Data as of Oct 28, 2026.
GLDM vs SPYM: Differences, Returns & Fees
GLDM is a commodity fund and SPYM an equity index fund, and over the year to Oct 28, 2026, SPYM returned +13.7% against +2.8%.
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askIQ about GLDM and SPYMNet assets on Oct 27, 2026: $30.6bn for SPDR Gold MiniShares Trust and $185.0bn for State Street SPDR Portfolio S&P 500 ETF.
Pair scorecard
SPYM costs 0.08 points a year less; their one-year returns differ by 10.9 points; SPYM is 6.0 times larger.
| Measure | GLDM | SPYM |
|---|---|---|
| Return | ||
| Total return, 1 year | +2.8% | +13.7% |
| Drawdown | ||
| Below its high | 24.5%, high on Jan 29, 2026 | |
| Benchmark | ||
| What it tracks | Gold | S&P 500 Index |
| Cost and size | ||
| Expense ratio | 0.10% | 0.02% |
| Net assets, as of Oct 27, 2026 | $30.6bn | $185.0bn |
| Holdings | ||
| Holdings in common | not published | |
| In the S&P 500, by weight | 100% | |
| Top ten holdings, share of the fund | 38.1% | |
Side by side
GLDM and SPYM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
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.
SPYM
SPYM tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.02% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 506 positions, with the top ten at 38.1%.
Questions people ask
- Which returned more over the last year, GLDM or SPYM?
- In the year to Oct 28, 2026, with distributions reinvested, GLDM returned +2.8% and SPYM +13.7%.
- Which is cheaper, GLDM or SPYM?
- SPYM is cheaper, by 0.08 percentage points a year. That is about $8 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.
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ETFIQ, GLDM against SPYM, data as of Oct 28, 2026. https://etfiq.com/compare/any/gldm-vs-spym
ETFIQ. (Oct 28, 2026). GLDM against SPYM. Retrieved from https://etfiq.com/compare/any/gldm-vs-spym
[GLDM against SPYM (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/gldm-vs-spym)
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