Data as of Oct 28, 2026.

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AVUS vs GLDM: Differences, Returns & Fees

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AVUS is an actively managed equity fund and GLDM a commodity fund, and over the year to Oct 28, 2026, AVUS returned +18.0% against +2.8%.

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Net assets on Oct 27, 2026: $14.8bn for Avantis U.S. Equity ETF and $30.6bn for SPDR Gold MiniShares Trust.

At a glance
+18.0%
AVUS total return, 1 year
+2.8%
GLDM total return, 1 year
0.15%
AVUS expense ratio
0.10%
GLDM expense ratio

Pair scorecard

GLDM costs 0.05 points a year less; their one-year returns differ by 15.2 points; GLDM is 2.1 times larger.

AVUS vs GLDM: Differences, Returns & Fees
MeasureAVUSGLDM
Return
Total return, 1 year+18.0%+2.8%
Drawdown
Below its high24.5%, high on Jan 29, 2026
Benchmark
What it tracksNo index, actively managedGold
Cost and size
Expense ratio0.15%0.10%
Net assets, as of Oct 27, 2026$14.8bn$30.6bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight84%
Top ten holdings, share of the fund30.0%

Method

Side by side

AVUS Avantis U.S. Equity ETF GLDM SPDR Gold MiniShares Trust
Where it sits Stock ETF Commodity ETF
What it is Actively managed Holds gold
Total return, 1 year +18.0% +2.8%
Its benchmark over the same days +13.3% (IWV) +2.5% (GLD)
Gap to its benchmark +4.7 pts vs IWV +0.3 pts vs GLD
Expense ratio 0.15% 0.10%
Holdings 1943 not counted
Net assets, as of Oct 27, 2026 $14.8bn $30.6bn

AVUS and GLDM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
AVUS

Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested, against +13.3% for its benchmark, the Russell 3000.

AVUS is actively managed and tracks no index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 1,943 positions, with the top ten at 30.0%.

GLDM

Its expense ratio is 0.10% a year, for the three months to Jun 30, 2026, as its 10-Q states.

GLDM holds gold. Over the year to Oct 28, 2026 it returned +2.8% with distributions reinvested, against +2.5% for its benchmark, the price of gold. It sat 24.5% below its high of Jan 29, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, AVUS or GLDM?
In the year to Oct 28, 2026, with distributions reinvested, AVUS returned +18.0% and GLDM +2.8%.
Which is cheaper, AVUS or GLDM?
GLDM is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, AVUS against GLDM, data as of Oct 28, 2026. https://etfiq.com/compare/any/avus-vs-gldm

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