GLDMSPDR Gold MiniShares

Beat inflation8y track recordRanked #6 of 109 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%

#408 of 5,854 · low cost

Fund Size

$27.3B

#117 of 5,854 · large

Return (1Y)Goal

+23.8%

Track Record

8 years

#1,729 of 5,854 · established

Performance

Total-return NAV · USD

Growth of $10,000

$11,988+19.9%

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

How Beacon categorizes this fund

Asset class

Focus

Gold

By weight

Other

100.0%

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

27.9%High

Year-on-year price swings

Max drawdown

-26.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

1.09Strong risk-adjusted returns

Sortino (3Y)

1.51Good downside protection

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