Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GLDM vs MOAT: how they differ
GLDM is a commodity fund and MOAT an equity index fund, and over the year GLDM returned more, +19.4% against +11.3%.
SPDR Gold MiniShares Trust and VanEck Morningstar Wide Moat ETF.
| GLDM SPDR Gold MiniShares Trust | MOAT VanEck Morningstar Wide Moat ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | VanEck |
| What it is | Gold MiniShares | Morningstar Wide Moat |
| Total return, 1 year | +19.4% | +11.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.9 pts | −6.2 pts |
| Expense ratio | not published | 0.46% |
| Holdings | not filed | 55 |
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.
MOAT in plain words
MOAT is an index equity fund tracking the Morningstar Wide Moat. Over the year to Sep 11, 2026 it returned +11.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.46% a year. By its holdings filed for Jun 30, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 55 positions, with the top ten at 25.3%. It sat 5.7% below its high of Aug 27, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, GLDM or MOAT?
- In the year to Sep 12, 2026, with distributions reinvested, GLDM returned +19.4% and MOAT returned +11.3%, so GLDM returned more. One year is one year; the longer windows are in the table.
Other comparisons
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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.
Cite this page. ETFIQ, GLDM against MOAT, data as of Sep 12, 2026. https://etfiq.com/compare/any/GLDM-MOAT Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources