SPDR Gold MiniShares Trust (GLDM) belongs to the Gold category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GLDM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GLDM
GLDM charges 0.10% annually. There is 1 ETF in the Gold category with a lower expense ratio, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Gold Trust Micro | 0.09% | 6.34B | Jun 2021 | GLDM vs IAUM | |
| Franklin Responsibly Sourced Gold ETF | 0.15% | 415.34M | Jun 2022 | GLDM vs FGDL | |
| abrdn Physical Gold Shares ETF | 0.17% | 6.73B | Sep 2009 | GLDM vs SGOL | |
| GraniteShares Gold Trust | 0.17% | 1.34B | Aug 2017 | GLDM vs BAR | |
| Goldman Sachs Physical Gold ETF | 0.18% | 2.47B | Jul 2018 | GLDM vs AAAU |
Best Risk-Adjusted Alternatives to GLDM
GLDM has a PortfoliosLab risk / return rank of 28. There are 13 ETFs in the Gold category with higher risk-adjusted ranks, going as high as 48.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Sprott Junior Gold Miners ETF | 48 | 272.75M | Mar 2015 | GLDM vs SGDJ | |
| Sprott Active Gold & Silver Miners ETF | 44 | 141.51M | Feb 2025 | GLDM vs GBUG | |
| Global X Gold Explorers ETF | 44 | 104.44M | Nov 2010 | GLDM vs GOEX | |
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | 42 | 433.45M | Mar 2022 | GLDM vs GDE | |
| VanEck Junior Gold Miners ETF | 38 | 6.89B | Nov 2009 | GLDM vs GDXJ |
Top Performing GLDM Alternatives (YTD)
GLDM is at -6.13% YTD. There are 10 ETFs in the Gold category with higher YTD returns, going as high as 4.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| DB Gold Short Exchange Traded Notes | 4.59% | 1.84M | Feb 2008 | GLDM vs DGZ | |
| ProShares UltraShort Gold | 1.26% | 124.20M | Dec 2008 | GLDM vs GLL | |
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | 0.83% | 433.45M | Mar 2022 | GLDM vs GDE | |
| FT Vest Gold Strategy Quarterly Buffer ETF | -3.76% | 50.90M | Jan 2021 | GLDM vs BGLD | |
| UBS AG ETRACS Gold Shares Covered Call ETNs due Fe... | -4.83% | 166.76M | Jan 2013 | GLDM vs GLDI |
Lowest Volatility Alternatives to GLDM
GLDM has 27.91% 1-year volatility. There are 10 ETFs in the Gold category with lower 1-year volatility, going as low as 12.42%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Gold Strategy Quarterly Buffer ETF | 12.42% | 50.90M | Jan 2021 | GLDM vs BGLD | |
| UBS AG ETRACS Gold Shares Covered Call ETNs due Fe... | 16.75% | 166.76M | Jan 2013 | GLDM vs GLDI | |
| NEOS Gold High Income ETF | 22.13% | 494.75M | Jun 2025 | GLDM vs IAUI | |
| FT Vest Gold Strategy Target Income ETF | 25.12% | 514.13M | Mar 2021 | GLDM vs IGLD | |
| Defiance Gold Enhanced Options Income ETF | 25.26% | 22.65M | Apr 2025 | GLDM vs GOLI |
Lowest Drawdown Alternatives to GLDM
GLDM has a 1-year max drawdown of -26.27%. There are 6 ETFs in the Gold category with shallower 1-year drawdowns, going as shallow as -12.43%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Gold Strategy Quarterly Buffer ETF | -12.43% | 50.90M | Jan 2021 | GLDM vs BGLD | |
| UBS AG ETRACS Gold Shares Covered Call ETNs due Fe... | -15.81% | 166.76M | Jan 2013 | GLDM vs GLDI | |
| NEOS Gold High Income ETF | -22.50% | 494.75M | Jun 2025 | GLDM vs IAUI | |
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | -22.66% | 433.45M | Mar 2022 | GLDM vs GDE | |
| FT Vest Gold Strategy Target Income ETF | -23.84% | 514.13M | Mar 2021 | GLDM vs IGLD |
Other ETFs from State Street
The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 11 categories. AUM among these funds goes as high as $789B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 78 | 11.70% | 789.06B | Jan 1993 | GLDM vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 28 | -6.21% | 130.32B | Nov 2004 | GLDM vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 62 | 23.97% | 115.56B | Dec 1998 | GLDM vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 53 | 12.43% | 51.09B | Sep 2000 | GLDM vs SPYG | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 78 | 11.77% | 160.81B | Nov 2005 | GLDM vs SPYM | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 81 | 17.73% | 8.75B | Oct 2015 | GLDM vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 75 | 33.31% | 38.64B | Dec 1998 | GLDM vs XLE | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 21 | 5.31% | 23.07B | Dec 1998 | GLDM vs XLU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 2.10% | 47.03B | May 2007 | GLDM vs BIL | |
| State Street Health Care Select Sector SPDR ETF | Health & Biotech Equities | 68 | 5.70% | 42.10B | Dec 1998 | GLDM vs XLV |
Often Compared With GLDM
Investors most often compare GLDM with IAU, GDX, VOO. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare GLDM with Any Fund or Stock
Compare GLDM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GLDM with funds that move differently
SPDR Gold MiniShares Trust alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GLDM.
Explore GLDM Diversifiers