Which returned more over the last year, DBMF or GLDM?

In the year to Sep 13, 2026, with distributions reinvested, DBMF returned +25.4% and GLDM returned +19.4%, so DBMF returned more. One year is one year; the longer windows are in the table.

Which is cheaper, DBMF or GLDM?

DBMF charges 0.85% a year and GLDM charges 0.18%, so GLDM is cheaper. Fees come from each fund's prospectus.

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

DBMF vs GLDM: how they differ

DBMF is an equity index fund and GLDM a commodity fund, and over the year DBMF returned more, +25.4% against +19.4%.

iMGP DBi Managed Futures Strategy ETF and SPDR Gold MiniShares Trust.

DBMF and GLDM on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	DBMF iMGP DBi Managed Futures Strategy ETF	GLDM SPDR Gold MiniShares Trust
Where it sits	Core index fund	Core index fund
Issuer	iMGP	State Street
What it is	iMGP DBi Managed Futures Strategy	Gold MiniShares
Total return, 1 year	+25.4%	+19.4%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	+7.9 pts	+1.9 pts
Expense ratio	0.85%	0.18%

DBMF in plain words

DBMF is an index equity fund tracking the iMGP DBi Managed Futures Strategy. Over the year to Sep 11, 2026 it returned +25.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.85% a year.

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, DBMF or GLDM?: In the year to Sep 13, 2026, with distributions reinvested, DBMF returned +25.4% and GLDM returned +19.4%, so DBMF returned more. One year is one year; the longer windows are in the table.
Which is cheaper, DBMF or GLDM?: DBMF charges 0.85% a year and GLDM charges 0.18%, so GLDM is cheaper. Fees come from each fund's prospectus.

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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.

DBMF against GLDM, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DBMF against GLDM, data as of Sep 13, 2026. https://etfiq.com/compare/any/dbmf-vs-gldm Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources