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GLDM

SPDR Gold MiniShares Trust
ETF.com segment:
Commodities: Precious Metals Gold
Popular GLDM Comparisons: GLDM vs OUNZ, GLDM vs SGOL, GLDM vs GLD, GLDM vs BAR, GLDM vs AAAU
Related ETF Channels: Physically Held, Global, Precious Metals, Gold, Vanilla, Commodities, Gold Spot
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*Unless otherwise stated, data provided by FactSet.

GLDM Fund Description

GLDM tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults.

GLDM Factset Analytics Insight

GLDM is a slightly modified alternative to State Street’s behemoth gold fund, GLD. There are two main differences between this new offering and its predecessor. First, the handle: GLDM holds roughly 1/10th as much gold per share as GLD, or about the same amount as competitor IAU. That could appeal to investors wishing to place small orders, but is a potential issue for those paying per-share commissions. Second, GLDM charges a considerably smaller fee, among the cheapest in the segment. Like all physically held gold funds, taxes on long-term gains can be steep, as GLDM is deemed a collectible by the IRS.

GLDM Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 10/27/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GLDM 2.10% -0.16% 25.17% 26.25% -- -- --
GLDM (NAV) 2.46% -1.64% 24.95% 25.69% -- -- --
Gold Spot 2.47% -1.60% -- 25.92% 14.61% 10.33% 3.71%
Gold Spot 2.47% -1.60% -- 25.92% 14.61% 10.33% 3.71%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GLDM Summary Data

State Street Global Advisors
SPDR
06/25/18
Grantor Trust
0.18%
$3.74B
$40.92M
0.05%
OUNZ, SGOL, GLD, BAR, AAAU
Fund Home Page

GLDM Portfolio Data

Physically Held
Physically Held
N/A
--

GLDM Index Data

Gold Spot
Single Asset
Single Asset
Gold Spot

GLDM Portfolio Management

0.18%
-0.22%
-0.20%
-0.25%

GLDM Tax Exposures

28.00% / 39.60%
--
No

GLDM Fund Structure

Grantor Trust
No
--
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

GLDM Factset Analytics Block Liquidity

As of 10/28/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of GLDM. GLDM is rated a 5 out of 5.

GLDM Tradability

2,146,373
$40.92M
1,889,444
$36.07M
0.05%
$0.01
0.12%
2.31% / -2.50%
None
100.00%
100,000
18.89
0.04%
--
0
$18.98
5

GLDM Top 10 Targeted Commodity Weights

100.00%
100.00%

GLDM Tenor Strategy

GLDM holds physical bullion. Prices will reflect the current spot market values.

GLDM Rolling Strategy

Since GLDM holds physical bullion rather than futures contracts, it does not have a roll strategy.

GLDM Performance Statistics

1.00
1.00
--
--
0.00%