GLDM

SPDR Gold MiniShares Trust
*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 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, expense ratios may be different and worth considering. Like all physically held gold funds, taxes on long-term gains can be steep, as GLDM is deemed a collectible by the IRS.

PERFORMANCE [as of 10/22/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GLDM 0.51% -1.11% -6.34% -7.46% 13.09% -- --
GLDM (NAV) 1.95% 0.44% -4.52% -5.05% 13.72% -- --
Gold Spot 1.97% 0.49% -4.20% -4.88% 13.92% 7.39% 0.97%
Gold Spot 1.97% 0.49% -4.20% -4.88% 13.92% 7.39% 0.97%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GLDM Summary Data

SPDR
06/25/18
Grantor Trust
0.18%
$4.25B
$44.57M
0.06%

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%
-0.19%
0.00%
-0.23%

GLDM Tax Exposures

28.00% / 39.60%
--
No

GLDM Fund Structure

Grantor Trust
No
--
N/A
N/A
Low
Daily

GLDM Factset Analytics Block Liquidity

As of 10/25/21
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

2,552,320
$44.57M
2,141,693
$37.80M
0.06%
$0.01
0.06%
1.33% / -1.72%
None
100.00%
100,000
21.42
0.03%
--
0
$17.98
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%