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

In the year to Oct 28, 2026, with distributions reinvested, GLDM returned +2.8% and SHV +3.6%.

Which is cheaper, GLDM or SHV?

GLDM is cheaper, by 0.05 percentage points a year. That is about $5 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 SHV: Differences, Returns & Fees

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GLDM is a commodity fund and SHV a bond index fund, and over the year to Oct 28, 2026, SHV returned +3.6% against +2.8%.

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Net assets on Oct 27, 2026: $30.6bn for SPDR Gold MiniShares Trust and $21.7bn for iShares 0-1 Year Treasury Bond ETF.

GLDM on its own →SHV on its own →

At a glance

+2.8%

GLDM total return, 1 year

+3.6%

SHV total return, 1 year

0.10%

GLDM expense ratio

0.15%

SHV expense ratio

Pair scorecard

GLDM costs 0.05 points a year less; their one-year returns differ by 0.8 points; GLDM is 1.4 times larger.

GLDM vs SHV: Differences, Returns & Fees
Measure	GLDM	SHV
Return
Measure	GLDM	SHV
Total return, 1 year	+2.8%	+3.6%
Drawdown
Measure	GLDM	SHV
Below its high	24.5%, high on Jan 29, 2026
Benchmark
Measure	GLDM	SHV
What it tracks	Gold	ICE Short US Treasury Securities Index
Cost and size
Measure	GLDM	SHV
Expense ratio	0.10%	0.15%
Net assets, as of Oct 27, 2026	$30.6bn	$21.7bn
Holdings
Measure	GLDM	SHV
Holdings in common	not published

Method

Side by side

GLDM SPDR Gold MiniShares Trust SHV iShares 0-1 Year Treasury Bond ETF

Where it sits Commodity ETF Bond ETF

Issuer State Street iShares

What it is Holds gold Tracks an index of 0-1 Year Treasury Bond

Total return, 1 year +2.8% +3.6%

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% 0.15%

Holdings not counted 66

Net assets, as of Oct 27, 2026 $30.6bn $21.7bn

GLDM and SHV 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.

SHV

SHV tracks an index of 0-1 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, GLDM or SHV?: In the year to Oct 28, 2026, with distributions reinvested, GLDM returned +2.8% and SHV +3.6%.
Which is cheaper, GLDM or SHV?: GLDM is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

GLDM vs SGOV GLDM vs PULS GLDM vs USFR GLDM vs MINT IAU vs SHV SHV vs USO SHV vs SLV SHV vs SIVR

Where to next

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

Sources and dates

State Street website ↗

SHV filings on SEC EDGAR ↗

SHV prospectus with the expense ratio (SEC) ↗

iShares page for SHV ↗

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

Cite this pageCitation, APA and Markdown

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

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