ETF Versus

GLDM vs SPYG

SPDR Gold MiniShares vs State Street SPDR Portfolio S&P 500 Growth ETF

Last updated: 2026-04-10

GLDM SPDR

SPDR Gold MiniShares (GLDM) is an exchange-traded fund issued by SPDR that provides exposure to gold securities. It charges a low expense ratio of 0.10%. Launched in 2018, the fund has a 8-year track record.

AUM: $31.3B ER: 0.10% Yield: N/A Since: Jun 25, 2018
SPYG SPDR

State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) is an exchange-traded fund issued by SPDR that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a very low expense ratio of 0.04%. The fund offers a modest dividend yield of 0.54%. Launched in 2000, the fund has a 26-year track record.

AUM: $44.2B ER: 0.04% Yield: 0.54% Since: Sep 25, 2000

Quick Verdict

SPYG has a slightly lower expense ratio (0.04% vs 0.10%), saving about $119 per $10,000 over 10 years. Over the past year, GLDM has significantly outperformed with a 50.3% return vs 36.0%.

Key Metrics

Metric GLDM SPYG
Expense Ratio 0.10% 0.04%
Dividend Yield N/A 0.5%
Fund Family SPDR SPDR
Category Gold US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

80 126 172 218 264 310 2021-04 2022-07 2023-10 2025-01 2026-04
GLDM +173.7%
SPYG +75.3%

Performance Comparison

Period GLDM SPYG Difference
1 Month -8.03% +0.63% -8.66%
3 Months +3.80% -3.48% +7.28%
6 Months +15.97% -0.04% +16.01%
YTD +10.05% -2.09% +12.14%
1 Year +50.25% +35.95% +14.30%
3 Years +137.19% +88.56% +48.63%
5 Years +173.65% +75.34% +98.31%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period GLDM Fees SPYG Fees You Save
$10,000 10 years $199 $80 $119
$10,000 20 years $856 $344 $512
$10,000 30 years $2,758 $1,112 $1,646
$50,000 10 years $995 $399 $596
$50,000 30 years $13,790 $5,560 $8,229
$100,000 30 years $27,580 $11,121 $16,459

Risk Metrics

Based on 5 years of daily returns

Metric GLDM SPYG
Annualized Volatility 17.7% 21.1%
Max Drawdown -20.9% -33.1%
Sharpe Ratio 0.98 0.43

Dividend Comparison

Metric GLDM SPYG
Annual Dividend (per share) $0.00 $0.56
Dividend Yield 0.00% 0.54%
Distribution Frequency None Quarterly

Top Holdings

SPYG Top Holdings

NameWeight
NVIDIA CorporationNVDA14.49%
Microsoft CorporationMSFT9.10%
Apple Inc.AAPL6.22%
Broadcom Inc.AVGO5.44%
Alphabet Inc.GOOG4.82%
Meta Platforms, Inc.META4.39%
Amazon.com, Inc.AMZN3.75%
Berkshire Hathaway Inc.BRK.B2.88%
Eli Lilly and CompanyLLY2.47%

Which One Should You Choose?

Choose SPYG if...

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

Choose GLDM if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Related Comparisons