Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
BGLD vs GLDM: how they differ
Over the year GLDM returned more, +19.4% against +4.7%, and GLDM charges 0.18% against 0.91%.
FT Vest Gold Strategy Quarterly Buffer ETF and SPDR Gold MiniShares Trust.
| BGLD FT Vest Gold Strategy Quarterly Buffer ETF | GLDM SPDR Gold MiniShares Trust | |
|---|---|---|
| Where it sits | Buffer ETF | Core index fund |
| Issuer | First Trust | State Street |
| What it is | Defined outcome, 5% to 15% on GLD | Gold MiniShares |
| Total return, 1 year | +4.7% | +19.4% |
| S&P 500 over the same days | +19.1% | +17.5% |
| Gap to the S&P 500 | −14.4 pts | +1.9 pts |
| Expense ratio | 0.91% | 0.18% |
BGLD in plain words
From its price on Sep 13, 2026, the fund can gain about 10.9% more before it reaches its cap. The fund's price can fall 4.0% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, GLD can fall 2.7% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's GLD level. 80 days remained on Sep 13, 2026. On Nov 30, 2026 the period ends and a new cap is set.
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. The prospectus expense ratio is 0.18% a year. It sat 19.4% below its high of Jan 29, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, BGLD or GLDM?
- In the year to Sep 13, 2026, with distributions reinvested, BGLD returned +4.7% and GLDM returned +19.4%, so GLDM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, BGLD or GLDM?
- BGLD charges 0.91% a year and GLDM charges 0.18%, so GLDM is cheaper. Fees come from each fund's prospectus.
- Are BGLD and GLDM the same kind of fund?
- No. BGLD is a buffer ETF and GLDM is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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, BGLD against GLDM, data as of Sep 13, 2026. https://etfiq.com/compare/any/bgld-vs-gldm Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources