GLDM vs IVV
SPDR Gold MiniShares Trust vs iShares Core S&P 500 ETF
Which is better, GLDM or IVV?
Gold against Large Cap Blend.
IVV has a lower expense ratio. GLDM led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GLDM | IVV |
|---|---|---|
| Expense Ratio | 0.10% | 0.03%Best |
| AUM | $31.5B | $876.4B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 1 | 508 |
| YTD Return | +0.24% | +12.27%Best |
| 1Y Return | +18.57%Best | +17.04% |
| 3Y Return (annualized) | +30.88%Best | +21.24% |
| 5Y Return (annualized) | +19.80%Best | +13.08% |
| Volatility (annualized) | 16.0%Best | 16.6% |
| Max Drawdown | -26.3%Best | -33.9% |
| $10,000 over 5 years | $24,677Best | $18,490 |
| Fund Family | SPDR State Street Global Advisors | iShares by BlackRock (US) |
| Category | Commodity | Equity |
| Style | Gold | Large Cap Blend |
| Inception | Jun 25, 2018 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 26, 2018 to Sep 17, 2026 (8.2 years).
GLDM vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.2 years both funds cover.
GLDM vs IVV Performance
SPDR Gold MiniShares Trust (GLDM) is an ETF from SPDR State Street Global Advisors and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GLDM returned +18.57% while IVV returned +17.04%. Year to date, GLDM is up 0.24% versus a gain of 12.27% for IVV.
Over three years, GLDM compounded at +30.88% per year against +21.24% for IVV; over five years the annualized figures are +19.80% and +13.08% respectively. Across the full 8-year window we track, GLDM has the edge at +16.10% annualized vs +14.40%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 16.0% for GLDM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -26.3% for GLDM and -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.14. They move largely independently of each other.
Fees and Cost Over Time
GLDM charges 0.10% per year while IVV charges 0.03%. On a $10,000 position that is $10 vs $3 annually, a gap of $7 per year that compounds over a long holding period. On income, GLDM currently yields 0.00% against 1.06% for IVV.
You are not choosing between two funds in isolation.
Whichever of GLDM and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GLDM or IVV?
GLDM has an expense ratio of 0.10% while IVV charges 0.03%. IVV is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, GLDM or IVV?
Over the past year GLDM returned +18.57% vs +17.04% for IVV, so GLDM leads on 1-year performance. Over the longest common window we track (8 years), GLDM annualized +16.10% vs +14.40% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GLDM or IVV?
IVV has been the more volatile fund at 16.6% annualized versus 16.0% for GLDM. Worst drawdown: GLDM -26.3% vs IVV -33.9%.
Should I hold both GLDM and IVV?
GLDM and IVV have a monthly-return correlation of 0.14, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GLDM or IVV?
GLDM yields 0.00% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than GLDM?
IVV has a lower expense ratio. GLDM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.