Data as of Oct 28, 2026.

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GLD vs XLV: Differences, Returns & Fees

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GLD is a commodity fund and XLV an equity index fund, and over the year to Oct 28, 2026, XLV returned +25.6% against +2.5%.

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Net assets on Oct 27, 2026: $135.8bn for SPDR Gold Shares and $47.0bn for State Street Health Care Select Sector SPDR ETF.

At a glance
+2.5%
GLD total return, 1 year
+25.6%
XLV total return, 1 year
0.40%
GLD expense ratio
0.08%
XLV expense ratio

Pair scorecard

XLV costs 0.32 points a year less; their one-year returns differ by 23.1 points; GLD is 2.9 times larger.

GLD vs XLV: Differences, Returns & Fees
MeasureGLDXLV
Return
Total return, 1 year+2.5%+25.6%
Drawdown
Below its high24.7%, high on Jan 29, 2026
Benchmark
What it tracksGoldHealth Care Select Sector Index
Cost and size
Expense ratio0.40%0.08%
Net assets, as of Oct 27, 2026$135.8bn$47.0bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight100%
Top ten holdings, share of the fund60.6%

Method

Side by side

GLD SPDR Gold Shares XLV State Street Health Care Select Sector SPDR ETF
Where it sits Commodity ETF Stock ETF
What it is Holds gold Tracks an index of Health care
Total return, 1 year +2.5% +25.6%
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% 0.08%
Holdings not counted 62
Net assets, as of Oct 27, 2026 $135.8bn $47.0bn

GLD and XLV 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.

XLV

XLV tracks an index of Health care. Over the year to Oct 28, 2026 it returned +25.6% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 62 positions, with the top ten at 60.6%.

Questions people ask

Which returned more over the last year, GLD or XLV?
In the year to Oct 28, 2026, with distributions reinvested, GLD returned +2.5% and XLV +25.6%.
Which is cheaper, GLD or XLV?
XLV is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, GLD against XLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/gld-vs-xlv

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