Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GLDM vs XLB: how they differ
GLDM is a commodity fund and XLB an equity index fund, and over the year GLDM returned more, +19.4% against +12.0%.
SPDR Gold MiniShares Trust and State Street(R) Materials Select Sector SPDR(R) ETF.
| GLDM SPDR Gold MiniShares Trust | XLB State Street(R) Materials Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | Gold MiniShares | Materials |
| Total return, 1 year | +19.4% | +12.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.9 pts | −5.5 pts |
| Expense ratio | not published | 0.08% |
| Holdings | not filed | 26 |
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.
XLB in plain words
XLB is an index equity fund tracking the Materials. Over the year to Sep 11, 2026 it returned +12.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 26 positions, with the top ten at 58.5%. It sat 5.1% below its high of Aug 26, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, GLDM or XLB?
- In the year to Sep 12, 2026, with distributions reinvested, GLDM returned +19.4% and XLB returned +12.0%, 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 XLB, data as of Sep 12, 2026. https://etfiq.com/compare/any/GLDM-XLB Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources