GLD vs IAUM: Differences, Returns & Fees

GLD and IAUM are both commodity funds, and over the year they finished level, −1.3% against −1.1%. Net assets: $141.3bn on Oct 13, 2026 for SPDR Gold Shares, and $7.9bn on Oct 14, 2026 for iShares Gold Trust Micro Shares.

IAUM costs 0.33 points a year less; their one-year returns differ by 0.2 points; GLD is 17.6 times larger.

GLD vs IAUM: Differences, Returns & Fees
GLDIAUM
Expense ratio0.40%0.07%
Net assets$138.6bn$7.9bn
Total return, 1 year−1.3%−1.1%
What it tracksGoldGold
Holdings in commonnot published
Below its high24.2%, high on Jan 29, 202624.1%, high on Jan 29, 2026
−1.3%
GLD total return, 1 year
−1.1%
IAUM total return, 1 year
0.40%
GLD expense ratio
0.07%
IAUM expense ratio
Client brief · page 1 of 2Report BR-4CFA326F39

GLD and IAUM are built for the same job. How do they differ in cost, holdings and results?

  1. Cost. GLD charges 0.40% of assets a year and IAUM 0.07%, a gap of 0.33 points.
  2. Size. GLD has $138.6bn in net assets and IAUM $7.9bn (Net assets); GLD is 17.5 times larger.
  3. What each follows (similar). Both follow Gold.

Data as of Oct 14, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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On the same fields

GLD
SPDR Gold Shares
IAUM
iShares Gold Trust Micro Shares
Where it sits Commodity ETF Commodity ETF
What it is Holds gold Holds gold
Total return, 1 year −1.3% −1.1%
Its benchmark over the same days −1.2% (IAU) −1.3% (GLD)
Gap to its benchmark 0.0 pts vs IAU +0.2 pts vs GLD
Expense ratio 0.40% 0.07%
Net assets, GLD as of Oct 13, 2026 and IAUM as of Oct 14, 2026 $141.3bn $7.9bn

GLD and IAUM on the fields both publish, as of Oct 14, 2026. Source: ETFIQ.

About GLD

GLD holds gold. Over the year to Oct 14, 2026 it returned −1.3% with distributions reinvested, against −1.2% for its benchmark, the price of gold. It sat 24.2% below its high of Jan 29, 2026 on Oct 14, 2026.

Its expense ratio is 0.40% a year, for the three months to Jun 30, 2026, as its 10-Q states.

About IAUM

IAUM holds gold. Over the year to Oct 14, 2026 it returned −1.1% with distributions reinvested, against −1.3% for its benchmark, the price of gold. It sat 24.1% below its high of Jan 29, 2026 on Oct 14, 2026.

Its expense ratio is 0.07% a year, for the three months to Jun 30, 2026, as its 10-Q states.

Questions people ask

Which returned more over the last year, GLD or IAUM?
In the year to Oct 14, 2026, with distributions reinvested, GLD returned −1.3% and IAUM −1.1%.
Which is cheaper, GLD or IAUM?
IAUM is cheaper, by 0.33 percentage points a year. That is about $33 on $10,000 held for a year. Fees come from each fund's own filings.
Cite this pageCitation, APA and Markdown

ETFIQ, GLD against IAUM, data as of Oct 14, 2026. https://etfiq.com/compare/any/gld-vs-iaum

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.