Which returned more over the last year, GLD or MBB?

In the year to Oct 28, 2026, with distributions reinvested, GLD returned +2.5% and MBB −0.8%.

Which is cheaper, GLD or MBB?

MBB is cheaper, by 0.36 percentage points a year. That is about $36 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

GLD vs MBB: Differences, Returns & Fees

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GLD is a commodity fund and MBB a bond index fund, and over the year to Oct 28, 2026, GLD returned +2.5% against −0.8%.

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Net assets: $135.8bn on Oct 27, 2026 for SPDR Gold Shares, and $35.5bn on Oct 28, 2026 for iShares MBS ETF.

GLD on its own →MBB on its own →

At a glance

+2.5%

GLD total return, 1 year

−0.8%

MBB total return, 1 year

0.40%

GLD expense ratio

0.04%

MBB expense ratio

Pair scorecard

MBB costs 0.36 points a year less; their one-year returns differ by 3.3 points; GLD is 3.8 times larger.

GLD vs MBB: Differences, Returns & Fees
Measure	GLD	MBB
Return
Measure	GLD	MBB
Total return, 1 year	+2.5%	−0.8%
Drawdown
Measure	GLD	MBB
Below its high	24.7%, high on Jan 29, 2026
Benchmark
Measure	GLD	MBB
What it tracks	Gold	Bloomberg U.S. MBS Index
Cost and size
Measure	GLD	MBB
Expense ratio	0.40%	0.04%
Net assets, as of Oct 26, 2026	$134.6bn	$35.6bn
Holdings
Measure	GLD	MBB
Holdings in common	not published

Method

Side by side

GLD SPDR Gold Shares MBB iShares MBS ETF

Where it sits Commodity ETF Bond ETF

Issuer State Street iShares

What it is Holds gold Tracks an index of mortgage-backed securities

Total return, 1 year +2.5% −0.8%

Its benchmark over the same days +2.7% (IAU) −1.1% (SPMB)

Gap to its benchmark −0.2 pts vs IAU +0.3 pts vs SPMB

Expense ratio 0.40% 0.04%

Holdings not counted 10813

Net assets, GLD as of Oct 27, 2026 and MBB as of Oct 28, 2026 $135.8bn $35.5bn

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

Alert

About each fund

GLD

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

GLD holds gold. Over the year to Oct 28, 2026 it returned +2.5% with distributions reinvested, against +2.7% for its benchmark, the price of gold. It sat 24.7% below its high of Jan 29, 2026 on Oct 28, 2026.

MBB

MBB tracks an index of mortgage-backed securities. Over the year to Oct 28, 2026 it returned −0.8% with distributions reinvested, against −1.1% for its benchmark, the Bloomberg U.S. MBS Index. The prospectus expense ratio is 0.04% a year.

Questions people ask

Which returned more over the last year, GLD or MBB?: In the year to Oct 28, 2026, with distributions reinvested, GLD returned +2.5% and MBB −0.8%.
Which is cheaper, GLD or MBB?: MBB is cheaper, by 0.36 percentage points a year. That is about $36 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

GLD vs GOVT GLD vs IEF GLD vs TLT GLD vs IUSB IAU vs MBB GLDM vs MBB MBB vs SLV MBB vs SIVR

Where to next

GLD on its own →MBB on its own →Hold both: look the portfolio through →Rankings →MBB dividend history →MBB holdings →Standards and sources →

Sources and dates

State Street website ↗

MBB filings on SEC EDGAR ↗

MBB prospectus with the expense ratio (SEC) ↗

iShares page for MBB ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, GLD against MBB, data as of Oct 28, 2026. https://etfiq.com/compare/any/gld-vs-mbb

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