ETF Versus

GLDM vs XLI

SPDR Gold MiniShares vs State Street Industrial Select Sector SPDR 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
XLI SPDR

State Street Industrial Select Sector SPDR ETF (XLI) is an exchange-traded fund issued by SPDR that provides exposure to us sector - industrials securities. It charges a low expense ratio of 0.08%. The fund offers a moderate dividend yield of 1.19%. Launched in 1998, the fund has a 28-year track record.

AUM: $29.5B ER: 0.08% Yield: 1.19% Since: Dec 16, 1998

Quick Verdict

XLI has a slightly lower expense ratio (0.08% vs 0.10%), saving about $40 per $10,000 over 10 years. Over the past year, GLDM has significantly outperformed with a 50.3% return vs 39.4%.

Key Metrics

Metric GLDM XLI
Expense Ratio 0.10% 0.08%
Dividend Yield N/A 1.2%
Fund Family SPDR SPDR
Category Gold US Sector - Industrials

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%
XLI +70.6%

Performance Comparison

Period GLDM XLI Difference
1 Month -8.03% +1.54% -9.57%
3 Months +3.80% +5.47% -1.67%
6 Months +15.97% +13.63% +2.34%
YTD +10.05% +8.94% +1.11%
1 Year +50.25% +39.36% +10.89%
3 Years +137.19% +73.40% +63.79%
5 Years +173.65% +70.60% +103.05%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period GLDM Fees XLI Fees You Save
$10,000 10 years $199 $159 $40
$10,000 20 years $856 $686 $170
$10,000 30 years $2,758 $2,212 $546
$50,000 10 years $995 $797 $198
$50,000 30 years $13,790 $11,061 $2,728
$100,000 30 years $27,580 $22,123 $5,457

Risk Metrics

Based on 5 years of daily returns

Metric GLDM XLI
Annualized Volatility 17.7% 17.3%
Max Drawdown -20.9% -22.7%
Sharpe Ratio 0.98 0.45

Dividend Comparison

Metric GLDM XLI
Annual Dividend (per share) $0.00 $2.05
Dividend Yield 0.00% 1.19%
Distribution Frequency None Quarterly

Top Holdings

XLI Top Holdings

NameWeight
Caterpillar Inc.CAT6.82%
GE AerospaceGE6.11%
RTX CorporationRTX5.08%
GE Vernova Inc.GEV4.86%
The Boeing CompanyBA3.22%
Deere & CompanyDE2.90%
Eaton Corporation plcETN2.90%
Honeywell International Inc.HON2.79%
Union Pacific CorporationUNP2.78%
Uber Technologies, Inc.UBER2.75%

Which One Should You Choose?

Choose XLI 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.

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