Data as of Oct 28, 2026.

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GLD vs SCHG: Differences, Returns & Fees

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GLD is a commodity fund and SCHG an equity index fund, and over the year to Oct 28, 2026, SCHG returned +6.8% against +2.5%.

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Net assets: $135.8bn on Oct 27, 2026 for SPDR Gold Shares, and $63.0bn on Aug 31, 2026 for Schwab U.S. Large-Cap Growth ETF.

At a glance
+2.5%
GLD total return, 1 year
+6.8%
SCHG total return, 1 year
0.40%
GLD expense ratio
0.04%
SCHG expense ratio

Pair scorecard

SCHG costs 0.36 points a year less; their one-year returns differ by 4.3 points.

GLD vs SCHG: Differences, Returns & Fees
MeasureGLDSCHG
Return
Total return, 1 year+2.5%+6.8%
Drawdown
Below its high24.7%, high on Jan 29, 20263.5%, high on Oct 6, 2026
Benchmark
What it tracksGoldDow Jones U.S. Large-Cap Growth Total Stock Market Index
Cost and size
Expense ratio0.40%0.04%
Net assets, GLD as of Oct 27, 2026 and SCHG as of Aug 31, 2026$135.8bn$63.0bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight95%
Top ten holdings, share of the fund51.0%

Method

Side by side

GLD SPDR Gold Shares SCHG Schwab U.S. Large-Cap Growth ETF
Where it sits Commodity ETF Stock ETF
What it is Holds gold Tracks an index of U.S. Large-Cap Growth
Total return, 1 year +2.5% +6.8%
Its benchmark over the same days +2.7% (IAU) +13.7% (IVV)
Gap to its benchmark −0.2 pts vs IAU −6.9 pts vs IVV
Expense ratio 0.40% 0.04%
Holdings not counted 192
Net assets, GLD as of Oct 27, 2026 and SCHG as of Aug 31, 2026 $135.8bn $63.0bn

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

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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.

SCHG

SCHG tracks an index of U.S. Large-Cap Growth. Over the year to Oct 28, 2026 it returned +6.8% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.04% a year. By its holdings filed for Aug 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 192 positions, with the top ten at 51.0%. It sat 3.5% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, GLD or SCHG?
In the year to Oct 28, 2026, with distributions reinvested, GLD returned +2.5% and SCHG +6.8%.
Which is cheaper, GLD or SCHG?
SCHG 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.
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ETFIQ, GLD against SCHG, data as of Oct 28, 2026. https://etfiq.com/compare/any/gld-vs-schg

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