Data as of Sep 19, 2026.
BTRN vs GLD: how they differ
Over the year GLD returned more, +19.5% to BTRN's −13.9%, and GLD charges 0.40% to BTRN's 0.95%.
Global X Bitcoin Trend Strategy ETF and SPDR Gold Shares.
| BTRN Global X Bitcoin Trend Strategy ETF | GLD SPDR Gold Shares | |
|---|---|---|
| Where it sits | Alternatives ETF | Core fund |
| Issuer | Global X | State Street |
| What it is | Managed futures | Holds gold |
| Total return, 1 year | −13.9% | +19.5% |
| S&P 500 over the same days | +16.6% | +16.6% |
| Gap to the S&P 500 | −30.5 pts | +3.0 pts |
| Expense ratio | 0.95% | 0.40% |
| Net assets | $2m | $147.8bn |
BTRN in plain words
BTRN is a managed futures fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Sep 18, 2026, its weekly returns had a correlation of +0.21 with the S&P 500’s and a beta of +0.31, so for each 1% the index moved it moved about 0.31% the same way. The S&P 500 fell in 22 of those 52 weeks, by 1.24% on average. In the same weeks BTRN fell 0.64% on average, a down-week capture of 51.2%. Over the same 52 weeks BTRN returned −12.2% and a Treasury bill fund +3.6%, so it finished 15.8 percentage points behind cash.
GLD in plain words
GLD holds gold. Over the year to Sep 18, 2026 it returned +19.5% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.40% a year. It sat 19.1% below its high of Jan 29, 2026 on Sep 18, 2026.
Questions people ask
- Which returned more over the last year, BTRN or GLD?
- In the year to Sep 19, 2026, with distributions reinvested, BTRN returned −13.9% and GLD returned +19.5%, so GLD returned more.
- Which is cheaper, BTRN or GLD?
- BTRN charges 0.95% a year and GLD charges 0.40%, so GLD is cheaper. Fees come from each fund's prospectus.
- Are BTRN and GLD the same kind of fund?
- No. BTRN is an alternatives ETF and GLD is a commodity ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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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, BTRN against GLD, data as of Sep 19, 2026. https://etfiq.com/compare/any/btrn-vs-gld Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources