Data as of Oct 28, 2026.
GLDM vs SCHG: Differences, Returns & Fees
GLDM is a commodity fund and SCHG an equity index fund, and over the year to Oct 28, 2026, SCHG returned +6.8% against +2.8%.
askIQ about this page
askIQ about GLDM and SCHG
Net assets: $30.6bn on Oct 27, 2026 for SPDR Gold MiniShares Trust, and $63.0bn on Aug 31, 2026 for Schwab U.S. Large-Cap Growth ETF.
Pair scorecard
SCHG costs 0.06 points a year less; their one-year returns differ by 4.0 points.
| Measure | GLDM | SCHG |
|---|---|---|
| Return | ||
| Total return, 1 year | +2.8% | +6.8% |
| Drawdown | ||
| Below its high | 24.5%, high on Jan 29, 2026 | 3.5%, high on Oct 6, 2026 |
| Benchmark | ||
| What it tracks | Gold | Dow Jones U.S. Large-Cap Growth Total Stock Market Index |
| Cost and size | ||
| Expense ratio | 0.10% | 0.04% |
| Net assets, GLDM as of Oct 27, 2026 and SCHG as of Aug 31, 2026 | $30.6bn | $63.0bn |
| Holdings | ||
| Holdings in common | not published | |
| In the S&P 500, by weight | 95% | |
| Top ten holdings, share of the fund | 51.0% | |
Risk and return
Jul 6, 2018 to Oct 23, 2026 · 433 weekly returnsEach against its own benchmark: GLDM against GLD, Jul 6, 2018 to Oct 23, 2026; SCHG against IVV, Dec 18, 2009 to Oct 23, 2026.
SCHG returned more: +279.6% to +215.1%. GLDM swung less: 16.0% to 21.7%. GLDM fell less at its worst: −24.0% to −34.2%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | GLDM | SCHG | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +215.1% | +279.6% | SCHG | Price change plus distributions, reinvested. |
| Annualized | +14.8% | +17.4% | SCHG | Total return as a yearly rate. |
| Price return | +215.1% | +261.2% | SCHG | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 16.0% | 21.7% | GLDM | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 10.5% | 14.5% | GLDM | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −24.0% | −34.2% | GLDM | Deepest fall from a high to the low after it. |
| Upside capture | 100.0% | 121.1% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 99.6% | 108.1% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 1.00 | 1.10 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 1.00 | 0.92 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.77 | 0.72 | GLDM (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 1.17 | 1.07 | GLDM (slight) | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.123 | 0.138 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.62 | 0.51 | GLDM | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | GLD | IVV | The ETF each fund is measured against. | |
| Alpha | +0.3% a year | +0.8% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 1.42 | 0.65 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −0.1% to +0.7% | −1.7% to +3.4% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | 0.43 | 0.40 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 0.6% | 5.5% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 433 weekly returns. Cash rate: the 13-week Treasury bill.
Side by side
GLDM and SCHG on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
GLDM and SCHG do different jobs. What does each one do in a portfolio?
- What each follows. GLDM follows Gold and SCHG follows Dow Jones U.S. Large-Cap Growth Total Stock Market Index.
- One-year total return. Over 1 year to Oct 28, 2026 GLDM returned +2.8% and SCHG +6.8% with distributions reinvested, a gap of 4.0 points.
- Cost (similar). GLDM charges 0.10% of assets a year and SCHG 0.04%, a gap of 0.06 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
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.
SCHG
SCHG tracks an index of U.S. Large-Cap Growth. Over the year to Oct 28, 2026 it returned +6.8% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.04% a year. By its holdings filed for Aug 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 192 positions, with the top ten at 51.0%. It sat 3.5% below its high of Oct 6, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, GLDM or SCHG?
- In the year to Oct 28, 2026, with distributions reinvested, GLDM returned +2.8% and SCHG +6.8%.
- Which is cheaper, GLDM or SCHG?
- SCHG is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's own filings.
Links are sources, not endorsements. A comparison is not a recommendation.
Cite this pageCitation, APA and Markdown
ETFIQ, GLDM against SCHG, data as of Oct 28, 2026. https://etfiq.com/compare/any/gldm-vs-schg
ETFIQ. (Oct 28, 2026). GLDM against SCHG. Retrieved from https://etfiq.com/compare/any/gldm-vs-schg
[GLDM against SCHG (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/gldm-vs-schg)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.