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

Correlation

The correlation between GLDM and VOO is 0.08, 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.


-0.50.00.51.00.1

Performance

GLDM vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Gold MiniShares Trust (GLDM) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%SeptemberOctoberNovemberDecember2025February
16.84%
7.47%
GLDM
VOO

Key characteristics

Sharpe Ratio

GLDM:

2.93

VOO:

1.76

Sortino Ratio

GLDM:

3.69

VOO:

2.37

Omega Ratio

GLDM:

1.50

VOO:

1.32

Calmar Ratio

GLDM:

5.54

VOO:

2.66

Martin Ratio

GLDM:

15.23

VOO:

11.10

Ulcer Index

GLDM:

2.94%

VOO:

2.02%

Daily Std Dev

GLDM:

15.35%

VOO:

12.79%

Max Drawdown

GLDM:

-21.63%

VOO:

-33.99%

Current Drawdown

GLDM:

-0.09%

VOO:

-2.11%

Returns By Period

In the year-to-date period, GLDM achieves a 11.83% return, which is significantly higher than VOO's 2.40% return.


GLDM

YTD

11.83%

1M

6.58%

6M

16.84%

1Y

43.98%

5Y*

11.98%

10Y*

N/A

VOO

YTD

2.40%

1M

-1.60%

6M

7.47%

1Y

19.76%

5Y*

15.07%

10Y*

13.05%

*Annualized

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GLDM vs. VOO - Expense Ratio Comparison

GLDM has a 0.18% expense ratio, which is higher than VOO's 0.03% 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 at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

GLDM vs. VOO — 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 9494
Overall Rank
The Sharpe Ratio Rank of GLDM is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of GLDM is 9494
Sortino Ratio Rank
The Omega Ratio Rank of GLDM is 9393
Omega Ratio Rank
The Calmar Ratio Rank of GLDM is 9696
Calmar Ratio Rank
The Martin Ratio Rank of GLDM is 9191
Martin Ratio Rank

VOO
The Risk-Adjusted Performance Rank of VOO is 7777
Overall Rank
The Sharpe Ratio Rank of VOO is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 7373
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 7676
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 7878
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 8181
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. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Gold MiniShares Trust (GLDM) and Vanguard S&P 500 ETF (VOO). 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 2.93, compared to the broader market0.002.004.002.931.76
The chart of Sortino ratio for GLDM, currently valued at 3.69, compared to the broader market0.005.0010.003.692.37
The chart of Omega ratio for GLDM, currently valued at 1.50, compared to the broader market0.501.001.502.002.503.001.501.32
The chart of Calmar ratio for GLDM, currently valued at 5.54, compared to the broader market0.005.0010.0015.0020.005.542.66
The chart of Martin ratio for GLDM, currently valued at 15.23, compared to the broader market0.0020.0040.0060.0080.00100.0015.2311.10
GLDM
VOO

The current GLDM Sharpe Ratio is 2.93, which is higher than the VOO Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of GLDM and VOO, 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 Ratio2.002.503.003.50SeptemberOctoberNovemberDecember2025February
2.93
1.76
GLDM
VOO

Dividends

GLDM vs. VOO - Dividend Comparison

GLDM has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.22%.


TTM20242023202220212020201920182017201620152014
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%
VOO
Vanguard S&P 500 ETF
1.22%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%

Drawdowns

GLDM vs. VOO - Drawdown Comparison

The maximum GLDM drawdown since its inception was -21.63%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GLDM and VOO. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%SeptemberOctoberNovemberDecember2025February
-0.09%
-2.11%
GLDM
VOO

Volatility

GLDM vs. VOO - Volatility Comparison

SPDR Gold MiniShares Trust (GLDM) has a higher volatility of 3.73% compared to Vanguard S&P 500 ETF (VOO) at 3.38%. This indicates that GLDM's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%SeptemberOctoberNovemberDecember2025February
3.73%
3.38%
GLDM
VOO