GLDM
SPDR Gold MiniShares TrustGLDM 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.
GLDM Summary Data
GLDM Portfolio Data
GLDM Index Data
GLDM Portfolio Management
GLDM Tax Exposures
GLDM Fund Structure
GLDM Factset Analytics Block Liquidity
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
GLDM Top 10 Targeted Commodity Weights
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
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use