GLDM vs XLI

Comparison between SPDR Gold MiniShares Trust (GLDM, ETF) and THE INDUSTRIAL SELECT SECTOR SPDR FUND (XLI, ETF).

5-Year PerformanceGLDM has outperformed XLI, delivering a return of +20.6% compared to +12.6%

GLDM vs XLI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GLDM(ETF)	XLI(ETF)
Net Assets	$31B	$30B
Expense Ratio	0.10%	0.08%
Max Drawdown	21.63%	63.34%
Sharpe Ratio	1.39	1.32
5Y Beta	0.17	0.89
P/E Ratio	N/A	32.67
Forward P/E	N/A	26.33
PEG Ratio	N/A	0.70
5Y Dividends CAGR	N/A	7.99%
5Y EPS CAGR	N/A	10.48%
Debt to Equity	N/A	65.95%
P/S Ratio	N/A	3.21
P/B Ratio	N/A	7.07

Net Assets

Winner

GLDM

$31B

XLI

$30B

Expense Ratio

GLDM

0.10%

Winner

XLI

0.08%

Max Drawdown

Winner

GLDM

21.63%

XLI

63.34%

Sharpe Ratio

Winner

GLDM

1.39

XLI

1.32

5Y Beta

Winner

GLDM

0.17

XLI

0.89

P/E Ratio

GLDM

N/A

XLI

32.67

Forward P/E

GLDM

N/A

XLI

26.33

PEG Ratio

GLDM

N/A

XLI

0.70

5Y Dividends CAGR

GLDM

N/A

XLI

7.99%

5Y EPS CAGR

GLDM

N/A

XLI

10.48%

Debt to Equity

GLDM

N/A

XLI

65.95%

P/S Ratio

GLDM

N/A

XLI

3.21

P/B Ratio

GLDM

N/A

XLI

7.07

GLDM vs XLI - Historical Returns

Returns include dividend reinvestment.

Period	GLDM	XLI
1 month	-1.13%	+0.52%
3 months	-6.86%	-0.04%
6 months	+12.57%	+14.93%
1 year	+44.20%	+24.53%
5 years(CAGR)	+20.60%	+12.64%
10 years(CAGR)	N/A	+14.16%
Max(CAGR)	+18.00%	+9.17%

GLDM

-1.13%

Winner

XLI

+0.52%

GLDM

-6.86%

Winner

XLI

-0.04%

GLDM

+12.57%

Winner

XLI

+14.93%

Winner

GLDM

+44.20%

XLI

+24.53%

5Y(CAGR)

Winner

GLDM

+20.60%

XLI

+12.64%

10Y(CAGR)

GLDM

N/A

XLI

+14.16%

Max(CAGR)

Winner

GLDM

+18.00%

XLI

+9.17%

GLDM vs XLI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	GLDM	XLI
2026	+8.21%	+10.21%
2025	+62.02%	+19.75%
2024	+27.40%	+18.50%
2023	+12.08%	+17.87%
2022	+1.09%	-4.80%
2021	-6.10%	+24.08%
2020	+24.20%	+8.90%
2019	+18.00%	+28.43%
2018	+1.84%	-13.75%
2017	N/A	+23.23%
2016	N/A	+21.64%
2015	N/A	-4.19%
2014	N/A	+11.92%
2013	N/A	+37.25%
2012	N/A	+12.46%
2011	N/A	-1.82%
2010	N/A	+25.43%
2009	N/A	+17.74%
2008	N/A	-37.71%
2007	N/A	+12.77%
2006	N/A	+13.25%
2005	N/A	+3.64%
2004	N/A	+17.84%
2003	N/A	+28.54%
2002	N/A	-24.58%
2001	N/A	-6.01%
2000	N/A	+9.58%
1999	N/A	+8.76%

GLDM vs XLI Drawdown Comparison

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

The maximum drawdown for XLI was -62.27%, occurring on Mar 9, 2009. Recovery took 896 trading sessions.

The current GLDM drawdown is -13.10%. The current XLI drawdown is -2.68%.

Rank	GLDM	XLI
#1	-21.63% Aug 6, 2020 - Dec 27, 2023	-62.27% Oct 9, 2007 - Apr 29, 2011
#2	-19.14% Jan 29, 2026 - Mar 26, 2026	-43.29% Dec 11, 2000 - Dec 1, 2004
#3	-12.54% Mar 9, 2020 - Apr 9, 2020	-42.31% Feb 12, 2020 - Nov 9, 2020
#4	-10.07% Oct 20, 2025 - Dec 22, 2025	-25.84% Apr 29, 2011 - Mar 15, 2012
#5	-8.09% Oct 30, 2024 - Jan 30, 2025	-24.10% Sep 21, 2018 - Jul 24, 2019
#6	-7.11% Apr 21, 2025 - Jun 13, 2025	-21.66% Jan 4, 2022 - Jun 15, 2023
#7	-6.78% Jul 9, 2018 - Dec 20, 2018	-18.50% Nov 29, 2024 - May 16, 2025
#8	-6.45% Sep 4, 2019 - Jan 6, 2020	-15.69% Feb 20, 2015 - Apr 27, 2016
#9	-5.72% May 20, 2024 - Jul 16, 2024	-14.93% Dec 31, 1999 - Apr 7, 2000
#10	-5.26% Feb 19, 2019 - Jun 18, 2019	-12.57% Aug 1, 2023 - Dec 12, 2023
#11	-4.89% Feb 24, 2020 - Mar 5, 2020	-12.44% May 5, 2006 - Nov 16, 2006
#12	-4.84% Dec 26, 2025 - Jan 12, 2026	-12.22% Mar 2, 2026 - Mar 30, 2026
#13	-4.77% Jun 13, 2025 - Aug 29, 2025	-12.16% Mar 16, 2012 - Dec 10, 2012
#14	-4.73% Mar 31, 2025 - Apr 10, 2025	-11.41% May 16, 2000 - Aug 11, 2000
#15	-4.35% Jul 16, 2024 - Aug 12, 2024	-11.30% Jan 26, 2018 - Sep 21, 2018