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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

GLDM vs INDA: how they differ

GLDM is a commodity fund and INDA an equity index fund, and over the year GLDM returned more, +19.4% against −8.8%.

SPDR Gold MiniShares Trust and iShares MSCI India ETF.

GLDM and INDA on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
GLDM
SPDR Gold MiniShares Trust
INDA
iShares MSCI India ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isGold MiniSharesMSCI India
Total return, 1 year+19.4%−8.8%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+1.9 pts−26.3 pts
Expense rationot published0.61%
Holdingsnot filed169

GLDM in plain words

GLDM is a commodity fund tracking the Gold MiniShares. Over the year to Sep 11, 2026 it returned +19.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. It sat 19.4% below its high of Jan 29, 2026 on Sep 11, 2026.

INDA in plain words

INDA is an index equity fund tracking the MSCI India. Over the year to Sep 11, 2026 it returned −8.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.61% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 169 positions, with the top ten at 33.7%. It sat 17.4% below its high of Sep 26, 2024 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, GLDM or INDA?
In the year to Sep 12, 2026, with distributions reinvested, GLDM returned +19.4% and INDA returned −8.8%, so GLDM returned more. One year is one year; the longer windows are in the table.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

GLDM against INDA, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GLDM against INDA, data as of Sep 12, 2026. https://etfiq.com/compare/any/GLDM-INDA Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources