Data as of Oct 28, 2026.
AVEM vs GLD: Differences, Returns & Fees
AVEM is an actively managed equity fund and GLD a commodity fund, and over the year to Oct 28, 2026, AVEM returned +17.9% against +2.5%.
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askIQ about AVEM and GLDNet assets on Oct 27, 2026: $27.3bn for Avantis Emerging Markets Equity ETF and $135.8bn for SPDR Gold Shares.
Pair scorecard
AVEM costs 0.07 points a year less; their one-year returns differ by 15.4 points; GLD is 5.0 times larger.
| Measure | AVEM | GLD |
|---|---|---|
| Return | ||
| Total return, 1 year | +17.9% | +2.5% |
| Drawdown | ||
| Below its high | 10.2%, high on Jun 22, 2026 | 24.7%, high on Jan 29, 2026 |
| Benchmark | ||
| What it tracks | No index, actively managed | Gold |
| Cost and size | ||
| Expense ratio | 0.33% | 0.40% |
| Net assets, as of Oct 27, 2026 | $27.3bn | $135.8bn |
| Holdings | ||
| Holdings in common | not published | |
| In the S&P 500, by weight | 0% | |
| Top ten holdings, share of the fund | 28.7% | |
Side by side
AVEM and GLD on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
AVEM
AVEM is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +17.9% with distributions reinvested. The prospectus expense ratio is 0.33% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 4,088 positions, with the top ten at 28.7%. It sat 10.2% below its high of Jun 22, 2026 on Oct 28, 2026.
Its expense ratio is 0.40% a year, for the three months to Jun 30, 2026, as its 10-Q states.
GLD holds gold. Over the year to Oct 28, 2026 it returned +2.5% with distributions reinvested, against +2.7% for its benchmark, the price of gold. It sat 24.7% below its high of Jan 29, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, AVEM or GLD?
- In the year to Oct 28, 2026, with distributions reinvested, AVEM returned +17.9% and GLD +2.5%.
- Which is cheaper, AVEM or GLD?
- AVEM is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's own filings.
Links are sources, not endorsements. A comparison is not a recommendation.
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ETFIQ, AVEM against GLD, data as of Oct 28, 2026. https://etfiq.com/compare/any/avem-vs-gld
ETFIQ. (Oct 28, 2026). AVEM against GLD. Retrieved from https://etfiq.com/compare/any/avem-vs-gld
[AVEM against GLD (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/avem-vs-gld)
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