SPDR Gold Trust (GLD)
GLD is an exchange-traded fund (ETF) that tracks the price of gold. It is designed to provide investors with a convenient and low-cost way to gain exposure to gold, which is widely regarded as a store of value and a hedge against inflation.
ETF Info
US78463V1070
78463V107
Nov 18, 2004
1x
Gold Bullion
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR Gold Trust, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SPDR Gold Trust had a return of 29.03% year-to-date (YTD) and 33.65% in the last 12 months. Over the past 10 years, SPDR Gold Trust had an annualized return of 7.94%, while the S&P 500 had an annualized return of 11.16%, indicating that SPDR Gold Trust did not perform as well as the benchmark.
GLD
29.03%
-2.86%
14.34%
33.65%
12.39%
7.94%
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of GLD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.42% | 0.46% | 8.67% | 2.99% | 1.62% | -0.13% | 5.37% | 2.09% | 5.09% | 4.30% | 29.03% | ||
| 2023 | 5.76% | -5.37% | 7.92% | 0.86% | -1.34% | -2.22% | 2.29% | -1.28% | -4.76% | 7.37% | 2.53% | 1.28% | 12.69% |
| 2022 | -1.68% | 6.12% | 1.27% | -2.07% | -3.26% | -1.57% | -2.59% | -2.94% | -2.89% | -1.78% | 8.49% | 2.93% | -0.77% |
| 2021 | -3.22% | -6.26% | -1.14% | 3.56% | 7.68% | -7.15% | 2.53% | -0.08% | -3.22% | 1.48% | -0.69% | 3.30% | -4.15% |
| 2020 | 4.50% | -0.64% | -0.22% | 7.26% | 2.59% | 2.74% | 10.79% | -0.32% | -4.17% | -0.52% | -5.41% | 7.01% | 24.81% |
| 2019 | 2.89% | -0.61% | -1.60% | -0.66% | 1.76% | 8.00% | 0.01% | 7.91% | -3.39% | 2.56% | -3.21% | 3.66% | 17.86% |
| 2018 | 3.23% | -2.08% | 0.63% | -0.95% | -1.20% | -3.61% | -2.24% | -2.14% | -0.66% | 2.12% | 0.34% | 4.94% | -1.94% |
| 2017 | 5.42% | 3.18% | -0.43% | 1.73% | -0.12% | -2.16% | 2.31% | 4.20% | -3.37% | -0.75% | 0.36% | 2.11% | 12.81% |
| 2016 | 5.41% | 10.93% | -0.84% | 5.11% | -6.14% | 8.97% | 1.98% | -3.26% | 0.69% | -2.94% | -8.36% | -1.91% | 8.03% |
| 2015 | 8.69% | -5.91% | -2.15% | -0.17% | 0.56% | -1.52% | -6.62% | 3.71% | -1.80% | 2.28% | -6.75% | -0.45% | -10.67% |
| 2014 | 3.42% | 6.27% | -3.14% | 0.49% | -3.05% | 6.32% | -3.63% | 0.38% | -6.18% | -3.05% | -0.49% | 1.31% | -2.19% |
| 2013 | -0.51% | -5.09% | 0.96% | -7.57% | -6.20% | -11.06% | 7.43% | 5.20% | -4.78% | -0.34% | -5.51% | -3.79% | -28.33% |
Expense Ratio
GLD features an expense ratio of 0.40%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GLD is 74, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR Gold Trust (GLD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR Gold Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SPDR Gold Trust was 45.56%, occurring on Dec 17, 2015. Recovery took 1160 trading sessions.
The current SPDR Gold Trust drawdown is 4.21%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -45.56% | Aug 23, 2011 | 1088 | Dec 17, 2015 | 1160 | Jul 29, 2020 | 2248 |
| -29.41% | Mar 18, 2008 | 168 | Nov 12, 2008 | 211 | Sep 16, 2009 | 379 |
| -22% | Aug 7, 2020 | 538 | Sep 26, 2022 | 360 | Mar 4, 2024 | 898 |
| -21.79% | May 15, 2006 | 22 | Jun 14, 2006 | 317 | Sep 18, 2007 | 339 |
| -12.7% | Dec 3, 2009 | 45 | Feb 8, 2010 | 64 | May 11, 2010 | 109 |
Volatility
Volatility Chart
The current SPDR Gold Trust volatility is 5.62%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.