GLDM ETF Report: Ratings, Analysis, Quotes, Holdings

Competing ETFs: GLD, IAU, SGOL, BAR, OUNZ

Related ETF Channels: Physically Held, Precious Metals, Global, Gold Spot, Gold, Vanilla, Commodities

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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 (%)

1 Month
3 Months
YTD
1 Year
3 Years
5 Years
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3 Months
YTD
1 Year
3 Years
5 Years
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PERFORMANCE [as of 12/04/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS

GLDM -2.32% -4.47% 14.98% 19.93% -- -- --

GLDM (NAV) -2.29% -4.63% 14.90% 18.72% -- -- --

Gold Spot -2.28% -4.59% -- 18.93% 7.92% 4.06% --

Gold Spot -2.28% -4.59% -- 18.93% 7.92% 4.06% 2.17%

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%

$1.13B

$15.00M

0.07%

Fund Home Page

GLDM Portfolio Data

Physically Held

N/A

GLDM Index Data

Gold Spot

Single Asset

Gold Spot

GLDM Portfolio Management

0.18%

Max. Downside Tracking Difference (12 Mo) --

GLDM Tax Exposures

28.00% / 39.60%

GLDM Fund Structure

Grantor Trust

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 12/05/19

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

1,012,896

$15.00M

857,097

$12.74M

0.07%

$0.01

0.06%

2.78% / -1.63%

None

100.00%

100,000

8.57

0.03%

$14.71

GLDM Top 10 Targeted Commodity Weights

EQUITY OTHER 100.00%

Total Top 10 Weighting 100%

GLDM Tenor Strategy

N/A

GLDM Rolling Strategy

N/A

GLDM Performance Statistics

1.00

0.00%

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