Data as of Oct 28, 2026.

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GLD vs VXF: Differences, Returns & Fees

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GLD is a commodity fund and VXF an equity index fund, and over the year to Oct 28, 2026, VXF returned +10.6% against +2.5%.

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Net assets: $135.8bn on Oct 27, 2026 for SPDR Gold Shares, and $30.2bn on Sep 30, 2026 for Vanguard Extended Market ETF.

At a glance
+2.5%
GLD total return, 1 year
+10.6%
VXF total return, 1 year
0.40%
GLD expense ratio
0.05%
VXF expense ratio

Pair scorecard

VXF costs 0.35 points a year less; their one-year returns differ by 8.1 points; GLD is 4.7 times larger.

GLD vs VXF: Differences, Returns & Fees
MeasureGLDVXF
Return
Total return, 1 year+2.5%+10.6%
Drawdown
Below its high24.7%, high on Jan 29, 20266.6%, high on Aug 14, 2026
Benchmark
What it tracksGoldS&P Completion Index
Cost and size
Expense ratio0.40%0.05%
Net assets, as of Sep 30, 2026$141.7bn$30.2bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Top ten holdings, share of the fund11.3%

Method

Side by side

GLD SPDR Gold Shares VXF Vanguard Extended Market ETF
Where it sits Commodity ETF Stock ETF
What it is Holds gold Tracks an index of Extended Market
Total return, 1 year +2.5% +10.6%
Its benchmark over the same days +2.7% (IAU) not measured
Gap to its benchmark −0.2 pts vs IAU not measured
Expense ratio 0.40% 0.05%
Holdings not counted 3361
Net assets, GLD as of Oct 27, 2026 and VXF as of Sep 30, 2026 $135.8bn $30.2bn

GLD and VXF 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.

VXF

VXF tracks an index of Extended Market. Over the year to Oct 28, 2026 it returned +10.6% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3,361 positions, with the top ten at 11.3%. It sat 6.6% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, GLD or VXF?
In the year to Oct 28, 2026, with distributions reinvested, GLD returned +2.5% and VXF +10.6%.
Which is cheaper, GLD or VXF?
VXF is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, GLD against VXF, data as of Oct 28, 2026. https://etfiq.com/compare/any/gld-vs-vxf

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