GLDM vs. YETI
GLDM (SPDR Gold MiniShares Trust) is Gold fund tracking the LBMA Gold Price PM, while YETI (YETI Holdings, Inc.) is a stock. Over the past 5 years, GLDM returned 17.41%/yr vs -11.89%/yr for YETI. At a 0.05 correlation, their price movements are largely independent.
Performance
GLDM vs. YETI - Performance Comparison
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Returns By Period
In the year-to-date period, GLDM achieves a -2.40% return, which is significantly lower than YETI's 14.15% return.
GLDM
- 1D
- 0.11%
- 1M
- -10.20%
- YTD
- -2.40%
- 6M
- -2.09%
- 1Y
- 24.17%
- 3Y*
- 29.27%
- 5Y*
- 17.41%
- 10Y*
- —
YETI
- 1D
- -0.51%
- 1M
- 31.54%
- YTD
- 14.15%
- 6M
- 14.38%
- 1Y
- 60.32%
- 3Y*
- 11.13%
- 5Y*
- -11.89%
- 10Y*
- —
GLDM vs. YETI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GLDM SPDR Gold MiniShares Trust | -2.40% | 64.20% | 27.08% | 13.04% | -0.47% | -4.01% | 25.10% | 18.10% | 4.06% |
YETI YETI Holdings, Inc. | 14.15% | 14.70% | -25.63% | 25.34% | -50.13% | 20.97% | 96.87% | 134.37% | -11.40% |
Correlation
The correlation between GLDM and YETI is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2018 | 0.05 |
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Return for Risk
GLDM vs. YETI — Risk / Return Rank
GLDM
YETI
GLDM vs. YETI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Gold MiniShares Trust (GLDM) and YETI Holdings, Inc. (YETI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GLDM | YETI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.25 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.00 | 2.02 | -1.02 |
| Martin ratioReturn relative to average drawdown | 2.87 | 4.43 | -1.56 |
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Drawdowns
GLDM vs. YETI - Drawdown Comparison
The maximum GLDM drawdown since its inception was -24.35%, smaller than the maximum YETI drawdown of -74.99%. Use the drawdown chart below to compare losses from any high point for GLDM and YETI.
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Drawdown Indicators
| GLDM | YETI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.35% | -74.99% | +50.64% |
Max Drawdown (1Y)Largest decline over 1 year | -24.35% | -30.08% | +5.73% |
Max Drawdown (3Y)Largest decline over 3 years | -24.35% | -49.74% | +25.39% |
Max Drawdown (5Y)Largest decline over 5 years | -24.35% | -74.99% | +50.64% |
Current DrawdownCurrent decline from peak | -21.96% | -53.20% | +31.24% |
Average DrawdownAverage peak-to-trough decline | -6.27% | -40.47% | +34.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.44% | 13.69% | -5.25% |
Volatility
GLDM vs. YETI - Volatility Comparison
The current volatility for SPDR Gold MiniShares Trust (GLDM) is 7.73%, while YETI Holdings, Inc. (YETI) has a volatility of 12.35%. This indicates that GLDM experiences smaller price fluctuations and is considered to be less risky than YETI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLDM | YETI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.73% | 12.35% | -4.62% |
Volatility (6M)Calculated over the trailing 6-month period | 23.93% | 28.74% | -4.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.15% | 42.24% | -15.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.13% | 48.50% | -30.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.98% | 53.18% | -36.20% |
Dividends
GLDM vs. YETI - Dividend Comparison
Neither GLDM nor YETI has paid dividends to shareholders.
Frequently Asked Questions
GLDM and YETI have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
YETI has higher volatility (12.35%) compared to GLDM (7.73%). In terms of maximum drawdown, GLDM dropped -24.35% vs YETI's -74.99%.
YETI currently has the higher Sharpe Ratio (1.44 vs 0.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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