SPDR Gold MiniShares Trust (GLDM) offers a lower expense ratio than SPDR Gold Shares (GLD), making it a cost-effective choice for gold exposure. Both ETFs have similar one-year returns and five-year drawdowns, closely tracking gold bullion. GLD has significantly higher assets under management and remains the largest gold-backed ETF. GLDM is designed for cost-conscious investors, with a 0.10% expense ratio compared to GLD’s 0.40%. The performance and risk comparison show GLDM slightly outperforming GLD in terms of total return over five years. Both ETFs provide direct gold exposure without distributing dividends.
GLDM and GLD are both ETFs that track the price of gold bullion, with GLDM offering a more cost-effective option for investors seeking gold exposure. GLDM’s lower expense ratio of 0.10% compared to GLD’s 0.40% makes it an attractive choice for cost-conscious investors. The two ETFs have similar performance results over the past five years, with GLDM slightly outperforming GLD in terms of total return. Investors looking to add gold to their portfolios should consider the differences in cost, scale, performance, and risk between GLDM and GLD to determine the best fit for their investment goals.
Read more at Nasdaq: Gold ETFs: GLD is the Largest, But GLDM Provides Cheaper Gold Exposure
