Data as of Oct 28, 2026.
IAU vs SPYM: Differences, Returns & Fees
IAU is a commodity fund and SPYM an equity index fund, and over the year to Oct 28, 2026, SPYM returned +13.7% against +2.7%.
askIQ about this page
askIQ about IAU and SPYMNet assets: $60.1bn on Oct 28, 2026 for iShares Gold Trust, and $185.0bn on Oct 27, 2026 for State Street SPDR Portfolio S&P 500 ETF.
Pair scorecard
SPYM costs 0.23 points a year less; their one-year returns differ by 11.0 points; SPYM is 3.1 times larger.
| Measure | IAU | SPYM |
|---|---|---|
| Return | ||
| Total return, 1 year | +2.7% | +13.7% |
| Drawdown | ||
| Below its high | 24.6%, high on Jan 29, 2026 | |
| Benchmark | ||
| What it tracks | Gold | S&P 500 Index |
| Cost and size | ||
| Expense ratio | 0.25% | 0.02% |
| Net assets, as of Oct 27, 2026 | $60.3bn | $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
IAU and SPYM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
Its expense ratio is 0.25% a year, for the three months to Jun 30, 2026, as its 10-Q states.
IAU holds gold. Over the year to Oct 28, 2026 it returned +2.7% with distributions reinvested, against +2.5% for its benchmark, the price of gold. It sat 24.6% 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, IAU or SPYM?
- In the year to Oct 28, 2026, with distributions reinvested, IAU returned +2.7% and SPYM +13.7%.
- Which is cheaper, IAU or SPYM?
- SPYM is cheaper, by 0.23 percentage points a year. That is about $23 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.
Cite this pageCitation, APA and Markdown
ETFIQ, IAU against SPYM, data as of Oct 28, 2026. https://etfiq.com/compare/any/iau-vs-spym
ETFIQ. (Oct 28, 2026). IAU against SPYM. Retrieved from https://etfiq.com/compare/any/iau-vs-spym
[IAU against SPYM (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/iau-vs-spym)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.