GLDM vs SGOL: Differences, Returns & Fees

GLDM and SGOL are both commodity funds, and over the year they finished level, −1.0% against −1.1%. Net assets on Oct 13, 2026: $31.0bn for SPDR Gold MiniShares Trust and $7.2bn for abrdn Physical Gold Shares ETF.

GLDM costs 0.07 points a year less; their one-year returns differ by 0.1 points; GLDM is 4.3 times larger.

GLDM vs SGOL: Differences, Returns & Fees
GLDMSGOL
Expense ratio0.10%0.17%
Net assets, as of Oct 13, 2026$31.0bn$7.2bn
Total return, 1 year−1.0%−1.1%
What it tracksGoldGold
Holdings in commonnot published
Below its high24.0%, high on Jan 29, 202624.1%, high on Jan 29, 2026
−1.0%
GLDM total return, 1 year
−1.1%
SGOL total return, 1 year
0.10%
GLDM expense ratio
0.17%
SGOL expense ratio
Client brief · page 1 of 2Report BR-D6914FB99C

GLDM and SGOL are built for the same job. How do they differ in cost, holdings and results?

  1. Size. GLDM has $31.0bn in net assets and SGOL $7.2bn (net assets, as of Oct 13, 2026); GLDM is 4.3 times larger.
  2. What each follows (similar). Both follow Gold.
  3. One-year total return (similar). Over 1 year to Oct 14, 2026 GLDM returned −1.0% and SGOL −1.1% with distributions reinvested, a gap of 0.1 points.

Data as of Oct 14, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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On the same fields

GLDM
SPDR Gold MiniShares Trust
SGOL
abrdn Physical Gold Shares ETF
Where it sits Commodity ETF Commodity ETF
What it is Holds gold Holds gold
Total return, 1 year −1.0% −1.1%
Its benchmark over the same days −1.3% (GLD) −1.3% (GLD)
Gap to its benchmark +0.2 pts vs GLD +0.1 pts vs GLD
Expense ratio 0.10% 0.17%
Net assets, as of Oct 13, 2026 $31.0bn $7.2bn

GLDM and SGOL on the fields both publish, as of Oct 14, 2026. Source: ETFIQ.

About GLDM

GLDM holds gold. Over the year to Oct 14, 2026 it returned −1.0% with distributions reinvested, against −1.3% for its benchmark, the price of gold. It sat 24.0% below its high of Jan 29, 2026 on Oct 14, 2026.

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

About SGOL

SGOL holds gold. Over the year to Oct 14, 2026 it returned −1.1% with distributions reinvested, against −1.3% for its benchmark, the price of gold. It sat 24.1% below its high of Jan 29, 2026 on Oct 14, 2026.

Its expense ratio is 0.17% a year, for the three months to Jun 30, 2026, as its 10-Q states.

Questions people ask

Which returned more over the last year, GLDM or SGOL?
In the year to Oct 14, 2026, with distributions reinvested, GLDM returned −1.0% and SGOL −1.1%.
Which is cheaper, GLDM or SGOL?
GLDM is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's own filings.
Cite this pageCitation, APA and Markdown

ETFIQ, GLDM against SGOL, data as of Oct 14, 2026. https://etfiq.com/compare/any/gldm-vs-sgol

Open data

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