GLTR vs SPY
abrdn Physical Precious Metals Basket Shares ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, GLTR or SPY?
Precious Metals against Large Cap Blend.
SPY has a lower expense ratio. GLTR led over 1Y, 3Y and 5Y, SPY over 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 | GLTR | SPY |
|---|---|---|
| Expense Ratio | 0.60% | 0.09%Best |
| AUM | $2.7B | $804.7B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 5 | 505 |
| YTD Return | -4.14% | +12.09%Best |
| 1Y Return | +29.81%Best | +16.29% |
| 3Y Return (annualized) | +31.48%Best | +21.20% |
| 5Y Return (annualized) | +18.19%Best | +13.37% |
| Volatility (annualized) | 20.3% | 14.1%Best |
| Max Drawdown | -55.7% | -34.1%Best |
| $10,000 over 5 years | $23,062Best | $18,728 |
| Fund Family | Aberdeen | State Street Investment Management |
| Category | Commodity | Equity |
| Style | Precious Metals | Large Cap Blend |
| Inception | Oct 21, 2010 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 22, 2010 to Sep 18, 2026 (15.9 years).
GLTR vs SPY 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 15.9 years both funds cover.
GLTR vs SPY Performance
abrdn Physical Precious Metals Basket Shares ETF (GLTR) is an ETF from Aberdeen and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year GLTR returned +29.81% while SPY returned +16.29%. Year to date, GLTR is down 4.14% versus a gain of 12.09% for SPY.
Over three years, GLTR compounded at +31.48% per year against +21.20% for SPY; over five years the annualized figures are +18.19% and +13.37% respectively. Across the full 16-year window we track, SPY has the edge at +12.94% annualized vs +6.28%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GLTR has been the more volatile fund, with annualized monthly volatility of 20.3% compared with 14.1% for SPY. 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 -55.7% for GLTR and -34.1% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.24. They move largely independently of each other.
Fees and Cost Over Time
GLTR charges 0.60% per year while SPY charges 0.09%. On a $10,000 position that is $60 vs $9 annually, a gap of $51 per year that compounds over a long holding period. On income, GLTR currently yields 0.00% against 0.98% for SPY.
You are not choosing between two funds in isolation.
Whichever of GLTR and SPY 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, GLTR or SPY?
GLTR has an expense ratio of 0.60% while SPY charges 0.09%. SPY is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, GLTR or SPY?
Over the past year GLTR returned +29.81% vs +16.29% for SPY, so GLTR leads on 1-year performance. Over the longest common window we track (16 years), GLTR annualized +6.28% vs +12.94% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GLTR or SPY?
GLTR has been the more volatile fund at 20.3% annualized versus 14.1% for SPY. Worst drawdown: GLTR -55.7% vs SPY -34.1%.
Should I hold both GLTR and SPY?
GLTR and SPY have a monthly-return correlation of 0.24, 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, GLTR or SPY?
GLTR yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than GLTR?
SPY has a lower expense ratio. GLTR led over 1Y, 3Y and 5Y, SPY over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.