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GLDM vs. SGOL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GLDM and SGOL is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 1.0

Performance

GLDM vs. SGOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Gold MiniShares Trust (GLDM) and Aberdeen Standard Physical Gold Shares ETF (SGOL). The values are adjusted to include any dividend payments, if applicable.

100.00%110.00%120.00%130.00%140.00%150.00%NovemberDecember2025FebruaryMarchApril
144.44%
143.63%
GLDM
SGOL

Key characteristics

Sharpe Ratio

GLDM:

2.35

SGOL:

2.35

Sortino Ratio

GLDM:

3.04

SGOL:

3.05

Omega Ratio

GLDM:

1.40

SGOL:

1.40

Calmar Ratio

GLDM:

4.48

SGOL:

4.45

Martin Ratio

GLDM:

12.23

SGOL:

12.10

Ulcer Index

GLDM:

2.97%

SGOL:

2.98%

Daily Std Dev

GLDM:

15.44%

SGOL:

15.35%

Max Drawdown

GLDM:

-21.63%

SGOL:

-45.51%

Current Drawdown

GLDM:

-0.57%

SGOL:

-0.60%

Returns By Period

The year-to-date returns for both stocks are quite close, with GLDM having a 18.37% return and SGOL slightly lower at 18.32%.


GLDM

YTD

18.37%

1M

6.49%

6M

16.89%

1Y

35.04%

5Y*

13.73%

10Y*

N/A

SGOL

YTD

18.32%

1M

6.43%

6M

16.78%

1Y

34.91%

5Y*

13.70%

10Y*

9.57%

*Annualized

Compare stocks, funds, or ETFs

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GLDM vs. SGOL - Expense Ratio Comparison

GLDM has a 0.18% expense ratio, which is higher than SGOL's 0.17% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Expense ratio chart for GLDM: current value is 0.18%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GLDM: 0.18%
Expense ratio chart for SGOL: current value is 0.17%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SGOL: 0.17%

Risk-Adjusted Performance

GLDM vs. SGOL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GLDM
The Risk-Adjusted Performance Rank of GLDM is 9595
Overall Rank
The Sharpe Ratio Rank of GLDM is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of GLDM is 9595
Sortino Ratio Rank
The Omega Ratio Rank of GLDM is 9494
Omega Ratio Rank
The Calmar Ratio Rank of GLDM is 9696
Calmar Ratio Rank
The Martin Ratio Rank of GLDM is 9494
Martin Ratio Rank

SGOL
The Risk-Adjusted Performance Rank of SGOL is 9595
Overall Rank
The Sharpe Ratio Rank of SGOL is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of SGOL is 9595
Sortino Ratio Rank
The Omega Ratio Rank of SGOL is 9494
Omega Ratio Rank
The Calmar Ratio Rank of SGOL is 9696
Calmar Ratio Rank
The Martin Ratio Rank of SGOL is 9494
Martin 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.

GLDM vs. SGOL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Gold MiniShares Trust (GLDM) and Aberdeen Standard Physical Gold Shares ETF (SGOL). 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.


The chart of Sharpe ratio for GLDM, currently valued at 2.35, compared to the broader market0.002.004.00
GLDM: 2.35
SGOL: 2.35
The chart of Sortino ratio for GLDM, currently valued at 3.04, compared to the broader market-2.000.002.004.006.008.0010.0012.00
GLDM: 3.04
SGOL: 3.05
The chart of Omega ratio for GLDM, currently valued at 1.40, compared to the broader market0.501.001.502.002.503.00
GLDM: 1.40
SGOL: 1.40
The chart of Calmar ratio for GLDM, currently valued at 4.48, compared to the broader market0.005.0010.0015.00
GLDM: 4.48
SGOL: 4.45
The chart of Martin ratio for GLDM, currently valued at 12.23, compared to the broader market0.0020.0040.0060.0080.00100.00
GLDM: 12.23
SGOL: 12.10

The current GLDM Sharpe Ratio is 2.35, which is comparable to the SGOL Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of GLDM and SGOL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.002.503.00NovemberDecember2025FebruaryMarchApril
2.35
2.35
GLDM
SGOL

Dividends

GLDM vs. SGOL - Dividend Comparison

Neither GLDM nor SGOL has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

GLDM vs. SGOL - Drawdown Comparison

The maximum GLDM drawdown since its inception was -21.63%, smaller than the maximum SGOL drawdown of -45.51%. Use the drawdown chart below to compare losses from any high point for GLDM and SGOL. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-0.57%
-0.60%
GLDM
SGOL

Volatility

GLDM vs. SGOL - Volatility Comparison

SPDR Gold MiniShares Trust (GLDM) and Aberdeen Standard Physical Gold Shares ETF (SGOL) have volatilities of 3.43% and 3.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%NovemberDecember2025FebruaryMarchApril
3.43%
3.49%
GLDM
SGOL