SPDR Gold Shares
$393.21−6.86 (−1.71%)
- Expense ratio
- 0.40%
- Fund size
- $146.7B
- 1Y return
- +15.9%
- Yield · Last 12 months
- —
- Volume · 30D
- 8.6M sh
- NAV per share
- $396.48
- 52W range
The ETF.net GLD Grade
Score 57 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 12Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 49Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 80Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 82Category rank
Our read on GLD
BGold in a brokerage account, running since 2004: a trust that holds physical bullion and trades like a stock. It's the heavyweight of the gold shelf, and the fee is the price of that depth.
GLD seeks to have its shares track the price of gold bullion after the Trust’s operating expenses.
Why people hold it
- Does the one job it advertises: shares track the price of gold bullion after the trust's expenses, and the tracking is among the tightest in the gold group.
- Huge and very actively traded, which is why spreads tend to be thin and large orders usually find the other side quickly.
- Plain structure: a grantor trust holding physical gold. No futures, no roll schedule, no leverage between you and the metal.
- Trading since 2004, one of the longest-running gold vehicles on the US market and through several gold cycles.
Worth knowing
- 0.40% a year is the toll for that liquidity: more than double the typical physical-gold ETF fee, and above its own cheaper sibling GLDM at 0.10%.
- No dividends or interest. Bullion pays nothing, so the gold price minus the trust's expenses is the entire story.
- Gold moves in big swings, with no earnings or yield underneath to soften them.
GLD Holdings
- Other
- —
- 100%
- Physical Gold
GLD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
GLD$11,595
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | GLD |
|---|---|
| Year to date | +0.9% |
| 1 month | −5.5% |
| 3 months | +4.0% |
| 1 year | +15.9% |
| 3 years | +30.8% |
| 5 years | +19.3% |
| 10 years | +12.1% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GLD |
|---|---|---|
| 2026 YTD | +0.9% | |
| 2025 | +63.7% | |
| 2024 | +26.7% | |
| 2023 | +12.7% | |
| 2022 | −0.8% | |
| 2021 | −4.1% | |
| 2020 | +24.8% |
GLD in the news
GLD Dividends
No distributions in the last 12 months.
GLD Risk
- 18.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.33
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −26.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.45
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GLD Cost
0.40%
GLD0.40%
- The middle half of Physical Gold funds
- Median 0.17%
Every other Physical Gold fund charges less.