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GLDM vs IAU

Comparison between SPDR Gold MiniShares Trust (GLDM, ETF) and iShares Gold Trust (IAU, ETF).

5-Year PerformanceGLDM has outperformed IAU, delivering a return of +17.8% compared to +17.6%

GLDM vs IAU - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
GLDM
$31B
Winner
IAU
$72B
Expense Ratio
Winner
GLDM
0.10%
IAU
0.25%
Max Drawdown
Winner
GLDM
21.63%
IAU
45.14%
Sharpe Ratio
Winner
GLDM
0.92
IAU
0.92
5Y Beta
Winner
GLDM
0.19
IAU
0.20

GLDM vs IAU - Historical Returns

Returns include dividend reinvestment.

1M
GLDM
-5.23%
Winner
IAU
-5.22%
3M
Winner
GLDM
-14.90%
IAU
-14.97%
6M
Winner
GLDM
+2.68%
IAU
+2.63%
1Y
Winner
GLDM
+28.49%
IAU
+28.33%
5Y(CAGR)
Winner
GLDM
+17.80%
IAU
+17.64%
10Y(CAGR)
GLDM
N/A
IAU
+12.97%
Max(CAGR)
Winner
GLDM
+16.63%
IAU
+11.13%

GLDM vs IAU - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

YearGLDMIAU
2026-0.37%-0.42%
2025+62.02%+61.73%
2024+27.40%+27.14%
2023+12.08%+11.90%
2022+1.09%+0.96%
2021-6.10%-6.17%
2020+24.20%+24.09%
2019+18.00%+17.89%
2018+1.84%-3.00%
2017N/A+12.10%
2016N/A+6.74%
2015N/A-11.04%
2014N/A-3.70%
2013N/A-28.76%
2012N/A+4.09%
2011N/A+10.20%
2010N/A+26.49%
2009N/A+24.34%
2008N/A+2.09%
2007N/A+32.34%
2006N/A+18.87%
2005N/A+21.17%

GLDM vs IAU Drawdown Comparison

The maximum drawdown for GLDM was -21.63%, occurring on Sep 26, 2022. Recovery took 853 trading sessions.

The maximum drawdown for IAU was -45.14%, occurring on Dec 2, 2015. Recovery took 2246 trading sessions.

The current GLDM drawdown is -20.00%. The current IAU drawdown is -20.04%.

RankGLDMIAU
#1-21.63%
Aug 6, 2020 - Dec 27, 2023
-45.14%
Aug 22, 2011 - Jul 27, 2020
#2-20.00%
Jan 29, 2026 - Jun 5, 2026
-29.23%
Mar 17, 2008 - Sep 16, 2009
#3-12.54%
Mar 9, 2020 - Apr 9, 2020
-21.99%
May 11, 2006 - Sep 18, 2007
#4-10.07%
Oct 20, 2025 - Dec 22, 2025
-21.82%
Aug 6, 2020 - Mar 4, 2024
#5-8.09%
Oct 30, 2024 - Jan 30, 2025
-20.04%
Jan 29, 2026 - Jun 5, 2026
#6-7.11%
Apr 21, 2025 - Jun 13, 2025
-12.71%
Dec 2, 2009 - May 11, 2010
#7-6.78%
Jul 9, 2018 - Dec 20, 2018
-10.05%
Oct 20, 2025 - Dec 22, 2025
#8-6.45%
Sep 4, 2019 - Jan 6, 2020
-8.13%
Oct 30, 2024 - Jan 30, 2025
#9-5.72%
May 20, 2024 - Jul 16, 2024
-8.03%
Dec 6, 2010 - Mar 1, 2011
#10-5.26%
Feb 19, 2019 - Jun 18, 2019
-7.50%
Jun 18, 2010 - Sep 14, 2010
#11-4.89%
Feb 24, 2020 - Mar 5, 2020
-7.15%
Apr 21, 2025 - Jun 13, 2025
#12-4.84%
Dec 26, 2025 - Jan 12, 2026
-6.76%
Dec 12, 2005 - Jan 3, 2006
#13-4.77%
Jun 13, 2025 - Aug 29, 2025
-6.61%
Mar 11, 2005 - Aug 12, 2005
#14-4.73%
Mar 31, 2025 - Apr 10, 2025
-6.13%
Nov 7, 2007 - Dec 28, 2007
#15-4.35%
Jul 16, 2024 - Aug 12, 2024
-5.90%
Feb 2, 2006 - Mar 29, 2006

Correlation

Correlation between GLDM and IAU is 1.00 which considered as a very strong positive correlation - the stocks move almost identically together.

1.00
-101

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