ETF Versus

GLD vs XLE

SPDR Gold Shares vs State Street Energy Select Sector SPDR ETF

Last updated: 2026-04-10

GLD SPDR

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.

AUM: $162.2B ER: 0.40% Yield: N/A Since: Nov 18, 2004
XLE SPDR

State Street Energy Select Sector SPDR ETF (XLE) is an exchange-traded fund issued by SPDR that provides exposure to us sector - energy securities. It charges a low expense ratio of 0.08%. The fund offers an attractive dividend yield of 2.62%. Launched in 1998, the fund has a 28-year track record.

AUM: $40.6B ER: 0.08% Yield: 2.62% Since: Dec 16, 1998

Quick Verdict

XLE is significantly cheaper at 0.08% vs 0.40% expense ratio, saving you approximately $627 per $10,000 invested over 10 years. GLD has edged ahead over the past year (49.8% vs 47.9%).

Key Metrics

Metric GLD XLE
Expense Ratio 0.40% 0.08%
Dividend Yield N/A 2.6%
Fund Family SPDR SPDR
Category Gold US Sector - Energy

Performance Chart

Indexed to 100 at start (5-year comparison)

90 134 178 222 266 310 2021-04 2022-07 2023-10 2025-01 2026-04
GLD +169.9%
XLE +138.2%

Performance Comparison

Period GLD XLE Difference
1 Month -8.02% -0.09% -7.93%
3 Months +3.74% +22.85% -19.11%
6 Months +15.85% +31.81% -15.96%
YTD +9.98% +24.71% -14.73%
1 Year +49.83% +47.91% +1.92%
3 Years +135.15% +31.68% +103.47%
5 Years +169.92% +138.15% +31.77%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period GLD Fees XLE Fees You Save
$10,000 10 years $786 $159 $627
$10,000 20 years $3,334 $686 $2,648
$10,000 30 years $10,601 $2,212 $8,388
$50,000 10 years $3,932 $797 $3,135
$50,000 30 years $53,003 $11,061 $41,941
$100,000 30 years $106,005 $22,123 $83,882

Risk Metrics

Based on 5 years of daily returns

Metric GLD XLE
Annualized Volatility 17.8% 26.1%
Max Drawdown -21.0% -26.9%
Sharpe Ratio 0.96 0.63

Dividend Comparison

Metric GLD XLE
Annual Dividend (per share) $0.00 $1.49
Dividend Yield 0.00% 2.62%
Distribution Frequency None Quarterly

Top Holdings

XLE Top Holdings

NameWeight
Exxon Mobil CorporationXOM23.09%
Chevron CorporationCVX17.03%
ConocoPhillipsCOP7.23%
SLB N.V.SLB4.33%
The Williams Companies, Inc.WMB4.30%
EOG Resources, Inc.EOG4.21%
Valero Energy CorporationVLO4.08%
Marathon Petroleum CorporationMPC3.82%
Phillips 66PSX3.78%
Kinder Morgan, Inc.KMI3.60%

Which One Should You Choose?

Choose XLE if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

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