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

In the year to Sep 13, 2026, with distributions reinvested, GLDM returned +19.4% and USO returned +112.2%, so USO returned more. One year is one year; the longer windows are in the table.

Which is cheaper, GLDM or USO?

GLDM charges 0.18% a year and USO charges 0.45%, so GLDM is cheaper. Fees come from each fund's prospectus.

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 USO: how they differ

GLDM and USO are both commodity funds, and over the year USO returned more, +112.2% against +19.4%.

SPDR Gold MiniShares Trust and United States Oil Fund, LP.

GLDM and USO on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	GLDM SPDR Gold MiniShares Trust	USO United States Oil Fund, LP
Where it sits	Core index fund	Core index fund
Issuer	State Street	USCF
What it is	Gold MiniShares	Oil
Total return, 1 year	+19.4%	+112.2%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	+1.9 pts	+94.7 pts
Expense ratio	0.18%	0.45%

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.

USO in plain words

USO is a commodity fund tracking the Oil. Over the year to Sep 11, 2026 it returned +112.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.45% a year. It sat 57.1% below its high of Apr 8, 2011 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, GLDM or USO?: In the year to Sep 13, 2026, with distributions reinvested, GLDM returned +19.4% and USO returned +112.2%, so USO returned more. One year is one year; the longer windows are in the table.
Which is cheaper, GLDM or USO?: GLDM charges 0.18% a year and USO charges 0.45%, so GLDM is cheaper. Fees come from each fund's prospectus.

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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 USO, 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 USO, data as of Sep 13, 2026. https://etfiq.com/compare/any/gldm-vs-uso Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources