Get the weekly note

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

GLDM vs SPMO: how they differ

GLDM is a commodity fund and SPMO an equity index fund, and over the year SPMO returned more, +24.5% against +19.4%.

SPDR Gold MiniShares Trust and Invesco S&P 500 Momentum ETF.

GLDM and SPMO on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
GLDM
SPDR Gold MiniShares Trust
SPMO
Invesco S&P 500 Momentum ETF
Where it sitsCore index fundCore index fund
IssuerState StreetInvesco
What it isGold MiniSharesS&P 500 Momentum
Total return, 1 year+19.4%+24.5%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+1.9 pts+7.0 pts
Expense ratio0.18%0.13%
Holdingsnot filed101

GLDM in plain words

GLDM is a commodity fund tracking the Gold MiniShares. Over the year to Sep 11, 2026 it returned +19.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. It sat 19.4% below its high of Jan 29, 2026 on Sep 11, 2026.

SPMO in plain words

SPMO is an index equity fund tracking the S&P 500 Momentum. Over the year to Sep 11, 2026 it returned +24.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.13% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 51.9%. It sat 8.3% below its high of Jun 22, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, GLDM or SPMO?
In the year to Sep 13, 2026, with distributions reinvested, GLDM returned +19.4% and SPMO returned +24.5%, so SPMO returned more. One year is one year; the longer windows are in the table.
Which is cheaper, GLDM or SPMO?
GLDM charges 0.18% a year and SPMO charges 0.13%, so SPMO is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where to next

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

GLDM against SPMO, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GLDM against SPMO, data as of Sep 13, 2026. https://etfiq.com/compare/any/gldm-vs-spmo Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources