GLDM
SPDR Gold MiniShares (GLDM)
GLDM (SPDR Gold MiniShares) charges a 0.10% expense ratio. On a $10,000 investment that is about $10.00 per year in fund fees, or about $100 per year on $100,000. The fee is deducted automatically from the fund's value, not billed separately. See how expense ratios work →
Performance (data as of Jul 14, 2026): YTD -6.6% · 1-year +22.7% · 3-year +28.8% annualized · 5-year +17.8% annualized. $27.3B in assets. Past performance does not guarantee future results.
The cheapest mainstream gold ETF at 0.10%, holding the same London Good Delivery bars as GLD and IAU. State Street launched GLDM specifically for buy-and-hold investors who do not need GLD's options market. Over 30 years, the 0.30% fee advantage over GLD is roughly $7,000 on a $100,000 position, compounding.
✓ Who it's actually for
! Know this before you buy
Editorial opinion based on documented fund characteristics, not personalized investment advice. ETF BFF is not a registered investment advisor.
📖 New to ETF fact sheets? Here's how to use this page:
📈 Performance history
Annualized where notedReturns are price-based and exclude dividend reinvestment. Total return will typically be higher by approximately the fund's annual yield. Past performance does not guarantee future results.
How does this ETF stack up against the competition?
⚖️ Compare side by side →🗂️ What's inside this ETF
Top Holdings
| Gold (Physical) | 100% |
Recent snapshot. Live weights load automatically.
What you actually own
🛡️ Risk and volatility
✅ Before you buy this ETF
Check these boxes before buying. Good investing habits matter more than picking the right fund.
❓ Questions people actually ask about this ETF
-
GLDM's expense ratio is 0.10% per year. On a $10,000 investment, that is roughly $10.00 per year in fund fees, automatically deducted from the fund's NAV, not billed separately. What expense ratios cover, and what a good one looks like →
-
The cheapest mainstream gold ETF at 0.10%, holding the same London Good Delivery bars as GLD and IAU. State Street launched GLDM specifically for buy-and-hold investors who do not need GLD's options market. Over 30 years, the 0.30% fee advantage over GLD is roughly $7,000 on a $100,000 position, compounding. Past performance does not guarantee future results. Educational only, not personalized investment advice. ETF BFF is not a registered investment advisor.
-
GLDM returned +22.7% over the trailing 12 months. Past performance does not guarantee future results. ETF returns fluctuate with market conditions. Educational only, not personalized investment advice.
-
GLDM (SPDR Gold MiniShares) has $27.3B in assets under management. AUM is a measure of fund size and liquidity. Larger funds generally have tighter bid-ask spreads and are less likely to close. It is not a measure of quality or expected returns.
-
GLDM's dividend yield and payment schedule are shown in the key facts section of this fact sheet. ETF dividends are passed through from the fund's underlying holdings. Not all ETFs pay dividends. Educational only, not personalized investment advice.
-
Use the ETF BFF comparison tool at etfbff.com/research/compare/ to run a side-by-side analysis of GLDM against similar ETFs, covering expense ratios, holdings overlap, performance history, and our plain-English verdict on which one fits your goals.
All answers are educational and general in nature, not personal financial advice. Always verify data with the fund issuer and do your own research before investing.