ETF Versus

GLDM vs XLK

SPDR Gold MiniShares vs State Street Technology 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
XLK SPDR

State Street Technology Select Sector SPDR ETF (XLK) is an exchange-traded fund issued by SPDR that provides exposure to us sector - technology securities. It charges a low expense ratio of 0.08%. The fund offers a modest dividend yield of 0.54%. Launched in 1998, the fund has a 28-year track record.

AUM: $90.3B ER: 0.08% Yield: 0.54% Since: Dec 16, 1998

Quick Verdict

XLK has a slightly lower expense ratio (0.08% vs 0.10%), saving about $40 per $10,000 over 10 years. GLDM has edged ahead over the past year (50.3% vs 46.8%).

Key Metrics

Metric GLDM XLK
Expense Ratio 0.10% 0.08%
Dividend Yield N/A 0.5%
Fund Family SPDR SPDR
Category Gold US Sector - Technology

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%
XLK +102.2%

Performance Comparison

Period GLDM XLK Difference
1 Month -8.03% +1.60% -9.63%
3 Months +3.80% -2.80% +6.60%
6 Months +15.97% +0.06% +15.91%
YTD +10.05% -1.13% +11.18%
1 Year +50.25% +46.81% +3.44%
3 Years +137.19% +93.34% +43.85%
5 Years +173.65% +102.25% +71.40%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period GLDM Fees XLK 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 XLK
Annualized Volatility 17.7% 24.7%
Max Drawdown -20.9% -34.0%
Sharpe Ratio 0.98 0.51

Dividend Comparison

Metric GLDM XLK
Annual Dividend (per share) $0.00 $0.77
Dividend Yield 0.00% 0.54%
Distribution Frequency None Quarterly

Top Holdings

XLK Top Holdings

NameWeight
NVIDIA CorporationNVDA15.30%
Apple Inc.AAPL13.10%
Microsoft CorporationMSFT9.49%
Broadcom Inc.AVGO5.76%
Micron Technology, Inc.MU3.96%
Advanced Micro Devices, Inc.AMD3.22%
Cisco Systems, Inc.CSCO2.74%
Lam Research CorporationLRCX2.69%
Applied Materials, Inc.AMAT2.63%
Palantir Technologies Inc.PLTR2.49%

Which One Should You Choose?

Choose XLK 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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