Which returned more over the last year, GLDM or JAAA?

In the year to Oct 28, 2026, with distributions reinvested, GLDM returned +2.8% and JAAA +4.7%.

Which is cheaper, GLDM or JAAA?

GLDM is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

GLDM vs JAAA: Differences, Returns & Fees

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GLDM is a commodity fund and JAAA an actively managed bond fund, and over the year to Oct 28, 2026, JAAA returned +4.7% against +2.8%.

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Net assets: $30.6bn on Oct 27, 2026 for SPDR Gold MiniShares Trust, and $32.5bn on Oct 28, 2026 for Janus Henderson AAA CLO ETF.

GLDM on its own →JAAA on its own →

At a glance

+2.8%

GLDM total return, 1 year

+4.7%

JAAA total return, 1 year

0.10%

GLDM expense ratio

0.20%

JAAA expense ratio

Pair scorecard

GLDM costs 0.10 points a year less; their one-year returns differ by 1.9 points; JAAA is 1.1 times larger.

GLDM vs JAAA: Differences, Returns & Fees
Measure	GLDM	JAAA
Return
Measure	GLDM	JAAA
Total return, 1 year	+2.8%	+4.7%
Drawdown
Measure	GLDM	JAAA
Below its high	24.5%, high on Jan 29, 2026
Benchmark
Measure	GLDM	JAAA
What it tracks	Gold	No index, actively managed
Cost and size
Measure	GLDM	JAAA
Expense ratio	0.10%	0.20%
Net assets, as of Oct 27, 2026	$30.6bn	$32.5bn
Holdings
Measure	GLDM	JAAA
Holdings in common	not published

Method

Side by side

GLDM SPDR Gold MiniShares Trust JAAA Janus Henderson AAA CLO ETF

Where it sits Commodity ETF Bond ETF

Issuer State Street Janus Henderson

What it is Holds gold Actively managed

Total return, 1 year +2.8% +4.7%

Its benchmark over the same days +2.5% (GLD) not measured

Gap to its benchmark +0.3 pts vs GLD not measured

Expense ratio 0.10% 0.20%

Holdings not counted 598

Net assets, GLDM as of Oct 27, 2026 and JAAA as of Oct 28, 2026 $30.6bn $32.5bn

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

Alert

About each fund

GLDM

Its expense ratio is 0.10% a year, for the three months to Jun 30, 2026, as its 10-Q states.

GLDM holds gold. Over the year to Oct 28, 2026 it returned +2.8% with distributions reinvested, against +2.5% for its benchmark, the price of gold. It sat 24.5% below its high of Jan 29, 2026 on Oct 28, 2026.

JAAA

JAAA is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +4.7% with distributions reinvested. The prospectus expense ratio is 0.20% a year.

Questions people ask

Which returned more over the last year, GLDM or JAAA?: In the year to Oct 28, 2026, with distributions reinvested, GLDM returned +2.8% and JAAA +4.7%.
Which is cheaper, GLDM or JAAA?: GLDM is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

GLDM vs TIP GLDM vs VBIL GLDM vs PFF GLDM vs LQD IAU vs JAAA JAAA vs USO JAAA vs SLV JAAA vs SIVR

Where to next

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

Sources and dates

State Street website ↗

JAAA filings on SEC EDGAR ↗

JAAA prospectus with the expense ratio (SEC) ↗

Janus Henderson page for JAAA ↗

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

Cite this pageCitation, APA and Markdown

ETFIQ, GLDM against JAAA, data as of Oct 28, 2026. https://etfiq.com/compare/any/gldm-vs-jaaa

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