MYMK vs. GLD

Last updated Jun 25, 2026

MYMK (SPDR SSGA My2031 Municipal Bond ETF) and GLD (SPDR Gold Shares) are both exchange-traded funds - MYMK is a Municipal Bonds fund actively managed by State Street, while GLD is a Gold fund tracking the LBMA Gold Price PM. MYMK is actively managed, while GLD is passively managed. At a 0.19 correlation, their price movements are largely independent. MYMK charges 0.20%/yr vs 0.40%/yr for GLD.

Performance

MYMK vs. GLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR SSGA My2031 Municipal Bond ETF (MYMK) and SPDR Gold Shares (GLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYMK achieves a 0.99% return, which is significantly higher than GLD's -7.67% return.

MYMK

• 1D: 0.06%
• 1M: 0.85%
• YTD: 0.99%
• 6M: 1.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GLD

• 1D: -3.02%
• 1M: -11.58%
• YTD: -7.67%
• 6M: -11.17%
• 1Y: 19.51%
• 3Y*: 27.10%
• 5Y*: 17.04%
• 10Y*: 11.25%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MYMK vs. GLD - Yearly Performance Comparison

	2026 (YTD)	2025
MYMK SPDR SSGA My2031 Municipal Bond ETF	0.99%	0.65%
GLD SPDR Gold Shares	-7.67%	16.70%

Correlation

The correlation between MYMK and GLD is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025	0.19

Return for Risk

MYMK vs. GLD — Risk / Return Rank

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

MYMK

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GLD

GLD Risk / Return Rank: 21
GLD Sharpe Ratio Rank: 21
GLD Sortino Ratio Rank: 20
GLD Omega Ratio Rank: 23
GLD Calmar Ratio Rank: 18
GLD Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MYMK vs. GLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR SSGA My2031 Municipal Bond ETF (MYMK) and SPDR Gold Shares (GLD). 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.

	MYMK	GLD	Difference
Sharpe ratio: Return per unit of total volatility	—	0.71	—
Sortino ratio: Return per unit of downside risk	—	1.05	—
Omega ratio: Gain probability vs. loss probability	—	1.15	—
Calmar ratio: Return relative to maximum drawdown	—	0.75	—
Martin ratio: Return relative to average drawdown	—	2.12	—

Drawdowns

MYMK vs. GLD - Drawdown Comparison

The maximum MYMK drawdown since its inception was -2.22%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for MYMK and GLD.

Drawdown Indicators

	MYMK	GLD	Difference
Max Drawdown Largest peak-to-trough decline	-2.22%	-45.56%	+43.34%
Max Drawdown (1Y) Largest decline over 1 year	—	-26.21%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-26.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.21%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-26.21%	—
Current Drawdown Current decline from peak	-0.85%	-26.21%	+25.36%
Average Drawdown Average peak-to-trough decline	-0.61%	-16.17%	+15.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.24%	—

Volatility

Volatility by Period

	MYMK	GLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.58%	—
Volatility (6M) Calculated over the trailing 6-month period	—	24.57%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.91%	27.75%	-25.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.91%	18.30%	-16.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.91%	16.07%	-14.16%

MYMK vs. GLD - Expense Ratio Comparison

MYMK has a 0.20% expense ratio, which is lower than GLD's 0.40% expense ratio.

Dividends

MYMK vs. GLD - Dividend Comparison

MYMK's dividend yield for the trailing twelve months is around 1.83%, while GLD has not paid dividends to shareholders.

Position	TTM	2025
GLD SPDR Gold Shares	0.00%	0.00%
MYMK SPDR SSGA My2031 Municipal Bond ETF	1.83%	0.77%

Frequently Asked Questions

Can I hold both MYMK and GLD in my portfolio?

MYMK and GLD have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MYMK or GLD?

On fees, MYMK is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MYMK or GLD?

MYMK is cheaper with a 0.20% expense ratio, compared with 0.40% for GLD.

Which ETF pays a higher dividend yield, MYMK or GLD?

MYMK has the higher dividend yield at 1.83%, compared with 0.00% for GLD.

What is the main difference between MYMK and GLD?

MYMK is categorized as Municipal Bonds, while GLD is Gold. Their fees differ too: 0.20% for MYMK and 0.40% for GLD.