GLDM vs. DIA
Compare and contrast key facts about SPDR Gold MiniShares Trust (GLDM) and SPDR Dow Jones Industrial Average ETF (DIA).
GLDM and DIA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLDM is a passively managed fund by State Street that tracks the performance of the LBMA Gold PM Price. It was launched on Jun 25, 2018. DIA is a passively managed fund by State Street that tracks the performance of the Dow Jones Industrial Average. It was launched on Jan 14, 1998. Both GLDM and DIA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
GLDM vs. DIA - Performance Comparison
Loading graphics...
GLDM vs. DIA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GLDM SPDR Gold MiniShares Trust | 8.57% | 64.20% | 27.08% | 13.04% | -0.47% | -4.01% | 25.10% | 18.10% | 1.84% |
DIA SPDR Dow Jones Industrial Average ETF | -3.25% | 14.71% | 14.82% | 16.02% | -7.02% | 20.83% | 9.59% | 24.70% | -2.83% |
Returns By Period
In the year-to-date period, GLDM achieves a 8.57% return, which is significantly higher than DIA's -3.25% return.
GLDM
- 1D
- 3.77%
- 1M
- -10.99%
- YTD
- 8.57%
- 6M
- 21.24%
- 1Y
- 49.77%
- 3Y*
- 33.33%
- 5Y*
- 21.91%
- 10Y*
- —
DIA
- 1D
- 2.46%
- 1M
- -5.20%
- YTD
- -3.25%
- 6M
- 0.64%
- 1Y
- 12.04%
- 3Y*
- 13.58%
- 5Y*
- 8.82%
- 10Y*
- 12.22%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GLDM vs. DIA - Expense Ratio Comparison
GLDM has a 0.10% expense ratio, which is lower than DIA's 0.16% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
GLDM vs. DIA — Risk / Return Rank
GLDM
DIA
GLDM vs. DIA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Gold MiniShares Trust (GLDM) and SPDR Dow Jones Industrial Average ETF (DIA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| GLDM | DIA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.82 | 0.72 | +1.10 |
Sortino ratioReturn per unit of downside risk | 2.25 | 1.14 | +1.11 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.16 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 2.71 | 1.22 | +1.49 |
Martin ratioReturn relative to average drawdown | 10.04 | 4.51 | +5.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GLDM | DIA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.82 | 0.72 | +1.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.25 | 0.60 | +0.65 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.70 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.09 | 0.47 | +0.62 |
Correlation
The correlation between GLDM and DIA is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
GLDM vs. DIA - Dividend Comparison
GLDM has not paid dividends to shareholders, while DIA's dividend yield for the trailing twelve months is around 1.52%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLDM SPDR Gold MiniShares Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DIA SPDR Dow Jones Industrial Average ETF | 1.52% | 1.43% | 1.61% | 1.81% | 1.91% | 1.58% | 1.87% | 1.85% | 2.24% | 1.97% | 2.26% | 2.33% |
Drawdowns
GLDM vs. DIA - Drawdown Comparison
The maximum GLDM drawdown since its inception was -21.63%, smaller than the maximum DIA drawdown of -51.87%. Use the drawdown chart below to compare losses from any high point for GLDM and DIA.
Loading graphics...
Drawdown Indicators
| GLDM | DIA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.63% | -51.87% | +30.24% |
Max Drawdown (1Y)Largest decline over 1 year | -19.14% | -10.79% | -8.35% |
Max Drawdown (5Y)Largest decline over 5 years | -20.92% | -20.76% | -0.16% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.70% | — |
Current DrawdownCurrent decline from peak | -13.19% | -7.40% | -5.79% |
Average DrawdownAverage peak-to-trough decline | -6.04% | -7.18% | +1.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.16% | 2.92% | +2.24% |
Volatility
GLDM vs. DIA - Volatility Comparison
SPDR Gold MiniShares Trust (GLDM) has a higher volatility of 11.01% compared to SPDR Dow Jones Industrial Average ETF (DIA) at 4.92%. This indicates that GLDM's price experiences larger fluctuations and is considered to be riskier than DIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GLDM | DIA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.01% | 4.92% | +6.09% |
Volatility (6M)Calculated over the trailing 6-month period | 24.07% | 9.23% | +14.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.57% | 16.84% | +10.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.65% | 14.73% | +2.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.77% | 17.51% | -0.74% |