Get the weekly note

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 IYE: how they differ

GLDM is a commodity fund and IYE an equity index fund, and over the year IYE returned more, +48.8% against +19.4%.

SPDR Gold MiniShares Trust and iShares U.S. Energy ETF.

GLDM and IYE on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
GLDM
SPDR Gold MiniShares Trust
IYE
iShares U.S. Energy ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isGold MiniSharesU.S. Energy
Total return, 1 year+19.4%+48.8%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+1.9 pts+31.3 pts
Expense rationot published0.37%
Holdingsnot filed38

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.

IYE in plain words

IYE is an index equity fund tracking the U.S. Energy. Over the year to Sep 11, 2026 it returned +48.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.37% a year. By its holdings filed for Apr 30, 2026, 89% of the fund by weight is stocks the S&P 500 also holds, across 38 positions, with the top ten at 69.0%.

Questions people ask

Which returned more over the last year, GLDM or IYE?
In the year to Sep 12, 2026, with distributions reinvested, GLDM returned +19.4% and IYE returned +48.8%, so IYE returned more. One year is one year; the longer windows are in the table.

Other comparisons

Where to next

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

A comparison is not a recommendation. Standards and sources