gold MiniShares Trust (GLDM) has a lower expense ratio than iShares Gold Trust (IAU), making it more appealing to cost-conscious gold investors. Both funds track gold prices, but GLDM has a smaller historical drawdown than IAU over the past five years. GLDM is a pure gold exposure vehicle with no sector or issuer quirks, while IAU follows a similar approach. GLDM has a lower expense ratio and higher growth over five years compared to IAU, making it a favorable option for gold exposure. Investors seeking gold exposure may find GLDM to be the more cost-effective choice.

Read more at Yahoo Finance: GLDM Offers Lower Costs, While IAU Boasts More Assets Under Management