IQ

Data as of Oct 28, 2026.

vsCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Across categories

GLDM vs MAGS: Differences, Returns & Fees

Share
Share on XDownload as PDF

GLDM is a commodity fund and MAGS an actively managed equity fund, and over the year to Oct 28, 2026, MAGS returned +5.8% against +2.8%.

askIQ about this page

askIQ about GLDM and MAGS

Net assets: $30.6bn on Oct 27, 2026 for SPDR Gold MiniShares Trust, and $5.5bn on Oct 28, 2026 for Roundhill Magnificent Seven ETF.

GLDM on its own →MAGS on its own →
At a glance
+2.8%
GLDM total return, 1 year
+5.8%
MAGS total return, 1 year
0.10%
GLDM expense ratio
0.30%
MAGS expense ratio

Pair scorecard

GLDM costs 0.20 points a year less; their one-year returns differ by 3.0 points; GLDM is 5.6 times larger.

GLDM vs MAGS: Differences, Returns & Fees
MeasureGLDMMAGS
Return
Total return, 1 year+2.8%+5.8%
Drawdown
Below its high24.5%, high on Jan 29, 20264.1%, high on Oct 13, 2026
Benchmark
What it tracksGoldNo index, actively managed
Cost and size
Expense ratio0.10%0.30%
Net assets, as of Oct 27, 2026$30.6bn$5.5bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight22%
Holdings datedJun 30, 2026
Top ten holdings, share of the fund29.3%

Method

Side by side

GLDM SPDR Gold MiniShares Trust MAGS Roundhill Magnificent Seven ETF
Where it sits Commodity ETF Stock ETF
Issuer State Street Roundhill
What it is Holds gold Actively managed
Total return, 1 year +2.8% +5.8%
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% 0.30%
Holdings not counted 8
Net assets, GLDM as of Oct 27, 2026 and MAGS as of Oct 28, 2026 $30.6bn $5.5bn

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

Alert

GLDM and MAGS flows, by email on Sundays.

One-click unsubscribe. See Privacy.

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.

MAGS

MAGS is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +5.8% with distributions reinvested. The prospectus expense ratio is 0.30% a year. By its holdings filed for Jun 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 8 positions, with the top ten at 29.3%. It sat 4.1% below its high of Oct 13, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, GLDM or MAGS?
In the year to Oct 28, 2026, with distributions reinvested, GLDM returned +2.8% and MAGS +5.8%.
Which is cheaper, GLDM or MAGS?
GLDM is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's own filings.
Other comparisons
GLDM vs ONEQGLDM vs XOVRGLDM vs VOOGGLDM vs MGKIAU vs MAGSMAGS vs USOMAGS vs SLVMAGS vs SIVR
Where to next
GLDM on its own →MAGS on its own →Hold both: look the portfolio through →Rankings →MAGS dividend history →MAGS holdings →Standards and sources →
Sources and dates
State Street website ↗
MAGS filings on SEC EDGAR ↗
MAGS prospectus with the expense ratio (SEC) ↗
Roundhill page for MAGS ↗

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

Cite this pageCitation, APA and Markdown

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

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.