GLD vs SPYV
SPDR Gold Shares vs State Street SPDR Portfolio S&P 500 Value ETF
Last updated: 2026-04-10
SPDR Gold Shares (GLD) is an exchange-traded fund issued by SPDR that provides exposure to gold securities. It charges an above-average expense ratio of 0.40%. Launched in 2004, the fund has a 22-year track record.
State Street SPDR Portfolio S&P 500 Value ETF (SPYV) is an exchange-traded fund issued by SPDR that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 1.78%. Launched in 2000, the fund has a 26-year track record.
Quick Verdict
SPYV is significantly cheaper at 0.04% vs 0.40% expense ratio, saving you approximately $707 per $10,000 invested over 10 years. Over the past year, GLD has significantly outperformed with a 49.8% return vs 22.8%.
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
SPYV Top Holdings
| Name | Weight |
|---|---|
| Apple Inc.AAPL | 6.89% |
| Amazon.com, Inc.AMZN | 3.68% |
| Exxon Mobil CorporationXOM | 2.37% |
| Walmart Inc.WMT | 2.02% |
| Costco Wholesale CorporationCOST | 1.66% |
| Tesla, Inc.TSLA | 1.33% |
| Chevron CorporationCVX | 1.31% |
| Bank of America CorporationBAC | 1.25% |
| The Procter & Gamble CompanyPG | 1.22% |
| The Home Depot, Inc.HD | 1.21% |
Which One Should You Choose?
Choose SPYV if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose GLD if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.