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

In the year to Oct 28, 2026, with distributions reinvested, GLDM returned +2.8% and LQD −3.4%.

Which is cheaper, GLDM or LQD?

GLDM is cheaper, by 0.04 percentage points a year. That is about $4 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 LQD: Differences, Returns & Fees

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GLDM is a commodity fund and LQD a bond index fund, and over the year to Oct 28, 2026, GLDM returned +2.8% against −3.4%.

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Net assets on Oct 27, 2026: $30.6bn for SPDR Gold MiniShares Trust and $30.6bn for iShares iBoxx $ Investment Grade Corporate Bond ETF.

GLDM on its own →LQD on its own →

At a glance

+2.8%

GLDM total return, 1 year

−3.4%

LQD total return, 1 year

0.10%

GLDM expense ratio

0.14%

LQD expense ratio

Pair scorecard

GLDM costs 0.04 points a year less; their one-year returns differ by 6.2 points.

GLDM vs LQD: Differences, Returns & Fees
Measure	GLDM	LQD
Return
Measure	GLDM	LQD
Total return, 1 year	+2.8%	−3.4%
Drawdown
Measure	GLDM	LQD
Below its high	24.5%, high on Jan 29, 2026	6.3%, high on Sep 22, 2021
Benchmark
Measure	GLDM	LQD
What it tracks	Gold	Markit iBoxx USD Liquid Investment Grade Index
Cost and size
Measure	GLDM	LQD
Expense ratio	0.10%	0.14%
Net assets, as of Oct 27, 2026	$30.6bn	$30.6bn
Holdings
Measure	GLDM	LQD
Holdings in common	not published

Method

Side by side

GLDM SPDR Gold MiniShares Trust LQD iShares iBoxx $ Investment Grade Corporate Bond ETF

Where it sits Commodity ETF Bond ETF

Issuer State Street iShares

What it is Holds gold Tracks an index of US investment grade bonds

Total return, 1 year +2.8% −3.4%

Its benchmark over the same days +2.5% (GLD) −1.2% (IUSB)

Gap to its benchmark +0.3 pts vs GLD −2.2 pts vs IUSB

Expense ratio 0.10% 0.14%

Holdings not counted 3191

Net assets, as of Oct 27, 2026 $30.6bn $30.6bn

GLDM and LQD 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.

LQD

LQD tracks an index of US investment grade bonds. Over the year to Oct 28, 2026 it returned −3.4% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.14% a year. It sat 6.3% below its high of Sep 22, 2021 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, GLDM or LQD?: In the year to Oct 28, 2026, with distributions reinvested, GLDM returned +2.8% and LQD −3.4%.
Which is cheaper, GLDM or LQD?: GLDM is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

GLDM vs IGIB GLDM vs VCIT GLDM vs JAAA GLDM vs SHY IAU vs LQD LQD vs USO LQD vs SLV LQD vs SIVR

Where to next

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

Sources and dates

State Street website ↗

LQD filings on SEC EDGAR ↗

LQD prospectus with the expense ratio (SEC) ↗

iShares page for LQD ↗

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

Cite this pageCitation, APA and Markdown

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

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