GLDMSPDR Gold MiniShares

Beat inflation7y track recordRanked #7 of 114 in this goal

The investment objective of GLDM is for the Shares to reflect the performance of gold bullion.

By State Street Investment Management · Launched 2018

Annual Cost

0.10%

#539 of 5,562 · low cost

Fund Size

$30.9B

#103 of 5,562 · large

Return (1Y)Goal

+24.4%

Track Record

7 years

#1,761 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$12,517+25.2%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Commodity

Focus

Gold

Index tracked

LBMA Gold Price PM

What it actually holds

By weight

Asset allocation

Other

100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

27.3%High

Year-on-year price swings

Max drawdown

-24.4%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

1.20Strong risk-adjusted returns

Sortino (3Y)

1.68Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: The investment objective of GLDM is for the Shares to reflect the performance of gold bullion.
Strategy: GLDM is designed to reflect the performance of gold bullion, less expenses. It does not manage gold holdings and does not have investment discretion.
Inception date: June 25, 2018
Fund family: State Street Investment Management