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Launched · SEC filings

SPDR Gold Shares

GLDNYSE ArcaB

$381.67−0.48 (−0.13%)

At close: Oct 13, 2026, 4:00 PM

B57/ 100

Rank 9 of 10 in Physical Gold

B57/100Rank 9 of 10inPhysical Gold
Intraday session: down, 79 prints from 382.15 to 381.67. Range 380.24 to 383.81. Use the arrow keys to read each point.381.00383.00384.0010 AM12 PM2 PM4 PM
Expense ratio
0.40%
Fund size
$141.7B
1Y total return
+3.5%
Yield · Last 12 months
—
Holdings
1
Avg volume · 30D
8.9M sh
NAV per share
$383.76
52W range
low $360.12high $509.70
Launched
Filings
SEC EDGAR

The ETF.net GLD Grade

Based on 5 of 6 pillars

B

Score 57 out of 100

Category
Physical Gold⁠
Rank
9 of 10
Six-pillar profile for GLD. Scores out of 100: Cost 12, Risk 49, Mission 100, Tradability 78, Holdings not scored, Durability 82. Strongest: Mission (100). Weakest: Cost (12). Based on 5 of 6 pillars.

Score 57 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F12 out of 100
    Rank 10 of 10

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 9

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C49 out of 100
    Rank 2 of 10

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A78 out of 100
    Rank 1 of 10

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A82 out of 100
    Rank 1 of 10

Our read on GLD

ETF.net Research

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.

Stated mandate

GLD seeks to have its shares track the price of gold bullion after the Trust’s operating expenses.

Why people hold it

  1. 01Does 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.
  2. 02Huge and very actively traded, which is why spreads tend to be thin and large orders usually find the other side quickly.
  3. 03Plain structure: a grantor trust holding physical gold. No futures, no roll schedule, no leverage between you and the metal.
  4. 04Trading since 2004, one of the longest-running gold vehicles on the US market and through several gold cycles.

Worth knowing

  1. 010.40% 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%.
  2. 02No dividends or interest. Bullion pays nothing, so the gold price minus the trust's expenses is the entire story.
  3. 03Gold moves in big swings, with no earnings or yield underneath to soften them.

GLD Holdings

As of Oct 12, 2026
Asset class
Other
Holdings
1
Top-10 weight
100%
Largest holding
Physical Gold100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Physical Gold100.00%0$141.7B8

Showing 1–1 of 1 holdings

GLD Performance

Launched Nov 18, 2004

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GLD$10,353
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. GLD $10,353. SPY $12,044. Use the arrow keys to read each point.$9,498$11,436$13,373Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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.

Trailing total return for GLD. Periods over one year show the average yearly return.
PeriodGLD
Year to date−3.6%
1 month−4.2%
3 months+1.4%
1 year+3.5%
3 yearsper year+30.2%
5 yearsper year+18.3%
10 yearsper year+12.3%

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GLD
YearReturn barGLD
2026 YTD−3.6%
2025+63.7%
2024+26.7%
2023+12.7%
2022−0.8%
2021−4.1%
2020+24.8%

GLD in the news

See all GLD news

GLD Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

GLD Risk

How much the fund’s monthly returns vary, scaled to a year.
19.0%
Annualised · 36 months to Sep 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.28
vs 3-month T-bills · to Sep 2026
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.

The largest fall from a peak to the low that followed.
−26.4%
Trough Jul 2026
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.

How strongly the fund’s returns move with its asset-class index.
0.44
vs its asset-class index
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

Expense ratio0.40%
  • The middle half of Physical Gold funds
  • Median 0.17%

Every other Physical Gold fund charges less.

GLD costs $40.00 a year on $10,000. The median Physical Gold fund costs $17.50.

Other funds in Physical Gold

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