Data as of Oct 28, 2026.

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GLDM vs VUSB: Differences, Returns & Fees

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GLDM is a commodity fund and VUSB an actively managed short-term fund, and over the year to Oct 28, 2026, VUSB returned +3.5% against +2.8%.

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Net assets: $30.6bn on Oct 27, 2026 for SPDR Gold MiniShares Trust, and $9.9bn on Sep 30, 2026 for Vanguard Ultra-Short Bond ETF.

At a glance
+2.8%
GLDM total return, 1 year
+3.5%
VUSB total return, 1 year
0.10%
GLDM expense ratio
0.10%
VUSB expense ratio

Pair scorecard

Both cost 0.10% a year; their one-year returns differ by 0.7 points; GLDM is 3.1 times larger.

Points (pts) are percentage points.

GLDM vs VUSB: Differences, Returns & Fees
MeasureGLDMVUSB
Return
Total return, 1 year+2.8%+3.5%
Drawdown
Below its high24.5%, high on Jan 29, 2026
Benchmark
What it tracksGoldNo index, actively managed
Cost and size
Expense ratio0.10%0.10%
Net assets, as of Sep 30, 2026$30.7bn$9.9bn
Holdings
Holdings in commonnot published

Method

Side by side

GLDM SPDR Gold MiniShares Trust VUSB Vanguard Ultra-Short Bond ETF
Where it sits Commodity ETF Bond ETF
What it is Holds gold Actively managed
Total return, 1 year +2.8% +3.5%
Its benchmark over the same days +2.5% (GLD) −1.4% (AGG)
Gap to its benchmark +0.3 pts vs GLD +4.9 pts vs AGG
Expense ratio 0.10% 0.10%
Holdings not counted 1344
Net assets, GLDM as of Oct 27, 2026 and VUSB as of Sep 30, 2026 $30.6bn $9.9bn

GLDM and VUSB 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.

VUSB

VUSB is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +3.5% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.10% a year.

Questions people ask

Which returned more over the last year, GLDM or VUSB?
In the year to Oct 28, 2026, with distributions reinvested, GLDM returned +2.8% and VUSB +3.5%.
Which is cheaper, GLDM or VUSB?
Neither: GLDM and VUSB both charge 0.10% a year. Fees come from each fund's own filings.
Other comparisons
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ETFIQ, GLDM against VUSB, data as of Oct 28, 2026. https://etfiq.com/compare/any/gldm-vs-vusb

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