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 SPHQ: how they differ

GLDM is a commodity fund and SPHQ an equity index fund, and over the year GLDM returned more, +19.4% against +17.4%.

SPDR Gold MiniShares Trust and Invesco S&P 500 Quality ETF.

GLDM and SPHQ on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
GLDM
SPDR Gold MiniShares Trust
SPHQ
Invesco S&P 500 Quality ETF
Where it sitsCore index fundCore index fund
IssueriSharesInvesco
What it isGold MiniSharesS&P 500 Quality
Total return, 1 year+19.4%+17.4%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+1.9 pts−0.1 pts
Expense rationot published0.15%
Holdingsnot filed99

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.

SPHQ in plain words

SPHQ is an index equity fund tracking the S&P 500 Quality. Over the year to Sep 11, 2026 it returned +17.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 40.7%. It sat 6.1% below its high of Jun 30, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, GLDM or SPHQ?
In the year to Sep 12, 2026, with distributions reinvested, GLDM returned +19.4% and SPHQ returned +17.4%, so GLDM 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 SPHQ, 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 SPHQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/GLDM-SPHQ Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources