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

In the year to Oct 28, 2026, with distributions reinvested, GLDM returned +2.8% and VLUE +54.7%.

Which is cheaper, GLDM or VLUE?

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 VLUE: Differences, Returns & Fees

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GLDM is a commodity fund and VLUE an equity index fund, and over the year to Oct 28, 2026, VLUE returned +54.7% against +2.8%.

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Net assets: $30.6bn on Oct 27, 2026 for SPDR Gold MiniShares Trust, and $9.4bn on Oct 28, 2026 for iShares MSCI USA Value Factor ETF.

GLDM on its own →VLUE on its own →

At a glance

+2.8%

GLDM total return, 1 year

+54.7%

VLUE total return, 1 year

0.10%

GLDM expense ratio

0.15%

VLUE expense ratio

Pair scorecard

GLDM costs 0.05 points a year less; their one-year returns differ by 51.9 points; GLDM is 3.3 times larger.

GLDM vs VLUE: Differences, Returns & Fees
Measure	GLDM	VLUE
Return
Measure	GLDM	VLUE
Total return, 1 year	+2.8%	+54.7%
Drawdown
Measure	GLDM	VLUE
Below its high	24.5%, high on Jan 29, 2026
Benchmark
Measure	GLDM	VLUE
What it tracks	Gold	MSCI USA Enhanced Value Index
Cost and size
Measure	GLDM	VLUE
Expense ratio	0.10%	0.15%
Net assets, as of Oct 27, 2026	$30.6bn	$9.3bn
Holdings
Measure	GLDM	VLUE
Holdings in common	not published
In the S&P 500, by weight		97%
Top ten holdings, share of the fund		42.8%

Method

Side by side

GLDM SPDR Gold MiniShares Trust VLUE iShares MSCI USA Value Factor ETF

Where it sits Commodity ETF Stock ETF

Issuer State Street iShares

What it is Holds gold Tracks the MSCI USA Value Factor

Total return, 1 year +2.8% +54.7%

Its benchmark over the same days +2.5% (GLD) +13.6% (MLRG)

Gap to its benchmark +0.3 pts vs GLD +41.1 pts vs MLRG

Expense ratio 0.10% 0.15%

Holdings not counted 148

Net assets, GLDM as of Oct 27, 2026 and VLUE as of Oct 28, 2026 $30.6bn $9.4bn

GLDM and VLUE 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.

VLUE

VLUE tracks the MSCI USA Value Factor. Over the year to Oct 28, 2026 it returned +54.7% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 42.8%.

Questions people ask

Which returned more over the last year, GLDM or VLUE?: In the year to Oct 28, 2026, with distributions reinvested, GLDM returned +2.8% and VLUE +54.7%.
Which is cheaper, GLDM or VLUE?: 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 SPYD AVLV vs GLDM GLDM vs SPHD GLDM vs VYM IAU vs VLUE USO vs VLUE SLV vs VLUE SIVR vs VLUE

Where to next

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

Sources and dates

State Street website ↗

VLUE filings on SEC EDGAR ↗

VLUE prospectus with the expense ratio (SEC) ↗

iShares page for VLUE ↗

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

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

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