PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
SPDR Gold MiniShares Trust (GLDM)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS98149E2046
CUSIP98149E204
IssuerState Street
Inception DateJun 25, 2018
CategoryPrecious Metals, Gold
Index TrackedLBMA Gold PM Price
Home Pagewww.ssga.com
Asset ClassCommodity

Expense Ratio

The SPDR Gold MiniShares Trust features an expense ratio of 0.18%, falling within the medium range.


0.50%1.00%1.50%2.00%0.18%

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SPDR Gold MiniShares Trust

Popular comparisons: GLDM vs. GLD, GLDM vs. IAUM, GLDM vs. IAU, GLDM vs. AAAU, GLDM vs. SGOL, GLDM vs. GDX, GLDM vs. VOO, GLDM vs. GDXJ, GLDM vs. SPY, GLDM vs. ^GSPC

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in SPDR Gold MiniShares Trust, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2024FebruaryMarchApril
22.52%
17.07%
GLDM (SPDR Gold MiniShares Trust)
Benchmark (^GSPC)

S&P 500

Returns By Period

SPDR Gold MiniShares Trust had a return of 15.84% year-to-date (YTD) and 19.58% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date15.84%5.90%
1 month10.80%-1.28%
6 months24.25%15.51%
1 year19.58%21.68%
5 years (annualized)13.27%11.74%
10 years (annualized)N/A10.50%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-1.39%0.50%8.66%
2023-4.73%7.39%2.57%1.31%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of GLDM is 75, placing it in the top 25% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of GLDM is 7575
SPDR Gold MiniShares Trust(GLDM)
The Sharpe Ratio Rank of GLDM is 7676Sharpe Ratio Rank
The Sortino Ratio Rank of GLDM is 7878Sortino Ratio Rank
The Omega Ratio Rank of GLDM is 7676Omega Ratio Rank
The Calmar Ratio Rank of GLDM is 8282Calmar Ratio Rank
The Martin Ratio Rank of GLDM is 6464Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for SPDR Gold MiniShares Trust (GLDM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


GLDM
Sharpe ratio
The chart of Sharpe ratio for GLDM, currently valued at 1.59, compared to the broader market-1.000.001.002.003.004.005.001.59
Sortino ratio
The chart of Sortino ratio for GLDM, currently valued at 2.45, compared to the broader market-2.000.002.004.006.008.002.45
Omega ratio
The chart of Omega ratio for GLDM, currently valued at 1.29, compared to the broader market1.001.502.002.501.29
Calmar ratio
The chart of Calmar ratio for GLDM, currently valued at 1.56, compared to the broader market0.002.004.006.008.0010.0012.001.56
Martin ratio
The chart of Martin ratio for GLDM, currently valued at 4.29, compared to the broader market0.0020.0040.0060.0080.004.29
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.89, compared to the broader market-1.000.001.002.003.004.005.001.89
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.74, compared to the broader market-2.000.002.004.006.008.002.74
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market1.001.502.002.501.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.43, compared to the broader market0.002.004.006.008.0010.0012.001.43
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.62, compared to the broader market0.0020.0040.0060.0080.007.62

Sharpe Ratio

The current SPDR Gold MiniShares Trust Sharpe ratio is 1.59. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
1.59
1.89
GLDM (SPDR Gold MiniShares Trust)
Benchmark (^GSPC)

Dividends

Dividend History


SPDR Gold MiniShares Trust doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril0
-3.86%
GLDM (SPDR Gold MiniShares Trust)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the SPDR Gold MiniShares 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 MiniShares Trust was 21.63%, occurring on Sep 26, 2022. Recovery took 315 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-21.63%Aug 7, 2020537Sep 26, 2022315Dec 27, 2023852
-12.54%Mar 10, 20208Mar 19, 202015Apr 9, 202023
-6.78%Jul 10, 201828Aug 16, 201887Dec 20, 2018115
-6.45%Sep 5, 201948Nov 11, 201937Jan 6, 202085
-5.26%Feb 20, 201951May 2, 201932Jun 18, 201983

Volatility

Volatility Chart

The current SPDR Gold MiniShares Trust volatility is 4.17%, 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.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%NovemberDecember2024FebruaryMarchApril
4.17%
3.39%
GLDM (SPDR Gold MiniShares Trust)
Benchmark (^GSPC)