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

In the year to Oct 28, 2026, with distributions reinvested, GLDM returned +2.8% and SHY +1.6%.

Which is cheaper, GLDM or SHY?

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 SHY: Differences, Returns & Fees

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GLDM is a commodity fund and SHY a bond index fund, and over the year to Oct 28, 2026, GLDM returned +2.8% against +1.6%.

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Net assets on Oct 27, 2026: $30.6bn for SPDR Gold MiniShares Trust and $27.4bn for iShares 1-3 Year Treasury Bond ETF.

GLDM on its own →SHY on its own →

At a glance

+2.8%

GLDM total return, 1 year

+1.6%

SHY total return, 1 year

0.10%

GLDM expense ratio

0.15%

SHY expense ratio

Pair scorecard

GLDM costs 0.05 points a year less; their one-year returns differ by 1.2 points; GLDM is 1.1 times larger.

GLDM vs SHY: Differences, Returns & Fees
Measure	GLDM	SHY
Return
Measure	GLDM	SHY
Total return, 1 year	+2.8%	+1.6%
Drawdown
Measure	GLDM	SHY
Below its high	24.5%, high on Jan 29, 2026
Benchmark
Measure	GLDM	SHY
What it tracks	Gold	ICE U.S. Treasury 1-3 Year Bond Index
Cost and size
Measure	GLDM	SHY
Expense ratio	0.10%	0.15%
Net assets, as of Oct 27, 2026	$30.6bn	$27.4bn
Holdings
Measure	GLDM	SHY
Holdings in common	not published

Method

Side by side

GLDM SPDR Gold MiniShares Trust SHY iShares 1-3 Year Treasury Bond ETF

Where it sits Commodity ETF Bond ETF

Issuer State Street iShares

What it is Holds gold Tracks an index of 1-3 Year Treasury Bond

Total return, 1 year +2.8% +1.6%

Its benchmark over the same days +2.5% (GLD) +1.7% (BBSB)

Gap to its benchmark +0.3 pts vs GLD −0.1 pts vs BBSB

Expense ratio 0.10% 0.15%

Holdings not counted 90

Net assets, as of Oct 27, 2026 $30.6bn $27.4bn

GLDM and SHY 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.

SHY

SHY tracks an index of 1-3 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +1.6% with distributions reinvested, against +1.7% for its benchmark, the ICE U.S. Treasury 1-3 Year Bond Index. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, GLDM or SHY?: In the year to Oct 28, 2026, with distributions reinvested, GLDM returned +2.8% and SHY +1.6%.
Which is cheaper, GLDM or SHY?: 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 VGSH GLDM vs IEI GLDM vs IGSB GLDM vs SCHP IAU vs SHY SHY vs USO SHY vs SLV SHY vs SIVR

Where to next

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

Sources and dates

State Street website ↗

SHY filings on SEC EDGAR ↗

SHY prospectus with the expense ratio (SEC) ↗

iShares page for SHY ↗

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

Cite this pageCitation, APA and Markdown

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

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