Data as of Oct 28, 2026.

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GLDM vs VGK: Differences, Returns & Fees

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GLDM is a commodity fund and VGK an equity index fund, and over the year to Oct 28, 2026, VGK returned +10.4% against +2.8%.

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Net assets: $30.6bn on Oct 27, 2026 for SPDR Gold MiniShares Trust, and $29.6bn on Sep 30, 2026 for Vanguard FTSE Europe ETF.

At a glance
+2.8%
GLDM total return, 1 year
+10.4%
VGK total return, 1 year
0.10%
GLDM expense ratio
0.06%
VGK expense ratio

Pair scorecard

VGK costs 0.04 points a year less; their one-year returns differ by 7.6 points.

GLDM vs VGK: Differences, Returns & Fees
MeasureGLDMVGK
Return
Total return, 1 year+2.8%+10.4%
Drawdown
Below its high24.5%, high on Jan 29, 20266.1%, high on Aug 25, 2026
Benchmark
What it tracksGoldFTSE Developed Europe All Cap Index
Cost and size
Expense ratio0.10%0.06%
Net assets, as of Sep 30, 2026$30.7bn$29.6bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Top ten holdings, share of the fund19.0%

Method

Side by side

GLDM SPDR Gold MiniShares Trust VGK Vanguard FTSE Europe ETF
Where it sits Commodity ETF Stock ETF
What it is Holds gold Tracks an index of European Stock
Total return, 1 year +2.8% +10.4%
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% 0.06%
Holdings not counted 1245
Net assets, GLDM as of Oct 27, 2026 and VGK as of Sep 30, 2026 $30.6bn $29.6bn

GLDM and VGK on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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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.

VGK

VGK tracks an index of European Stock. Over the year to Oct 28, 2026 it returned +10.4% with distributions reinvested. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,245 positions, with the top ten at 19.0%. It sat 6.1% below its high of Aug 25, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, GLDM or VGK?
In the year to Oct 28, 2026, with distributions reinvested, GLDM returned +2.8% and VGK +10.4%.
Which is cheaper, GLDM or VGK?
VGK is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, GLDM against VGK, data as of Oct 28, 2026. https://etfiq.com/compare/any/gldm-vs-vgk

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